FNF Chief Legal Officer Peter T. Sadowski sells 20,000 shares ($1.1M) at $57.34; stock now at 52-week high $57.43
Peter T. Sadowski, EVP and Chief Legal Officer, sold 20,000 shares (74.9K shares remaining post-transaction) on 2024-08-19 at $57.34 per share, realizing $1,146,838.00 in gross proceeds. The sale occurred as FNF's stock approached its 52-week high of $57.43 (current price: $57.43, +0.0% from 52-week high), following strong recent momentum (+7.6% over 30 days, +8.7% over 90 days). The company's fundamentals show a market cap of $15,704,788,848.10 with P/E of 17.25, though annual revenue growth remains modest at +1.7%. This sale by a senior officer during a period of peak valuations, combined with the executive's retention of 74,898 shares, reflects a material reduction in his position without constituting a complete exit.