Mohan Maheswaran, President and CEO at SEMTECH CORP (SMTC), sold 40,000 shares at $62.17 ($2.5M) on 2021-07-16, disclosed to the SEC on 2021-07-19.
Seasonal sale ($2.5M) by President and CEO — this insider has traded SMTC in July in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $62.17 | 19,106 | $1.2M | 47.8% |
| 2 | $62.17 | 19,106 | $1.2M | 47.8% |
| 3 | $62.57 | 894 | $56K | 2.2% |
| 4 | $62.57 | 894 | $56K | 2.2% |
| Total | $62.19 avg | 40,000 | $2.5M | 100% |
| Filing → |
| SMTC | SELL | 2021-12-08 | $5.4M | — | Filing → |
| SMTC | SELL | 2021-07-16 | $3.9M | — | Filing → |
| SMTC | SELL | 2021-07-16 | $1.3M | — | Filing → |