Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Semtech Corp shares valued at $219,638 were sold by Burvill Martin on Sep 16 ’25. At $62.75 per share, Burvill Martin sold 3,500 shares. The insider’s holdings dropped to 6,909 shares worth approximately $0.41 million following the completion of this transaction.
Also, Martin Burvill purchased 3,500 shares, netting a total of over 217,000 in proceeds.
Before that, Silberstein Asaf had sold 1,000 shares from its account. In a trade valued at $60,000, the EVP and COO traded Semtech Corp shares for $60.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $6.28 million.
As published in their initiating research note from Morgan Stanley on April 07, 2025, Semtech Corp [SMTC] has been an Equal-weight and the price target has been revised to $30. Analysts at Craig Hallum resumed the stock at ‘”a Buy”‘ outlook in a report released in mid March. As of January 17, 2025, UBS has initiated its “Buy” rating for SMTC. Earlier on November 26, 2024, Needham resumed its rating. Their recommendation was “a Buy” for SMTC stock.
Analyzing SMTC Stock Performance
On last trading session, Semtech Corp [NASDAQ: SMTC] plunged -2.38% to $59.83. The stock’s lowest price that day was $59.82, but it reached a high of $61.395 in the same session. During the last five days, there has been a drop of approximately -3.84%. Over the course of the year, Semtech Corp shares have jumped approximately 30.07%. Shares of the company reached a 52-week high of $79.52 on 01/22/25 and a 52-week low of $24.05 on 04/21/25.
Support And Resistance Levels for Semtech Corp (SMTC)
According to the 24-hour chart, there is a support level at 59.30, which, if violated, would cause prices to drop to 58.77. In the upper region, resistance lies at 60.88. The next price resistance is at 61.92. RSI (Relative Strength Index) is 55.06 on the 14-day chart, showing neutral technical sentiment.
Is Semtech Corp subject to short interest?
Stocks of Semtech Corp saw a sharp steep in short interest on 2025-08-29 dropping by -1.44 million shares to 8.19 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 9.64 million shares. A decline of -17.63% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.99 of the overall float, the days-to-cover ratio (short ratio) decline to 3.99.
Which companies own the most shares of Semtech Corp (SMTC)?
In terms of Semtech Corp share price expectations, FactSet research, analysts set an average price target of 57.5 in the next 12 months, down nearly -6.18% from the previous closing price of $61.29. Analysts anticipate Semtech Corp stock to reach 65 by 2025, with the lowest price target being 43. In spite of this, 14 analysts ranked Semtech Corp stock as Buy at the end of 2025. On November 26, 2024, Craig Hallum assigned a price target of “a Buy” to the stock and reiterated coverage with a $70.
