Linear Technology Corp /ca/ (LLTC) Files Form 4 Insider Selling : Donald E Paulus Sells 2,185 Shares

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Linear Technology Corp /ca/ (LLTC): Donald E Paulus , VP & GM POWER BUSINESS UNIT of Linear Technology Corp /ca/ sold 2,185 shares on Nov 28, 2016. The Insider selling transaction was reported by the company on Feb 23, 2017 to the Securities and Exchange Commission. The shares were sold at $62.42 per share for a total value of $136,394.25 , 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 6, 2017, David A Quarles (VP INTERNATIONAL SALES) sold 3,013 shares at $63.30 per share price.On Jan 30, 2017, Robert H Jr Swanson (Executive Chairman) sold 38,529 shares at $62.97 per share price.Also, On Nov 29, 2016, Donald E Paulus (VP & GM POWER BUSINESS UNIT) sold 4,370 shares at $62.42 per share price.On Nov 29, 2016, Robert C Dobkin (VP of Engineering and CTO) sold 38,828 shares at $63.39 per share price.

Shares of Linear Technology Corporation (LLTC) ended Wednesday, Feb 22, 2017 session in red amid volatile trading. The shares closed down -0.3 points or -0.46% at $64.68 with 38,90,946 shares getting traded. Post opening the session at $64.76, the shares hit an intraday low of $64.45 and an intraday high of $64.82 and the price vacillated in this range throughout the day. The company has a market cap of $15,573 M and the number of outstanding shares has been calculated to be 24,07,75,710 shares. The 52-week high of Linear Technology Corporation is $65.03 and the 52-week low is $41.77.

Linear Technology Corporation Money Flow Index Chart

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.


Mike Chambers

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