Top Insider Trading Trends in Technology Stocks This Year

Wall St. Watchdog uncovers companies in the Technology sector whose insiders have bought and sold shares over the previous six months.  The companies’ market capitalizations range from $500 million to $1 billion.

  • Integrated Device Technology, Inc. (NASDAQ:IDTI): Over the past six months, insiders have bought 72,370 shares and have sold -119,770 shares, for a net of -47,400 shares. The shares recently traded at $6.71 and its market capitalization is $994,242,400. About the company: Integrated Device Technology, Inc. designs, develops, manufactures, and markets a variety of semiconductor products and modules. Applications for the Company’s products include data and telecommunications equipment, storage area networks, networked peripherals and servers, and personal computers. The Company markets its products on a worldwide basis primarily to original equipment manufacturers. Integrated Device Technology, Inc. Earnings: Margins Keep Growing, but Profit Drops>>
  • Cirrus Logic, Inc. (NASDAQ:CRUS): Over the past six months, insiders have bought 460,180 shares and have sold -375,820 shares, for a net of 84,360 shares. The shares recently traded at $15.22 and its market capitalization is $992,360,700. About the company: Cirrus Logic, Inc. designs and manufactures integrated circuits that employ precision linear and advanced mixed-signal processing technologies. The Company’s products enable system-level applications in mass storage, audio, and precision data conversion. Cirrus serves a broad customer base in the mass storage, industrial, and audio markets.
  • ScanSource, Inc. (NASDAQ:SCSC): Over the past six months, insiders have bought 121,020 shares and have sold -95,050 shares, for a net of 25,970 shares. The shares recently traded at $36.48 and its market capitalization is $985,150,500. About the company: ScanSource, Inc. is a value-added wholesale distributor of specialty technology products to the reseller market. The Company provides automatic identification and point-of-sale products, as well as telephony and computer telephony integration products. ScanSource distributes its products in the United States and internationally.
  • Active Network Inc (NYSE:ACTV): Over the past six months, insiders have bought 31,835,990 shares and have sold -6,331,350 shares, for a net of 25,504,640 shares. The shares recently traded at $18.06 and its market capitalization is $956,864,000. About the company: The Active Network, Inc., an online community, offers application services technology and marketing access to community service and participatory sports organizations.
  • Raven Industries, Inc. (NASDAQ:RAVN): Over the past six months, insiders have bought 18,880 shares and have sold -119,140 shares, for a net of -100,260 shares. The shares recently traded at $52.58 and its market capitalization is $950,628,300. About the company: Raven Industries, Inc. is an industrial manufacturer focusing on plastics and electronics. The Company manufactures ultra thin and reinforced plastic sheeting, provides electronic manufacturing services, and manufactures precision products for agriculture. Raven also provides balloons, inflatables, contract electronics, and industrial controls through its subsidiaries.
  • DealerTrack Holdings, Inc. (NASDAQ:TRAK): Over the past six months, insiders have bought 257,690 shares and have sold -278,720 shares, for a net of -21,030 shares. The shares recently traded at $23.01 and its market capitalization is $946,051,300. About the company: DealerTrack Holdings Inc. provides on-demand software and data solutions for the automotive retail industry in the United States. The Company utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies.
  • ESCO Technologies Inc. (NYSE:ESE): Over the past six months, insiders have bought 42,890 shares and have sold -75,610 shares, for a net of -32,720 shares. The shares recently traded at $34.70 and its market capitalization is $923,205,700. About the company: ESCO Technologies, Inc. supplies special purpose communications systems for electric, gas, and water utilities, including hardware and software to support advanced metering applications. The Company also provides engineered filtration products to the aviation, space and process markets worldwide.
