CEO John Pagliuca sold 151.0K shares of NABL at $12.77; -16.2% from 52-week high, stock down -11.7% in 30 days.
John Pagliuca, President and CEO of N-able Inc., sold 150,956 shares valued at $1,927,708.12 on 2024-08-12, reducing his holdings from 1,616,302 to 1,465,346 shares (-9.3% reduction). The sale occurred at $12.77, a price that sits -16.2% below the 52-week high of $15.27 and follows a -11.7% decline over the preceding 30 days. His cross-ticker track record shows one prior open-market sell with a 90-day well-timed rate of 100.00%, and his same-ticker history at NABL (one prior sale on 2023-08-18) also exhibited negative 90-day returns (-10.0%), indicating that prior sales at this company and across his portfolio have historically been followed by further declines. The stock remains volatile within its -0.5% 90-day range, and the company's high P/E ratio of 75.29 paired with modest net income of $9.5M against $119.4M revenue suggests elevated growth expectations. Investors should monitor whether this disposal signals changing conviction about the company's valuation, particularly given the consistent pattern of his prior disposals coinciding with subsequent weakness.