10% owner Farallon Partners sells 3,406,000 shares (49.5% reduction) for $191,213,690.00 over 2 days
Farallon Partners L L C/CA, a 10% owner of Lantheus Holdings, executed two separate sales totaling 3,406,000 shares (3.41M shares) for $191,213,690.00, reducing its stake by approximately 49.5%. The sales occurred on consecutive trading days at blended average price of $56.14, and the filer retains 3,477,227 shares (3.48M shares) post-transaction. This substantial disposition—nearly half the pre-transaction position—by a major shareholder occurs within a context where the stock is down 18.2% over 30 days and 19.9% over 90 days from current price of $59.16, and the company trades at a P/E of 14.83 with recent strong fundamentals: $378,045,000 in latest quarterly revenue, $78,755,000 net income, and +18.3% annual revenue growth. The scale and speed of this equity reduction warrants investor attention to Farallon's conviction level in the name going forward.