Director Wittmeyer sells 85,817 shares of AMRK for $3.8M across 3 transactions (Sep 19–20) at blended avg $43.91, trimming stake 22.7%
Wittmeyer, a director at A-Mark Precious Metals, executed 3 separate sales totaling 85,817 shares for $3,768,038.13 at an average price of $43.91 per share, reducing his post-transaction holdings from 378,352 shares to 292,535 shares. The current stock price of $42.87 is 8.6% below the 52-week high of $46.92, and the 30-day return of +14.1% shows recent momentum. Examining his same-ticker history at AMRK, his 2 prior measurable sales (May 2024) posted negative 90-day returns of -12.2% and -13.8%, indicating both prior sales preceded subsequent declines. However, those outcomes cannot be assumed predictive of this filing's timing since market conditions, company fundamentals, or personal circumstances may differ. The company's P/E of 14.43, annual revenue growth of +4.4%, and recent quarterly net income of $5,013,000.00 do not signal financial distress, so this sale does not appear driven by fundamental deterioration.