Insider selling by directors only, not C-suite, and at tiny proportion of market cap suggests no bearish signal. Monitor future filings for any C-suite sales or changes in guidance. The strong earnings and raised guidance remain the dominant narrative.
Price Chart
Executive Summary
Three directors at MACOM sold a combined $17.25M in open-market shares in the week following strong Q2 FY2026 earnings (revenue +22.5% YoY, EPS $1.09 adjusted vs $0.85 prior year). The sales represent only ~0.06% of market cap and involve no C-suite executives, consistent with routine portfolio diversification after a positive catalyst.
Key Financial Metrics
Key Facts
- Director Peter Y. Chung sold 43,268 shares for ~$16.36M at $378.20 on May 14.
- Director Geoffrey G. Ribar sold 1,600 shares for ~$587K at $361.84 on May 11.
- Director Charles R. Bland sold 800 shares for $304K at $380 on May 13 (plus non-cash gifts of 700 shares).
- Total open-market sale value of ~$17.25M is 0.063% of $27.4B market cap — trivial.
- Q2 FY2026 revenue of $289M beat prior year by 22.5% and guided Q3 revenue $331-$339M above consensus.
Financial Impact
Sales of ~$17.25M are 0.06% of market cap, immaterial.
Risk Factors
- If additional insider selling emerges from CFO/CEO in coming weeks, sentiment could shift.
- Semiconductor cyclicality could weigh on forward estimates despite strong guidance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MTSI-1779309466824 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 6, 2026 8w ago | 8-K | $301.64 $259.95 | ▼ −13.82% | ▼ −14.42% | $326.45 (+8.23%) |
Jun 9, 2026 16w ago | Press Release | $358.72 $304.82 | ▼ −15.03% | ▼ −16.47% | $326.45 (−9.00%) |
May 29, 2026 17w ago | 144 | $353.79 $380.37 | ▲ +7.51% | ▲ +8.81% | $326.45 (−7.73%) |
May 27, 2026 18w ago | 144 | $400.66 $390.19 | ▼ −2.61% | ▼ −0.71% | $326.45 (−18.52%) |
May 18, 2026 19w ago | Insider Cluster | $358.98 $367.11 | ▲ +2.26% | ▲ +1.28% | $326.45 (−9.06%) |
May 18, 2026 19w ago | Insider Cluster | $358.98 $367.11 | ▲ +2.26% | ▲ +1.28% | $326.45 (−9.06%) |
May 18, 2026 19w ago | Insider Cluster | $358.98 $367.11 | ▲ +2.26% | ▲ +1.28% | $326.45 (−9.06%) |
May 18, 2026 19w ago | Insider Cluster | $380.45 $395.70 | ▲ +4.01% | ▲ +3.68% | $326.45 (−14.19%) |
May 18, 2026 19w ago | Insider Cluster | $358.98 $367.11 | ▲ +2.26% | ▲ +1.28% | $326.45 (−9.06%) |
May 15, 2026 19w ago | Insider Cluster | $356.25 $368.32 | ▲ +3.39% | ▲ +1.81% | $326.45 (−8.36%) |
US Market Status
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