Recently, various executives have taken part in insider trading activity for the stocks of Tesla Motors Inc (NASDAQ:TSLA), Fitbit Inc (NYSE:FIT), Galena Biopharma Inc (NASDAQ:GALE) and Qorvo Inc (NASDAQ:QRVO). Let’s take a closer look.
Tesla Motors Inc
VP of Engineering John Douglas Field disposed 2,281 Tesla shares, valued at $496,825, in three transactions dated June 6. Douglas still holds 12,492 shares, valued at $2,756,734.
In October 2013, Tesla has hired Mr. Field to be its Vice President of Vehicle Programs, responsible for driving development of new vehicles.
EVP, GC & Secretary Andrew Missan unloaded 10,000 Fitbit shares, in a single transaction dated June 06, esteemed at $143,500. The shares were sold via automatic sale program. Missan now owns 35,000 shares of the company, valued at $502,600.
Andy Missan has served as Fitbit Executive Vice President, General Counsel and Secretary since March 2013. From 2009 to 2012, Andy served as VP and General Counsel at Bytemobile, Inc., a mobile video optimization company.
Galena Biopharma Inc
Former CFO Ryan Dunlap disposed 128,875 Galena shares, in a single transaction dated June 1, valued at $276,588. Dunlap now holds 18,702 shares, worth $40,396.
The company announced the departure of Mr. Dunlap as CFO on December 11, 2015. Mr. Dunlap also served as the Director of Accounting at Vestas Wind Systems A/S, a public company that manufactures wind turbines and constructs wind parks, and in the Corporate Audit department at Nike, Inc., planning and executing operational and financial audits and leading Sarbanes Oxley implementation and maintenance teams.
VP and President of Infra. & Defence James Klein disposed 2768 Qorvo shares, in two transactions dated June 6, valued at $152,240. Klein still holds 1,289 shares, valued at $1,571,073. Klein has served as Corporate Vice President of Infrastructure & Defense Products since January 2015
According to TipRanks.com, which measures corporate insiders’ success based on their transactions, James Klein has an average return of 5.4% and a 50% success rate. Maddock is ranked #8,413 out of 35,567 corporate insiders.