MTSI COO Robert Dennehy sold 18,398 shares in 9 transactions for $4,512,097.78; reduces holdings by 58.9%
Robert Dennehy, Senior VP and COO, executed 9 separate sales on 2026-02-26 totaling 18,398 shares (18.4K shares) for $4,512,097.78 ($4.5M) at blended average price of $245.25. This reduces his holdings from 31,262 shares (31.3K shares) to 12,864 shares (12.9K shares), representing a -58.9% reduction in his position. The sale occurs at a price $13.29 below the current price of $258.54 and comes during a period of strong momentum: the stock is at its 52-week high, up 18.0% over 30 days and 45.3% over 90 days. Despite near-term price strength, the company carries a very elevated P/E of 119.69 and was unprofitable over its most recent full fiscal year, even as recent quarterly revenue of $271.6M reflects 32.6% annual growth.