Semtech Corp (NASDAQ: SMTC) on Monday, plunged -0.33% from the previous trading day, before settling in for the closing price of $30.03. Within the past 52 weeks, SMTC’s price has moved between $24.05 and $79.52.
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Annual sales at Technology sector company grew by 10.96% over the past five years. The company achieved an average annual earnings per share of 90.00%. With a float of $85.51 million, this company’s outstanding shares have now reached $86.27 million.
Let’s look at the performance matrix of the company that is accounted for 1838 employees. In terms of profitability, gross margin is 50.43%, operating margin of 5.74%, and the pretax margin is -20.24%.
Semtech Corp (SMTC) Insider and Institutional Ownership
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Semtech Corp is 1.15%, while institutional ownership is 111.80%. The most recent insider transaction that took place on Apr 01 ’25, was worth 34,890. In this transaction EVP and CFO of this company sold 1,013 shares at a rate of $34.44, taking the stock ownership to the 14,114 shares. Before that another transaction happened on Apr 01 ’25, when Company’s Officer proposed sale 1,013 for $34.80, making the entire transaction worth $35,247.
Semtech Corp (SMTC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 90.00% per share during the next fiscal year.
Semtech Corp (NASDAQ: SMTC) Trading Performance Indicators
Semtech Corp (SMTC) is currently performing well based on its current performance indicators. A quick ratio of 1.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.85. Likewise, its price to free cash flow for the trailing twelve months is 52.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.64, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 2.20 in one year’s time.
Technical Analysis of Semtech Corp (SMTC)
Semtech Corp (NASDAQ: SMTC) saw its 5-day average volume 2.2 million, a negative change from its year-to-date volume of 2.81 million. As of the previous 9 days, the stock’s Stochastic %D was 90.00%. Additionally, its Average True Range was 2.65.
During the past 100 days, Semtech Corp’s (SMTC) raw stochastic average was set at 10.60%, which indicates a significant decrease from 88.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.39% in the past 14 days, which was lower than the 113.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.65, while its 200-day Moving Average is $45.00. Nevertheless, the first resistance level for the watch stands at $30.38 in the near term. At $30.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.37. If the price goes on to break the first support level at $29.40, it is likely to go to the next support level at $28.87. The third support level lies at $28.41 if the price breaches the second support level.
Semtech Corp (NASDAQ: SMTC) Key Stats
Market capitalization of the company is 2.59 billion based on 86,504K outstanding shares. Right now, sales total 909,290 K and income totals -161,900 K. The company made 251,000 K in profit during its latest quarter, and 39,140 K in sales during its previous quarter.
