Kenneth Moelis, Chairman, CEO at Moelis & Co (MC), sold 256,954 shares at $52.60 ($13.5M) on 2024-02-21, disclosed to the SEC on 2024-02-23.
Seasonal sale ($13.5M) by Chairman, CEO — this insider has traded MC in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $52.60 | 0 | $49 | 0.0% |
| 2 | $52.60 | 128,277 | $6.7M | 49.9% |
| 3 | $52.60 | 128,277 | $6.7M | 49.9% |
| 4 | $55.00 | 400 | $22K | 0.2% |
| Total | $52.60 avg | 256,954 | $13.5M | 100% |
| Filing → |
| MC | SELL | 2024-05-10 | $6.2M | — | Filing → |
| MC | SELL | 2024-03-01 | $4.3M | — | Filing → |
| MC | SELL | 2023-11-13 | $5.7M | — | Filing → |