Insider Trends: Insider at Qorvo Sells for Tax Adds to 90-Day Selling Trend
05:05 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Steven E Creviston, VP & President Mobile Products, sold 1,279 Qorvo (QRVO) shares for approximately $219,310 to meet tax obligations. Creviston, after the transactions disclosed in the SEC Form 4 filing, has 54,665 shares of the company, which have a market value of $9.37 million as of the prior-day closing price.
Over the last 90 days, previous to the date of this filing, there have been 7 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 19,355 company shares by insiders. This compares with the preceding 90-day window of time where there were 8 transactions from 6 insiders which resulted in the net disposition of 17,637 shares.
This is less than the average level of insider transactions in the 25-company Semiconductor Equipment & Testing peer group over the last 90-day period. Peer group activity averaged 154.1 transactions per company, and disposition of 6,176 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1604778/000156761921009569/xslF345X03/doc1.xml
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