EVP Perez-Surillo sells 14,585 EVTC shares at $37.15; post-sale holdings drop 29.3% to 35,203 shares
EVP Paola Perez-Surillo sold 14,585 shares at $37.15, reducing her holdings by 29.3% to 35,203 shares. The transaction occurred when EVTC was trading near its 52-week range ($29.61–$39.90) and 6.6% below the recent high. Her prior cross-ticker sell history shows a 90-day well-timed rate of 0.00%, meaning her previous sales did not precede stock declines; specifically, her lone prior EVTC sale on 2024-08-29 was followed by a +5.0% 90-day return. The company's fundamentals show strong near-term performance (annual revenue growth of +21.7%, net income of $24.7M on $211.8M quarterly revenue, P/E of 20.24), indicating a healthy operating environment at the time of sale. The transaction represents a material reduction in her position but occurs against a backdrop of positive near-term stock momentum (30-day change +13.6%) and historically poorly-timed prior sales by this insider at this ticker.
EVP Perez-Surillo sells 18,253 shares of EVTC at $34.14; reduces stake by 33.3% to 36,558 shares.
Perez-Surillo sold 18,253 shares at $34.14 on 2024-08-29, reducing her post-transaction holdings to 36,558 shares, a net reduction of 33.3% relative to her pre-transaction position of 54,811 shares. The transaction occurred when EVERTEC stock was trading $0.52 below the current price of $33.62 and approximately 20.4% below the 52-week high of $42.21, suggesting the sale occurred during a period of relative weakness. EVERTEC fundamentals remain solid with annual revenue growth of 12.3% and a market cap of $2.2B, though the stock's P/E of 31.13 reflects current market pricing. The material reduction in Perez-Surillo's shareholding—a third of her prior position—merits tracking to determine whether this represents a one-time rebalancing or part of a broader pattern of executive selling.
