Wednesday, February 21, 2018 10:15 PM ET
Significant Insider Sales Reported in Shares of Cavium (CAVM)
Cavium, today, saw two insiders — Vincent P Pangrazio, Officer, and Muhammad Raghib Hussain, Officer — sell 28,000 shares having a market value of approximately $2,441,920, as revealed in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 14,000 shares per transaction.
This level of buy-sell trading activity is near the 77 member peer company average. The average level of shares per transaction for Cavium insider buy-sell trading is close to that of the company’s peer group. Within the Semiconductors peer group there were 136,453 shares purchased and 2,168,984 shares sold resulting in an average of 13,025 shares traded and netting out with company insiders selling 11,483 shares on average.
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
* Vincent P Pangrazio, Officer, sold 8,000 shares
* Muhammad Raghib Hussain, Officer, sold 20,000 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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