Semtech Corp (NASDAQ: SMTC) is -58.19% lower on its value in year-to-date trading and has touched a low of $25.17 and a high of $79.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SMTC stock was last observed hovering at around $28.31 in the last trading session, with the day’s loss setting it -2.45%.
Currently trading at $25.86, the stock is -27.66% and -36.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.08 million and changing -8.65% at the moment leaves the stock -42.88% off its SMA200. SMTC registered -20.53% loss for a year compared to 6-month loss of -37.96%. The firm has a 50-day simple moving average (SMA 50) of $40.8608 and a 200-day simple moving average (SMA200) of $45.27165.
The stock witnessed a -17.75% gain in the last 1 month and extending the period to 3 months gives it a -61.68%, and is -25.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.60% over the week and 8.19% over the month.
Semtech Corp (SMTC) has around 1838 employees, a market worth around $2.24B and $909.28M in sales. Fwd P/E is 11.76. Profit margin for the company is -17.81%. Distance from 52-week low is 2.74% and -67.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.18%).
with sales reaching $250.09M over the same period.The EPS is expected to grow by 90.00% this year, but quarterly earnings will post 13.94% year-over-year. Quarterly sales are estimated to grow 21.34% in year-over-year returns.
Semtech Corp (SMTC) Top Institutional Holders
471.0 institutions hold shares in Semtech Corp (SMTC), with institutional investors hold 114.30% of the company’s shares. The shares outstanding are 86.27M, and float is at 85.51M with Short Float at 7.51%. Institutions hold 113.04% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.19 million shares valued at $304.46 million. The investor’s holdings represent 15.6087% of the SMTC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.58 million shares valued at $256.38 million to account for 13.301 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 5.67 million shares representing 8.7881% and valued at over $169.39 million, while ALLIANCEBERNSTEIN L.P. holds 7.4212 of the shares totaling 4.84 million with a market value of $144.76 million.
Semtech Corp (SMTC) Insider Activity
The most recent transaction is an insider sale by Lin Mark, the company’s EVP and CFO. SEC filings show that Lin Mark sold 1,013 shares of the company’s common stock on Apr 01 ’25 at a price of $34.44 per share for a total of $34890.0. Following the sale, the insider now owns 14114.0 shares.
Still, SEC filings show that on Mar 27 ’25, Lin Mark (EVP and CFO) disposed off 2,907 shares at an average price of $37.71 for $0.11 million. The insider now directly holds 13,481 shares of Semtech Corp (SMTC).
