Semtech Corporation $SMTC Shares Sold by Clearline Capital LP

Clearline Capital LP lowered its stake in Semtech Corporation (NASDAQ:SMTC) by 10.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 698,935 shares of the semiconductor company’s stock after selling 85,597 shares during the quarter. Semtech accounts for approximately 2.3% of Clearline Capital LP’s portfolio, making the stock its largest position. Clearline Capital LP owned approximately 0.81% of Semtech worth $49,939,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. boosted its stake in Semtech by 243.2% during the third quarter. Hantz Financial Services Inc. now owns 508 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 360 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in Semtech in the third quarter valued at $41,000. AlphaQuest LLC raised its holdings in shares of Semtech by 42.5% during the third quarter. AlphaQuest LLC now owns 580 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 173 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Semtech by 65.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 594 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 235 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Semtech by 1,745.5% in the 3rd quarter. Assetmark Inc. now owns 609 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 576 shares during the period.

Semtech Stock Performance

Shares of Semtech stock opened at $84.85 on Friday. Semtech Corporation has a 52 week low of $24.05 and a 52 week high of $96.46. The company has a quick ratio of 1.71, a current ratio of 2.43 and a debt-to-equity ratio of 0.87. The business has a 50 day moving average price of $83.68 and a 200-day moving average price of $73.77. The company has a market cap of $7.85 billion, a PE ratio of 273.71 and a beta of 1.99.

Analyst Ratings Changes

SMTC has been the topic of a number of research reports. Wall Street Zen downgraded Semtech from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 26th. Summit Insights upgraded Semtech from a “hold” rating to a “buy” rating in a report on Tuesday, November 25th. Susquehanna upped their target price on Semtech from $90.00 to $100.00 and gave the stock a “positive” rating in a research report on Monday, March 9th. Piper Sandler reissued an “overweight” rating and issued a $95.00 price target (up from $70.00) on shares of Semtech in a research report on Thursday, December 11th. Finally, TD Cowen restated a “buy” rating on shares of Semtech in a research note on Tuesday, February 24th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $84.14.

Insider Buying and Selling at Semtech

In related news, Director Paul V. Walsh, Jr. sold 500 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $78.25, for a total value of $39,125.00. Following the completion of the sale, the director directly owned 25,279 shares of the company’s stock, valued at approximately $1,978,081.75. This represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Mark Lin sold 3,908 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $87.24, for a total value of $340,933.92. Following the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 40,191 shares of company stock valued at $3,361,412 in the last three months. Insiders own 0.48% of the company’s stock.

Semtech News Summary

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

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.