Global Retirement Partners LLC Has $279,000 Holdings in Semtech Corporation $SMTC

Global Retirement Partners LLC raised its holdings in shares of Semtech Corporation (NASDAQ:SMTC) by 9,878.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,792 shares of the semiconductor company’s stock after buying an additional 3,754 shares during the quarter. Global Retirement Partners LLC’s holdings in Semtech were worth $279,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. New York State Common Retirement Fund increased its position in shares of Semtech by 55.7% during the third quarter. New York State Common Retirement Fund now owns 277,661 shares of the semiconductor company’s stock valued at $19,839,000 after purchasing an additional 99,335 shares during the period. Argos Wealth Advisors LLC bought a new stake in shares of Semtech during the fourth quarter valued at approximately $640,000. Lisanti Capital Growth LLC bought a new stake in shares of Semtech during the third quarter valued at approximately $4,318,000. Atreides Management LP increased its position in shares of Semtech by 2.4% during the third quarter. Atreides Management LP now owns 678,133 shares of the semiconductor company’s stock valued at $48,453,000 after purchasing an additional 16,192 shares during the period. Finally, Hodges Capital Management Inc. bought a new stake in shares of Semtech during the third quarter valued at approximately $4,624,000.

Semtech Stock Performance

Shares of NASDAQ:SMTC opened at $152.54 on Friday. The business’s fifty day moving average price is $108.74 and its two-hundred day moving average price is $89.31. Semtech Corporation has a fifty-two week low of $34.59 and a fifty-two week high of $172.35. The stock has a market capitalization of $14.21 billion, a price-to-earnings ratio of -391.13 and a beta of 2.22. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.37 and a quick ratio of 1.66.

Semtech (NASDAQ:SMTC) last announced its quarterly earnings results on Tuesday, May 26th. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.06. Semtech had a positive return on equity of 18.31% and a negative net margin of 3.05%.The firm had revenue of $291.00 million for the quarter, compared to analysts’ expectations of $283.53 million. During the same period in the prior year, the business posted $0.38 earnings per share. The business’s revenue was up 15.9% compared to the same quarter last year. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. As a group, analysts predict that Semtech Corporation will post 1.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Craig Hallum boosted their price objective on Semtech from $105.00 to $205.00 and gave the company a “buy” rating in a research report on Wednesday. Northland Securities cut Semtech from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Oppenheimer set a $200.00 price objective on Semtech in a research report on Wednesday. Morgan Stanley upped their price target on Semtech from $155.00 to $175.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Benchmark upped their price target on Semtech from $120.00 to $230.00 and gave the company a “buy” rating in a research report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $179.73.

Key Semtech News

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Craig-Hallum reiterated a Buy rating on Semtech, adding to a generally constructive analyst backdrop after the company’s recent earnings beat and upbeat outlook.
• Positive Sentiment: Several other analysts recently raised or reiterated bullish price targets, with the latest cluster of targets still sitting well above the current trading range, reflecting confidence in Semtech’s data center connectivity and IoT momentum.
• Positive Sentiment: Recent coverage highlighted Semtech as an AI infrastructure and networking beneficiary, which can support the stock when sentiment around semis and AI hardware is strong.
• Neutral Sentiment: The company’s latest earnings update was solid, with revenue and EPS beating expectations, but that also created a “sell-the-news” setup after a sharp rally into the print.
• Neutral Sentiment: There were also signs of mixed positioning: some institutions added shares while others trimmed large stakes, which can add to volatility without pointing clearly in one direction.
• Negative Sentiment: Northland downgraded Semtech to Market Perform from Outperform, citing valuation concerns and higher near-term risk for semiconductor names, including possible supply-chain disruption and softer AI infrastructure spending. Article title
• Negative Sentiment: Recent insider selling and a new disclosed regulatory risk tied to unregistered securities sales may be weighing on investor confidence and reinforcing the pullback. Article title

Insider Buying and Selling

In other Semtech news, EVP Jason Elliot Green sold 7,500 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $81.73, for a total value of $612,975.00. Following the transaction, the executive vice president owned 8,811 shares of the company’s stock, valued at approximately $720,123.03. The trade was a 45.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul V. Walsh, Jr. sold 500 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $138.21, for a total value of $69,105.00. Following the completion of the transaction, the director directly owned 23,279 shares in the company, valued at approximately $3,217,390.59. This represents a 2.10% 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. In the last quarter, insiders have sold 36,884 shares of company stock valued at $3,069,245. Insiders own 0.48% of the company’s stock.

About Semtech

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.