JACOBSEN RENE

ABM Industries EVP Jacobsen sells 31,034 shares at $44.12; reduces stake -37.5% to 51.7K shares

Rene Jacobsen, EVP & Chief Operating Officer, sold 31,034 shares at $44.12 on 2026-01-13, reducing his holdings by 37.5% from 82,748 to 51,714 shares. At ABM, his prior five trades show 3 of 5 prior sells were well-timed at the 90-day mark, with recent sales in 2025 experiencing declines (-1.3%, -1.9%, and -0.6% at 30 days), though two 2024 sales occurred before gains (+2.1% and +3.2% respectively). The stock trades at $45.04, down 1.5% over 30 days and 17.6% below its 52-week high, suggesting elevated selling pressure and an overall weakening trend. ABM's fundamentals remain solid with $2.2B in revenue and a P/E of 13.77, but the magnitude of this stake reduction by a senior operating executive warrants attention to whether this reflects routine portfolio management or signals evolving confidence in the company's near-term outlook.

ABM Industries EVP Jacobsen sells 17.2K shares at $48.03; reduces stake by 19.5% to 71.3K shares held

RENE JACOBSEN, EVP & Chief Operating Officer, executed a substantial sale of 17,250 shares (17.2K shares) at $48.03 on 2025-07-07, reducing his holdings from 88.5K shares to 71.3K shares—a 19.5% reduction. The transaction occurred at a price 1.7% below the current market price of $48.87 and 18.1% below the 52-week high of $58.61. His cross-ticker track record shows 4 prior sells with an average 90-day return of -1.7% and a 50% well-timed rate; at ABM specifically, he has completed 4 prior sales with mixed timing (2 of 4 well-timed at the 90-day mark). The sale's magnitude—nearly one-fifth of his pre-transaction position—represents a material reduction in his direct equity stake in the company where he serves as operating officer. With ABM trading at a P/E of 38.48 against modest annual revenue growth of 3.2%, investors should monitor whether this stake reduction signals shifting capital allocation priorities or simply reflects diversification by a senior operational executive.

ABM COO Jacobsen sells 10,000 shares in 2 tranches for $528.4K; holds 87.8K shares post-sale.

Rene Jacobsen, EVP & Chief Operating Officer, executed 2 separate sales on 2025-02-03 totaling 10,000 shares (10.0K shares) for $528,369.32, reducing his holdings by 10.2% to 87.8K shares. The transactions occurred at blended average price of $52.84, compared to current price of $53.90 and a 52-week range of $39.83–$58.61. His prior trades at ABM (2 sells in July 2024) showed positive 90-day returns of +2.1% and +3.2%, indicating the stock rose after those sales—a pattern of poorly-timed exits relative to subsequent stock appreciation. The current sale at $52.84 sits 9.5% below the 52-week high, and the 30-day momentum is +6.9% while 90-day momentum is -5.3%, leaving the directional signal ambiguous at this stage.

ABM EVP/COO Jacobsen sells 40,000 shares for $2.1M on 2024-07-15 at blended average $51.67; retains 72.1K shares.

Rene Jacobsen, EVP & Chief Operating Officer of ABM Industries, executed 2 separate sales on July 15, 2024, totaling 40,000 shares for $2,066,880.92. This represents a reduction of 35.7% of his pre-transaction holdings (from 112.1K to 72.1K shares), a material decrease in personal stake. The sales occurred at a blended average price of $51.67, near the current price of $52.93 (at the 52-week high), and the stock has appreciated 7.6% over the prior 30 days and 21.3% over 90 days. At a forward-looking P/E of 13.33, ABM is relatively fairly valued on current fundamentals. The substantial size and proportion of the reduction warrant investor attention to understand the underlying motive.