Alexander F. Stern, President at Lazard Ltd (LAZ), sold 178,301 shares at $37.95 ($6.6M) on 2020-03-03, disclosed to the SEC on 2020-03-03.
Seasonal sale ($6.6M) by President — this insider has traded LAZ in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $35.82 | 78,301 | $2.8M | 42.5% |
| 2 | $37.95 | 50,000 | $1.9M | 28.8% |
| 3 | $37.95 | 50,000 | $1.9M | 28.8% |
| Total | $37.01 avg | 178,301 | $6.6M | 100% |
| Filing → |
| LAZ | SELL | 2021-08-24 | $4.1M | — | Filing → |
| LAZ | SELL | 2021-03-03 | $1.9M | — | Filing → |
| LAZ | SELL | 2020-08-20 | $8.0M | — | Filing → |