Kenneth Moelis, Chairman, CEO at Moelis & Co (MC), sold 123,974 shares at $54.76 ($6.8M) on 2021-02-16, disclosed to the SEC on 2021-02-18.
Seasonal sale ($6.8M) 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 | $54.76 | 38,662 | $2.1M | 31.1% |
| 2 | $54.76 | 38,662 | $2.1M | 31.1% |
| 3 | $55.11 | 23,325 | $1.3M | 18.9% |
| 4 | $55.11 | 23,325 | $1.3M | 18.9% |
| Total | $54.89 avg | 123,974 | $6.8M | 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 → |