high
Sell
26,105,840 shares
$1,070,339,440
Significance
7/10
TC Group Cayman sells 26,105,840 MDLN shares for $1.07B at $41.00; stake reduced to 125.45M shares (-17.2%)
TC Group Cayman, a 10% owner, executed a $1,070,339,440 sale of 26,105,840 shares on 2026-03-10 at $41.00, reducing its stake from 151,560,081 to 125,454,241 shares. The transaction represents a substantial 17.2% reduction in holdings and occurred at a price $0.07 below the current market price of $41.07 and 17.8% below the 52-week high of $49.99. Despite the large share disposition, the company's fundamentals show resilience with annual revenue growth of 11.5%, suggesting the sale was driven by portfolio allocation rather than operational distress.