Linear Technology Corp /ca/ (LLTC) Files Form 4 Insider Selling : David A Quarles Sells 2,000 Shares

Linear Technology Corp /ca/ (LLTC): David A Quarles , VP INTERNATIONAL SALES of Linear Technology Corp /ca/ sold 2,000 shares on Apr 22, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $46.17 per share for a total value of $92,341.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 25, 2016, Robert C Dobkin (VP of Engineering and CTO) sold 24,539 shares at $43.10 per share price.On Feb 11, 2016, David A Quarles (VP International Sales) sold 3,029 shares at $40.68 per share price.Also, On Nov 16, 2015, Alexander Mccann (VP & COO) sold 28,000 shares at $43.77 per share price.On Oct 23, 2015, Donald P Zerio (VP of Finance and CFO) sold 3,000 shares at $44.55 per share price.

Linear Technology Corporation: On Wednesday, Apr 20, 2016 heightened volatility was witnessed in Linear Technology Corporation which led to swings in the share price. The shares opened for trading at $46.17 and hit $46.815 on the upside , eventually ending the session at $46.33, with a gain of 0.50% or 0.23 points. The heightened volatility saw the trading volume jump to 26,33,376 shares. The 52-week high of the share price is $48.29 and the company has a market cap of $11,089 M . The 52-week low of the share price is at $36.41.

Linear Technology Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Linear Technology Corporation is Initiated by Drexel Hamilton to Hold. The Rating was issued on Mar 2, 2016.Linear Technology Corporation is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 1, 2016.

Linear Technology Corporation (Linear Technology) is engaged in designing manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management data conversion signal conditioning RF and interface ICs Module subsystems and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Company’s SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components board level products with mesh networking and software addressing high level applications such as industrial process automation data center energy management building energy management renewable energy monitoring and transportation management systems.

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