Insider selling is insignificant in size and widely dispersed across officers and directors. Look for a material change in selling velocity (e.g., cluster approaching 0.5% of market cap or 10+ participants) before reading bearish signal. For now, ignore.
Price Chart
Executive Summary
Three insiders at Semtech sold $1.43M in shares over a 7-day window ending 2026-06-30. CEO Hong Q. Hou alone sold $1.47M worth, accounting for the bulk of the cluster. At a $13.7B market cap this is only ~0.01% of shares, a trivial amount that is likely routine diversification or tax-related. The cluster is entirely open-market selling, but the aggregate value is immaterial relative to company size, and no bearish read-through is warranted.
Key Financial Metrics
Key Facts
- 3 insider sells totaling $1.43M over 7 days, all open-market transactions
- CEO Hong Q. Hou sold $1.47M—approx 96% of total cluster value
- Total sales represent ~0.01% of Semtech's $13.7B market cap, well below materiality threshold
- No open-market purchases in the cluster; net direction is selling
Financial Impact
Total insider sales of $1.43M are trivial at 0.01% of market cap — routine, non-material activity
Risk Factors
- CEO Hou's sales may continue or accelerate, especially if tied to a 10b5-1 plan (unconfirmed)
- Historical calibration shows past high-score SMTC reports performed poorly — this low-magnitude event does not justify an aggressive call
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SMTC-1783022747068 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 23d ago | Insider Cluster | $163.94 $167.55 | ▲ +2.20% | ▲ +2.86% | $194.88 (+18.87%) |
Sep 9, 2026 23d ago | Insider Cluster | $163.94 $167.55 | ▲ +2.20% | ▲ +2.86% | $194.88 (+18.87%) |
Aug 21, 2026 6w ago | Insider Cluster | $120.91 $132.96 | ▲ +9.97% | ▲ +9.50% | $194.88 (+61.18%) |
Aug 13, 2026 7w ago | 8-K | $133.58 $124.88 | ▼ −6.51% | ▼ −4.55% | $194.88 (+45.89%) |
Jul 16, 2026 11w ago | Insider Cluster | $124.96 $138.68 | ▲ +10.98% | ▲ +11.67% | $194.88 (+55.95%) |
Jul 14, 2026 11w ago | Insider Cluster | $135.22 $136.93 | ▲ +1.26% | ▲ +2.25% | $194.88 (+44.12%) |
Jul 9, 2026 12w ago | Insider Cluster | $136.13 $127.65 | ▼ −6.23% | ▼ −5.67% | $194.88 (+43.16%) |
Jul 6, 2026 12w ago | 8-K | $126.40 $141.36 | ▲ +11.84% | ▲ +11.28% | $194.88 (+54.18%) |
Jul 2, 2026 13w ago | Insider Cluster | $135.27 $137.50 | ▼ −1.65% | ▼ −0.72% | $194.88 (−44.07%) |
Jul 2, 2026 13w ago | Insider Cluster | $135.27 $137.50 | ▲ +1.65% | ▲ +0.72% | $194.88 (+44.07%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access