Illumina, Inc. (NASDAQ:ILMN – Get Free Report) Director Keith Meister sold 283,269 shares of the business’s stock in a transaction on Wednesday, August 5th. Illumina Stock PerformanceShares of NASDAQ:ILMN opened at $193.72 on Friday. Why Illumina Is a Strong Momentum StockZacks upgraded Illumina from “hold” to “strong buy,” citing favorable momentum characteristics. Piper Sandler Reiterates Overweight RatingPiper Sandler reiterated an “overweight” rating, while TD Cowen maintained its “hold” rating. Illumina Insider Trading FilingDirector Keith A. Meister sold approximately 741,000 Illumina shares across August 4 and 5 for a combined value of about $148.2 million, reducing his holdings by roughly 28% over the two transactions.