Insider Selling: Semtech (NASDAQ:SMTC) CFO Sells $145,897.70 in Stock

Posted by George Bondi on Jul 9th, 2026

Semtech Corporation (NASDAQ:SMTC – Get Free Report) CFO Mark Lin sold 970 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were 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 directly owned 34,896 shares in the company, valued at approximately $5,248,707.36. This represents a 2.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Semtech Stock Performance

Semtech stock opened at $128.84 on Thursday. 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 stock has a fifty day moving average price of $146.24 and a two-hundred day moving average price of $105.84. Semtech Corporation has a 52-week low of $45.24 and a 52-week high of $177.35. The firm has a market capitalization of $12.00 billion, a P/E ratio of -330.36 and a beta of 2.31.

Semtech (NASDAQ:SMTC – Get Free Report) last issued its quarterly earnings data 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. Semtech had a positive return on equity of 18.31% and a negative net margin of 3.05%.The company had revenue of $291.02 million during the quarter, compared to analysts’ expectations of $283.53 million. During the same period last year, the business earned $0.38 earnings per share. The business’s revenue was up 15.9% on a year-over-year basis. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. As a group, analysts anticipate that Semtech Corporation will post 1.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. bought a new position in Semtech in the 2nd quarter valued at $673,000. FNY Investment Advisers LLC boosted its holdings in Semtech by 900.0% in the second quarter. FNY Investment Advisers LLC now owns 200 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 180 shares during the last quarter. Avior Wealth Management LLC increased its position in Semtech by 18.7% in the second quarter. Avior Wealth Management LLC now owns 3,368 shares of the semiconductor company’s stock worth $545,000 after purchasing an additional 530 shares during the period. Harbor Investment Advisory LLC bought a new stake in Semtech during the 2nd quarter worth about $127,000. Finally, Militia Capital Management LLC acquired a new position in Semtech during the 1st quarter valued at about $2,307,000.

Wall Street Analyst Weigh In

Several brokerages have weighed in on SMTC. Stifel Nicolaus upped their price objective on shares of Semtech from $157.00 to $188.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Craig Hallum boosted their target price on Semtech from $105.00 to $205.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. TD Cowen increased their price target on Semtech from $210.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Robert W. Baird raised their price target on Semtech from $110.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Finally, Mizuho set a $225.00 price objective on Semtech in a research report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $189.07.

Read Our Latest Research Report on SMTC

About Semtech

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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.