Semtech EVP and CCO Jason Green sells $526,508 in shares

Semtech Corp. (NASDAQ:SMTC) Executive Vice President and Chief Commercial Officer Jason Green sold 2,766 shares of company common stock, totaling $526,508, on October 7, 2026. The transaction was executed in accordance with a Rule 10b5-1 trading plan, which Green established on April 6, 2026. Post this sale, Green directly owned 7,367 shares of Semtech common stock.

The share price at the time of the sale was $190.35, bringing Semtech's stock price to a total of $187.30. Despite the recent surge, analysts have indicated that Semtech shares are currently overvalued relative to their Fair Value. In response to Semtech's recent performance, several analysts have revised their ratings and set price targets.

Stifel increased its price target to $220 and maintained a Buy rating, citing Semtech's enhanced business profile and operating leverage. StoneX also reiterated a Buy rating with a higher price target of $230, highlighting the company's robust gross margins. B.Riley similarly held onto its Buy rating and set a $210 price target, anticipating positive results at an upcoming data-center event.

However, Northland downgraded the stock rating to Market Perform, expressing valuation concerns. The mixed analyst evaluations demonstrate cautious optimism amid Semtech's growth potential in high-growth areas such as Signal Integrity, LoRa, and Proximity Sensing.