Fieldview Capital Management LLC Invests $564,000 in Semtech Corporation $SMTC

Fieldview Capital Management LLC purchased a new stake in Semtech Corporation (NASDAQ:SMTC) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 7,887 shares of the semiconductor company’s stock, valued at approximately $564,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its position in Semtech by 10.3% during the second quarter. Ameriprise Financial Inc. now owns 7,112,097 shares of the semiconductor company’s stock worth $321,040,000 after buying an additional 666,456 shares during the period. State Street Corp lifted its position in shares of Semtech by 1.5% during the 2nd quarter. State Street Corp now owns 4,037,107 shares of the semiconductor company’s stock valued at $182,235,000 after acquiring an additional 60,788 shares during the period. Westfield Capital Management Co. LP boosted its stake in shares of Semtech by 23.0% during the 3rd quarter. Westfield Capital Management Co. LP now owns 3,380,373 shares of the semiconductor company’s stock worth $241,528,000 after acquiring an additional 633,113 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of Semtech by 9.8% during the 2nd quarter. Alliancebernstein L.P. now owns 3,318,384 shares of the semiconductor company’s stock worth $149,792,000 after acquiring an additional 294,990 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN grew its holdings in shares of Semtech by 4.2% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,894,536 shares of the semiconductor company’s stock worth $130,659,000 after acquiring an additional 115,921 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Stifel Nicolaus lifted their price objective on Semtech from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, January 16th. UBS Group reissued a “buy” rating on shares of Semtech in a report on Tuesday, November 25th. Piper Sandler reaffirmed an “overweight” rating and set a $95.00 price target (up from $70.00) on shares of Semtech in a research note on Thursday, December 11th. B. Riley Financial boosted their price objective on shares of Semtech from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Finally, Needham & Company LLC restated a “buy” rating and set a $80.00 target price on shares of Semtech in a report on Tuesday, November 25th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Semtech currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Semtech News Roundup

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: New product: Semtech launched the FX86E 5G RedCap modem targeting industrial IoT — a plug-and-play modem that supports 5G RedCap, 4G/LTE and public/private networks and could expand addressable module and connectivity revenue. Semtech Launches 5G RedCap Modem for Industrial IoT
• Positive Sentiment: AI/video partnership: Semtech partnered with Digital Barriers to deliver an integrated device-to-cloud AI-powered video-compression solution for cellular surveillance — a turnkey offering that can drive module sales and recurring connectivity/service revenue. Semtech Partners with Digital Barriers to Launch AI-Powered Video Compression
• Positive Sentiment: Analyst upgrades: Multiple firms have raised price targets (e.g., Susquehanna and Oppenheimer moving targets toward $100), signaling renewed analyst conviction and giving the stock visible upside from current levels. Benzinga
• Positive Sentiment: Wall Street narrative: Media coverage is grouping Semtech with AI-infrastructure beneficiaries, highlighting its data-center and AI exposure — a thematic tailwind that can attract momentum and re-rating if growth continues. Micron, Oracle and Semtech Are Getting Fresh Wall Street Attention as AI Infrastructure Demand Surges
• Neutral Sentiment: Technical & valuation context: SMTC is trading above its 50- and 200-day moving averages and shows strong institutional ownership, but carries a high P/E that prices in growth — positive for momentum, but increases sensitivity to execution and macro risks.
• Negative Sentiment: Insider selling: CFO Mark Lin sold 6,582 shares (disclosed in an SEC Form 4), reducing his stake by ~23%, which some investors interpret as a cautionary signal despite the company’s positive newsflow. SEC Form 4

Insider Buying and Selling at Semtech

In related news, CFO Mark Lin sold 6,582 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $83.75, for a total transaction of $551,242.50. Following the sale, the chief financial officer owned 22,125 shares in the company, valued at approximately $1,852,968.75. This trade represents a 22.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Saar Gillai sold 3,600 shares of Semtech stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $75.26, for a total transaction of $270,936.00. Following the completion of the sale, the director directly owned 9,523 shares of the company’s stock, valued at $716,700.98. The trade was a 27.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 33,549 shares of company stock valued at $2,787,350. 0.48% of the stock is owned by corporate insiders.

Semtech Price Performance

NASDAQ:SMTC opened at $87.58 on Wednesday. Semtech Corporation has a 12-month low of $24.05 and a 12-month high of $96.46. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of 282.52 and a beta of 1.99. The company’s 50-day moving average is $83.05 and its two-hundred day moving average is $73.27. The company has a current ratio of 2.43, a quick ratio of 1.71 and a debt-to-equity ratio of 0.87.

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.