Director Peter Y Chung sold 43,268 shares (86.5% of holdings) of MTSI at $378.20 for $16.4M on 2026-05-14
Peter Y Chung divested 43,268 shares, reducing his holdings from 50,049 to 6,781 shares—a substantial 86.5% reduction of his prior position. The sale occurred at $378.20 per share during a period of strong price momentum (30-day change +28.6%, 90-day change +45.1%), though the stock remains 11.2% below its 52-week high of $401.24. Across his cross-ticker trading history, Chung's prior sells showed weak timing (average 90-day return +4.8%, well-timed rate 50%), suggesting his historical executions have been split between opportune and inopportune exits. The company's fundamentals present a mixed picture: quarterly revenue of $288,955,000 and quarterly net income of $46,331,000 are solid, with annual revenue growth of 32.6%, but the company was unprofitable on a full-year basis and trades at an elevated P/E of 153.56 on a $27.2B market cap. The scale of this director-level divestment—retaining only 6.8K shares—merits monitoring for signals about insider conviction, particularly given the company's profitability challenges despite strong recent revenue trajectory.