Arthur J. Gallagher President Gallagher sells 15,000 shares ($4.2M) at $282.96; stock up 5.6% in 30d
Thomas Joseph Gallagher, President of Arthur J. Gallagher & Co., sold 15,000 shares (15.0K shares) at $282.96 on 2024-08-08 for a total value of $4,244,400.00 ($4.2M), reducing his holdings from 344,099 shares to 329,099 shares. The transaction occurred near the 52-week high of $287.14, with the stock currently trading at -1.5% from that peak. At this insider's prior sale at AJG on 2024-02-08, the stock returned +5.9% in the subsequent 30 days and +3.1% over 90 days—a pattern of the stock rising after the sale, indicating imperfect timing relative to major downside moves. The stock has advanced 5.6% in the 30 days following this sale and 12.7% over 90 days, suggesting the market has continued its strength regardless of this insider's action.