Ride Scott sells 72,523 shares of HLMN at $10.66; halves holdings to 70,369 shares amid weak fundamentals.
Ride Scott, President of Hillman Canada, sold 72,523 shares (72.5K shares) on 2024-11-18 at $10.66, reducing his position by -50.8% to 70,369 shares (70.4K shares). The transaction value was $773,457.80 ($773.5K). Across Scott's prior open-market trades, the 90-day well-timed rate stands at 100.00%, and his prior sale at this ticker on 2024-02-26 posted a -0.5% 90-day return, indicating the stock declined after that earlier sale. Hillman's fundamentals present headwinds: the company reported an annual revenue decline of -0.7%, carried negative full-year net income despite $393,296,000.00 ($393.3M) latest-quarter revenue, and trades at an elevated P/E of 270.50. The current stock price of $10.82 sits -4.2% from its 52-week high, trading near the transaction price. This sale follows a pattern established in Scott's prior sell, though the elimination of half his holdings suggests a material reduction in executive exposure to the company.