Kishore Seendripu, Chairman, President and CEO at MAXLINEAR INC (MXL), sold 78,916 shares at $36.45 ($2.9M) on 2021-05-25, disclosed to the SEC on 2021-05-27.
Seasonal sale ($2.9M) 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 | $36.45 | 13,204 | $481K | 16.4% |
| 2 | $36.45 | 13,204 | $481K | 16.4% |
| 3 | $36.62 | 13,198 | $483K | 16.5% |
| 4 | $36.62 | 13,198 | $483K | 16.5% |
| 5 | $38.23 | 13,056 | $499K | 17.0% |
| 6 | $38.23 | 13,056 |
| $499K |
| 17.0% |
| Total | $37.10 avg | 78,916 | $2.9M | 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 → |