Insider Sale at Maxim Integrated Products (MXIM) Continues Selling Trend

Tuesday, January 30, 2018 10:15 PM ET

Insider Sale at Maxim Integrated Products (MXIM) Continues Selling Trend

A substantial insider sale of the shares of Maxim Integrated Products was revealed in a form 4 document filed with the SEC today, showing — Tunc Doluca, Director and Officer — sold 54,000 shares in the company having a market value of approximately $3,216,958. 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 sale of 106,629 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 160,629 shares and have averaged 17,848 shares per transaction over this time period.

Maxim Integrated Products insider trading represents a level of buy/sell trades that is above for the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 158 buy/sell trades during this period for an average of 2.1 transactions per company. The number of shares per buy/sell trade for Maxim Integrated Products insiders was also higher. Within the peer group there were 14,773 shares purchased and 1,720,383 shares sold with company insiders selling 10,795 shares on average.

Insider buying and selling activity that is significant 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 creating and writing this story.

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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