Roberts David B

LMAT President Roberts David B sold 8,464 shares at $106.80; reduces stake to 17,979 shares (-32.0%)

Roberts David B, President and Director, sold 8,464 shares of LMAT at $106.80 for $903,957.74, reducing his holdings by 32.0% from 26,443 to 17,979 shares. The sale occurred near the stock's recent high of $113.69, with the current price at $107.40, placing the transaction only 5.5% below the 52-week peak and following a 26.4% gain over the preceding 30 days. His prior four sales at this ticker occurred on the same date cluster in August 2025, three of which showed negative 90-day returns—indicating a pattern of well-timed exits at LMAT. LMAT's fundamentals show strong recent performance: Revenue of $61.0M and net income of $17.4M in the latest quarter, with annual revenue growth of 13.5%, though the P/E of 36.53 reflects a premium valuation. The substantial reduction in his personal stake warrants monitoring of whether this reflects portfolio adjustments or broader confidence shifts in the company's forward trajectory.

President David Roberts sold 10,815 shares at blended avg $92.39 on 2025-08-11 ($999.2K); stock now $95.15

Roberts executed 3 separate sales on 2025-08-11 totaling 10,815 shares for $999,173.33, reducing his holdings by 37.6% from 28,791 to 17,976 shares. The sales occurred at prices ranging from $91.55 to $92.53 (blended average $92.39), while current price is $95.15, suggesting the timing was notably suboptimal—the stock has appreciated 2.8% since these transactions. His prior 5 sales at LMAT show mixed outcomes: 4 of 5 generated positive 90-day returns (ranging +1.3% to +4.4%), with only 1 of 5 classified as well-timed; this suggests his historical execution at this ticker has generally lagged subsequent price action. The company shows solid fundamentals (FY revenue growth +13.6%, P/E 45.75, $13.8M recent quarterly net income), though the stock trades 11.9% below its 52-week high despite recent 30-day and 90-day momentum of +13.2% and +14.2% respectively. The substantial reduction in his direct ownership stake warrants tracking whether this signals strategic repositioning or other considerations.