Insider Selling Spree Rattles MACOM Investors Ahead of Earnings

MACOM Technology Solutions shares are facing significant pressure following substantial stock sales by a major shareholder just days before the company’s quarterly results announcement. The timing of these transactions has sparked concern among market participants.

Former director Susan Ocampo executed sales totaling over $18 million during two consecutive trading days last week. She divested 132,873 shares at prices ranging from $148.02 to $150.01 per share. Market reaction was immediate, with the stock declining to $150.61, retreating from its recent all-time peak of $152.66.

This development follows Ocampo’s recent departure from the board of directors in late August after fifteen years of service. The convergence of leadership changes and substantial insider selling has Read more...