Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction.
Company profile
Ticker
SMTC
Exchange
Website
CEO
Mohan Maheswaran
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Semtech EV, Inc. • Semtech San Diego Corporation • Sierra Monolithics, Inc. • Semtech Colorado, Inc. • Semtech New York Corporation • Sierra Wireless America, Inc • Triune IP, LLC • Triune Systems, L.L.C. • M2M Connectivity Australia Pty Ltd • M2M One Pty Ltd ...
IRS number
952119684
SMTC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2023 FY
Annual report
30 Mar 23
8-K
Semtech Announces Fourth Quarter and Fiscal Year 2023 Results
29 Mar 23
8-K/A
Management’s Statement of Responsibilities
24 Mar 23
8-K
Semtech Enters into Cooperation Agreement with Lion Point Capital, LP
20 Mar 23
8-K
Semtech Corporation Announces Maheswaran Retirement
16 Mar 23
8-K
Departure of Directors or Certain Officers
15 Mar 23
8-K
Entry into a Material Definitive Agreement
27 Feb 23
8-K
Semtech Corporation Completes Acquisition of Sierra Wireless
12 Jan 23
8-K
Semtech Corporation and Sierra Wireless Announce Termination of the Waiting Period Under the HSR Act
5 Jan 23
10-Q
2023 Q3
Quarterly report
30 Nov 22
Transcripts
SMTC
Earnings call transcript
2023 Q4
29 Mar 23
SMTC
Earnings call transcript
2023 Q3
1 Dec 22
SMTC
Earnings call transcript
2023 Q2
1 Sep 22
SMTC
Earnings call transcript
2023 Q1
2 Jun 22
SMTC
Earnings call transcript
2022 Q3
2 Dec 21
SMTC
Earnings call transcript
2022 Q2
2 Sep 21
SMTC
Earnings call transcript
2022 Q1
2 Jun 21
SMTC
Earnings call transcript
2021 Q4
18 Mar 21
SMTC
Earnings call transcript
2021 Q3
2 Dec 20
SMTC
Earnings call transcript
2021 Q2
26 Aug 20
Latest ownership filings
Financial summary
| Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | May 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 235.51 mm | 235.51 mm | 235.51 mm | 235.51 mm | 235.51 mm | 235.51 mm |
| Cash burn (monthly) | 127.43 mm | 3.67 mm | 18.55 mm | (no burn) | 6.27 mm | (no burn) |
| Cash used (since last report) | 265.43 mm | 7.65 mm | 38.65 mm | n/a | 13.05 mm | n/a |
| Cash remaining | -29.92 mm | 227.86 mm | 196.86 mm | n/a | 222.46 mm | n/a |
| Runway (months of cash) | -0.2 | 62.0 | 10.6 | n/a | 35.5 | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 259 |
| Opened positions | 46 |
| Closed positions | 59 |
| Increased positions | 97 |
| Reduced positions | 94 |
| 13F shares | Current |
|---|---|
| Total value | 1.90 tn |
| Total shares | 69.31 mm |
| Total puts | 125.60 k |
| Total calls | 74.70 k |
| Total put/call ratio | 1.7 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 9.32 mm | $267.42 bn |
| Vanguard | 7.47 mm | $214.19 bn |
| JPM JPMorgan Chase & Co. | 3.74 mm | $107.39 bn |
| STT State Street | 3.44 mm | $98.62 bn |
| FHI Federated Hermes | 2.53 mm | $72.54 bn |
| BK Bank Of New York Mellon | 2.35 mm | $67.42 bn |
| MS Morgan Stanley | 1.92 mm | $55.23 bn |
| D. E. Shaw & Co. | 1.71 mm | $48.97 bn |
| Aqr Capital Management | 1.70 mm | $48.02 bn |
| MCQEF Macquarie | 1.46 mm | $41.82 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Mohan Maheswaran | RSU SMTC | Grant | Acquire A | No | No | 0 | 232,635 | 0.00 | 232,635 |
| 9 Mar 23 | Emeka Chukwu | Common Stock | Payment of exercise | Dispose F | No | No | 30.81 | 1,543 | 47.54 k | 123,163 |
| 9 Mar 23 | Emeka Chukwu | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,460 | 0.00 | 124,706 |
| 9 Mar 23 | Emeka Chukwu | RSU SMTC | Option exercise | Dispose M | No | No | 0 | 4,460 | 0.00 | 4,460 |
| 9 Mar 23 | Charles B. Ammann | Common Stock | Payment of exercise | Dispose F | No | No | 30.81 | 812 | 25.02 k | 14,717 |
| 9 Mar 23 | Charles B. Ammann | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,347 | 0.00 | 15,529 |
| 9 Mar 23 | Charles B. Ammann | RSU SMTC | Option exercise | Dispose M | No | No | 0 | 2,347 | 0.00 | 2,348 |
| 9 Mar 23 | John Michael Wilson | Common Stock | Payment of exercise | Dispose F | No | No | 30.81 | 975 | 30.04 k | 23,757 |
| 9 Mar 23 | John Michael Wilson | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,817 | 0.00 | 24,732 |
| 9 Mar 23 | John Michael Wilson | RSU SMTC | Option exercise | Dispose M | No | No | 0 | 2,817 | 0.00 | 2,817 |
News
Benchmark Reiterates Buy on Semtech, Maintains $45 Price Target
31 Mar 23
Baird Maintains Outperform on Semtech, Lowers Price Target to $40
31 Mar 23
Analyst Ratings for Semtech
30 Mar 23
12 Information Technology Stocks Moving In Thursday's Intraday Session
30 Mar 23
Why Bed Bath & Beyond Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
30 Mar 23
Press releases
Semtech Announces Fourth Quarter and Fiscal Year 2023 Results
29 Mar 23
Semtech Corporation Announces Maheswaran Retirement
16 Mar 23
Semtech Corporation Promotes Asaf Silberstein to Chief Operating Officer
15 Mar 23
Semtech Expands LoRa® Portfolio with New Transceiver Featuring Long Range, Low Power Consumption, LoRaWAN® Standard and Global Connectivity
15 Mar 23
Semtech Unveils New Brand Reflecting Company's Vision to Enable a Smarter, More Connected and Sustainable Planet
9 Mar 23