Jain Global LLC Has $11.90 Million Position in Semtech Corporation $SMTC

Jain Global LLC decreased its holdings in Semtech Corporation (NASDAQ:SMTC) by 21.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 166,501 shares of the semiconductor company’s stock after selling 44,491 shares during the period. Jain Global LLC’s holdings in Semtech were worth $11,896,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on SMTC shares. Robert W. Baird increased their price objective on Semtech from $70.00 to $88.00 and gave the stock an “outperform” 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 company a “buy” rating in a report on Tuesday, November 25th. Roth Mkm boosted their price target on shares of Semtech from $65.00 to $77.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Wall Street Zen lowered shares of Semtech from a “strong-buy” rating to a “buy” rating in a report on Monday, January 26th. Finally, Piper Sandler reissued an “overweight” rating and issued a $95.00 target price (up from $70.00) on shares of Semtech in a report on Thursday, December 11th. Fourteen investment 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.43.

Semtech Price Performance

SMTC opened at $89.00 on Tuesday. Semtech Corporation has a one year low of $24.05 and a one year high of $96.46. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.43 and a quick ratio of 1.71. The company’s 50 day simple moving average is $83.98 and its 200-day simple moving average is $74.08. The stock has a market capitalization of $8.24 billion, a P/E ratio of 287.10 and a beta of 1.99.

Semtech (NASDAQ:SMTC) last posted its quarterly earnings data on Monday, March 16th. The semiconductor company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.01. Semtech had a net margin of 2.77% and a return on equity of 17.00%. The firm had revenue of $274.40 million during the quarter, compared to analysts’ expectations of $273.14 million. During the same quarter in the previous year, the company posted $0.40 EPS. Semtech’s revenue was up 9.3% on a year-over-year basis. Sell-side analysts anticipate that Semtech Corporation will post -0.02 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Paul V. Walsh, Jr. sold 500 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $78.25, for a total value of $39,125.00. Following the transaction, the director owned 25,279 shares in the company, valued at $1,978,081.75. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregory Michael Fischer sold 1,034 shares of Semtech stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $75.50, for a total value of $78,067.00. Following the completion of the sale, the director owned 2,857 shares of the company’s stock, valued at approximately $215,703.50. The trade was a 26.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 40,191 shares of company stock worth $3,361,412. 0.48% of the stock is currently owned by company insiders.

Semtech News Summary

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Beat on the quarter — Semtech reported $0.44 EPS vs. $0.43 expected and revenue of $274.4M, slightly topping consensus. The narrow beat is driving positive sentiment on execution. Semtech (SMTC) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Record sales and margin improvement — the company posted record quarterly net sales and better margins, supporting near-term revenue strength and profitability trends. Semtech Posts Record Quarterly Sales Amid Improved Margins
• Positive Sentiment: New product adds growth optionality — Semtech unveiled a 224Gbps IC family targeting linear optics, which could expand addressable markets in high‑speed connectivity. Semtech Launches 224Gbps IC Family for Linear Optics Era
• Neutral Sentiment: Company materials and call available — press release, slide deck and conference call were published for investors to dig into details; these provide context but didn’t change the headline beat materially. Semtech Announces Fourth Quarter and Fiscal Year 2026 Results
• Neutral Sentiment: Third‑party takes mixed — Morgan Stanley raised its price target to $85 but kept an “equal weight” rating, signaling limited upside from their view despite the PT bump. Benzinga
• Negative Sentiment: Some knee‑jerk selling — at least one note observed the stock dipping after the print, suggesting traders who expected a larger beat or clearer guidance rotated out. That short-term volatility pressured shares despite the beat. Semtech Stock Slides On Q4 Earnings
• Negative Sentiment: Valuation and forward uncertainty — Semtech’s trailing P/E is elevated and some sell‑side forecasts remain cautious (the group expects FY EPS headwinds), which can cap multiple expansion despite the quarter. Semtech (SMTC) Reports Q4 Earnings: What Key Metrics Have to Say

Semtech Profile

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.