Robert Hagedorn (10% owner) sold 108,550 shares of SMG for $8,100,353.86 on 2024-12-09, reducing stake to 13.44M shares.
Robert Hagedorn, a 10% shareholder of Scotts Miracle-Gro, executed 2 separate sales totaling 108,550 shares for $8,100,353.86 at an average price of $74.62 per share. The sale reduces his holdings from 13.55M shares to 13.44M shares, representing a 0.8% reduction in his position. Against current market conditions showing the stock down 21.3% from its 52-week high of $93.47, Hagedorn's sale occurred in a period of recent relative weakness despite a positive 90-day return (+10.7%). The company's recent fundamentals show positive revenue of $1.2B last quarter with net income of $132.1M, though the full-year fiscal performance was unprofitable, which provides context for the current market discount.