Semtech (SMTC) Director Paul V Walsh Jr Sells $70K of Stock
Key Points
- Semtech Corporation director Paul V Walsh Jr sold 500 shares of SMTC stock on October 21, 2026, at a price of $139.44 per share, totaling $69,720.
- The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, leaving the director with 26,100 shares.
- Semtech reports trailing twelve month revenue of $1.17 billion with earnings of $1.51 per share, and its next earnings report is scheduled for November 23, 2026.
Since the trade, $SMTC is down 11.7% to date (from the $141.63 close on Oct 21, 2026).
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Semtech Corporation director Paul V Walsh Jr sold 500 shares of the chip maker on October 21, 2026, according to a Form 4 filing with the SEC. The shares were sold at $139.44 each for a total value of $69,720.
SMTC
Semtech Corporation
Inside Paul V Walsh Jr's Semtech Trade
The transaction was executed under a pre-arranged Rule 10b5-1 plan. Following the sale, the director holds 26,100 shares of Semtech Corporation, which represents a 1.88% decrease in his personal holdings. The stock closed at $141.63 on the day of the trade.
Other Institutional Activity in Semtech Corporation
Other large investors have also adjusted their positions in SMTC recently. Ameriprise Financial, Inc. cut its stake by 3,999,248 shares, ending with 3,450,916 shares valued at $455,520,912. Jane Street Group, LLC grew its holdings by 2,578,234 shares, ending with 3,351,040 shares worth about $442,337,280. PFG Advisors added a new position of 9,289 shares worth about $1,656,693. Driehaus Capital Management reduced its holdings by 302,849 shares, ending with 628,456 shares worth about $101,998,410.
Semtech Corporation Stock Down 5.4%
Semtech shares recently traded around $133.96 as of October 23, 2026, which is 5.4% below their event-day close. The stock has a market cap of $11.68 billion and trades well above its 200-day moving average.
Recent Earnings
Semtech reported trailing twelve month revenue of $1.17 billion alongside earnings of $1.51 per share. The company posted a net profit margin of 13.1% and a return on equity of 23.7% for the period. The next quarterly earnings report is scheduled for release on November 23, 2026.
Insider Buying and Selling at Semtech Corporation
Several other corporate insiders have executed transactions in SMTC shares in recent months. Chief Executive Officer Hong Q Hou sold 2,000 shares on September 4, 2026, at $138.71 per share for a total of $277,420. Chief Financial Officer Mark Lin sold 683 shares on September 10, 2026, at $159.90 per share for $109,212. Mark Lin later sold 967 shares on October 1, 2026, at $178.87 per share for $172,967. Hong Q Hou also sold 2,000 shares on October 2, 2026, at $191.21 per share for $382,420.
Analysts Set New Price Targets
Wall Street analysts have updated their outlooks on SMTC ahead of upcoming reports. Stifel maintained a Buy rating on October 5, 2026, raising its price target to $220.00 from $188.00. BMO Capital maintained an Outperform rating on October 13, 2026, lifting its target to $230.00 from $155.00. TD Cowen reiterated a Buy rating on October 16, 2026, with a $215.00 price target. Northland Capital Markets upgraded the stock to Outperform on October 16, 2026, setting an 186.00 price target. Stifel maintained a Buy rating on October 16, 2026, adjusting its target to $200.00 from $220.00. The stock currently holds a consensus recommendation of strong buy from 15 analysts.
About Semtech Corporation
Semtech Corporation designs and supplies analog and mixed-signal semiconductors, IoT systems, and cloud connectivity products. The Camarillo, California-based technology company operates across signal integrity, wireless, and infrastructure markets, supporting various electronic devices worldwide.
Bottom Line
Investors will look toward Semtech's upcoming earnings release on November 23, 2026, for further updates on financial performance. Insider transactions like this one offer a look at executive share management but do not necessarily signal a shift in company direction.
Related Filing Alerts
Source: Paul V Walsh Jr's Form 4 filing on $SMTC (Oct 21, 2026). Written by software, not financial advice. How we make alerts