$SMTC

Fischer Gregory Michael sold $234K of SMTC

Fischer Gregory Michael sold 1,500 shares of SEMTECH CORP (SMTC) at $156.24 ($0.23M total) on 2026-06-30 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Fischer Gregory Michael
Published Jul 2, 2026, 4:00 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 6, 2026, 7:43 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$SMTC
Neutral
high confidence
Mentioned
$SMTC
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SMTCNeutralLow
01

Why it matters

The disclosed fact is the sale size, price, and post-transaction holdings. Without any accompanying guidance, contract, litigation, or operational update, the trading implication is mainly sentiment/positioning rather than a new fundamental catalyst.

02

Market read

A routine 10b5-1 insider sale is disclosed, with limited expected impact on valuation absent other company-specific news.

03

What to watch

The article does not state whether the sale was part of broader diversification, tax planning, or other non-informational motives, which can reduce signal quality.

Relevance 3/10Novelty 3/10Timing: Filed 2026-07-02, transaction dated 2026-06-30.

Background

The article is a primary-source SEC Form 4 disclosure of an insider open-market sale by a Semtech director under a pre-arranged 10b5-1 plan.

Company-level read

Ticker impact

$SMTCNeutralHigh confidence
Context

Semtech director Fischer Gregory Michael sold 1,500 shares at $156.24 under a pre-arranged 10b5-1 plan, disclosing $234,360 proceeds.

Expected impact

Low near-term impact; any reaction is likely limited to sentiment/flow optics rather than fundamentals.

Evidence & confidence

The filing is a Form 4 insider transaction with a stated pre-arranged 10b5-1 plan, and the article provides no accompanying company-specific negative or positive operational news.

Market effects

Minimal; single insider sale does not change sector fundamentals.

None indicated.

None indicated.

Counterpoint

Even with a 10b5-1 plan, repeated insider selling can coincide with private concerns; traders may still watch for follow-on sales or changes in insider behavior.

Key entities

  • SEMTECH CORP

    Company whose director insider sale is disclosed on Form 4 (SMTC).

  • Fischer Gregory Michael

    Director who sold 1,500 shares at $156.24 on 2026-06-30 under a 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$SMTCHigh

Why Are Semtech (SMTC) Shares Soaring Today

Semtech (SMTC) shares rose 5.1% after Oppenheimer raised its price target to $225, citing strong AI data center demand. The stock closed at $183.90, up 3.1%. Oppenheimer expects data center sales to exceed 40% of revenue. Semtech's shares are up 148% year-to-date, reaching a 52-week high.

$SMTCHigh

Why Semtech (SMTC) Stock Is Up Today

Semtech (SMTC) stock rose 2.8% in premarket trading after analyst Jay Goldberg initiated coverage with a Buy rating and $200 price target, citing demand for AI data-center infrastructure. Goldberg noted Semtech's shift to optical solutions could drive growth through 2028. Shares later cooled to $178.25, up 2.1%. Semtech's shares are up 137% year-to-date.

$SMTCMed

Why Is Semtech Stock (SMTC) Up Over 10% Today?

Semtech (SMTC) stock rose 10.59% after introducing the TDS2621LP chip for 24-volt power lines in robots and smart factories. The chip protects against power surges and is in full production. Analysts rate the stock as Strong Buy with a $211.07 price target, implying 26.22% upside.

$SMTCMed

What Is Semtech (SMTC) Signaling With Its New AI And Fiber Products?

Semtech (SMTC) introduced new products, including a 10G PON chipset for fiber broadband and a 224G TIA/driver family for AI/ML data centers. The company aims to address market demand for faster connectivity and AI infrastructure, with potential risks related to integration and margins. Investors should watch for design wins and production milestones.

$SMTCHigh

Semtech (SMTC) Shares Skyrocket, What You Need To Know

Semtech (SMTC) shares rose 9.8% after introducing a new surge protection device for industrial robotics. The company cited growth in semiconductor, optical networking, and AI data center operations. SMTC is up 123% YTD, trading near its 52-week high. Recent volatility includes a 10.4% drop due to AI safety concerns.