Reed Cory J

Reed Cory J (Pres Life Sol) sells 12,000 DE shares at $510.00 ($6.1M); holdings drop 36.6% to 20.8K shares

Reed Cory J sold 12,000 shares (36.6% of pre-transaction holdings) at $510.00 on 2026-01-14 for $6,120,000.00, leaving 20,792 shares post-transaction. This represents a material reduction in his equity stake. The transaction occurred near recent highs—the current price of $515.04 is 3.1% below the 52-week high of $531.48—and follows a strong 30-day rally of 6.1% and 90-day gain of 12.3%. Across his prior two open-market sales historically, his cross-ticker track record shows an average 90-day return of -4.8% with a 50.00% well-timed rate, though his same-ticker history at DE is mixed (prior 2024 sale showed +7.5% at 90 days, while the 2023 sale showed -17.0%). The company faces significant headwinds: annual revenue growth stands at -11.7% year-over-year and the P/E of 44.44 remains elevated despite recent valuation pressure.

Reed Cory J sold 13,370 shares of DE at $377.63 (5/24/24) for $5.0M; cross-ticker track record shows 100% well-timed selling pattern.

Reed Cory J, President of Agriculture & Turf and Precision Agriculture divisions, sold 13,370 shares for $5,048,913.10 on 2024-06-24, reducing holdings by 24.3% to 41,642 shares. The sale occurred at $377.63, notably 17.2% above the current price of $369.47, suggesting the insider executed at a significantly higher valuation. Across all prior open-market transactions, this insider has demonstrated a 100.00% well-timed rate on sells, with a cross-ticker average 90-day return of -17.0%, indicating a consistent pattern of selling before subsequent stock declines. At DE specifically, the prior 2023 sale exhibited the same negative 90-day return (-17.0%), reinforcing tick-specific predictive value of this insider's sell timing. Deere's current valuation remains attractive (P/E 10.75, +16.5% annual revenue growth, $2.4B net income on $15.2B quarterly revenue), but the convergence of a large position reduction by an experienced executive with strong historical sell-timing accuracy merits investor attention.