Clearline Capital LP Has $49.94 Million Stock Position in Semtech Corporation $SMTC

Clearline Capital LP trimmed its holdings in shares of Semtech Corporation (NASDAQ:SMTC) by 10.9% in the third quarter, HoldingsChannel.com reports. The fund owned 698,935 shares of the semiconductor company’s stock after selling 85,597 shares during the period. Semtech makes up 2.3% of Clearline Capital LP’s investment portfolio, making the stock its largest position. Clearline Capital LP’s holdings in Semtech were worth $49,939,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SMTC. Hantz Financial Services Inc. increased its position in shares of Semtech by 243.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 508 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 360 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in shares of Semtech in the 3rd quarter worth about $41,000. AlphaQuest LLC grew its position in Semtech by 42.5% during the third quarter. AlphaQuest LLC now owns 580 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 173 shares during the period. Jones Financial Companies Lllp grew its position in Semtech by 65.5% during the third quarter. Jones Financial Companies Lllp now owns 594 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 235 shares during the period. Finally, Assetmark Inc. increased its holdings in Semtech by 1,745.5% during the third quarter. Assetmark Inc. now owns 609 shares of the semiconductor company’s stock worth $44,000 after buying an additional 576 shares during the last quarter.

Trending Headlines about Semtech

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Oppenheimer reaffirmed an “Outperform” rating and raised its view on Semtech, supporting bullish analyst momentum and helping sentiment for the stock. Oppenheimer Reaffirms Outperform
• Positive Sentiment: Semtech is showcasing high-speed data-center and AI interconnect demos (224G/448G and a live 1.6T demo) at OFC 2026 — a tangible product/roadmap catalyst tied to the AI/data-center end market. Semtech OFC 2026 Demos
• Neutral Sentiment: A Q4 2026 earnings preview highlights upcoming results as a near-term catalyst — earnings/guide could swing sentiment either way depending on execution vs. elevated expectations. Earnings Preview
• Neutral Sentiment: Market commentary asks whether it’s “too late” to buy after a ~155% one-year run — raises valuation/positioning questions that can temper further upside. Valuation Article
• Negative Sentiment: CFO Mark Lin has been selling multiple blocks in March (e.g., 2,734 shares on Mar 10 at ~$85.27 and 3,908 shares on Mar 11 at ~$87.24), trimming his position noticeably — insider sales can be perceived as a negative signal to investors. CFO Insider Sales
• Negative Sentiment: A shareholder notice/litigation solicitation alleges potential insider fiduciary breaches — even if preliminary, legal risk can pressure the stock and raise uncertainty. Shareholder Notice

Semtech Stock Up 1.7%

SMTC opened at $84.85 on Friday. Semtech Corporation has a 12 month low of $24.05 and a 12 month high of $96.46. The company has a market cap of $7.85 billion, a PE ratio of 273.71 and a beta of 1.99. The company has a current ratio of 2.43, a quick ratio of 1.71 and a debt-to-equity ratio of 0.87. The company has a 50 day moving average of $83.68 and a 200 day moving average of $73.77.

Insider Transactions at Semtech

In related news, Director Saar Gillai sold 3,600 shares of the stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $75.26, for a total transaction of $270,936.00. Following the sale, the director owned 9,523 shares of the company’s stock, valued at approximately $716,700.98. This represents a 27.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Asaf Silberstein sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $92.00, for a total value of $920,000.00. Following the completion of the transaction, the chief operating officer owned 68,496 shares of the company’s stock, valued at approximately $6,301,632. This represents a 12.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 40,191 shares of company stock valued at $3,361,412. 0.48% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

SMTC has been the topic of a number of research analyst reports. Roth Mkm boosted their target price on shares of Semtech from $65.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. B. Riley Financial lifted their price target on shares of Semtech from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Benchmark upped their price objective on Semtech from $85.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Semtech in a research report on Monday, December 29th. Finally, TD Cowen restated a “buy” rating on shares of Semtech in a research note on Tuesday, February 24th. Fourteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $84.14.

About Semtech

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.