Mark Lin Sells 6,582 Shares of Semtech (NASDAQ:SMTC) Stock

Semtech Corporation (NASDAQ:SMTC) CFO Mark Lin sold 6,582 shares of Semtech stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $83.75, for a total value of $551,242.50. Following the sale, the chief financial officer owned 22,125 shares in the company, valued at $1,852,968.75. This trade represents a 22.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through 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 shares were sold at an average price of $76.20, for a total value of $101,574.60.

Semtech Trading Up 2.9%

SMTC opened at $87.58 on Wednesday. The business’s 50 day moving average is $83.05 and its two-hundred day moving average is $73.27. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of 282.52 and a beta of 1.99. Semtech Corporation has a 52 week low of $24.05 and a 52 week high of $96.46. The company has a quick ratio of 1.71, a current ratio of 2.43 and a debt-to-equity ratio of 0.87.

Hedge Funds Weigh In On Semtech

A number of institutional investors and hedge funds have recently bought and sold shares of SMTC. Hantz Financial Services Inc. raised its stake in shares of Semtech by 243.2% during the third quarter. Hantz Financial Services Inc. now owns 508 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 360 shares during the period. Salomon & Ludwin LLC purchased a new position in shares of Semtech in the third quarter valued at $41,000. AlphaQuest LLC grew its holdings in Semtech by 42.5% during the 3rd quarter. AlphaQuest LLC now owns 580 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 173 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Semtech by 65.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 594 shares of the semiconductor company’s stock worth $42,000 after buying an additional 235 shares during the period. Finally, Assetmark Inc. lifted its holdings in Semtech by 1,745.5% in the 3rd quarter. Assetmark Inc. now owns 609 shares of the semiconductor company’s stock worth $44,000 after buying an additional 576 shares in the last quarter.

Key Headlines Impacting Semtech

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: New product: Semtech launched the FX86E 5G RedCap modem targeting industrial IoT — a plug-and-play modem that supports 5G RedCap, 4G/LTE and public/private networks and could expand addressable module and connectivity revenue. Semtech Launches 5G RedCap Modem for Industrial IoT
• Positive Sentiment: AI/video partnership: Semtech partnered with Digital Barriers to deliver an integrated device-to-cloud AI-powered video-compression solution for cellular surveillance — a turnkey offering that can drive module sales and recurring connectivity/service revenue. Semtech Partners with Digital Barriers to Launch AI-Powered Video Compression
• Positive Sentiment: Analyst upgrades: Multiple firms have raised price targets (e.g., Susquehanna and Oppenheimer moving targets toward $100), signaling renewed analyst conviction and giving the stock visible upside from current levels. Benzinga
• Positive Sentiment: Wall Street narrative: Media coverage is grouping Semtech with AI-infrastructure beneficiaries, highlighting its data-center and AI exposure — a thematic tailwind that can attract momentum and re-rating if growth continues. Micron, Oracle and Semtech Are Getting Fresh Wall Street Attention as AI Infrastructure Demand Surges
• Neutral Sentiment: Technical & valuation context: SMTC is trading above its 50- and 200-day moving averages and shows strong institutional ownership, but carries a high P/E that prices in growth — positive for momentum, but increases sensitivity to execution and macro risks.
• Negative Sentiment: Insider selling: CFO Mark Lin sold 6,582 shares (disclosed in an SEC Form 4), reducing his stake by ~23%, which some investors interpret as a cautionary signal despite the company’s positive newsflow. SEC Form 4

Wall Street Analysts Forecast Growth

A number of research firms have commented on SMTC. Piper Sandler reissued an “overweight” rating and issued a $95.00 target price (up from $70.00) on shares of Semtech in a report on Thursday, December 11th. Stifel Nicolaus boosted their price objective on shares of Semtech from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Benchmark upped their price objective on shares of Semtech from $85.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Semtech in a research note on Monday, December 29th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $100.00 price objective (up from $81.00) on shares of Semtech in a research note on Tuesday. Fourteen research 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, Semtech currently has an average rating of “Moderate Buy” and a consensus target price of $84.14.

Semtech Company Profile

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.