Kenneth Moelis, Chairman, CEO at Moelis & Co (MC), sold 110,812 shares at $42.06 ($4.7M) on 2023-02-22, disclosed to the SEC on 2023-02-24.
Seasonal sale ($4.7M) 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 | $42.06 | 19,798 | $833K | 17.9% |
| 2 | $42.06 | 45,507 | $1.9M | 41.1% |
| 3 | $42.06 | 45,507 | $1.9M | 41.1% |
| Total | $42.06 avg | 110,812 | $4.7M | 100% |
| Filing → |
| MC | SELL | 2024-05-10 | $6.2M | — | Filing → |
| MC | SELL | 2024-03-01 | $4.3M | — | Filing → |
| MC | SELL | 2024-02-23 | $13.5M | — | Filing → |