Monitor for additional insider selling, particularly if the 10% owner continues to reduce their stake. The strong Q1 results support the stock, but the large sale warrants attention. No immediate catalyst to act on.
Price Chart
Executive Summary
Multiple insiders sold $313M (1.5% of market cap) following an extremely strong Q1 earnings report (revenue +88%, non-GAAP EPS beat). The selling is dominated by a 10% owner and likely reflects profit-taking after the stock's run-up rather than a bearish signal. Given the weak predictive power of insider sales and the strong fundamentals, the cluster is notable but not decisively bearish.
Key Financial Metrics
Key Facts
- Two insiders sold total $313M: MEGACHIPS CORP (10% owner) sold $311.8M and director Takata Akira sold $1.29M.
- Sales represent about 1.53% of the $20.4B market cap.
- Q1 2026 revenue grew 88.3% YoY to $113.6M; non-GAAP net income was $38.9M ($1.44/diluted share).
- Earnings were released 12 days before the cluster, providing a potential catalyst for selling.
- Insider sales historically have weak predictive power, especially after strong earnings.
Financial Impact
Total insider sales of $313.1M, ~1.5% of market cap.
Risk Factors
- Further insider selling could signal top-of-cycle sentiment.
- Stock has high historical volatility; recent neutral calls had mixed outcomes.
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-1779134768884 |
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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