FNF Chief Legal Officer Peter Sadowski sold 69,196 shares at $45.70 for $3.2M, cutting his directly held shares by 92.4% — from 74,898 to just 5,702 — with the transaction priced just 2.2% above the 90-day low of $44.71. This matters because it clusters with a director's $4.0M sale the prior day (72% direct-stake reduction), creating a two-insider liquidation pattern totaling roughly $7.2M in combined selling near a multi-month low — a rare and bearish alignment when insiders with deep institutional knowledge exit aggressively at weak prices rather than waiting for recovery. Bull case: stock holds above $44.71 support and analyst BUY consensus proves correct, targeting a retest of the $52.37 90-day high; bear case: a break below $44.71 with continued insider selling confirms distribution and opens downside toward the mid-$40s.

Where it could go — Broad base rate 41.7% positive at 90d for similar signals; bull holds $44.71, bear breaks below that level.

Director Dhanidina Halim sold $4.0M in FNF shares, reducing their directly held stake by 72.4% at a price of $418.25. This sale is significant in size but fits a pattern of regular sales by this director, with no other insiders buying to offset the signal.

Where it could go — Analyst mean target data unavailable; bear case if stock breaks the 90-day low of $43.93.