EVP Raymond D Pittard sold 1,805 shares of TT for $593,221.47 ($593.2K) on 2024-08-07 at blended avg $328.65
Raymond D Pittard, Executive Vice President of Trane Technologies, executed 2 separate sales totaling 1,805 shares for $593,221.47 on 2024-08-07 at an average transaction price of $328.65, reducing his holdings by 2.1% to 83,517 shares. The sales occurred near the stock's 52-week high of $346.32 (current price $327.63 is -5.4% from that peak). Pittard's cross-ticker track record shows a 0.00% well-timed rate across 3 prior open-market sells with an average 90-day return of +24.0%, indicating his prior sales did not precede declines. At the same ticker (TT), all 3 prior sales in 2023-11-03 also returned positive 90-day results (each showing +24.0% or +24.1%), with none qualifying as well-timed. This transaction represents a modest reduction in a substantial executive position against a backdrop of elevated valuation (P/E 31.84) and strong recent fundamentals (revenue $5.3B, net income $755.3M, annual growth +10.5%).