The insider sales are negligible in size and involve only directors, not C-suite executives. No bearish signal — the sales likely reflect routine diversification after a strong earnings report. Monitor for any C-suite selling in the coming weeks, which would carry more weight.
Price Chart
Executive Summary
Two Semtech directors sold a combined $1.05M in open-market sales on May 28, 2026, just days after the company reported record Q1 FY2027 results that beat consensus and guided well above expectations. The sales represent ~0.007% of the $14.2B market cap, making them trivial in size and likely driven by routine portfolio diversification following a strong earnings-driven stock run.
Key Financial Metrics
Key Facts
- Director Li Ye Jane sold 5,285 shares at $166.84 for ~$882K on May 28, 2026.
- Director Fischer Gregory Michael sold 1,000 shares at $164.69 for ~$165K on May 28, 2026.
- Total insider sales of $1.05M represent ~0.007% of Semtech's $14.2B market cap.
- Sales occurred 2 days after Semtech reported record Q1 FY2027 net sales of $291.0M (+16% YoY) and non-GAAP EPS of $0.51 (+34% YoY), with Q2 guidance above consensus.
- No C-suite insiders (CEO/CFO) participated in the sales; only two directors sold.
- The sales are not part of a 10b5-1 plan pattern based on available data.
Financial Impact
Total insider sales of $1.05M — immaterial relative to $14.2B market cap.
Risk Factors
- No material risk identified from this cluster; sales are trivial relative to market cap.
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-1780344250371 |
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
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