Friday, September 22, 2017 10:15 PM ET
Insider Selling at Silicon Laboratories (SLAB) Continues with Significant Sale
One insider — George Tyson Tuttle, Director and Officer — today, sold 13,594 shares of Silicon Laboratories having a market value of approximately $1,088,472, as disclosed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 34,906 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 48,500 shares and have averaged 9,700 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Silicon Laboratories is above its 78-company peer group average. The Semiconductors peer group saw 167 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares traded per transaction by Silicon Laboratories insiders is lower than its peers. Within the peer group there were 190,430 shares purchased and 50,914,468 shares sold with company insiders disposing of 303,737 shares on average over this time period.
To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data used to create and write this story.
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