Lisanti Capital Growth LLC Sells 6,400 Shares of Semtech Corporation $SMTC

Posted by Brenda Bartman on May 24th, 2026

Lisanti Capital Growth LLC lowered its position in Semtech Corporation (NASDAQ:SMTC – Free Report) by 10.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 54,040 shares of the semiconductor company’s stock after selling 6,400 shares during the period. Lisanti Capital Growth LLC’s holdings in Semtech were worth $3,982,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Evergreen Capital Management LLC increased its position in shares of Semtech by 2.3% in the 4th quarter. Evergreen Capital Management LLC now owns 5,945 shares of the semiconductor company’s stock valued at $438,000 after buying an additional 136 shares in the last quarter. Stephens Inc. AR increased its position in shares of Semtech by 3.3% in the 4th quarter. Stephens Inc. AR now owns 4,410 shares of the semiconductor company’s stock valued at $325,000 after buying an additional 142 shares in the last quarter. Journey Strategic Wealth LLC increased its position in shares of Semtech by 3.2% in the 3rd quarter. Journey Strategic Wealth LLC now owns 5,074 shares of the semiconductor company’s stock valued at $363,000 after buying an additional 159 shares in the last quarter. AlphaQuest LLC increased its position in shares of Semtech by 42.5% in the 3rd quarter. AlphaQuest LLC now owns 580 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 173 shares in the last quarter. Finally, Archer Investment Corp increased its position in shares of Semtech by 7.3% in the 4th quarter. Archer Investment Corp now owns 2,683 shares of the semiconductor company’s stock valued at $198,000 after buying an additional 182 shares in the last quarter.

Wall Street Analyst Weigh In

SMTC has been the subject of a number of recent analyst reports. Benchmark upped their price objective on shares of Semtech from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Wall Street Zen cut Semtech from a “strong-buy” rating to a “buy” rating in a report on Monday, January 26th. Needham & Company LLC increased their target price on Semtech from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, March 17th. UBS Group increased their target price on Semtech from $105.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Oppenheimer increased their target price on Semtech from $110.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday. Fourteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $113.50.

Check Out Our Latest Analysis on Semtech

Semtech Price Performance

SMTC stock opened at $156.78 on Friday. The stock has a 50-day moving average price of $100.99 and a two-hundred day moving average price of $86.11. The stock has a market cap of $14.60 billion, a PE ratio of -356.32 and a beta of 2.22. The company has a current ratio of 2.37, a quick ratio of 1.66 and a debt-to-equity ratio of 0.89. Semtech Corporation has a 1 year low of $34.59 and a 1 year high of $164.48.

Semtech (NASDAQ:SMTC – Get Free Report) last released its earnings results on Monday, March 16th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. The firm had revenue of $274.40 million during the quarter, compared to analysts’ expectations of $273.14 million. Semtech had a positive return on equity of 18.09% and a negative net margin of 3.86%.The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS. Equities analysts forecast that Semtech Corporation will post 1.6 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Jason Elliot Green sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $81.73, for a total value of $612,975.00. Following the completion of the transaction, the executive vice president owned 8,811 shares in the company, valued at $720,123.03. This trade represents a 45.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Martin Burvill sold 2,500 shares of the firm’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $88.98, for a total value of $222,450.00. Following the completion of the transaction, the director owned 4,409 shares of the company’s stock, valued at $392,312.82. The trade was a 36.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 36,884 shares of company stock worth $3,069,245 over the last three months. Company insiders own 0.48% of the company’s stock.

Semtech Company Profile

(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.