May 27, 2016

Posted by in Stock Reports | 0 Comments

Insider Selling Activity: Skyworks Solutions Inc (NASDAQ:SWKS), Alaska Air Group, Inc. (NYSE:ALK), Cadence Design Systems Inc (NASDAQ:CDNS)

Insider Selling Activity: Skyworks Solutions Inc (NASDAQ:SWKS),  Alaska Air Group, Inc. (NYSE:ALK), Cadence Design Systems Inc (NASDAQ:CDNS)

Insider trading is defined as a practice wherein trade of a company’s securities is undertaken by people who by virtue of their work have access to the otherwise non public information which can be crucial for making investment decisions.

In order to be able to use insider transactions to help you invest more wisely, you need to know the importance of the dollar value of the insider transactions you are watching. Continual purchases over the span of a few weeks tend to mean the insider is trying to buy in a big way. Also, keep things in perspective by understanding how much of an increase or decrease in the amount of shares owned will occur because of this transaction. The proportionate sizes of the transaction are extremely important.

Skyworks Solutions Inc (NASDAQ:SWKS) saw an insider sell on May 24, 2016 that may make shareholders worried. ALDRICH DAVID J, Executive Chairman, sold 15,000 shares at $66.11 a piece. The total sale came to $991,650, leaving the total count to 155,327 shares. Its shares currently owned by company management are 0.20% while institutional investors own about 83.00%. The 6-month change recorded in total insider ownership was -44.90%. On the other side, -0.51% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved YOUNG TAMARA S, a VP/HUMAN RESOURCESat Alaska Air Group, Inc. (NYSE:ALK) sold 1,859 shares at $66.77 per share to trim the total holding at 29,499 shares. Its shares currently owned by company management are 0.40% while institutional investors own about 92.50%. The 6-month change recorded in total insider ownership was -13.07%. On the other side, 1.09% change in total institutional ownership has been reported for the 3-month period.

Cadence Design Systems Inc (NASDAQ:CDNS) also received some insider trading action as Hsu Chi-Ping, who the company’s Sr. Vice President is sold some 19,375 shares at a price of $25.22 per share to the holding that now comprises of 249,464 shares. Its shares currently owned by company management are 0.90% while institutional investors own about 91.50%. The 6-month change recorded in total insider ownership was -21.58%. On the other side, -2.95% change in total institutional ownership has been reported for the 3-month period.

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