Director Keith Meister Sells Another $85M of Illumina Stock
ILMN has more than doubled off its 52-week low of $88.
Summary
Illumina director Keith Meister sold another $85.2 million of stock on August 25–27, bringing his three-month total to over $343 million in sales.
Key Events · Ownership and Investor Activity · ILMN
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Director Sells $85.2M in Stock
Keith Meister sold 375,941 shares for $85,241,664.18 across 13 transactions on August 25–27, 2026, at prices ranging from $224.72 to $231.23.
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Three-Month Insider Selling Tops $343M
Combined with $110M sold in June and $148.2M sold August 4–5, Meister has now sold over $343 million of Illumina stock in roughly 90 days.
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Sales Near 52-Week High
The sales occurred with the stock trading near its 52-week high of $231.81, following a strong Q2 beat-and-raise quarter.
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Remaining Stake Still Substantial
Meister retains 1,317,075 shares indirectly through Corvex funds, indicating a reduction rather than a full exit.
Analysis · ILMN · Industrial Applications And Services
Director Keith Meister sold 375,941 shares for $85.2 million over three days, August 25–27, at prices between $224.72 and $231.23. This is the third major sale by Meister in roughly three months, following $110 million in June and $148.2 million on August 4–5. The stock is trading near its 52-week high, and the sales come despite a strong Q2 beat-and-raise quarter. Meister still holds 1,317,075 shares indirectly through Corvex funds, so this is a reduction, not an exit, but the persistent distribution by a director is a notable overhang signal.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. 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 $227.69 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $34.4B. 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.