Jason Elliot Green Sells 2,264 Shares of Semtech (NASDAQ:SMTC) Stock

Posted by on Jul 9th, 2026

Semtech Corporation (NASDAQ:SMTC – Get Free Report) EVP Jason Elliot Green sold 2,264 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $129.90, for a total transaction of $294,093.60. Following the sale, the executive vice president owned 8,611 shares in the company, valued at $1,118,568.90. This represents a 20.82% decrease in their position. The transaction was disclosed in a document filed 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.

Semtech Trading Up 6.7%

Semtech stock traded up $8.66 during midday trading on Thursday, reaching $137.50. The stock had a trading volume of 2,856,428 shares, compared to its average volume of 2,752,707. The firm’s fifty day simple moving average is $146.24 and its two-hundred day simple moving average is $105.84. Semtech Corporation has a twelve month low of $46.02 and a twelve month high of $177.35. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.37 and a quick ratio of 1.62. The firm has a market cap of $12.81 billion, a price-to-earnings ratio of -352.56 and a beta of 2.31.

Semtech (NASDAQ:SMTC – Get Free Report) last posted its quarterly earnings data on Tuesday, May 26th. The semiconductor company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.06. Semtech had a negative net margin of 3.05% and a positive return on equity of 18.31%. The firm had revenue of $291.02 million for the quarter, compared to analysts’ expectations of $283.53 million. During the same period in the previous year, the company posted $0.38 EPS. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. Equities analysts anticipate that Semtech Corporation will post 1.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SMTC. Robert W. Baird upped their price target on Semtech from $110.00 to $225.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Morgan Stanley lifted their target price on Semtech from $155.00 to $175.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Oppenheimer set a $200.00 target price on Semtech in a report on Wednesday, May 27th. Citigroup lowered shares of Semtech from a “buy” rating to a “market perform” rating in a research report on Tuesday, May 26th. Finally, Mizuho set a $225.00 price target on shares of Semtech in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $189.07.

Check Out Our Latest Stock Analysis on SMTC

Institutional Trading of Semtech

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Semtech by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 11,858,352 shares of the semiconductor company’s stock valued at $873,842,000 after purchasing an additional 298,987 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Semtech by 3.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,373,744 shares of the semiconductor company’s stock valued at $526,861,000 after buying an additional 261,647 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Semtech by 13.9% in the 3rd quarter. Capital Research Global Investors now owns 4,691,676 shares of the semiconductor company’s stock valued at $335,220,000 after buying an additional 571,372 shares in the last quarter. State Street Corp increased its holdings in Semtech by 1.5% in the second quarter. State Street Corp now owns 4,037,107 shares of the semiconductor company’s stock worth $182,235,000 after buying an additional 60,788 shares during the last quarter. Finally, Whale Rock Capital Management LLC increased its holdings in Semtech by 11.3% in the fourth quarter. Whale Rock Capital Management LLC now owns 3,901,469 shares of the semiconductor company’s stock worth $287,499,000 after buying an additional 396,504 shares during 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.

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