Fairchild Semiconductor International (NYSE:FCS) designs, develops, manufactures, and sells power analog, power discrete, and non-power semiconductor solutions worldwide.
Insider selling during the last 30 days
Here is a table of Fairchild Semiconductor's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Sold||Rule 10b5-1||Current Ownership||Decrease In Ownership|
|Paul Delva||SVP||May 9||36,000||No||46,384 shares||43.7%|
|Anthony Lear||Director||May 8||4,900||Yes||10,000 shares||32.9%|
|Kevin London||SVP||April 24||20,000||No||19,428 shares||50.7%|
There have been 60,900 shares sold by insiders during the last 30 days. Anthony Lear sold shares pursuant to a Rule 10b5-1 plan. More details about the Rule 10b5-1 trading plan can be found from this link.
Insider selling by calendar month
Here is a table of Fairchild Semiconductor's insider activity by calendar month.
|Month||Insider selling / shares||Insider buying / shares|
There have been 391,031 shares sold, and there have been 20,000 shares purchased by insiders since January 2013.
Fairchild Semiconductor reported the first-quarter financial results on April 17 with the following highlights:
|Net loss||$9.3 million|
The three insiders sold their shares after these results.
Fairchild Semiconductor's second-quarter guidance is as follows:
|Adjusted gross margin||31%-32%|
|Qtrly Rev Growth (yoy):||0.00||0.01||0.15||0.03|
|PEG (5 yr expected):||5.15||1.92||0.40||1.88|
Fairchild Semiconductor has the highest PEG ratio among these four companies.
Here is a table of these competitors' insider activities during the last 30 days.
|Company||Insider buying / shares||Insider selling / shares|
Texas Instruments has also seen intensive insider selling during the last 30 days.
There have been three different insiders selling Fairchild Semiconductor, and there have not been any insiders buying Fairchild Semiconductor during the last 30 days. All three of these insiders decreased their holdings by more than 10%. Fairchild Semiconductor has an insider ownership of 0.68%.
Fairchild Semiconductor has a $9 price target from the Point & Figure chart. I believe there is an opportunity for a short entry with the $9 price target. I would place a stop loss at $16, which is the two-year high. The three main reasons for the proposed short entry are a bearish Point & Figure chart, relatively high PEG ratio, and the intensive insider-selling activity.
Disclosure: I have no positions in any stocks mentioned, but may initiate a short position in FCS over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.