Mark Lin Sells 3,908 Shares of Semtech (NASDAQ:SMTC) Stock

Semtech Corporation (NASDAQ:SMTC) CFO Mark Lin sold 3,908 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $87.24, for a total transaction of $340,933.92. Following the sale, the chief financial officer owned 26,536 shares in the company, valued at approximately $2,315,000.64. This trade represents a 12.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Mark Lin also recently made the following trade(s):

• On Tuesday, March 10th, Mark Lin sold 2,734 shares of Semtech stock. The shares were sold at an average price of $85.27, for a total value of $233,128.18.
• On Friday, March 6th, Mark Lin sold 6,582 shares of Semtech stock. The stock was sold at an average price of $83.75, for a total value of $551,242.50.
• On Monday, January 5th, Mark Lin sold 1,333 shares of Semtech stock. The stock was sold at an average price of $76.20, for a total value of $101,574.60.

Semtech Price Performance

Shares of NASDAQ:SMTC opened at $84.85 on Friday. The company has a market cap of $7.85 billion, a P/E ratio of 273.71 and a beta of 1.99. The company has a quick ratio of 1.71, a current ratio of 2.43 and a debt-to-equity ratio of 0.87. Semtech Corporation has a 52 week low of $24.05 and a 52 week high of $96.46. The business has a fifty day simple moving average of $83.68 and a 200-day simple moving average of $73.67.

Semtech News Roundup

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Oppenheimer reaffirmed an “Outperform” rating and raised its view on Semtech, supporting bullish analyst momentum and helping sentiment for the stock. Oppenheimer Reaffirms Outperform
• Positive Sentiment: Semtech is showcasing high-speed data-center and AI interconnect demos (224G/448G and a live 1.6T demo) at OFC 2026 — a tangible product/roadmap catalyst tied to the AI/data-center end market. Semtech OFC 2026 Demos
• Neutral Sentiment: A Q4 2026 earnings preview highlights upcoming results as a near-term catalyst — earnings/guide could swing sentiment either way depending on execution vs. elevated expectations. Earnings Preview
• Neutral Sentiment: Market commentary asks whether it’s “too late” to buy after a ~155% one-year run — raises valuation/positioning questions that can temper further upside. Valuation Article
• Negative Sentiment: CFO Mark Lin has been selling multiple blocks in March (e.g., 2,734 shares on Mar 10 at ~$85.27 and 3,908 shares on Mar 11 at ~$87.24), trimming his position noticeably — insider sales can be perceived as a negative signal to investors. CFO Insider Sales
• Negative Sentiment: A shareholder notice/litigation solicitation alleges potential insider fiduciary breaches — even if preliminary, legal risk can pressure the stock and raise uncertainty. Shareholder Notice

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SMTC. Vanguard Group Inc. grew its stake in Semtech by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 11,858,352 shares of the semiconductor company’s stock worth $873,842,000 after buying an additional 298,987 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Semtech by 3.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,373,744 shares of the semiconductor company’s stock valued at $526,861,000 after acquiring an additional 261,647 shares during the period. Capital Research Global Investors raised its stake in shares of Semtech by 13.9% in the 3rd quarter. Capital Research Global Investors now owns 4,691,676 shares of the semiconductor company’s stock valued at $335,220,000 after acquiring an additional 571,372 shares during the period. State Street Corp lifted its holdings in shares of Semtech by 1.5% during the 2nd quarter. State Street Corp now owns 4,037,107 shares of the semiconductor company’s stock valued at $182,235,000 after acquiring an additional 60,788 shares in the last quarter. Finally, Whale Rock Capital Management LLC lifted its holdings in shares of Semtech by 11.3% during the 4th quarter. Whale Rock Capital Management LLC now owns 3,901,469 shares of the semiconductor company’s stock valued at $287,499,000 after acquiring an additional 396,504 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have recently commented on SMTC. TD Cowen reaffirmed a “buy” rating on shares of Semtech in a research note on Tuesday, February 24th. Piper Sandler reissued an “overweight” rating and issued a $95.00 target price (up from $70.00) on shares of Semtech in a research report on Thursday, December 11th. Morgan Stanley set a $67.00 target price on shares of Semtech in a report on Tuesday, November 25th. UBS Group reaffirmed a “buy” rating on shares of Semtech in a research report on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Semtech in a research note on Monday, December 29th. Fourteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $84.14.

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.