medium
Sell
324,686 shares
$3,138,804
Significance
5/10
Director Paul A Zevnik sold 324,686 shares of EVC at $9.67; retains 2.11M shares post-sale.
Director Paul A Zevnik sold 324,686 shares at $9.67, reducing his holdings by 13.3% while retaining a substantial 2,107,582 shares. The transaction occurred near the 52-week high of $10.12, with the stock currently trading at $9.22. EVC recently reported quarterly revenue of $196,971,000.00 and net income of $12,360,000.00, though the company was unprofitable over its most recent full fiscal year despite posting 22.6% annual revenue growth. The sale size and timing relative to the 52-week range warrant examination of whether it reflects changed circumstances at the company or portfolio management by a significant shareholder.