Headlands Technologies LLC Takes $6.35 Million Position in Semtech Corporation $SMTC

Headlands Technologies LLC bought a new position in shares of Semtech Corporation (NASDAQ:SMTC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 39,234 shares of the semiconductor company’s stock, valued at approximately $6,350,000. Semtech accounts for approximately 0.7% of Headlands Technologies LLC’s investment portfolio, making the stock its 26th largest holding.

Several other institutional investors have also added to or reduced their stakes in the company. Leonteq Securities AG grew its holdings in Semtech by 11.2% in the 1st quarter. Leonteq Securities AG now owns 1,171 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 118 shares in the last quarter. Stephens Inc. AR increased its position in Semtech by 3.3% during the fourth quarter. Stephens Inc. AR now owns 4,410 shares of the semiconductor company’s stock worth $325,000 after acquiring an additional 142 shares during the period. ABS Investment Management LLC acquired a new stake in Semtech in the 2nd quarter worth about $178,035,000. Captrust Financial Advisors boosted its holdings in Semtech by 0.8% in the 4th quarter. Captrust Financial Advisors now owns 19,302 shares of the semiconductor company’s stock valued at $1,422,000 after purchasing an additional 162 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of Semtech by 1.5% during the 4th quarter. Cetera Investment Advisers now owns 11,737 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 177 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SMTC shares. UBS Group boosted their price target on Semtech from $225.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday. Citigroup lowered Semtech from a “buy” rating to a “market perform” rating in a report on Tuesday, May 26th. Stifel Nicolaus raised their price target on Semtech from $157.00 to $188.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Robert W. Baird boosted their price target on Semtech from $225.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Benchmark reaffirmed a “buy” rating on shares of Semtech in a research report on Thursday, August 20th. Fifteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Semtech has a consensus rating of “Moderate Buy” and a consensus target price of $204.71.

Insider Activity at Semtech

In other Semtech news, COO Asaf Silberstein sold 8,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $127.80, for a total value of $1,086,300.00. Following the sale, the chief operating officer owned 96,862 shares in the company, valued at $12,378,963.60. This trade represents a 8.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark Lin sold 970 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $150.41, for a total transaction of $145,897.70. Following the sale, the chief financial officer directly owned 34,896 shares in the company, valued at approximately $5,248,707.36. The trade was a 2.70% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,734 shares of company stock worth $3,133,986 in the last ninety days. Insiders own 0.44% of the company’s stock.

Semtech Stock Performance

NASDAQ:SMTC opened at $131.17 on Monday. Semtech Corporation has a twelve month low of $55.18 and a twelve month high of $177.35. The company has a quick ratio of 1.31, a current ratio of 1.70 and a debt-to-equity ratio of 0.47. The stock’s 50-day simple moving average is $135.08 and its 200 day simple moving average is $119.31. The firm has a market capitalization of $12.24 billion, a PE ratio of 86.87 and a beta of 2.35.

Semtech (NASDAQ:SMTC) last issued its earnings results on Tuesday, August 25th. The semiconductor company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.61 by $0.10. The firm had revenue of $341.87 million during the quarter, compared to the consensus estimate of $328.67 million. Semtech had a return on equity of 21.74% and a net margin of 13.11%.The business’s quarterly revenue was up 32.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.41 earnings per share. Semtech has set its Q3 2027 guidance at 1.020-1.080 EPS. On average, analysts anticipate that Semtech Corporation will post 2.63 EPS for the current fiscal year.

Semtech News Summary

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Strong quarterly results: Semtech reported record sales of approximately $341.9 million, up about 33% year over year, while adjusted earnings of $0.71 per share exceeded the $0.61 consensus estimate. Net income reportedly expanded 89%. Why Semtech Stock Was Flying This Week
• Positive Sentiment: AI data-center momentum: Reports highlight roughly $100 million in AI data-center demand and identify connectivity as a potential bottleneck for AI infrastructure. This supports expectations for continued growth in Semtech’s analog and signal-integrity businesses. Analog Bets Pay Off: Semtech Shatters Records as AI Data Center Demand Hits $100M
• Positive Sentiment: Raised outlook and improving balance sheet: Coverage cites higher guidance, expanding margins, debt reduction, and expectations for stronger near-term growth. The company’s reported third-quarter fiscal 2027 EPS outlook is $1.02–$1.08. Semtech Stock Rallies on Strong Q2 Results and Raised Guidance
• Positive Sentiment: Analyst support: Northland Securities upgraded Semtech to Outperform with a $182 price target, while Needham reaffirmed its Buy rating. Other coverage points to a consensus target near $200, reinforcing the bullish narrative. Northland lifts Semtech rating
• Neutral Sentiment: New product opportunity: The LoRa Plus transceiver lineup could strengthen Semtech’s position in long-range IoT connectivity, although the financial contribution and adoption pace remain uncertain. What Does Semtech Gain From Its New LoRa Plus Transceivers?
• Negative Sentiment: Valuation and volatility risks: Semtech trades at a high earnings multiple, and its elevated beta makes the stock sensitive to profit-taking after a sharp advance. Unusually high trading volume indicates that investors are actively reassessing the shares following earnings. Semtech Sees Unusually-High Trading Volume After Strong Earnings

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.