Kishore Seendripu, Chairman, President and CEO at MAXLINEAR INC (MXL), sold 48,948 shares at $33.09 ($1.6M) on 2021-05-11, disclosed to the SEC on 2021-05-13.
Seasonal sale ($1.6M) by Chairman, President and CEO — this insider has traded MXL in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $33.09 | 3,557 | $118K | 7.3% |
| 2 | $33.09 | 3,557 | $118K | 7.3% |
| 3 | $33.82 | 5,351 | $181K | 11.2% |
| 4 | $33.82 | 5,351 | $181K | 11.2% |
| 5 | $32.42 | 6,754 | $219K | 13.6% |
| 6 | $32.42 | 6,754 |
| $219K |
| 13.6% |
| 7 | $32.94 | 1,500 | $49K | 3.1% |
| 8 | $32.64 | 6,562 | $214K | 13.3% |
| 9 | $32.64 | 6,562 | $214K | 13.3% |
| 10 | $33.43 | 3,000 | $100K | 6.2% |
| Total | $32.96 avg | 48,948 | $1.6M | 100% |
| Filing → |
| MXL | SELL | 2021-10-07 | $3.9M | — | Filing → |
| MXL | SELL | 2021-09-22 | $4.0M | — | Filing → |
| MXL | SELL | 2021-08-04 | $3.8M | — | Filing → |