New insider activity at Semtech ( (SMTC) ) has taken place on June 26, 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Executive Vice President and Chief Operating Officer Asaf Silberstein recently sold 2,000 shares of Semtech stock, amounting to a total transaction value of $85,970.
Recent Updates on SMTC stock
Semtech Corp. recently reported strong Q1 earnings, with net sales reaching $251.1 million, a 22% increase year-over-year, driven by significant growth in the data center and infrastructure segments. Despite challenges in the IoT systems hardware and consumer markets, the company improved its financial metrics, including a higher gross margin and reduced debt. Analysts have raised their price targets for Semtech, citing the company’s solid quarter performance and positive outlook, particularly in the active copper cables and linear optics sectors. However, some concerns remain due to a temporary demand gap in CopperEdge and expected fluctuations in LoRa sales.
Spark’s Take on SMTC Stock
According to Spark, TipRanks’ AI Analyst, SMTC is a Neutral.
Semtech’s overall stock score is impacted primarily by financial performance challenges, including high leverage and negative net income. Technical indicators provide moderate support, while valuation remains a concern due to negative profitability. The positive outlook from the latest earnings call, driven by strong segment growth, offers a counterbalance, highlighting potential for future improvement.
To see Spark’s full report on SMTC stock, click here.
More about Semtech
YTD Price Performance: -28.36%
Average Trading Volume: 2,323,378
Technical Sentiment Signal: Buy
Current Market Cap: $3.85B