CEO Meester Simon sold 9,877 shares (9.9K) of TEX at $51.14; retains 127,858 shares post-sale
Meester Simon, President and CEO, sold 9.9K shares at $51.14 on 2024-12-11, reducing his holdings by 7.2% from 137,735 to 127,858 shares. The transaction occurred at a price $1.59 above the current market price of $49.55, and approximately 23.5% above the 52-week low of $49.55. This sale takes place in the context of a company with strong recent fundamentals—annual revenue growth of +16.6%, a P/E ratio of 7.14, and net income of $88.0M on quarterly revenue of $1.2B. The stock is currently -25.8% from its 52-week high and down -4.0% over the past 30 days, suggesting near-term weakness. The CEO retains a substantial position of 127,858 shares post-transaction, indicating continued material exposure to company performance.