Insider Sales at MACOM Technology Solutions Holdings (MTSI) are Significant and Extend the Selling Trend of Last Quarter
10:19 PM EST, 02/04/2021 (MT Newswires) -- SEC filings today disclosed significant insider sales of MACOM Technology Solutions Holdings shares as two insiders -- John L Ocampo, 10% Owner, Director and Officer, and Douglas J Carlson, Officer -- disposed of 26,957 shares in the company having a market value of approximately $1,654,676. 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 disposition of 666,558 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 693,515 shares and have averaged 99,074 shares per transaction over this time period.
Today's Insider Activity
The number of insider buy/sell trades at MACOM Technology Solutions Holdings is greater than that of the 25 peer company average over the last 90-day period. The Semiconductor Equipment & Testing peer group saw 59 buy/sell trades during this period for an average of 2.4 transactions per company. However, the number of shares traded per transaction by MACOM Technology Solutions Holdings insiders is lower than its peers. Within the peer group there were 2,500 shares purchased and 13,289,907 shares sold with company insiders selling 225,210 shares on average over this time period.
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.
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