TriQuint (TQNT) Director Gibson Increases Position by 25%; Shares Trade Higher

May 11, 2012 1:00 PM EDT
Get Alerts TQNT Hot Sheet
Trade TQNT Now!
Join SI Premium – FREE
TriQuint Semiconductor (Nasdaq: TQNT) shares are higher Friday amid disclosure of an insider transaction made over three sessions this week.

According to a Form 4 filed with the U.S. SEC after the market closed on Thursday, Director C. Scott Gibson acquired 6,500 shares from May 8th through 10th. Total value on the transactions was about $32,000.

Though it may not seem like a lot, the purchases brought Gibson's stake 25 percent higher to 32,943 shares.

TriQuint volatility is also up about 6 percent from Thursday's close, no doubt due in part to positive sentiment in the tech sector today.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Insider Trades, Insiders' Blog

Add Your Comment