Mohan Maheswaran, President and CEO at SEMTECH CORP (SMTC), sold 20,000 shares at $69.85 ($1.4M) on 2020-12-10, disclosed to the SEC on 2020-12-10.
Seasonal sale ($1.4M) by President and CEO — this insider has traded SMTC in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $71.95 | 10,000 | $720K | 50.7% |
| 2 | $69.85 | 10,000 | $699K | 49.3% |
| Total | $70.90 avg | 20,000 | $1.4M | 100% |
| Filing → |
| SMTC | SELL | 2021-12-08 | $904K | — | Filing → |
| SMTC | SELL | 2021-07-19 | $2.5M | — | Filing → |
| SMTC | SELL | 2021-07-16 | $3.9M | — | Filing → |