SMTC SEMTECH CORP
Price Chart
Executive Summary
Two Semtech directors sold a combined $1.05M in open-market sales on May 28, 2026, just days after the company reported record Q1 FY2027 results that beat consensus and guided well above expectations. The sales represent ~0.007% of the $14.2B market cap, making them trivial in size and likely driven by routine portfolio diversification following a strong earnings-driven stock run.
Key Financial Metrics
Actionable Insight
The insider sales are negligible in size and involve only directors, not C-suite executives. No bearish signal — the sales likely reflect routine diversification after a strong earnings report. Monitor for any C-suite selling in the coming weeks, which would carry more weight.
Key Facts
- Director Li Ye Jane sold 5,285 shares at $166.84 for ~$882K on May 28, 2026.
- Director Fischer Gregory Michael sold 1,000 shares at $164.69 for ~$165K on May 28, 2026.
- Total insider sales of $1.05M represent ~0.007% of Semtech's $14.2B market cap.
- Sales occurred 2 days after Semtech reported record Q1 FY2027 net sales of $291.0M (+16% YoY) and non-GAAP EPS of $0.51 (+34% YoY), with Q2 guidance above consensus.
- No C-suite insiders (CEO/CFO) participated in the sales; only two directors sold.
- The sales are not part of a 10b5-1 plan pattern based on available data.
Financial Impact
Total insider sales of $1.05M — immaterial relative to $14.2B market cap.
Risk Factors
- No material risk identified from this cluster; sales are trivial relative to market cap.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SMTC-1780344250371 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 1, 2026
5d ago
|
Insider Cluster
| $1,305.50 $1,305.70 | ▲ +0.02% | ▲ +0.74% | $151.02 (−88.43%) |
|
Jun 1, 2026
5d ago
|
Insider Cluster
| $1,305.50 $1,305.70 | ▲ +0.02% | ▲ +0.74% | $151.02 (−88.43%) |
|
Jun 1, 2026
5d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 26, 2026
11d ago
|
8-K
| — | awaiting T+1 | — | — |
|
Apr 22, 2026
6w ago
|
144
| $1,299.70 $1,300.10 | ▲ +0.03% | ▲ +0.42% | $151.02 (−88.38%) |
|
Apr 1, 2026
9w ago
|
Insider Cluster
| $1,296.91 $1,297.71 | ▲ +0.06% | ▼ −0.02% | $151.02 (−88.36%) |
|
Mar 18, 2026
11w ago
|
Insider Cluster
| $1,294.71 $1,295.30 | ▲ +0.05% | ▲ +0.31% | $151.02 (−88.34%) |
|
Mar 11, 2026
12w ago
|
Insider Cluster
| $1,293.91 $1,293.91 | ▼ −0.00% | ▲ +1.48% | $151.02 (−88.33%) |
US Market Status
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