Schuessler Morgan M

EVTC CEO Schuessler sells 80,000 shares at $37.45; 4 prior EVTC sales all well-timed at 90-day mark

Schuessler Morgan M sold 80,000 shares (22.1% reduction of prior holdings) at $37.45, with current price at $37.25. His prior sales at EVTC show a consistent 90-day timing pattern: all 4 prior transactions at this ticker were well-timed, with negative 90-day returns of -1.1%, -6.4%, -10.1%, -9.9%, and -11.6%, indicating the stock declined after each sale. This sale at near 52-week-high levels ($37.45 vs 52-week high $39.90, only -6.6% below peak) represents another potential data point in this pattern. The 30-day return post-transaction is +13.6%, but the historical pattern suggests observation of 90-day outcomes may be more instructive given his EVTC-specific track record.

CEO Morgan M Schuessler sold 16.3K EVTC shares at $35.52; stock now $34.64, -17.9% from 52-week high.

Morgan M Schuessler, EVERTEC's President & CEO, sold 16,325 shares at $35.52 on November 13, 2024, reducing his holdings by 5.7% to 272,102 shares. The sale occurred near the upper end of recent price movement—the stock currently trades at $34.64, down 17.9% from its 52-week high of $42.21, suggesting the insider sold into strength before a material pullback. His prior trades at EVTC show a consistent pattern: all 3 prior sells at this ticker posted negative 90-day returns (ranging from -9.9% to -11.6%), indicating a 100% well-timed selling record at this specific ticker. The company's fundamentals remain solid with revenue of $211.8M, net income of $24.7M, and 12.3% annual growth, though the elevated P/E of 26.24 relative to market conditions may have influenced the timing of this sale by management.