Militia Capital Management LLC Invests $2.31 Million in Semtech Corporation $SMTC

Posted by Francis Steltz on Jul 23rd, 2026

Militia Capital Management LLC purchased a new position in Semtech Corporation (NASDAQ:SMTC – Free Report) during the 1st quarter, HoldingsChannel reports. The firm purchased 30,000 shares of the semiconductor company’s stock, valued at approximately $2,307,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMTC. Banque Cantonale Vaudoise acquired a new stake in Semtech in the first quarter worth $33,000. IFP Advisors Inc bought a new stake in Semtech in the fourth quarter valued at $53,000. Smartleaf Asset Management LLC boosted its holdings in shares of Semtech by 24.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the semiconductor company’s stock valued at $57,000 after acquiring an additional 247 shares during the period. Sound Income Strategies LLC bought a new position in shares of Semtech during the fourth quarter worth about $60,000. Finally, NewEdge Advisors LLC grew its position in shares of Semtech by 1,215.4% during the third quarter. NewEdge Advisors LLC now owns 855 shares of the semiconductor company’s stock worth $61,000 after acquiring an additional 790 shares during the last quarter.

Semtech Price Performance

Shares of NASDAQ SMTC opened at $136.93 on Thursday. The stock has a market cap of $12.76 billion, a P/E ratio of -351.10 and a beta of 2.31. The firm’s 50-day simple moving average is $149.32 and its 200 day simple moving average is $109.97. Semtech Corporation has a fifty-two week low of $46.02 and a fifty-two week high of $177.35. The company has a quick ratio of 1.62, a current ratio of 2.37 and a debt-to-equity ratio of 0.86.

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

Analysts Set New Price Targets

Several brokerages recently weighed in on SMTC. Craig Hallum lifted their price objective on shares of Semtech from $105.00 to $205.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. UBS Group upped their target price on shares of Semtech from $165.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Stifel Nicolaus raised their price target on shares of Semtech from $157.00 to $188.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. TD Cowen lifted their price target on Semtech from $210.00 to $215.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Finally, Morgan Stanley boosted their price objective on Semtech from $155.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $189.07.

View Our Latest Research Report on SMTC

Insiders Place Their Bets

In related news, EVP Jason Elliot Green sold 2,264 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was 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 of the company’s stock, valued at $1,118,568.90. The trade was a 20.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark Lin sold 970 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $150.41, for a total value of $145,897.70. Following the completion of the sale, the chief financial officer owned 34,896 shares of the company’s stock, valued at $5,248,707.36. This trade represents a 2.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 22,234 shares of company stock valued at $3,203,091. 0.44% of the stock is currently owned by insiders.

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.