Stephen M Bloch

Director Stephen M Bloch sold 100,000 shares (100.0K shares) of LQDA for $7,573,703.95 on 2026-06-22, reducing stake by 10.2%

Stephen M Bloch, a Director at Liquidia Corp, executed two separate sales totaling 100,000 (100.0K shares) for $7,573,703.95 ($7.6M) on 2026-06-22, leaving him with 880,073 shares (880.1K shares) post-transaction. This sale reduced his holdings by 10.2% and occurred at a blended average price of $75.74, near the current price of $75.54 and within 2.0% of the 52-week high of $77.09. The timing is notable: the stock has appreciated 23.9% over 30 days and 105.4% over 90 days, suggesting the sale occurred after substantial recent gains. Bloch has a track record of 20 prior sells across all tickers, and this represents the fifth distinct trade at LQDA within a 12-day window (2026-06-11 through 2026-06-22), all sales with no yet-measurable outcomes. The company shows strong recent revenue of $132,865,000.00 and net income of $52,862,000.00, but carries a notably elevated P/E of 302.16 and was unprofitable on a full-year basis despite +1031.2% annual revenue growth, suggesting significant valuation and profitability tensions that merit investor scrutiny of the transaction pattern.

Director Bloch sells 196,111 shares at avg $71.45 for $14.0M; holds 980,073 post-sale

Stephen M Bloch, a Director at Liquidia Corp, executed 4 separate sales totaling 196,111 shares for $14,012,579.79 at a blended average price of $71.45 on June 12 and 15, 2026. The sale reduced his holdings from 1,176,184 shares to 980,073 shares, a 16.7% reduction in position size. The transaction occurred near the 52-week high of $73.22 and well above the current price of $68.01, suggesting the shares were sold at elevated valuations relative to recent market levels. The company's fundamentals show strong recent quarterly revenue of $132,865,000.00 and net income of $52,862,000.00, though the P/E of 272.04 and full-year unprofitability raise questions about valuation sustainability; Bloch's sale timing at such elevated levels may warrant investor attention given the significant position reduction and the company's high multiples.

Director Stephen M Bloch sold 388,223 shares of LQDA for $26.6M across 10 transactions on 2026-06-10/11, reducing holdings 24.8%.

Stephen M Bloch, a director at Liquidia Corp, executed 10 separate sales totaling 388,223 shares for $26,634,788.97 at a blended average price of $68.61 across June 10–11, 2026, reducing his holdings by 24.8% from 1,564,407 to 1,176,184 shares. The stock closed at $71.23 post-transaction, and over the last 30 days LQDA has risen 23.7% while the 90-day change stands at 94.3%, placing the current price 2.0% below its 52-week high of $72.70. Notably, Bloch's prior five trades at LQDA (all sells on 2026-05-11) each showed positive returns over 30 and 90 days post-execution (ranging from 16.1% to 25.1%), with none achieving negative returns that would characterize them as well-timed for a seller. Bloch's cross-ticker track record across 10 prior open-market sells shows an average 90-day return of 40.8% and a 0.00% well-timed rate—all of his prior sells have been followed by stock appreciation rather than the declines that would signal foresight. The fundamentals show revenue growth of 1031.2% year-over-year with a trailing P/E of 284.92 and a market cap of $6.3B, but the company was unprofitable over its most recent full fiscal year despite positive net income of $52.9M in the latest quarter, reflecting volatile or irregular earnings patterns that warrant scrutiny of valuation stability.

Director Stephen M Bloch sold 220,835 shares at $64.64 avg for $14.3M at LQDA; stock up 22.8% in 30d, 73.6% in 90d.

Stephen M Bloch executed 5 separate sales totaling 220,835 shares for $14,273,682.67 on June 8–9, 2026, reducing his holdings by 12.4%. The sales occurred at a blended average price of $64.49–$66.19, and the stock has since appreciated 22.8% over the prior 30 days and 73.6% over the prior 90 days. His prior 5 trades at this ticker (all on 2026-05-11) generated positive 90-day returns of 16.1%, 25.1%, 23.4%, 20.5%, and 18.1%, with a 0 of 5 well-timed rate at the 90-day mark, indicating the stock has consistently risen after his recent sales. The current price of $65.25 is -2.3% from the 52-week high of $66.78, while the company trades at a P/E of 261.00 despite reporting a negative full-year net income.

Director Stephen M Bloch sold 84,800 shares at $64.95 avg for $5.5M on 2026-06-04/05; stock now $63.90, down 3.5% from 52-week high.

Stephen M Bloch (Director) executed 4 separate sales totaling 84,800 shares for $5,507,781.73 at prices ranging from $64.14 to $66.08 on 2026-06-04 and 2026-06-05, reducing his holdings from 1,870,042 to 1,785,242 shares (net -4.5%). The timing is notable given stock momentum: the 30-day return is +51.1% and 90-day return is +64.6%, suggesting he sold into significant recent strength. His prior 5 trades at LQDA (all May 11 sales) subsequently experienced positive 90-day returns ranging from +16.1% to +25.1%, indicating his recent sales at this ticker have been poorly timed. The company shows mixed fundamentals—recent quarterly revenue is $132,865,000 with net income of $52,862,000, yet annual revenue growth reached +1031.2% and the full fiscal year ended unprofitable, with an extreme P/E of 255.60. The large dollar volume and the pattern of selling after a strong 64.6% 90-day rally warrant attention to whether this reflects portfolio reallocation or changed conviction about valuation.

Director Bloch sells 318,893 shares worth $16M across six tranches; all prior exits poorly timed as stock rallied after each sale.

Director Stephen Bloch executed his tenth open-market sale in the past three years on this stock, liquidating nearly 319,000 shares in six separate transactions for a combined value of over $16 million. This is part of an established pattern: Bloch has never purchased shares on the open market, only sold—and every previous exit at this ticker has been poorly timed, with the stock rising noticeably in the months following each prior sale. The current sale occurs as the stock trades near its 52-week high, having climbed sharply over the past three months, which makes the timing particularly notable given his track record of selling into strength rather than weakness. Liquidia itself presents a mixed picture: the company posted dramatic year-over-year revenue growth and returned to profitability in the latest quarter, but annual results show significant losses and the valuation appears stretched. Bloch's repeated dispositions, combined with his poor historical timing at this specific company, suggest either a personal liquidity need unrelated to company fundamentals or a director who has consistently misjudged the company's momentum—neither scenario is reassuring for holders who might otherwise be encouraged by the recent operational turnaround.

Director Bloch sold 70,234 shares (70.2K) across 4 transactions for $2,533,765.62 at blended avg $36.08/share

Bloch Stephen M, a Director at Liquidia Corp, executed 4 separate sales totaling 70,234 shares for $2,533,765.62 on March 26–27, 2026, at a blended average price of $36.08/share. These sales reduced his holdings by -3.1% to 2,188,935 shares. The transaction prices ranged from $35.42 to $37.22, while the current market price stands at $35.18—indicating the sales occurred near recent price levels. Liquidia reported revenue of $54,342,000.00 in the latest quarter and remains unprofitable with net income of $-3,533,000.00, despite strong annual revenue growth of +1031.2%. The stock is currently -24.6% from its 52-week high of $46.63 and has risen +13.4% over 30 days and +2.2% over 90 days.