CMO Jane Prior sold 50,000 shares (28.2% of holdings) at blended $52.92 on March 5, 2026
Prior sold 50,000 shares in 3 separate transactions totaling $2,645,922.19 at prices ranging from $52.73 to $54.08, reducing her stake from 177,399 to 127,399 shares. The sale occurred as the stock trades near the 52-week high of $58.96 (currently at $52.74, down 10.6% from that peak over 30 days). Her same-ticker history shows mixed timing results: 3 of 5 prior COCO sells were well-timed at the 90-day mark, but the most recent two sales in November 2024 coincided with subsequent gains of +4.6% and +10.7% at 30 days, suggesting those were poorly timed. The company's fundamentals remain solid with $182.3M in quarterly revenue, 18.2% annual growth, and $24.0M net income, though the elevated P/E of 35.64 reflects high valuation expectations.