Maxim Integrated Products (MXIM) sees Significant Insider Selling Continuing

Thursday, January 04, 2018 10:15 PM ET

Maxim Integrated Products (MXIM) sees Significant Insider Selling Continuing

A SEC filing today revealed a notable insider sale of Maxim Integrated Products shares as — Tunc Doluca, Director and Officer — disposed of 21,202 shares in the company having a market value of approximately $1,114,672. There have been 8 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 109,629 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 130,831 shares and have averaged 14,537 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 162 buy/sell trades during this period for an average of 2.1 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 10,600 shares purchased and 14,244,729 shares sold with company insiders having sold 87,865 shares on average over this time period.

The data obtained in composing and writing in this story eliminates 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.

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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