CEO Richard B. Handler sells 400,000 shares of JEF at $72.26, down 2.6% of holdings; stock near 52-week high.
Handler sold 400,000 shares at $72.26 on 2024-11-06, at a price that matches the 52-week high of $72.06 (within normal trading spread). The sale reduced his holdings from 15,371,288 shares to 14,971,288 shares. The stock has appreciated 13.9% over the prior 30 days and 30.3% over 90 days, suggesting the sale occurred after a substantial rally. Handler's sole prior JEF sale on 2024-04-24 was poorly timed: that position subsequently returned +28.3% over 90 days, indicating the stock continued climbing after his sale. His cross-ticker track record shows 1 prior sell with a 90-day well-timed rate of 0.00%, meaning his sells have historically not preceded declines.