Key Points
- Director Saar Gillai sold 3,600 Semtech shares on January 7 at an average price of $75.26 for proceeds of $270,936, leaving him with 9,523 shares — a reported 27.43% reduction in his ownership.
- Semtech recently beat quarterly EPS estimates ($0.48 vs. $0.45) with revenue of $266.97 million (+12.8% YoY) and set Q4 2026 guidance of $0.400–0.460 EPS, though analysts on average expect -$0.02 EPS for the current fiscal year.
- The shares trade near $77.79 with a market cap of about $7.2 billion and a high P/E (~250.9); the consensus from 17 analysts is a Moderate Buy with a $78.50 target.
Semtech Corporation (NASDAQ:SMTC - Get Free Report) Director Saar Gillai sold 3,600 shares of the company's stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $75.26, for a total value of $270,936.00. Following the completion of the sale, the director owned 9,523 shares in the company, valued at approximately $716,700.98. This represents a 27.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Semtech Price Performance
Shares of SMTC stock opened at $77.79 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.43 and a quick ratio of 1.71. The stock's fifty day simple moving average is $72.54 and its 200 day simple moving average is $62.63. Semtech Corporation has a one year low of $24.05 and a one year high of $81.32. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 250.94 and a beta of 2.01.
Semtech (NASDAQ:SMTC - Get Free Report) last issued its quarterly earnings data on Monday, November 24th. The semiconductor company reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. Semtech had a return on equity of 17.00% and a net margin of 2.77%.The company had revenue of $266.97 million during the quarter, compared to analysts' expectations of $266.36 million. During the same period last year, the business earned $0.26 earnings per share. The business's revenue was up 12.8% on a year-over-year basis. Semtech has set its Q4 2026 guidance at 0.400-0.460 EPS. On average, analysts expect that Semtech Corporation will post -0.02 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. Weiss Ratings restated a "hold (c-)" rating on shares of Semtech in a research report on Monday, December 29th. TD Cowen began coverage on Semtech in a report on Wednesday, October 1st. They issued a "buy" rating and a $75.00 price target for the company. UBS Group restated a "buy" rating on shares of Semtech in a research report on Tuesday, November 25th. Roth Capital boosted their target price on shares of Semtech from $65.00 to $77.00 and gave the stock a "buy" rating in a research note on Tuesday, November 25th. Finally, Robert W. Baird increased their price target on shares of Semtech from $70.00 to $88.00 and gave the company an "outperform" rating in a research note on Tuesday, November 25th. Fifteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $78.50.
Get Our Latest Research Report on SMTC
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Westfield Capital Management Co. LP increased its holdings in Semtech by 107.8% in the second quarter. Westfield Capital Management Co. LP now owns 2,747,260 shares of the semiconductor company's stock valued at $124,011,000 after purchasing an additional 1,424,909 shares during the last quarter. Think Investments LP acquired a new position in Semtech during the third quarter valued at approximately $58,618,000. Ameriprise Financial Inc. increased its stake in Semtech by 10.3% in the second quarter. Ameriprise Financial Inc. now owns 7,112,097 shares of the semiconductor company's stock valued at $321,040,000 after purchasing an additional 666,456 shares in the last quarter. Atreides Management LP acquired a new stake in Semtech in the second quarter worth $29,880,000. Finally, Hood River Capital Management LLC grew its holdings in shares of Semtech by 36.0% in the 2nd quarter. Hood River Capital Management LLC now owns 2,244,631 shares of the semiconductor company's stock valued at $101,323,000 after buying an additional 594,529 shares during the period.
About Semtech
(
Get Free Report)
Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company's products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech's portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.
A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
