CLO/Secretary VanWagner sells 9,504 shares across 2 transactions for $786,406.92; remains 93.6K shares post-sale
VanWagner executed two separate sales totaling 9,504 shares for $786,406.92 at prices of $90.00 and $80.11 on consecutive trading days (November 13–15, 2024), reducing his shareholding by 9.2% from 103.1K to 93.6K shares. The company trades at $78.97 currently, below the blended average sale price of $82.74 and significantly below the 52-week high of $100.14 (down 21.1% from peak), indicating the sales occurred during a period of elevated valuation relative to current levels. MoneyLion posted $135.5M quarterly revenue with +24.3% annual growth but remains unprofitable ($-2.8M net income in the latest quarter, negative for the full fiscal year), and the elevated P/E of 272.31 reflects a company where near-term profitability is absent despite strong revenue momentum. The timing of these sales—following a 64.0% surge over 30 days and 76.6% surge over 90 days—corresponds with a period of significant stock appreciation.