Brian Rusignuolo Sells Shares in SEM
Brian Rusignuolo, EVP at SEM, sold 361,370 shares on June 30, 2026.
Key Points
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Brian Rusignuolo, the Executive Vice President at SEM, sold 361,370 shares of the company on June 30, 2026. This transaction was not part of a pre-arranged trading plan. Shares of SEM traded at $16.51 on Wednesday.
Other Institutional Activity in SEM
BlackRock, Inc. reduced its holdings in SEM by 1,440,407 shares, ending with 17,263,327 shares valued at approximately $281.2 million, marking a 7.7% decrease. Vanguard Portfolio Management LLC opened a new position in SEM with 6,723,557 shares worth about $109.5 million. Dimensional Fund Advisors LP increased its stake by 202,736 shares, bringing its total to 5,536,331 shares valued at $90.2 million, reflecting a 3.8% increase. FIL Ltd also initiated a new position with 4,960,732 shares valued at around $80.8 million. State Street Corp slightly trimmed its position by 77,235 shares, holding 4,319,877 shares worth approximately $70.4 million, a 1.8% decrease.
Insider Buying and Selling at SEM
Several insiders at SEM were active on June 30, 2026. Marilyn Tavenner sold 36,035 shares at $16.50 each. John Saich, President, sold 736,412 shares, and James Ely III sold 161,674 shares at the same price. John Duggan, another Executive Vice President, offloaded 194,710 shares, while David Chernow, Vice Chairman, sold 656,823 shares at $16.50. Christopher Weigl, Senior Vice President, sold 40,000 shares.
Analysts Set New Price Targets
On May 13, 2026, Mizuho downgraded SEM to a hold rating with a price target of $16.50. Earlier, on March 3, 2026, RBC Capital also downgraded the stock to hold with the same target price. Despite these downgrades, RBC Capital had maintained a buy rating with higher targets in previous months.
Bottom Line
The recent insider selling at SEM, including significant transactions by top executives, comes alongside institutional shifts in shareholding. BlackRock reduced its position, while Vanguard initiated a new stake, indicating varied institutional sentiment. Analyst downgrades to a hold rating suggest cautious outlooks, though previous buy ratings reflect a more optimistic perspective at earlier dates. Investors will watch how these changes play out in SEM's market performance.
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