Steinmeier Richard

CEO Steinmeier sold 5,058 shares for $1,876,482.11 across 6 transactions on 2025-12-05; 4 of 5 prior LPLA sales were well-timed.

Richard Steinmeier, Chief Executive Officer, executed 6 separate sales totaling 5,058 shares for $1,876,482.11 on 2025-12-05, reducing holdings by 23.1% from 21,870 to 16,812 shares. The blended average price across the transactions was $370.99, just below the current price of $374.71 and within the 52-week range ($283.31–$399.00). His prior sales history at LPLA is notably strong: 4 of 5 prior sells at this ticker were well-timed at the 90-day mark, suggesting a pattern of selling before subsequent declines. The scale of this divestiture—selling nearly a quarter of his holdings in a single day—combined with his demonstrated timing accuracy on this ticker merits investor attention, particularly given the company's elevated valuation (P/E: 36.00) and recent net loss of $-29,517,000.00 despite strong revenue growth of 23.2%.

CEO Steinmeier sells 3,500 LPLA shares at $373.79; stock up 8.3% in 30d, 16.1% in 90d

CEO Richard Steinmeier sold 3,500 shares of LPL Financial (LPLA) at $373.79 on 2025-02-18, reducing his holdings by 14.1% from 24,896 to 21,396 shares. The stock has appreciated significantly since the sale: +8.3% over the past 30 days and +16.1% over 90 days, placing the current price of $379.46 near the 52-week high of $383.33. Steinmeier's cross-ticker track record shows 4 prior sales with a 100.00% well-timed rate at the 90-day mark (sales preceded declines), though at LPLA specifically, all 4 prior sales in 2023 were similarly well-timed, with negative 90-day returns ranging from -5.8% to -6.9%. This current sale occurs as the company demonstrates strong fundamentals: $3.1B in latest-quarter revenue with 23.2% annual growth and net income of $255.3M, though the P/E of 28.36 reflects a premium valuation relative to historical norms.