Mohan Maheswaran, President and CEO at SEMTECH CORP (SMTC), sold 50,000 shares at $70.08 ($3.5M) on 2022-03-24, disclosed to the SEC on 2022-03-24.
Seasonal sale ($3.5M) by President and CEO — this insider has traded SMTC in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $70.08 | 22,495 | $1.6M | 45.0% |
| 2 | $70.08 | 22,495 | $1.6M | 45.0% |
| 3 | $70.63 | 2,505 | $177K | 5.0% |
| 4 | $70.63 | 2,505 | $177K | 5.0% |
| Total | $70.14 avg | 50,000 | $3.5M | 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 → |