Director Todd Teske sold 2,000 shares of LII at $574.05 on 2024-08-19, reducing holdings by 19.2%
Todd Teske, a director of Lennox International, sold 2,000 shares at $574.05 on 2024-08-19 for $1,148,100.00, reducing his holdings from 10,411 to 8,411 shares—a 19.2% reduction in his position. The sale occurred near the 52-week high of $585.00 (just 2.1% below), during a period of strong upward momentum with the stock up 3.1% over 30 days and 14.9% over 90 days. This timing aligns with the elevated valuation context: the company trades at a P/E of 31.65 with solid fundamentals including $1.5B quarterly revenue and net income of $245.9M, but the recent gain combined with proximity to 52-week highs may have motivated the liquidation of a portion of his stake.