Insider Selling News: Micron Technology, Inc. (MU) and Qorvo Inc (QRVO)
Recently, various executives have taken part in insider selling activity for the stocks of Micron Technology, Inc. (NASDAQ:MU) and Qorvo Inc (NASDAQ:QRVO). Let’s take a closer look.
Micron Technology, Inc.
CFO Ernest Maddock sold 3,185 Micron shares in a single transaction dated June 3, valued at $41,755. Maddock now holds 120,071 shares, worth $1,544,113.
According to TipRanks.com, which measures corporate insiders’ success based on their transactions, Ernest Maddock has an average loss of 5.2% and a 33% success rate. Maddock is ranked #21,257 out of 35,567 corporate insiders.
Maddock is responsible for overseeing Micron’s global finance and accounting organization. Prior to joining Micron in 2015, Maddock served as Chief Financial Officer at multiple global companies, including Riverbed Technology and Lam Research.
- President Robert Buggeworth disposed 9087 shares in two transactions dated June 02, esteemed at $478,585. The shares were sold via automatic sale program. The insider now holds 240,316 shares, worth $12,897,759.
- CFO Steven Buhaly sold 1,093 shares in one transaction dated June 02, valued at $55,710. Buhaly currently holds 94,938 shares, worth $5,078,233.
- VP and President of Infra. & Defence James Klein sold 792 shares in a single transaction dated June 2, valued at $40,368. Klein now has in hands 28,664 shares of the company, prized at $1,461,004.
- Steven Creviston sold 1,104 esteemed at $58,106, in one transaction on June 02. Steven Creviston still holds 119,913 shares, valued at $6,414,146.