Semtech CTO Sells $935,000 in Common Stock
SMTC has more than doubled off its 52-week low of $41.62.
Summary
Semtech's Chief Technology Officer sold $935,000 worth of common stock in an open market transaction.
Key Events · Ownership and Investor Activity · SMTC
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CTO Sells Shares
Chief Technology Officer Wilson John Michael disposed of 5,500 shares of Semtech common stock.
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Significant Transaction Value
The open market sale generated $935,000 at a price of $170.00 per share.
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Executive Disposition
This transaction by a key executive represents a reduction in direct holdings, following recent positive company news.
Analysis · SMTC · Manufacturing
Semtech's Chief Technology Officer, Wilson John Michael, sold 5,500 shares for $935,000 in an open market transaction. While the company recently reported strong Q1 results and approved an increase in its equity incentive plan, this sale by a key executive could be interpreted as a reduction in personal conviction, contributing to the overall insider distribution trend observed over the last 90 days.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 29.2% of the 1503 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.39%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SMTC was trading at $158.48 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $14.8B. The 52-week trading range was $41.62 to $177.35. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.