Raman Singh

Director Raman Singh sold 29,494 shares ($1.8M) of LQDA at $60.13; holds 38,755 shares post-sale with 556 options remaining.

Raman Singh sold 29,494 shares (29.5K shares) of Liquidia at $60.13 on 2026-05-21 for $1,773,435.88 ($1.8M), reducing his non-derivative holdings by 43.2% to 38,755 shares (38.8K shares) while retaining 556 non-qualified stock options. The sale occurred near the 52-week high ($62.30, -3.5% from peak) following an explosive 30-day rally of +61.1% and 90-day surge of +100.3%, yet the stock's trailing P/E of 240.40 and recent full-year unprofitability signal fundamental volatility underlying the price appreciation. His prior sell at LQDA (2025-09-15) posted a +29.3% 90-day return, indicating he sold before a subsequent rise rather than before a decline—a 0% well-timed rate at this ticker. The current sale's timing against a revenue-growth story (+1031.2% annual increase, $132.9M latest quarter, $52.9M net income) paired with extreme valuation and modest remaining stakes warrants monitoring of whether this reflects confidence in retaining exposure through options or signals caution after the recent rally.

Director Raman sold 45,524 shares of LQDA at $25.81 ($1.2M), reducing stake 59.3%; company posts $-41.6M loss on $8.8M revenue

Raman, a director, executed a substantial sale that reduced his holdings by 59.3%, cutting his position from 76,779 shares to 31,255 shares. The sale occurred at $25.81 per share on 2025-09-15, while the company operates with severe unprofitability—net income of $-41.6M against quarterly revenue of $8.8M—and faces a 20.0% annual revenue decline. The stock is currently at $25.00, down 9.8% over 30 days despite an 83.3% gain over 90 days. This director's significant portfolio reduction occurs in a context where the company remains unprofitable and its recent top-line momentum has reversed, suggesting the sale reflects a meaningful rebalancing of insider exposure to operational headwinds.