Quantbot Technologies LP Invests $1.21 Million in Semtech Corporation $SMTC

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

A number of other large investors also recently bought and sold shares of the business. Andar Capital Management HK Ltd acquired a new position in shares of Semtech during the second quarter valued at approximately $162,000,000. BlackRock Inc. acquired a new stake in shares of Semtech in the second quarter worth approximately $1,577,947,000. Think Investments LP purchased a new stake in shares of Semtech during the third quarter worth approximately $58,618,000. Ameriprise Financial Inc. increased its position in shares of Semtech by 10.3% during the second quarter. Ameriprise Financial Inc. now owns 7,112,097 shares of the semiconductor company’s stock worth $321,040,000 after purchasing an additional 666,456 shares in the last quarter. Finally, Atreides Management LP acquired a new position in Semtech in the 2nd quarter valued at $29,880,000.

Analysts Set New Price Targets

SMTC has been the topic of several recent research reports. BMO Capital Markets started coverage on shares of Semtech in a research note on Thursday, August 20th. They set an “outperform” rating and a $155.00 target price on the stock. Northland Securities downgraded shares of Semtech from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 26th. Stifel Nicolaus boosted their price target on shares of Semtech from $157.00 to $188.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Citigroup cut shares of Semtech from a “buy” rating to a “market perform” rating in a research note on Tuesday, May 26th. Finally, Roth Capital increased their price objective on shares of Semtech from $102.00 to $190.00 and gave the company a “buy” rating in a report on Monday. Fourteen analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Semtech presently has a consensus rating of “Moderate Buy” and an average target price of $198.00.

Insider Activity

In other Semtech news, insider John Michael Wilson sold 5,500 shares of Semtech stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $170.00, for a total value of $935,000.00. Following the sale, the insider owned 80,876 shares of the company’s stock, valued at approximately $13,748,920. The trade was a 6.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hong Q. Hou sold 2,000 shares of the stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $133.00, for a total transaction of $266,000.00. Following the completion of the transaction, the chief executive officer owned 64,799 shares of the company’s stock, valued at $8,618,267. This represents a 2.99% 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. Over the last 90 days, insiders have sold 21,734 shares of company stock valued at $3,133,986. Insiders own 0.44% of the company’s stock.

Semtech Stock Up 5.5%

Shares of NASDAQ:SMTC opened at $127.52 on Wednesday. The business has a 50-day moving average price of $136.12 and a 200 day moving average price of $118.21. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of -326.97 and a beta of 2.35. Semtech Corporation has a 12-month low of $53.62 and a 12-month 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.

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

More Semtech News

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 Company 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.