Yorktown XI Associates LLC

10% owner Yorkton XI Associates sells 216,154 shares (216.2K) for $1.8M across 6 trades at blended $8.22, stock down 49.8% from 52-week high.

Yorktown XI Associates LLC, a 10% owner, executed 6 separate sales totaling 216,154 shares for $1,776,897.66 across three days (March 25–27, 2025) at prices ranging from $7.11 to $8.67, reducing holdings by 17.6% to 1,011,736 shares. The stock is trading at $8.38, down 49.8% from a 52-week high of $16.69 and down 12.5% over 30 days—placing this sale in a context of sustained price deterioration. The company reports negative net income (-$239.0K) on revenue of $167.4M and a P/E of 76.18, suggesting valuation stress. While Yorktown's cross-ticker track record shows a 14.29% well-timed sell rate historically, this is the fifth consecutive sell at METC within a week (March 20–24 prior, now March 25–27), with no measurable post-trade outcomes yet at this ticker to assess execution quality. The pattern of rapid, repeated liquidation by a major shareholder during a sharp price decline warrants investor scrutiny of both the seller's confidence and any material events driving the move.

10% owner Yorktown XI Associates LLC sold 254,547 shares (~19.5% of holdings) at $8.77–$8.91 for $2.2M

Yorktown XI Associates LLC executed 6 separate sales totaling 254,547 shares for $2,231,316.69 over a three-day period (March 20–24, 2025), reducing its stake from 1,306,951 to 1,052,404 shares (-19.5%). The blended average price of $8.77 compares to a current price of $8.89 and sits 46.8% below the 52-week high of $16.70, suggesting the disposition occurred during a period of significant stock weakness. At the same-ticker level, Yorktown's prior 5 sales at METC (all in December 2023) generated positive 90-day returns averaging 15.5%, indicating those earlier trades were not well-timed by the sell-timing criterion (stock rose after disposal). The company's current-quarter net income is negative at $-239,000.00 on revenue of $167,411,000.00, and annual revenue contracted 3.9% year-over-year. This large, multi-transaction disposal by a significant shareholder during a period of financial underperformance and depressed valuation merits monitoring of whether further reductions follow or if this marks a stabilization point.