Flagging a $5.9M sale from Dean Swanberg at Zedcor (ZDC), which is one of very few from him and the largest on record by a mile. It follows a near 10x run since the start of 2023, with revenue doubling and margins expanding…

… thanks to a rapid acceleration in solar-powered surveillance tower deployments.

While there’s been some serious fundamental improvement in the business, much of ZDC’s run has been powered by multiple expansion…

… and with security names running hot, it could prove an opportune time to take some chips off the table.