Page 9 - Semtech Daily News Today

Semtech Co. (NASDAQ:SMTC – Get Rating) shares saw unusually-strong trading volume on Monday . Approximately 1,445,908 shares traded hands during mid-day trading, an increase of 11% from the previous session’s volume of 1,297,175 shares.The stock last traded at $21.64 and had previously closed at $21.40. Wall Street Analyst Weigh In Several brokerages have commented on […]

Semtech (NASDAQ:SMTC – Get Rating) had its price objective reduced by Robert W. Baird from $48.00 to $40.00 in a research note released on Friday morning, The Fly reports. Robert W. Baird currently has an outperform rating on the semiconductor company’s stock. Several other brokerages also recently weighed in on SMTC. Susquehanna lowered their price […]

B. Riley restated their buy rating on shares of Semtech (NASDAQ:SMTC – Get Rating) in a research report released on Thursday morning, Benzinga reports. The firm currently has a $52.00 target price on the semiconductor company’s stock. A number of other brokerages also recently issued reports on SMTC. Cowen lowered their price target on shares […]

StockNews.com lowered shares of Semtech (NASDAQ:SMTC – Get Rating) from a buy rating to a hold rating in a research report report published on Thursday. Other research analysts have also issued reports about the stock. Stifel Nicolaus dropped their price objective on shares of Semtech from $40.00 to $37.00 and set a buy rating for […]

MetLife Investment Management LLC reduced its position in Semtech Co. (NASDAQ:SMTC – Get Rating) by 55.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,241 shares of the semiconductor company’s stock after selling 40,828 shares during the period. MetLife […]

Semtech (NASDAQ:SMTC – Get Rating) had its price target lowered by Susquehanna from $32.00 to $30.00 in a research note published on Thursday, The Fly reports. Susquehanna currently has a neutral rating on the semiconductor company’s stock. A number of other equities analysts also recently commented on SMTC. StockNews.com began coverage on Semtech in a […]

Semtech (NASDAQ:SMTC – Get Rating) had its price target decreased by Susquehanna from $32.00 to $30.00 in a research note published on Thursday morning, The Fly reports. Susquehanna currently has a neutral rating on the semiconductor company’s stock. A number of other research firms have also weighed in on SMTC. B. Riley upgraded Semtech from […]

Forum Financial Management LP purchased a new position in Semtech Co. (NASDAQ:SMTC – Get Rating) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 21,201 shares of the semiconductor company’s stock, valued at approximately $608,000. Other hedge funds have also bought and […]

Semtech Co. (NASDAQ:SMTC – Get Rating) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 8,280,000 shares, an increase of 39.4% from the February 28th total of 5,940,000 shares. Based on an average trading volume of 939,000 shares, the short-interest […]

Miracle Mile Advisors LLC increased its stake in shares of Semtech Co. (NASDAQ:SMTC – Get Rating) by 118.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,895 shares of the semiconductor company’s stock after acquiring an additional 18,895 shares […]