Prasad L. Rampalli, President and CEO at QLOGIC CORP (QLGC), sold 1,666 shares at $8.95 ($15K) on 2015-08-04, disclosed to the SEC on 2015-08-04.
Scheduled sale ($15k) by President and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.