SMTC SEMTECH CORP
Price Chart
Executive Summary
Two senior executives at Semtech (CEO and COO) sold a combined $652K in open-market sales within a week of the company reporting record Q1 FY2027 results and strong guidance. The sales are small relative to the $14.8B market cap (0.004%) and follow a 10b5-1 pattern, making them routine portfolio adjustments rather than a bearish signal. The cluster is dominated by non-cash director grants and option exercises, which carry no economic signal.
Key Financial Metrics
Actionable Insight
The CEO and COO sales are small and likely part of pre-arranged 10b5-1 plans following the strong earnings report. No bearish read-through — the company's fundamentals remain strong with record revenue and raised guidance. Monitor for any larger insider sales in the next 30 days that would break the pattern.
Key Facts
- CEO Hou Hong Q sold 2,000 shares at $162.10 for $324K on June 5, 2026
- COO Silberstein Asaf sold 2,000 shares at $164.00 for $328K on June 3, 2026
- Total open-market sales of $652K represent ~0.004% of $14.8B market cap
- Eight directors received 1,180-share grants each on June 4, 2026 (non-cash, $0 value)
- Multiple directors exercised derivative securities on June 3, 2026 (non-cash, $0 value)
- Sales occurred 14 days after Semtech reported record Q1 FY2027 revenue of $291M (+16% YoY) and raised Q2 guidance above consensus
Financial Impact
Total insider sales of $652K, negligible relative to $14.8B market cap
Risk Factors
- CEO and COO both selling in the same week could be misinterpreted as a negative signal by the market
- If additional insider sales emerge without a 10b5-1 plan, sentiment could shift
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SMTC-1781035357696 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
Insider Cluster
| $157.65 awaiting T+1 | awaiting T+1 | — | $166.71 (+5.75%) |
|
Jun 1, 2026
13d ago
|
Insider Cluster
| $1,305.50 $1,305.70 | ▲ +0.02% | ▲ +0.74% | $166.71 (−87.23%) |
|
Jun 1, 2026
13d ago
|
Insider Cluster
| $1,305.50 $1,305.70 | ▲ +0.02% | ▲ +0.74% | $166.71 (−87.23%) |
|
Jun 1, 2026
13d ago
|
Insider Cluster
| $1,305.50 $1,305.70 | ▲ +0.02% | ▲ +0.74% | $166.71 (−87.23%) |
|
May 26, 2026
19d ago
|
8-K
| $1,304.90 $1,304.90 | · 0.00% | ▼ −0.55% | $166.71 (−87.22%) |
|
Apr 22, 2026
7w ago
|
144
| $1,299.70 $1,300.10 | ▲ +0.03% | ▲ +0.42% | $166.71 (−87.17%) |
|
Apr 1, 2026
10w ago
|
Insider Cluster
| $1,296.91 $1,297.71 | ▲ +0.06% | ▼ −0.02% | $166.71 (−87.15%) |
|
Mar 18, 2026
12w ago
|
Insider Cluster
| $1,294.71 $1,295.30 | ▲ +0.05% | ▲ +0.31% | $166.71 (−87.12%) |
|
Mar 11, 2026
13w ago
|
Insider Cluster
| $1,293.91 $1,293.91 | ▼ −0.00% | ▲ +1.48% | $166.71 (−87.12%) |
US Market Status
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