Semtech Corporation (NASDAQ:SMTC) enjoyed a 45.93% run-up in share price since hitting record low of $37.6. The stock managed 5.56% rise and now stands at $54.87 as of 3/15/2019. At a recent session, the prices were hovering between $52.14 and $55.685. This company shares are 8.35% off its target price of $59.45 and the current market capitalization stands at $3.68B. The recent change has given its price a 6.92% lead over SMA 50 and -9.38% deficit over its 52-week high. The stock witnessed 5.74% gains, 13.79% gains and -6.76% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SMTC’s volatility during a week at 4.92% and during a month it has been found around 3.17%.

Semtech Corporation (SMTC) Top Holders

Institutional investors currently hold around $3.58 billion or 0% in SMTC stock. Look at its top three institutional owners: Blackrock Inc. owns $522.35 million in Semtech Corporation, which represents roughly 14.19% of the company’s market cap and approximately 14.58% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 6,964,758 shares of the stock are valued at $382.16 million. The third largest holder is Frontier Capital Management Co Llc, which currently holds $244.14 million worth of this stock and that ownership represents nearly 6.63% of its market capitalization.

Semtech Corporation 13F Filings

At the end of December reporting period, 136 institutional holders increased their position in Semtech Corporation (NASDAQ:SMTC) by some 3,701,360 shares, 120 decreased positions by 5,585,374 and 29 held positions by 56,015,076. That puts total institutional holdings at 65,301,810 shares, according to SEC filings. The stock grabbed 41 new institutional investments totaling 592,113 shares while 41 institutional investors sold out their entire positions totaling 1,527,622 shares.

Semtech Corporation (SMTC) Analyst Guide

Several analysts have released their opinion on Semtech Corporation (NASDAQ:SMTC), with 4 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.92 average brokerage recommendation [T1].