4,208 Shares in Semtech Corporation $SMTC Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in shares of Semtech Corporation (NASDAQ:SMTC) in the 4th quarter, Holdings Channel.com reports. The fund acquired 4,208 shares of the semiconductor company’s stock, valued at approximately $310,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in Semtech by 90.0% during the fourth quarter. Hantz Financial Services Inc. now owns 965 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 457 shares during the period. Mizuho Markets Americas LLC purchased a new position in Semtech during the fourth quarter valued at $6,240,000. Legato Capital Management LLC lifted its position in Semtech by 48.9% during the fourth quarter. Legato Capital Management LLC now owns 38,835 shares of the semiconductor company’s stock valued at $2,862,000 after buying an additional 12,759 shares during the period. Global Retirement Partners LLC lifted its position in Semtech by 9,878.9% during the fourth quarter. Global Retirement Partners LLC now owns 3,792 shares of the semiconductor company’s stock valued at $279,000 after buying an additional 3,754 shares during the period. Finally, Leonteq Securities AG purchased a new position in Semtech during the fourth quarter valued at $78,000.

Insider Transactions at Semtech

In other Semtech news, Director Paul V. Walsh, Jr. sold 500 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $138.21, for a total value of $69,105.00. Following the completion of the transaction, the director owned 23,279 shares of the company’s stock, valued at approximately $3,217,390.59. The trade was a 2.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Martin Burvill sold 2,500 shares of the business’s stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $88.98, for a total value of $222,450.00. Following the completion of the transaction, the director directly owned 4,409 shares of the company’s stock, valued at approximately $392,312.82. This trade represents a 36.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 36,884 shares of company stock worth $3,069,245 over the last quarter. Corporate insiders own 0.48% of the company’s stock.

More Semtech News

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Semtech posted better-than-expected Q1 results, with EPS of $0.51 topping estimates of $0.45 and revenue of $291 million beating expectations, driven by strong demand in data center and infrastructure markets. Semtech’s Explosive Rally May Only Be Getting Started
• Positive Sentiment: The company issued Q2 revenue guidance above expectations and signaled continued momentum, especially in data center growth, which investors see as a major driver of future upside. Semtech forecasts $328M Q2 revenue as it targets 35 percent sequential data center growth
• Positive Sentiment: Several analysts raised price targets after the earnings beat, including B. Riley to $210, Needham to $200, and UBS/Baird to $225, reinforcing confidence in Semtech’s growth outlook. Semtech Stock Gains After Q1 Results Beat Estimates, Analysts Raise Price Targets
• Positive Sentiment: Analysts highlighted accelerating demand in data center and optical products, plus design wins and backlog that could support faster growth ahead. SMTC Q1 Earnings Call Flags Faster Data Center Growth
• Neutral Sentiment: Short interest data showed no meaningful positioning change, so it does not appear to be a major driver of the stock’s move. Semtech’s Explosive Rally May Only Be Getting Started

Semtech Price Performance

SMTC opened at $166.33 on Friday. The stock has a 50-day moving average price of $107.16 and a 200-day moving average price of $88.86. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.37 and a quick ratio of 1.66. The firm has a market cap of $15.49 billion, a PE ratio of -426.49 and a beta of 2.22. Semtech Corporation has a 1 year low of $34.59 and a 1 year high of $172.35.

Semtech (NASDAQ:SMTC) last posted its quarterly earnings results on Tuesday, May 26th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.06. The firm had revenue of $291.00 million during the quarter, compared to analyst estimates of $283.53 million. Semtech had a positive return on equity of 18.31% and a negative net margin of 3.05%.Semtech’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 EPS. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. Sell-side analysts predict that Semtech Corporation will post 1.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Stifel Nicolaus raised their price objective on Semtech from $157.00 to $188.00 and gave the company a “buy” rating in a research report on Wednesday. B. Riley Financial raised their price objective on Semtech from $165.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday. Mizuho set a $225.00 price objective on Semtech in a research report on Wednesday. UBS Group lifted their price objective on Semtech from $165.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley lifted their price objective on Semtech from $155.00 to $175.00 and gave the company an “equal weight” rating in a research note on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $179.73.

About Semtech

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.