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