CMG CLO Roger Theodoredis sold 113,875 shares ($5.7M) on 6/2 at $49.70, cutting holdings by 50.9%; his 5 prior CMG sales were all well-timed with avg 90d return -98.4%
Roger Theodoredis, Chief Legal Officer, divested half his CMG stake (113,875 shares / $5.7M) at $49.70 on June 2, 2025. His historical execution at this ticker is striking: all 5 prior sales at CMG achieved negative 90-day returns averaging -98.4%, meaning stock prices fell substantially after each sale. His cross-ticker track record shows a 100.00% well-timed rate on 5 prior sells with avg 90d return -97.9%, indicating consistent timing discipline across holdings. This largest-ever CMG divestment by Theodoredis—reducing his position from 223.7K to 109.8K shares—comes as the stock trades 23.9% below its 52-week high despite strong fundamentals (P/E 44.97, +14.6% revenue growth, $386.6M net income). The pattern and scale warrant attention: an executive with a documented history of exiting before declines is now taking half his CMG position off the table at a valuation that remains elevated relative to recent trading range.