LII CTO Bedapudi Prakash sold 965 shares at $618.00 on 2024-11-05; retains 16.2K shares. Stock -3.3% from 52-week high.
Bedapudi Prakash, EVP and Chief Technology Officer of Lennox International, sold 965 shares at $618.00 for $596,370.00, reducing his holdings by 5.6% to 16,162 shares. The transaction occurred near the stock's 52-week high of $625.62, with the current price at $604.78. At the same ticker, Prakash has executed 2 prior sales (on 2024-08-28 and 2024-08-19), both showing positive 30-day returns of 3.6% and 4.2% respectively, suggesting his prior sales at LII have been followed by near-term price appreciation. However, neither prior LII sale has yet reached the 90-day measurement window, so there is no measurable pattern of well-timed exits at this ticker. The company's fundamentals remain solid with FY revenue growth of +5.6%, net income of $239.0M, and a P/E of 28.58, indicating the sale occurs in a context of steady operational performance rather than distress signaling.