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Insider Trends: Maxim Integrated Products Insider Continues 90-Day Selling Trend

05/07/2021 13:40

05:24 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Tunc Doluca, Director and President, CEO & Director, reported a sale of 3,450 shares in Maxim Integrated Products (MXIM) for $327,750. Doluca has control over 261,107 company shares of which 38,626 shares are controlled directly and 222,481 shares indirectly subsequent to the transactions designated in the SEC Form 4 filing. These holdings have an approximate market value of $24.9 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 8 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 45,481 company shares by insiders. Relative to the preceding 90-day window of time, there were 12 transactions from 8 insiders which resulted in the net disposition of 110,207 shares.

This level of transactions is below that of the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Peer group activity averaged 180.8 transactions per company, and disposition of 9,412 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/743316/000120919121030982/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.