In a filing, Semtech Corp revealed its Chairman Martin Burvill acquired Company’s shares for reported $0.22 million on Sep 16 ’25. In the deal valued at $62.00 per share,3,500 shares were bought.
Then, Silberstein Asaf sold 1,000 shares, generating $60,000 in total proceeds. Upon selling the shares at $60.00, the EVP and COO now owns 104,996 shares.
Before that, Silberstein Asaf sold 1,000 shares. Semtech Corp shares valued at $58,418 were divested by the EVP and COO at a price of $58.42 per share. As a result of the transaction, Silberstein Asaf now holds 103,996 shares, worth roughly $6.5 million.
Morgan Stanley initiated its Semtech Corp [SMTC] rating to an Equal-weight in a research note published on April 07, 2025; the price target was $30. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who remained covering the stock and in mid March has reiterated a ‘”a Buy”‘ rating for it. UBS began covering SMTC with “Buy” recommendation on January 17, 2025. Needham maintained its rating on November 26, 2024. It rated SMTC as “a Buy”.
Price Performance Review of SMTC
On Tuesday, Semtech Corp [NASDAQ:SMTC] saw its stock fall -0.13% to $62.55. Over the last five days, the stock has gained 1.58%. Semtech Corp shares have risen nearly 54.10% since the year began. Nevertheless, the stocks have risen 1.13% over the past one year.
How much short interest is there in Semtech Corp?
A steep rise in short interest was recorded in Semtech Corp stocks on 2025-08-29, dropping by -1.44 million shares to a total of 8.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 9.64 million shares. There was a decline of -17.63%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 26, 2024 when Craig Hallum resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $70.
