Form 4: Susan Ocampo Sells MACOM Technology Solutions Holdings Shares
SEC Form 4
Director Susan Ocampo sold a significant number of MACOM Technology Solutions Holdings shares on May 22 and 23, 2024, at weighted average prices of $102.53 and $103.54, respectively.
Summary
- Susan Ocampo, a director of MACOM Technology Solutions Holdings, Inc., reported the sale of company stock.
- On May 22, 2024, she sold 131,187 shares of common stock at a weighted average price of $102.53.
- The prices for these shares ranged from $102.50 to $102.84.
- On May 23, 2024, she sold 54,074 shares of common stock at a weighted average price of $103.54.
- The prices for these shares ranged from $103.50 to $103.73.
- The sales were executed to trusts for her children and the Ocampo Family Trust.
- Following these transactions, Ocampo indirectly beneficially owns 7,107,635 shares through trusts for her children and 6,886,661 shares through the Ocampo Family Trust, as well as 7,150 shares directly.
Sentiment
Score: 5
Explanation: The sentiment is neutral. It's a report of stock sales, which doesn't inherently indicate positive or negative sentiment. The impact depends on the investor's interpretation.
Negatives
- A director selling shares could be perceived negatively by some investors.
Risks
- The sale of a significant number of shares by a director could create short-term price volatility.
Industry Context
Insider sales are a common occurrence, and the impact on the stock price often depends on the size of the sale relative to the total shares outstanding and the reasons behind the sale. It's important to consider this activity in the context of overall market conditions and company performance.
Comparison to Industry Standards
- Comparing Ocampo's transactions to those of other directors in similar technology companies could provide context.
- For example, if other directors at companies like Analog Devices or Skyworks Solutions have recently sold shares, it might indicate a broader trend in the sector.
- Without additional context, it's difficult to assess whether these sales are unusual or indicative of a specific concern related to MACOM.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially leading to short-term price fluctuations.
- The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be minimal unless the sales indicate a larger strategic shift.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Susan Ocampo sold 131,187 shares of MACOM Technology Solutions Holdings at a weighted average price of $102.53. |
| 05/23/2024 | Susan Ocampo sold 54,074 shares of MACOM Technology Solutions Holdings at a weighted average price of $103.54. |
| 05/24/2024 | Date of signature for the Form 4 filing. |
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