SMTC CEO Hong Hou sold 9,605 shares (9.6K) for $1,465,407.86 on 2026-06-29
Hong Q Hou, President and CEO of Semtech, executed 2 separate sales on 2026-06-29 totaling 9,605 shares for $1,465,407.86 at blended average price of $152.57, reducing his holdings by 13.1% from 73,220 to 63,615 shares. The transaction occurred when the stock was trading 17.1% below its 52-week high of $177.35 and has since declined 1.7% over the prior 30 days. At his prior SMTC sale on 2025-12-03, the stock subsequently rose 21.7% over 90 days, indicating that trade was not well-timed; this sale's timing pattern cannot be assessed yet but aligns with an overall 0% well-timed rate (0 of 1 prior SMTC sales) in the his track record. Semtech's fundamentals show strong revenue growth of 15.5% annually and recent quarterly revenue of $291.0M with net income of $26.6M, though the company reported negative full-year net income in its most recent fiscal year.