Key Points
- COO Asaf Silberstein sold 10,000 shares on Feb. 9 at an average price of $92 for $920,000, cutting his ownership by 12.74% to 68,496 shares (he also sold 5,000 shares on Jan. 22 at $83).
- Semtech beat recent quarterly expectations, reporting $0.48 EPS vs. $0.45 consensus and revenue of $266.97M (up 12.8% y/y), set Q4 2026 guidance of $0.40–$0.46 EPS, and currently trades near its 52‑week high with a market cap of ~$8.19B and a PE around 285.6.
- Analyst sentiment is broadly positive—14 Buys and 2 Holds give a consensus "Moderate Buy" with an average target of $79.21, and several firms have recently raised targets into the $80–$91 range.
Semtech Corporation (NASDAQ:SMTC - Get Free Report) COO Asaf Silberstein sold 10,000 shares of the company's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $92.00, for a total value of $920,000.00. Following the completion of the sale, the chief operating officer owned 68,496 shares of the company's stock, valued at $6,301,632. This trade represents a 12.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Asaf Silberstein also recently made the following trade(s):
- On Thursday, January 22nd, Asaf Silberstein sold 5,000 shares of Semtech stock. The shares were sold at an average price of $83.00, for a total value of $415,000.00.
Semtech Stock Performance
NASDAQ:SMTC opened at $88.53 on Thursday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.71 and a current ratio of 2.43. The stock has a 50-day simple moving average of $78.23 and a two-hundred day simple moving average of $68.19. The firm has a market capitalization of $8.19 billion, a PE ratio of 285.58 and a beta of 2.01. Semtech Corporation has a 52-week low of $24.05 and a 52-week high of $92.50.
Semtech (NASDAQ:SMTC - Get Free Report) last posted its quarterly earnings data on Monday, November 24th. The semiconductor company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. Semtech had a return on equity of 17.00% and a net margin of 2.77%.The firm had revenue of $266.97 million for the quarter, compared to the consensus estimate of $266.36 million. During the same quarter last year, the company earned $0.26 earnings per share. The business's revenue for the quarter was up 12.8% compared to the same quarter last year. Semtech has set its Q4 2026 guidance at 0.400-0.460 EPS. Analysts forecast that Semtech Corporation will post -0.02 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on SMTC. Susquehanna upped their price target on shares of Semtech from $65.00 to $80.00 and gave the stock a "positive" rating in a research report on Tuesday, November 18th. Stifel Nicolaus lifted their target price on shares of Semtech from $80.00 to $90.00 and gave the company a "buy" rating in a research note on Friday, January 16th. Wall Street Zen downgraded shares of Semtech from a "strong-buy" rating to a "buy" rating in a report on Monday, January 26th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Semtech in a research note on Monday, December 29th. Finally, B. Riley Financial raised their price target on Semtech from $90.00 to $91.00 and gave the company a "buy" rating in a report on Tuesday, November 25th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Semtech has a consensus rating of "Moderate Buy" and an average target price of $79.21.
Check Out Our Latest Research Report on SMTC
Hedge Funds Weigh In On Semtech
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Hodges Capital Management Inc. grew its stake in Semtech by 27.2% during the fourth quarter. Hodges Capital Management Inc. now owns 82,323 shares of the semiconductor company's stock valued at $6,066,000 after acquiring an additional 17,602 shares in the last quarter. Illinois Municipal Retirement Fund boosted its holdings in shares of Semtech by 2.8% during the 4th quarter. Illinois Municipal Retirement Fund now owns 43,806 shares of the semiconductor company's stock valued at $3,228,000 after purchasing an additional 1,202 shares during the last quarter. GW&K Investment Management LLC boosted its holdings in shares of Semtech by 8.7% during the 4th quarter. GW&K Investment Management LLC now owns 412,569 shares of the semiconductor company's stock valued at $30,402,000 after purchasing an additional 32,939 shares during the last quarter. Cerity Partners LLC purchased a new position in shares of Semtech during the fourth quarter valued at about $584,000. Finally, LPL Financial LLC increased its holdings in shares of Semtech by 16.6% in the fourth quarter. LPL Financial LLC now owns 26,591 shares of the semiconductor company's stock worth $1,959,000 after purchasing an additional 3,781 shares during the last quarter.
Semtech Company Profile
(
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.
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