Semtech Corporation (SMTC) - FREE Research Report

Maheswaran Mohan who is President and CEO at Semtech Corporation sold 2,000 shares at $30.41 on Nov. 19, 2013. Following this transaction, the President and CEO owned 141,662 shares meaning that the stake was reduced by 1.39% with the 2,000 share transaction.

The shares most recently traded at $29.52, down $0.89, or 3.01% since the insider transaction. Historical insider transactions for Semtech Corporation go as follows:

  • 4-Week # shares sold: 2,000
  • 12-Week # shares sold: 25,680
  • 24-Week # shares sold: 42,454

The average volume for Semtech Corporation has been 558,600 shares per day over the past 30 days. Semtech Corporation has a market cap of $2.1 billion and is part of the technology sector and electronics industry. Shares are up 8.32% year to date as of the close of trading on Tuesday.

Semtech Corporation, together with its subsidiaries, designs, develops, manufactures, and markets analog and mixed signal semiconductor products. The company has a P/E ratio of 43.0. Currently there are 4 analysts that rate Semtech Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

Exclusive Offer: Get the latest Stock Analysis on SMTC - FREE

TheStreet Quant Ratings rates Semtech Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Semtech Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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