Quantbot Technologies LP Makes New Investment in Semtech Corporation $SMTC

Quantbot Technologies LP purchased a new stake in Semtech Corporation (NASDAQ:SMTC) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 7,501 shares of the semiconductor company’s stock, valued at approximately $1,214,000.

Other large investors also recently made changes to their positions in the company. FNY Investment Advisers LLC lifted its stake in Semtech by 900.0% during the second quarter. FNY Investment Advisers LLC now owns 200 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 180 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Semtech in the second quarter worth approximately $32,000. Banque Cantonale Vaudoise acquired a new stake in shares of Semtech during the 1st quarter valued at $33,000. IFP Advisors Inc acquired a new stake in shares of Semtech during the fourth quarter worth $53,000. Finally, Allworth Financial LP purchased a new stake in shares of Semtech during the second quarter valued at $55,000.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SMTC shares. Northland Securities lowered Semtech from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Roth Capital upped their price objective on shares of Semtech from $102.00 to $190.00 and gave the company a “buy” rating in a research note on Monday. Zacks Research cut shares of Semtech from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Semtech in a research report on Thursday, June 18th. Finally, Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Semtech in a report on Friday, August 14th. Fourteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $198.00.

Insider Buying and Selling at Semtech

In related news, Director Paul V. Walsh, Jr. sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $164.99, for a total value of $82,495.00. Following the completion of the sale, the director owned 28,100 shares of the company’s stock, valued at approximately $4,636,219. The trade was a 1.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Asaf Silberstein sold 8,500 shares of the stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $127.80, for a total value of $1,086,300.00. Following the completion of the transaction, the chief operating officer owned 96,862 shares in the company, valued at $12,378,963.60. This represents a 8.07% 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 21,734 shares of company stock worth $3,133,986 over the last quarter. Insiders own 0.44% of the company’s stock.

Trending Headlines about Semtech

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Quarterly results topped expectations. Semtech reported adjusted earnings of $0.71 per share, above the $0.61–$0.62 analyst consensus and up from $0.41 a year earlier. Revenue reached a record $341.9 million, 33% above the prior-year period and ahead of expectations. Semtech Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal Q3 guidance was far above consensus. Semtech forecast revenue of approximately $410 million, or $405 million to $415 million, versus the $359.3 million analyst estimate. Adjusted diluted EPS guidance of about $1.05, with a range of $1.02 to $1.08, also exceeded the roughly $0.69 consensus. Semtech Announces Second Quarter Fiscal 2027 Results
• Positive Sentiment: Profitability and cash generation improved. Gross margin was 53.8%, operating margin was 16.3%, operating cash flow was $68.9 million, and free cash flow was $61.4 million. Commentary highlighting AI-related demand, improving inventory levels, and continued growth expectations supported the bullish reaction. Semtech Posts Record Fiscal Q2 Sales
• Neutral Sentiment: Semtech is also hosting a LoRa ecosystem forum at the IOTE 2026 exhibition, which could provide additional updates on IoT adoption and product demand but is not yet a financial catalyst. Semtech Hosts LoRa Ecosystem Forum
• Negative Sentiment: Recent filings cited by market commentary show substantial insider selling and several institutional position reductions. These transactions may temper sentiment, although they are less significant than the earnings and guidance beat.

Semtech Trading Up 5.5%

NASDAQ SMTC opened at $127.52 on Wednesday. The company has a market capitalization of $11.88 billion, a PE ratio of -326.97 and a beta of 2.35. Semtech Corporation has a 1-year low of $53.62 and a 1-year high of $177.35. The company has a current ratio of 2.37, a quick ratio of 1.62 and a debt-to-equity ratio of 0.86. The firm’s fifty day simple moving average is $136.12 and its 200-day simple moving average is $118.21.

Semtech (NASDAQ:SMTC) last issued its earnings results on Tuesday, August 25th. The semiconductor company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.10. Semtech had a positive return on equity of 18.31% and a negative net margin of 3.05%.The firm had revenue of $341.90 million for the quarter, compared to the consensus estimate of $328.67 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The business’s quarterly revenue was up 32.7% compared to the same quarter last year. Semtech has set its Q3 2027 guidance at 1.020-1.080 EPS. As a group, sell-side analysts anticipate that Semtech Corporation will post 1.81 earnings per share for the current fiscal year.

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.