Semtech (SMTC) Scheduled to Post Earnings on Tuesday
Semtech (NASDAQ:SMTC) is scheduled to post its quarterly earnings results after the market closes on Tuesday, March 6th. Analysts expect Semtech to post earnings of $0.41 per share for the quarter.
Semtech (NASDAQ SMTC) opened at $33.55 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.20 and a current ratio of 3.80. Semtech has a 12 month low of $31.30 and a 12 month high of $41.95. The stock has a market capitalization of $2,280.00, a P/E ratio of 49.34, a PEG ratio of 4.40 and a beta of 1.40.
In related news, CEO Mohan Maheswaran sold 2,500 shares of Semtech stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $34.44, for a total transaction of $86,100.00. Following the sale, the chief executive officer now directly owns 212,872 shares in the company, valued at $7,331,311.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP James Jungsup Kim sold 1,500 shares of Semtech stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $34.32, for a total value of $51,480.00. Following the sale, the senior vice president now owns 24,600 shares in the company, valued at $844,272. The disclosure for this sale can be found here. Insiders have sold 119,034 shares of company stock worth $4,084,867 over the last 90 days. 2.10% of the stock is currently owned by corporate insiders.
Semtech Corporation is a supplier of analog and mixed-signal semiconductor products. The Company designs, develops and markets a range of products for commercial applications, which are sold into the enterprise computing, communications, consumer and industrial end-markets. Its product lines include Signal Integrity, Protection, Wireless and Sensing, and Power and High-Reliability.
Receive News & Ratings for Semtech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Semtech and related companies with MarketBeat.com's FREE daily email newsletter.