SMTC SEMTECH CORP

NEUTRAL Impact: 3/10 Insider Cluster (8 insiders)
Horizon days Filed Jun 1, 2026 Processed 1d 2h ago
Insider cluster: 2 insiders, $1.0M total
Latest settled — T+1d ⚠ clustered
SMTC ▲ +0.02% at T+1d
NEUTRAL call ✓ call won +0.02% · α vs SPY +0.74% · entry $1,305.50 → $1,305.70
Next anchor: T+5d tomorrow
Currently $151.02 · -88.43% from $1,305.50 entry
Entry anchored
Jun 1, 03:59 PM ET
via Databento tick
T+1d
+0.02%
call +0.02% · α +0.74%
$1,305.70
settled 4d ago
T+5d
call — · α —
tomorrow
T+20d
call — · α —
in 24d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Semtech insiders made one open-market sale ($328K by EVP Silberstein) plus non-cash director derivative exercises and grants (no economic value), and two director open-market sales ($1.05M total, 0.007% of $15.8B market cap). The cluster follows a strong Q1 earnings beat (record revenue +16% YoY) that led to a 10d-ago bullish 8-K filing. The sales are immaterial relative to market cap, and the derivative exercises/grants are non-cash. No material bearish signal from this cluster.

Key Financial Metrics

Direction
mixed
Total Value
$1.4M
Insiders
8

Actionable Insight

The insider cluster is dominated by non-cash director equity events (restricted stock grants and derivative exercises), mixed with an EVP's small open-market sale. The negligible dollar amounts relative to $15.8B market cap mean this filing carries no actionable signal. Monitor for any insider open-market purchases at these elevated post-earnings levels if you want a bullish confirmation signal.

Key Facts

  • Total open-market sales by insiders: $1.378M (EVP Silberstein $328K + Director Li $882K + Director Fischer $165K)
  • All director derivative exercises and grants: $0 economic value (non-cash transactions)
  • Total open-market sale value is ~0.009% of $15.8B market cap — trivial
  • Cluster follows strong Q1 FY2027 earnings (record revenue $291M, +16% YoY, guidance above consensus)
  • No insider open-market purchases in the cluster

Financial Impact

Open-market insider sales total $1.378M, representing 0.009% of market cap — economically insignificant

Risk Factors

  • No material risk identified — insider sales are too small to signal any corporate concern
  • Insider sales after a strong earnings report could be routine post-vesting diversification

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
86% bullish (22 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SMTC-1780690061013
8 reports for SMTC
Performance horizon
Filters
Rows
Reports for SMTC — sortable, filterable
Type Now
Jun 1, 2026
5d ago
Insider Cluster
NEUTRAL ★ 3/10
$1,305.50 $1,305.70▲ +0.02%▲ +0.74%$151.02 (−88.43%)
Jun 1, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$1,305.50 $1,305.70▲ +0.02%▲ +0.74%$151.02 (−88.43%)
Jun 1, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
May 26, 2026
11d ago
8-K
BULLISH ★ 7/10
awaiting T+1
Apr 22, 2026
6w ago
144
NEUTRAL ★ 2/10
$1,299.70 $1,300.10▲ +0.03%▲ +0.42%$151.02 (−88.38%)
Apr 1, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$1,296.91 $1,297.71▲ +0.06%▼ −0.02%$151.02 (−88.36%)
Mar 18, 2026
11w ago
Insider Cluster
NEUTRAL ★ 4/10
$1,294.71 $1,295.30▲ +0.05%▲ +0.31%$151.02 (−88.34%)
Mar 11, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$1,293.91 $1,293.91▼ −0.00%▲ +1.48%$151.02 (−88.33%)
Showing 8 of 8

US Market Status

Market Closed — Opens Mon (14h 56m)

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