Mohan Maheswaran, President and CEO at SEMTECH CORP (SMTC), sold 60,000 shares at $89.69 ($5.4M) on 2021-12-07, disclosed to the SEC on 2021-12-08.
Seasonal sale ($5.4M) 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 | $88.58 | 14,649 | $1.3M | 24.2% |
| 2 | $88.58 | 14,649 | $1.3M | 24.2% |
| 3 | $89.69 | 10,798 | $968K | 18.1% |
| 4 | $89.69 | 10,798 | $968K | 18.1% |
| 5 | $90.01 | 4,553 | $410K | 7.7% |
| 6 | $90.01 | 4,553 |
| $410K |
| 7.7% |
| Total | $89.20 avg | 60,000 | $5.4M | 100% |
| Filing → |
| SMTC | SELL | 2021-07-19 | $2.5M | — | Filing → |
| SMTC | SELL | 2021-07-16 | $3.9M | — | Filing → |
| SMTC | SELL | 2021-07-16 | $1.3M | — | Filing → |