Massive Stock Sell-Off by Major Legence Corp. Shareholders!

New insider activity at Legence Corp. Class A ( (LGN) ) has taken place on December 16, 2025.Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential In a notable transaction, significant shareholders Blackstone EMA III L.L.C. and Legence Parent ML LLC have each sold 8,402,178 shares of Legence Corp. Class A stock. The combined sales from these two transactions amounted to a substantial $756,196,020. Recent Updates on LGN stock In the last 24 hours, Legence Corp. Class A has seen significant developments impacting its stock. The company increased its share offering size to 8.4 million shares, priced below the last closing price, with Goldman Sachs and Jefferies as joint book running managers. This move is likely aimed at raising capital, which could influence stock valuation. Additionally, Legence’s affiliates secured a $650 million loan, pledging significant shares as collateral, which underscores the company’s strategic financial maneuvers. Analysts have maintained a positive outlook on Legence, with a Buy rating and price targets reflecting confidence in the company’s growth potential driven by strategic expansion, vertical integration, and its positioning in AI and energy solutions sectors. The appointment of David Coghlan to the board is expected to enhance governance and strategic direction, further supporting the company’s growth narrative. More about Legence Corp. Class A YTD Price Performance: 33.90% Average Trading Volume: 975,065