The cluster of insider sales, particularly the $1.09M sale by a senior executive, is a modest bearish signal. While the dollar amount is small relative to market cap, the lack of any insider buying and the stock's recent decline (down ~34% from a prior high per historical performance) suggest insiders are not seeing near-term upside. Monitor for any upcoming earnings or guidance changes that could explain the selling.
Price Chart
Executive Summary
Three SITM insiders, including a director and a senior executive, sold a total of $1.68M in shares over a one-week window. While the dollar amount is modest relative to the $22.5B market cap (0.007%), the cluster includes a C-suite-level sale (Bonnot Lionel, likely a senior officer) and two director sales, which warrants attention. The historical calibration shows that bullish calls on SITM have underperformed (avg T+20 alpha -4.31%), and the cluster's net selling direction aligns with the stock's recent weakness, suggesting insiders may be taking advantage of elevated prices near $700+.
Key Financial Metrics
Key Facts
- Three insiders sold a total of $1.68M in SITM shares over Aug 7-14, 2026.
- Bonnot Lionel (likely C-suite) sold $1.09M, the largest trade in the cluster.
- Director Kreindl Torsten sold $503.8K across two trades on Aug 14 and Aug 17.
- Total insider sales represent ~0.007% of SITM's $22.5B market cap, which is trivial in absolute terms.
- The cluster is entirely selling with no offsetting insider purchases.
Financial Impact
Total insider sales of $1.68M, representing 0.007% of market cap.
Risk Factors
- Insider selling may be liquidity-driven or part of a 10b5-1 plan, reducing its informational value.
- The stock has been volatile, with prior reports showing large negative T+20 moves after bullish calls, indicating potential downside momentum.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SITM-1787120459396 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 4w ago | Insider Cluster | $550.39 $548.90 | ▼ −0.27% | ▲ +0.17% | $487.00 (−11.52%) |
Sep 9, 2026 5w ago | 144 | $589.87 $602.27 | ▼ −2.10% | ▼ −2.70% | $487.00 (+17.44%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 18, 2026 8w ago | Insider Cluster | $680.06 $618.71 | ▲ +9.02% | ▲ +9.23% | $487.00 (+28.39%) |
Aug 12, 2026 9w ago | Insider Cluster | $680.52 $687.93 | ▲ +1.09% | ▲ +0.39% | $487.00 (−28.44%) |
Jul 1, 2026 15w ago | 8-K | $703.84 $601.66 | ▼ −14.52% | ▼ −14.39% | $487.00 (−30.81%) |
Jun 15, 2026 17w ago | Insider Cluster | $684.86 $677.21 | ▼ −1.12% | ▲ +0.13% | $487.00 (−28.89%) |
Jun 15, 2026 17w ago | 144 | $742.46 $684.86 | ▲ +7.76% | ▲ +7.16% | $487.00 (+34.41%) |
US Market Status
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