Susan M. Byrne, holding the title of Director Emerita at Westwood Holdings Group Inc. (NASDAQ:WHG), has completed a sequence of stock sales totaling approximately $164,877. The divestiture involved 8,465 shares of the company's common stock, executed across three distinct dates within the April to July 2026 timeframe. The weighted average prices for these transactions ranged from $16.1273 to $19.8762 per share. All of these sales were carried out in strict accordance with a Rule 10b5-1 trading plan that Ms. Byrne established on April 1, 2026.
The initial transaction took place on April 7, 2026, when Ms. Byrne sold 400 shares. The weighted average price for this specific sale was $16.1273 per share, with individual transactions occurring at prices between $16.04 and $16.36. Although this sale was also executed under a 10b5-1 plan, it was identified during a later reconciliation with her broker. Consequently, it was reported later than required due to an administrative oversight. Following this April transaction, Ms. Byrne's direct holdings in WHG stood at 238,509 shares.
Subsequent activity occurred on July 1, 2026, when Ms. Byrne disposed of 3,584 shares at a weighted average price of $19.353 per share. These shares were sold in multiple transactions, with prices ranging from $19.07 to $19.72. This transaction reduced her direct ownership to 234,925 shares. The final reported sale occurred on July 2, 2026, involving 4,481 shares. The weighted average price for this transaction was $19.8762 per share, with individual sales ranging from $19.00 to $20.19. After this series of transactions, Ms. Byrne's direct ownership in Westwood Holdings Group Inc. stands at 230,444 shares.
These sales come as WHG stock trades near its 52-week high of $20.97, with shares currently priced at $20.34. The stock has delivered a 31% return over the past year. However, InvestingPro analysis suggests the stock may be overvalued at current levels relative to its Fair Value estimate, placing it among companies on the Most Overvalued list. Investors seeking deeper insights can access WHG's comprehensive Pro Research Report, one of 1,400+ available on InvestingPro.
In other recent news, Westwood Holdings Group Inc. released its financial results for the first quarter of 2026, showing a mixed performance. The company reported earnings per share of $0.09, which met market expectations. Revenue came in at $25 million, slightly surpassing the forecast of $24.97 million. Despite these figures, the company experienced higher compensation costs, impacting its overall financial standing. No updates regarding mergers or acquisitions were mentioned in the recent developments. Analyst reactions to these results have not led to any notable upgrades or downgrades from major firms. Investors will be watching how Westwood Holdings manages its expenses in the upcoming quarters.
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