Sandisk Executive Vice President and Chief Technology Officer Alper Ilkbahar sold $3.51 million worth of the company's stock. Specific details surrounding the transaction were not immediately disclosed.
Insider selling by a company executive can sometimes signal a lack of confidence in future stock performance, although the reasons for such sales are often personal or for diversification.
Sandisk EVP and CTO Alper Ilkbahar has sold $3.51 million worth of the company's stock. The specific details surrounding this transaction were not immediately disclosed.