Kenneth Moelis, Chairman, CEO at Moelis & Co (MC), sold 114,204 shares at $53.98 ($6.2M) on 2024-05-09, disclosed to the SEC on 2024-05-10.
Seasonal sale ($6.2M) by Chairman, CEO — this insider has traded MC in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $53.98 | 40,000 | $2.2M | 35.0% |
| 2 | $54.11 | 37,102 | $2.0M | 32.5% |
| 3 | $54.11 | 37,102 | $2.0M | 32.5% |
| Total | $54.06 avg | 114,204 | $6.2M | 100% |
| Filing → |
| MC | SELL | 2024-03-01 | $4.3M | — | Filing → |
| MC | SELL | 2024-02-23 | $13.5M | — | Filing → |
| MC | SELL | 2023-11-13 | $5.7M | — | Filing → |