Maxim Integrated Products (MXIM) sees Significant Insider Sales Extending the Trend of Last Quarter

Thursday, November 02, 2017 10:15 PM ET

Maxim Integrated Products (MXIM) sees Significant Insider Sales Extending the Trend of Last Quarter

Maxim Integrated Products, today, saw two insiders — Tunc Doluca, Director and Officer, and Bruce E Kiddoo, Officer — sell 31,000 shares having a market value of approximately $1,635,654, as revealed in form 4 documents filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 78,704 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 109,704 shares and have averaged 15,672 shares per transaction over this time period.

The number of insider buy/sell trades at Maxim Integrated Products is higher than that of the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 178 buy/sell trades during this period for an average of 2.3 transactions per company. However, the number of shares traded per transaction by Maxim Integrated Products insiders is lower than its peers. Within the peer group there were 184,030 shares purchased and 64,805,439 shares sold with company insiders having sold 363,042 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating 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 in data used in composing and writing this story.

Today’s Insider Activity
* Tunc Doluca, Director and Officer, sold 21,000 shares
* Bruce E Kiddoo, Officer, sold 10,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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