From http://www.bidnessetc.com ,"EVP and Co-President Venkata S. M. Renduchintala sold 2,700 shares (74% of his total stake) through a single transaction on October 5. Following this transaction, Mr. Renduchintala now currently owns 910 remaining shares, valued at $51,251 as of Tuesday."
WOW, 910 shares, most of engineers in Q put more stake on company's future than this guy. What plan does he have?
This guy single handedly can bring down the company! Why can't the nut jobs above him see that and fire MR.
OP: He dumped most of his shares when the stock was at $75 or above.
US Citizen: What was his Ph.D. in?
@ U.S. Citizen: Karma is a b*tch. I have a feeling that it will come looking for RM--sooner than you think!
If titles actually expressed what kind of person you really are.... They would read the following Sr. Staff Manager.... Bootlicker... Backstabber...slave driver... Etc.
Anonymous175609, if the internet only allowed correct statements, it would be empty
175425: You are not correct. It would be nice if the layoff.com blocked the IP addresses used by people that posted incorrect information. I know it would block others as well, but there is so much miss information. Maybe you could post your name and apology for being wrong just as so many ask of people ask of others. If not, maybe you could never post again.
The only way the top guys can ever sell shares is a pre-arranged schedule determined months in advance because they always have insider knowledge. Most set it up to unload as soon as vested. Don't read too much into them selling...
Was he specifically poached from skyworks?
He's the worst guy ever QC hired.
Is Murthy going to again remind us during the QCT all-hands that he has a Ph.D.?
You have to sell your shares that aren't espp before you leave.