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February 20, 2024
Paradigm Capital Management Inc. NY raised its position in shares of Semtech Co. (NASDAQ:SMTC – Free Report) by 97.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,100 shares of the semiconductor company’s stock after buying an additional 136,500 shares during the quarter. […]
January 25, 2024
Forum Financial Management LP lowered its holdings in Semtech Co. (NASDAQ:SMTC – Free Report) by 13.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,201 shares of the semiconductor company’s stock after selling 3,400 shares during the period. Forum Financial Management […]
January 25, 2024
Forum Financial Management LP lowered its position in shares of Semtech Co. (NASDAQ:SMTC – Free Report) by 13.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,201 shares of the semiconductor company’s stock after selling 3,400 shares during the quarter. Forum Financial […]
December 13, 2023
Semtech (NASDAQ:SMTC – Get Free Report) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of -0.110-0.010 for the period, compared to the consensus estimate of -0.030. The company issued revenue guidance of $180.0 million-$200.0 million, compared to the consensus revenue estimate of $211.8 million. Analysts Set […]
December 11, 2023
Semtech (NASDAQ:SMTC – Free Report) had its price objective lowered by Roth Mkm from $46.00 to $42.00 in a research report released on Thursday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Several other brokerages also recently commented on SMTC. TheStreet downgraded Semtech from a c- rating to a […]
December 11, 2023
Semtech (NASDAQ:SMTC – Free Report) had its price objective cut by Needham & Company LLC from $35.00 to $26.00 in a research note published on Thursday morning, Benzinga reports. They currently have a buy rating on the semiconductor company’s stock. Several other equities analysts have also issued reports on SMTC. Craig Hallum decreased their target […]
December 11, 2023
Semtech (NASDAQ:SMTC – Free Report) had its price objective trimmed by Needham & Company LLC from $35.00 to $26.00 in a research report released on Thursday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Other research analysts also recently issued reports about the stock. Summit Insights raised shares of […]
December 8, 2023
Guggenheim Capital LLC grew its stake in shares of Semtech Co. (NASDAQ:SMTC – Free Report) by 58.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,520 shares of the semiconductor company’s stock after purchasing an additional 9,792 shares during the period. Guggenheim […]
December 8, 2023
Semtech (NASDAQ:SMTC – Get Free Report) posted its quarterly earnings data on Wednesday. The semiconductor company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.17, MarketWatch Earnings reports. The business had revenue of $200.90 million during the quarter, compared to analyst estimates of $200.55 million. Semtech had a […]
December 7, 2023
Semtech (NASDAQ:SMTC – Get Free Report) released its earnings results on Wednesday. The semiconductor company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.17, MarketWatch Earnings reports. Semtech had a positive return on equity of 2.94% and a negative net margin of 53.62%. The company had revenue of […]