Key Points
- CFO Mark Lin sold 6,582 shares on March 6 at an average price of $83.75 for about $551,242, reducing his stake by ~22.9% to 22,125 shares per the SEC filing.
- Wall Street sentiment and company news are largely positive: multiple analysts have raised price targets (Susquehanna to $100) and the consensus is a "Moderate Buy" (14 Buys, 2 Holds), while product launches (the FX86E 5G RedCap modem) and an AI video‑compression partnership bolster Semtech's AI/data‑center growth narrative.
- Major institutional investors increased holdings (Vanguard, Ameriprise, Capital Research, State Street, Whale Rock), indicating substantial institutional inflows despite the insider sale.
Semtech Corporation (NASDAQ:SMTC - Get Free Report) CFO Mark Lin sold 6,582 shares of the company's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $83.75, for a total transaction of $551,242.50. Following the sale, the chief financial officer directly owned 22,125 shares in the company, valued at approximately $1,852,968.75. This trade represents a 22.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Mark Lin also recently made the following trade(s):
- On Monday, January 5th, Mark Lin sold 1,333 shares of Semtech stock. The stock was sold at an average price of $76.20, for a total transaction of $101,574.60.
Semtech Stock Performance
NASDAQ SMTC opened at $85.14 on Tuesday. The firm has a market cap of $7.88 billion, a P/E ratio of 274.65 and a beta of 1.99. The company has a quick ratio of 1.71, a current ratio of 2.43 and a debt-to-equity ratio of 0.87. The company's 50 day moving average is $82.80 and its 200-day moving average is $73.02. Semtech Corporation has a 12-month low of $24.05 and a 12-month high of $96.46.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the company. Stifel Nicolaus increased their target price on Semtech from $80.00 to $90.00 and gave the stock a "buy" rating in a research report on Friday, January 16th. Roth Mkm lifted their price target on Semtech from $65.00 to $77.00 and gave the company a "buy" rating in a research report on Tuesday, November 25th. Needham & Company LLC reiterated a "buy" rating and set a $80.00 price objective on shares of Semtech in a research note on Tuesday, November 25th. Susquehanna raised their target price on Semtech from $90.00 to $100.00 and gave the stock a "positive" rating in a research note on Monday. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Semtech in a report on Monday, December 29th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $82.79.
Get Our Latest Stock Analysis on SMTC
Semtech News Summary
Here are the key news stories impacting Semtech this week:
- Positive Sentiment: Semtech launched the FX86E 5G RedCap modem aimed at industrial IoT, offering plug-and-play 5G RedCap/4G/LTE connectivity for public and private networks — a product that could expand addressable markets and drive module volume. Semtech Launches 5G RedCap Modem for Industrial IoT
- Positive Sentiment: Semtech partnered with Digital Barriers to offer an integrated device-to-cloud AI-powered video compression solution for cellular surveillance and analytics — a turnkey offering that can increase module/content sales and recurring connectivity/service revenue. Semtech Partners with Digital Barriers to Launch AI-Powered Video Compression
- Positive Sentiment: Analyst sentiment is improving: Susquehanna bumped its price target from $90 to $100 and moved to a "positive" rating, signaling expected upside versus the current trading level. Benzinga
- Positive Sentiment: Media coverage highlights renewed Wall Street interest in Semtech as part of AI infrastructure plays, reinforcing investor attention on the company's exposure to accelerating AI and data-center related demand. Micron, Oracle and Semtech Are Getting Fresh Wall Street Attention as AI Infrastructure Demand Surges
- Positive Sentiment: Analysis pieces note Semtech’s shifting story toward AI data centers and integration wins (HieFo integration), supporting a re-rating narrative for the stock if execution continues. How The Semtech (SMTC) Story Is Shifting With AI Data Centers And HieFo Integration
- Neutral Sentiment: Technical and balance-sheet context: SMTC is trading above its 50-day ($82.80) and 200-day ($73.02) moving averages; market cap ~ $7.9B and a high P/E (~275) reflect growth expectations but also valuation risk if growth slows.
- Negative Sentiment: Insider selling: CFO Mark Lin sold 6,582 shares (about $551k) and reduced his stake by ~22.9% — a disclosure that can make some investors cautious despite company-level positives. SEC Form 4
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in SMTC. Vanguard Group Inc. raised its position in shares of Semtech by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 11,858,352 shares of the semiconductor company's stock worth $873,842,000 after buying an additional 298,987 shares in the last quarter. Ameriprise Financial Inc. grew its position in Semtech by 3.7% during the third quarter. Ameriprise Financial Inc. now owns 7,373,744 shares of the semiconductor company's stock worth $526,861,000 after buying an additional 261,647 shares in the last quarter. Capital Research Global Investors increased its stake in Semtech by 13.9% in the 3rd quarter. Capital Research Global Investors now owns 4,691,676 shares of the semiconductor company's stock worth $335,220,000 after acquiring an additional 571,372 shares during the last quarter. State Street Corp raised its holdings in shares of Semtech by 1.5% in the 2nd quarter. State Street Corp now owns 4,037,107 shares of the semiconductor company's stock valued at $182,235,000 after acquiring an additional 60,788 shares in the last quarter. Finally, Whale Rock Capital Management LLC raised its holdings in shares of Semtech by 11.3% in the 4th quarter. Whale Rock Capital Management LLC now owns 3,901,469 shares of the semiconductor company's stock valued at $287,499,000 after acquiring an additional 396,504 shares in the last quarter.
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.
Featured Stories
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].
