Janus Henderson Group PLC Purchases 5,699 Shares of Semtech Corporation $SMTC

Posted by Stanley Muller on Aug 7th, 2026

Janus Henderson Group PLC grew its position in shares of Semtech Corporation (NASDAQ:SMTC – Free Report) by 10.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,443 shares of the semiconductor company’s stock after buying an additional 5,699 shares during the period. Janus Henderson Group PLC owned 0.07% of Semtech worth $4,723,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SMTC. Banque Cantonale Vaudoise purchased a new stake in Semtech during the first quarter valued at about $33,000. IFP Advisors Inc purchased a new position in shares of Semtech in the fourth quarter worth about $53,000. Sound Income Strategies LLC bought a new stake in shares of Semtech in the fourth quarter valued at approximately $60,000. NewEdge Advisors LLC raised its position in shares of Semtech by 1,215.4% in the third quarter. NewEdge Advisors LLC now owns 855 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 790 shares during the period. Finally, Hantz Financial Services Inc. lifted its stake in shares of Semtech by 90.0% during the 4th quarter. Hantz Financial Services Inc. now owns 965 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 457 shares in the last quarter.

Insiders Place Their Bets

In other Semtech news, EVP Jason Elliot Green sold 2,264 shares of Semtech 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 completion of the sale, the executive vice president directly owned 8,611 shares in the company, 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 SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark Lin sold 970 shares of the business’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 transaction of $145,897.70. Following the completion of the transaction, the chief financial officer directly owned 34,896 shares of the company’s stock, valued at approximately $5,248,707.36. This represents a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 22,234 shares of company stock valued at $3,203,091 over the last three months. Corporate insiders own 0.44% of the company’s stock.

Semtech Price Performance

NASDAQ:SMTC opened at $134.78 on Friday. Semtech Corporation has a 52-week low of $46.02 and a 52-week high of $177.35. The stock has a fifty day moving average of $143.35 and a 200 day moving average of $113.49. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.62 and a current ratio of 2.37. The firm has a market capitalization of $12.55 billion, a price-to-earnings ratio of -345.59 and a beta of 2.35.

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

Analysts Set New Price Targets

Several research analysts recently commented on the stock. UBS Group raised their price objective on shares of Semtech from $165.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Robert W. Baird boosted their target price on shares of Semtech from $110.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Benchmark increased their target price on Semtech from $120.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price target on shares of Semtech in a report on Monday, July 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Semtech in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Semtech currently has an average rating of “Moderate Buy” and a consensus target price of $189.07.

View Our Latest Analysis on Semtech

Semtech 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.