  • Cabot Microelectronics Corporation (NASDAQ:CCMP): Over the past six months, insiders have bought 354,300 shares and have sold -369,440 shares, for a net of -15,140 shares. The shares recently traded at $38.77 and its market capitalization is $911,687,000. About the company: Cabot Microelectronics Corporation supplies slurries used in chemical mechanical planarization, a polishing process used in the manufacture of integrated circuit devices. The slurries are liquids containing abrasives and chemicals that enhance the polishing process. The polishing process itself facilitates the manufacture of smaller, faster, and more complex integrated circuit devices.
  • Sanmina-SCI Corporation (NASDAQ:SANM): Over the past six months, insiders have bought 124,060 shares and have sold -55,200 shares, for a net of 68,860 shares. The shares recently traded at $11.29 and its market capitalization is $908,991,000. About the company: Sanmina-SCI Corporation provides electronics contract manufacturing services to customers located around the world. The Company offers its customers expertise in new product introduction, manufacturing, and design and fabrication of complex interconnect products. Sanmina-SCI specializes in circuit fabrication, system assembly, integration, and high-end enclosures and cabling.
  • Websense Inc. (NASDAQ:WBSN): Over the past six months, insiders have bought 146,000 shares and have sold -36,980 shares, for a net of 109,020 shares. The shares recently traded at $22.60 and its market capitalization is $902,905,300. About the company: Websense, Inc. provides employee Internet management solutions. The Company’s solutions enable businesses to monitor, report, and manage how their employees use the Internet. Websense’s enterprise solution gives business managers the ability to implement Internet access policies for different users and groups within their businesses.
  • Sykes Enterprises, Incorporated (NASDAQ:SYKE): Over the past six months, insiders have bought 154,010 shares and have sold -176,900 shares, for a net of -22,890 shares. The shares recently traded at $18.99 and its market capitalization is $893,059,200. About the company: Sykes Enterprises, Incorporated provides customer management solutions and services in North America, Europe, Latin America, Asia, and Africa. The Company serves customers of companies in the financial services, communications, and technology/consumer markets. Sykes provides technical support and customer service, as well as customer relationship management consulting.
  • EarthLink, Inc. (NASDAQ:ELNK): Over the past six months, insiders have bought 648,640 shares and have sold -202,910 shares, for a net of 445,730 shares. The shares recently traded at $8.10 and its market capitalization is $890,545,300. About the company: EarthLink, Inc. is an Internet service provider serving individuals and business subscribers. The Company provides Internet access, Web hosting, and electronic commerce solutions internationally from various points of presence.
  • Unisys Corporation (NYSE:UIS): Over the past six months, insiders have bought 185,900 shares and have sold -75,840 shares, for a net of 110,060 shares. The shares recently traded at $20.53 and its market capitalization is $886,217,100. About the company: Unisys Corporation is a worldwide information technology services and solutions company. The Company’s services include systems integration, outsourcing, infrastructure, server technology and consulting. The Company primarily serves the financial services, public sector, communications, transportation, commercial and media markets.
  • Benchmark Electronics, Inc. (NYSE:BHE): Over the past six months, insiders have bought 195,250 shares and have sold -20,250 shares, for a net of 175,000 shares. The shares recently traded at $14.35 and its market capitalization is $871,270,800. About the company: Benchmark Electronics, Inc. provides contract electronics manufacturing and design services. The Company serves original equipment manufacturers of medical devices, industrial control equipment, testing and instrumentation products, and telecommunications equipment. Benchmark also offers product design, printed circuit board layout, prototyping and test development services.
  • Luminex Corporation (NASDAQ:LMNX): Over the past six months, insiders have bought 167,700 shares and have sold -90,940 shares, for a net of 76,760 shares. The shares recently traded at $20.66 and its market capitalization is $869,554,100. About the company: Luminex Corporation has developed, manufactures, and markets a proprietary technology platform that simplifies biological testing for the life sciences industry. The Company’s LabMAP system is designed to simultaneously perform up to 100 bioassays on a single drop of fluid. The Luminex 100 reads biological tests taking place on the surface of microspheres.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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