Illumina director Keith Meister sells $57.2 million in stock

Illumina director Keith Meister, who owns 10% of the company, recently sold $57.2 million worth of Illumina common stock over several transactions in early September 2026. The sales occurred at prices ranging between $213.20 and $221.55 per share, as reported by a recent SEC Form 4 filing. At the time of the transactions, Illumina had delivered an 80% return over the previous year and was trading near its 52-week high.

Meister's indirect beneficial ownership of Illumina common stock stands at 770,350 shares as of September 4, 2026. Despite the stock being downgraded by Freedom Broker, other analysts have raised their price targets for Illumina, citing strong second-quarter results and robust financial performance.

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