The cluster is small in dollar terms and involves only directors, not C-suite executives. Without a 10b5-1 plan indication, the sales are notable but not alarming. Monitor the next 10-Q for any fundamental deterioration that might have prompted director selling.
Price Chart
Executive Summary
Two directors at Semtech sold a combined $964K in shares over a one-week window. The selling is modest relative to the company's market cap and lacks C-suite involvement, reducing its informational value.
Key Financial Metrics
Key Facts
- Two directors sold shares totaling $964K between September 16 and September 23, 2026.
- Director Walsh Paul V Jr sold 500 shares at $172.61 for $86K.
- Director Cardenuto Rodolpho C sold 5,300 shares at $165.00 for $878K.
- No C-suite officers (CEO, CFO, etc.) participated in the cluster.
- No open-market purchases were reported in the cluster.
Financial Impact
Total insider sales of $964K represent approximately 0.3% of Semtech's market cap (based on ~$326M market cap), falling in the modest range.
Risk Factors
- Director selling could signal caution about near-term business conditions, though the dollar amount is modest.
- No C-suite participation reduces the signal strength of this cluster.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SMTC-1790410123163 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $136.73 $132.00 | ▼ −3.46% | ▼ −3.03% | $136.73 (−0.00%) |
Oct 7, 2026 19d ago | 144 | $193.78 $160.26 | ▼ −17.30% | ▼ −16.32% | $136.73 (−29.44%) |
Sep 25, 2026 4w ago | Insider Cluster | $174.78 $192.83 | ▲ +10.33% | ▲ +9.12% | $136.73 (−21.77%) |
Sep 18, 2026 5w ago | Insider Cluster | $177.37 $174.78 | ▼ −1.46% | ▼ −0.44% | $136.73 (−22.91%) |
Sep 9, 2026 6w ago | Insider Cluster | $159.13 $178.19 | ▲ +11.98% | ▲ +11.35% | $136.73 (−14.08%) |
Sep 9, 2026 6w ago | Insider Cluster | $159.13 $178.19 | ▲ +11.98% | ▲ +11.35% | $136.73 (−14.08%) |
Aug 21, 2026 9w ago | Insider Cluster | $120.91 $132.96 | ▲ +9.97% | ▲ +9.50% | $136.73 (+13.08%) |
Aug 13, 2026 10w ago | 8-K | $133.58 $124.88 | ▼ −6.51% | ▼ −4.55% | $136.73 (+2.36%) |
Jul 16, 2026 14w ago | Insider Cluster | $124.96 $138.68 | ▲ +10.98% | ▲ +11.67% | $136.73 (+9.42%) |
Jul 14, 2026 14w ago | Insider Cluster | $135.22 $136.93 | ▲ +1.26% | ▲ +2.25% | $136.73 (+1.12%) |
US Market Status
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