In last trading session, Semtech Corp (NASDAQ:SMTC) saw 2.18 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $29.34 trading at $2.19 or 8.07% at ring of the bell on the day assigns it a market valuation of $2.54B. That closing price of SMTC’s stock is at a discount of -171.03% from its 52-week high price of $79.52 and is indicating a premium of 18.03% from its 52-week low price of $24.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.48 million shares which gives us an average trading volume of 3.08 million if we extend that period to 3-months.
For Semtech Corp (SMTC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.43. Splitting up the data highlights that, out of 14 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Semtech Corp (NASDAQ:SMTC) trade information
Upright in the green during last session for gaining 8.07%, in the last five days SMTC remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $29.34 price level, adding 1.81% to its value on the day. Semtech Corp’s shares saw a change of -52.56% in year-to-date performance and have moved 12.89% in past 5-day. Semtech Corp (NASDAQ:SMTC) showed a performance of -26.78% in past 30-days. Number of shares sold short was 7.37 million shares which calculate 2.58 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 60 to the stock, which implies a rise of 51.1% to its current value. Analysts have been projecting 30 as a low price target for the stock while placing it at a high target of 60. It follows that stock’s current price would drop -2.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.25% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 90.00% while estimates for its earnings growth in next 5 years are of 49.74%.
Semtech Corp (NASDAQ:SMTC)’s Major holders
Insiders are in possession of 1.10% of company’s total shares while institution are holding 113.50 percent of that, with stock having share float percentage of 114.77%. Investors also watch the number of corporate investors in a company very closely, which is 113.50% institutions for Semtech Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SMTC for having 10.19 million shares of worth $304.46 million. And as of 2024-06-30, it was holding 15.6087 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 8.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.1437 of outstanding shares, having a total worth of $256.38 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 5.33 shares of worth $156.27 million or 6.16% of the total outstanding shares. The later fund manager was in possession of 2.67 shares on Dec 31, 2024 , making its stake of worth around $78.27 million in the company or a holder of 3.08% of company’s stock.
