Analyst Activity – Needham & Company LLC Reiterates Buy on Semtech (NASDAQ:SMTC) (NASDAQ:SMTC)

Analyst Ratings For Semtech (NASDAQ:SMTC) (NASDAQ:SMTC)

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Today, Needham & Company LLC reiterated its Buy rating on Semtech (NASDAQ:SMTC) (NASDAQ:SMTC) with a price target of $45.00.

Some recent analyst ratings include

  • 3/23/2018-Needham & Company LLC Reiterated Rating of Buy.
  • 3/15/2018-Summit Insights Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 12/18/2017-Piper Jaffray Companies initiated coverage with a Neutral rating.
  • 11/30/2017-Oppenheimer Reiterated Rating of Buy.
  • 11/30/2017-Drexel Hamilton Reiterated Rating of Buy.

Recent Insider Trading Activity For Semtech (NASDAQ:SMTC) (NASDAQ:SMTC)
Semtech (NASDAQ:SMTC) (NASDAQ:SMTC) has insider ownership of 2.10% and institutional ownership of 97.64%.

  • On 3/22/2018 John Michael Wilson, EVP, sold 7,000 with an average share price of $41.17 per share and the total transaction amounting to $288,190.00.
  • On 3/21/2018 Sharon K Faltemier, SVP, sold 7,408 with an average share price of $41.49 per share and the total transaction amounting to $307,357.92.
  • On 3/20/2018 James T Lindstrom, Director, sold 5,000 with an average share price of $40.63 per share and the total transaction amounting to $203,150.00.
  • On 3/19/2018 Charles B Ammann, EVP, sold 12,655 with an average share price of $39.74 per share and the total transaction amounting to $502,909.70.
  • On 3/19/2018 Simon A Brown, VP, sold 2,000 with an average share price of $39.36 per share and the total transaction amounting to $78,720.00.
  • On 3/15/2018 Charles B Ammann, EVP, sold 2,250 with an average share price of $38.55 per share and the total transaction amounting to $86,737.50.
  • On 3/15/2018 Emeka Chukwu, CFO, sold 2,000 with an average share price of $39.00 per share and the total transaction amounting to $78,000.00.

Recent Trading Activity for Semtech (NASDAQ:SMTC) (NASDAQ:SMTC)
Shares of Semtech (NASDAQ:SMTC) closed the previous trading session at 40.05 down -0.70 1.72% with shares trading hands.

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