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Cavium Inc (CAVM) Pres., CEO, Chairman of board Syed Ali Sold $11.1 million of Shares

- By insider

Pres., CEO, Chairman of board of Cavium Inc (CAVM) Syed Ali sold 125,000 shares of CAVM on 03/02/2018 at an average price of $88.71 a share. The total sale was $11.1 million.

Cavium Inc is engaged in designing, developing and marketing of semiconductor processors that enable intelligent processing for wired and wireless networking, communications, storage, cloud, wireless, security and connected home and office applications. Cavium Inc has a market cap of $6.25 billion; its shares were traded at around $89.53 with and P/S ratio of 6.36.


CEO Recent Trades:

  • Pres., CEO, Chairman of board Syed Ali sold 125,000 shares of CAVM stock on 03/02/2018 at the average price of $88.71. The price of the stock has increased by 0.92% since.

CFO Recent Trades:

  • VP Finance & Admin CFO Arthur D Chadwick sold 118,202 shares of CAVM stock on 02/20/2018 at the average price of $87.74. The price of the stock has increased by 2.04% since.

Directors and Officers Recent Trades:

  • SVP,Gen. Counsel & Secretary Vincent P Pangrazio sold 8,228 shares of CAVM stock on 02/27/2018 at the average price of $90.01. The price of the stock has decreased by 0.53% since.
  • Director Anthony S Thornley sold 12,500 shares of CAVM stock on 02/20/2018 at the average price of $88.5. The price of the stock has increased by 1.16% since.
  • Corporate VP, IC Engineering Anil Kumar Jain sold 16,059 shares of CAVM stock on 02/16/2018 at the average price of $87.51. The price of the stock has increased by 2.31% since.
  • SVP,Gen. Counsel & Secretary Vincent P Pangrazio sold 8,000 shares of CAVM stock on 02/16/2018 at the average price of $87.19. The price of the stock has increased by 2.68% since.
  • COO Muhammad Raghib Hussain sold 20,000 shares of CAVM stock on 02/16/2018 at the average price of $87.22. The price of the stock has increased by 2.65% since.

For the complete insider trading history of CAVM, click here

.This article first appeared on GuruFocus.