Sivers Semiconductors Soars on ALL.SPACE Deal and SpaceX Mania, Yet Insider Sales and an Insider-Trading Probe Cloud the Outlook
13.06.2026 - 07:44:49 | boerse-global.de
Sivers Semiconductors has caught a powerful dual tailwind in recent weeks. The Swedish chip developer announced a $8.2 million production order with ALL.SPACE, a satellite-terminal maker that is itself being acquired by York Space Systems. Starting in 2027, Sivers will deliver components for satellite communications terminals in what marks its shift to mass production. That news arrived as the broader space sector was electrified by SpaceX’s historic valuation of around $1.8 trillion, drawing fresh capital into satellite-component suppliers. The combination sent Sivers’ stock to as high as €8.38 on Friday, a one-day jump of more than 9%.
The rally has been nothing short of explosive. Over the past four weeks, the shares have surged roughly 62%, with the latest leg amplified by a short squeeze. Nordea dramatically raised stock-lending fees, forcing short-sellers to cover their positions hurriedly. Yet beneath the surface, the picture is far from uniformly bright. The annualized volatility has hit a staggering 242%, and while the Relative Strength Index sits at about 61 — still short of overbought territory — the stock now trades well above its 50-day moving average, setting the stage for sharp swings.
Investor enthusiasm is being tempered by a series of troubling signals from inside the company. Swedish authorities have opened an investigation into possible illegal insider trading, examining unusual price moves ahead of a planned US initial public offering announced in April. Meanwhile, the research firm Ningi has challenged the credibility of nearly a third of Sivers’ reported 2025 revenues, and US law firms are already probing potential securities-law violations. Insider behavior has done little to calm nerves: Harish Krishnaswamy, who heads the wireless division, sold about 1.39 million shares in late May, and no insider has bought a single share in recent months.
Should investors sell immediately? Or is it worth buying Sivers Semiconductors?
The company’s annual general meeting on Monday adds another layer of uncertainty. Management is seeking approval for a secondary listing on the Nasdaq, a move that would require a substantial capital increase of up to 53.8 million new shares — diluting existing shareholders by roughly 15%. The board is also undergoing a shake-up, with three directors departing and two new candidates standing for election. At the same time, the first-quarter results showed a 22% drop in revenue, putting pressure on the company to demonstrate that the pipeline growth reported recently can translate into actual profit.
Institutional confidence, however, remains a supporting pillar. The Finserve Micro Cap Fund named Sivers its top performer in May, with the position delivering an 81% gain. Fund manager Joakim Stenberg has maintained an overweight stance, helping to keep the stock visible to a broader investor base. That vote of confidence has cushioned the decline that might otherwise have accompanied the negative headlines.
Technically, the next key level lies at the year-to-date high of €10.23, set on June 3. A clean break above that resistance would open the path higher, but a failure risks a consolidation at these elevated levels. With the AGM vote imminent and the next quarterly report not due until August 6, 2026, the coming days will test whether the rally can withstand the gathering headwinds from regulators, short-sellers, and a management team that has yet to fully reassure the market.
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Sivers Semiconductors Stock: New Analysis - 13 June
Fresh Sivers Semiconductors information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
