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Micron Q3 earnings: Time to buy the dip?
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Increased Insider Selling:Micron, Qualcomm, and Coherent

I.  $Micron Technology (MU.US)$
Sanjay Mehrotra's Selling Activity:
Timeframe: January to June
Shares Sold: 457,280 shares
Cash Received: $52 million
Average Price: $113.65 per share
Share Price Movement: Micron's share price has surged nearly 64% this year, with Mehrotra's selling price rising from around 82 at the start of the year to approximately 152 in mid-June.
Comparison to Last Year: Mehrotra's selling volume and proceeds have increased significantly compared to 2023, where he sold 342,000 shares at an average price of 74.57 per share , raising 25.5 million.

II. $Qualcomm (QCOM.US)$
Cristiano Amon's Selling Activity:
Timeframe: January to May
Shares Sold: 40,500 shares
Cash Received: $6.9 million
Average Price: $169.92 per share
Share Price Movement: Qualcomm's share price has jumped 40.14% this year, with Amon's average selling price rising from around 150 in January to 190 in mid-May.
Previous Selling Record: Amon's last sale occurred in December 2021, where he sold 5,400 shares at 189.50 per share, raising 1.02 million.

III. $Coherent (COHR.US)$
Vincent "Chuck" D. Mattera Jr.'s Selling Activity:
Timeframe: March to May
Shares Sold: 15,000 shares
Cash Received: $846,700
Average Price: $56.45 per share
Retirement Plan: Having served as Chairman since 2021, Mattera Jr. plans to retire after finding a successor.
Trading Plan: He intends to sell up to 65,000 shares by the end of 2024 and use stock options to purchase and sell an additional 128,620 shares.
2023 Selling Activity: In June, he sold 61,000 shares at 54 per share , raising 3.3 million.
Share Price Movement: Coherent's share price has seen a significant increase of nearly 65% since the start of 2024.
New CEO Announcement: On June 3, the company announced Jim Anderson as its new CEO, who previously served as President and CEO of Lattice Semiconductor. With Mattera Jr.'s retirement and departure from the board, he is no longer considered an insider and is no longer required to disclose his trading activities in Coherent shares.
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