Semtech Corp (NASDAQ: SMTC) is 43.58% higher on its value in year-to-date trading and has touched a low of $24.05 and a high of $79.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SMTC stock was last observed hovering at around $48.5 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $48.56, the stock is 11.66% and 22.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.92 million and changing 0.12% at the moment leaves the stock 5.69% off its SMA200. SMTC registered -21.49% loss for a year compared to 6-month loss of -28.05%. The firm has a 50-day simple moving average (SMA 50) of $39.6802 and a 200-day simple moving average (SMA200) of $45.94365.
The stock witnessed a 17.44% gain in the last 1 month and extending the period to 3 months gives it a 87.78%, and is 10.46% up 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 5.73% over the week and 4.49% over the month.
Semtech Corp (SMTC) has around 1838 employees, a market worth around $4.21B and $954.24M in sales. Fwd P/E is 22.64. Profit margin for the company is -12.52%. Distance from 52-week low is 101.91% and -38.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.56%).
The EPS is expected to grow by 88.66% this year
424.0 institutions hold shares in Semtech Corp (SMTC), with institutional investors hold 114.62% of the company’s shares. The shares outstanding are 86.62M, and float is at 85.60M with Short Float at 9.53%. Institutions hold 113.83% 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 13.1437 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 5.67 million shares representing 8.6841 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 999 shares of the company’s common stock on Jul 01 ’25 at a price of $43.84 per share for a total of $43792.0. Following the sale, the insider now owns 17211.0 shares.
Still, SEC filings show that on Jun 24 ’25, Silberstein Asaf (EVP and COO) disposed off 2,000 shares at an average price of $42.98 for $85970.0. The insider now directly holds 105,996 shares of Semtech Corp (SMTC).
