Semtech (SMTC) Insider Walsh Paul JR Sells $82K of Stock

Paul Walsh Jr., an insider at Semtech Corporation, sold 500 shares of the company on June 24, 2026. The shares were sold at an average price of $164.99, totaling $82,495. This transaction was planned under Rule 10b5-1, which allows insiders to set up a trading plan for selling stocks at a predetermined time.

Insider Buying and Selling at Semtech Corporation

In addition to Paul Walsh Jr.'s planned sale, other insiders have been active. John Michael Wilson, the Chief Quality Officer and CTO, sold 5,500 shares at $170 on June 22, 2026. Earlier, on June 10, 2026, he sold 713 shares at $157.52 and transferred 1,400 shares. Asaf Silberstein, the EVP and COO, transferred 2,438 shares on June 10, 2026. Mark Lin, the EVP and CFO, bought 2,349 shares on the same day.

Other Institutional Activity in Semtech Corporation

BlackRock, Inc. increased its holdings in Semtech by 1,033,164 shares, bringing its total to 14,222,219 shares valued at about $1.09 billion, reflecting a 7.8% increase. Ameriprise Financial Inc reduced its stake by 101,872 shares, leaving it with 7,450,380 shares worth $572.6 million, a 1.3% decrease. Vanguard Portfolio Management LLC opened a new position with 6,922,634 shares valued at approximately $532.3 million. Capital Research Global Investors trimmed its holdings by 350,638 shares, ending with 4,152,082 shares worth $319.3 million, a 7.8% decrease.

Semtech Corporation Stock Up 3.8%

Shares of NasdaqGS:SMTC traded near $149.75 on Saturday. Semtech Corporation has a market cap of $15.1 billion and a forward P/E ratio of 41.76. The stock's beta is 2.324, indicating higher volatility compared to the market. Its 52-week low is $42.38, and its 52-week high is $177.35. The 50-day moving average is $137.30, while the 200-day moving average stands at $90.94. The company maintains a current ratio of 2.37 and a quick ratio of 1.235, with a debt-to-equity ratio of 90.284.

Analysts Set New Price Targets

Analysts are optimistic about Semtech’s prospects. On June 22, 2026, TD Cowen maintained its buy rating with a price target of $215. UBS, B. Riley Securities, Craig-Hallum, Roth Capital, and Stifel also maintained buy ratings with targets ranging from $188 to $225. Morgan Stanley held a more conservative hold rating, setting a target of $175. The consensus among 12 analysts is a strong buy, with a mean target price of $205.25.

About Semtech Corporation

Semtech Corporation, based in Camarillo, California, is a technology company specializing in semiconductor products and Internet of Things (IoT) systems. It operates in segments like Signal Integrity and IoT Systems, offering solutions for data centers, enterprise networks, and industrial applications. Under the leadership of CEO Dr. Hong Q. Hou, the company serves a global market, providing products through direct sales and independent distributors. Semtech employs about 1,920 people.

Bottom Line

Insider activity at Semtech Corporation, including the planned sale by Paul Walsh Jr., is part of the regular transactions insiders undertake. Investors often watch these moves for insights, though they are not necessarily indicative of future stock performance. The company's stock remains well-regarded among analysts, reflected in strong buy recommendations and high price targets. As always, the backward-looking nature of 13F filings and insider sales means these insights may not reflect the current situation.