Director Keith Meister Sells Another $57.2M of Illumina Stock
ILMN has more than doubled off its 52-week low of $88.
Summary
Illumina director Keith Meister sold another $57.2 million in stock on September 2–4, extending a heavy insider distribution trend that now totals roughly $290 million over three months.
Key Events · Ownership and Investor Activity · ILMN
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Director Sells $57.2M in Stock
Keith Meister sold 263,560 shares across 12 open-market transactions on September 2–4 at prices between $213.20 and $221.55, totaling $57.2 million.
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Three-Month Selling Total Nears $290M
This sale follows $148.2 million sold August 4–5 and $85.2 million sold August 25–27, bringing Meister's 90-day open-market sales to approximately $290 million.
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Holdings Reduced to 770,350 Shares
Post-transaction indirect holdings stand at 770,350 shares (plus 6,780 direct), down from 976,422 at the start of this filing period.
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Sales Near 52-Week High
The sales occurred with Illumina trading near its 52-week high of $231.81, suggesting profit-taking after the stock's strong appreciation from its $88.00 low.
Analysis · ILMN · Industrial Applications And Services
Director Keith Meister sold $57.2 million of Illumina stock across 12 transactions between September 2 and 4, at prices ranging from $213.20 to $221.55. This is the third major sale by Meister in three months, following $148.2 million in early August and $85.2 million in late August, bringing his 90-day total to roughly $290 million. The sales come as Illumina trades near its 52-week high of $231.81, suggesting Meister is monetizing gains after the stock's strong run. While Meister is a director rather than an executive, the sheer size and consistency of the selling pattern is notable for investors.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ILMN was trading at $222.44 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $33B. The 52-week trading range was $88.00 to $231.81. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.