CEO William Wei Wang sold 111,114 shares of VZIO at $10.63 on 2024-06-21, reducing stake by -4.6% to 2,281,144 shares post-sale.
William Wei Wang, CEO of Vizio Holding Corp., sold 111,114 shares at $10.63 on 2024-06-21, representing a -4.6% reduction from his prior holding of 2,392,258 shares. The sale occurred when the stock was -4.6% from its 52-week high of $11.18 and just 0.3% below the current price of $10.66, suggesting the transaction was executed near recent market levels. This was the CEO's second open-market sale at VZIO in less than a month, following a May 22, 2024 sale, though the company's fundamentals show headwinds: annual revenue declined -9.8% year-over-year, the latest quarterly revenue was $353,900,000.00, and net income was negative at $-12,100,000.00. While the historical context of his cross-ticker sales shows an average 30-day return of +0.8%, timing success on this specific ticker cannot yet be assessed from the single prior measurable trade.