/SMTC

Semtech Corp

SMTC

$167.24USD↑+5.10%+8.11 today

MARKET CAP

15.6B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$160 – $170

52W RANGE

$58

$177

AI Summary

Stalk

Sell NowMedium

SMTC remains in a Stage 2 advancing uptrend but the active blow-off top pattern and heavy distribution volume have flipped the medium-term bias bearish. Price has broken down below the 9/21 EMA zone and is rejecting these levels, confirming bearish momentum. With no mean-reversion support and continued short-EMA resistance, we execute a sell now at the EMA resistance zone to capture the next leg of the distribution phase.

↑Q2 revenue $342 M, up 33% YoY with data center at $100 M (+91%).
↑Adjusted EPS $0.71, up 73% YoY, driven by operational leverage.
↓Negative earnings yield and weak book-to-price metrics imply overvaluation.

Full analysis →

Buying

10

institutions

Selling

9

institutions

New Positions

1

this quarter

Filing Period

Q2 2026

latest 13-F

13-F Holdings

Institution↕	Action↕	Shares Held↕	Value↓	Change↕	Chg %↕	Weight↕
BI Blackrock, Inc. Q2 2026	SELL	9.75 M	1.58 B	+-4.47 M	+44.3%	0.02%
CA Citadel Advisors LLC Q2 2026	BUY	1.99 M	322.77 M	+358.99 K	+156.7%	0.04%
MM Millennium Management LLC Q2 2026	SELL	1.15 M	186.00 M	+-821.99 K	+22.7%	0.07%
JC Jpmorgan Chase & Co Q2 2026	BUY	833.67 K	130.84 M	+16.79 K	+126.8%	0.01%
PA Point72 Asset Management, L.P. Q2 2026	BUY	681.88 K	110.36 M	+481.88 K	+617.7%	0.13%
AM Atreides Management, LP Q2 2026	BUY	551.21 K	89.21 M	+9.40 K	+114.2%	0.62%
DC Dorsal Capital Management, LP Q2 2026	SELL	550.00 K	89.02 M	+-250.00 K	+44.7%	3.15%
RT Renaissance Technologies LLC Q2 2026	BUYNEW	207.12 K	33.52 M	+207.12 K	+0.0%	0.05%
CP California Public Employees Retirement System Q2 2026	BUY	154.44 K	25.00 M	+12.55 K	+129.1%	0.01%
BA Balyasny Asset Management L.P. Q2 2026	BUY	120.19 K	19.45 M	+102.99 K	+1371.0%	0.02%
MG Man Group Plc Q2 2026	SELL	95.64 K	15.48 M	+-39.64 K	+48.8%	0.03%
AC Aqr Capital Management LLC Q2 2026	SELL	62.16 K	10.06 M	+-176.00	+109.9%	0.00%
VI Voloridge Investment Management, LLC Q2 2026	SELL	61.71 K	9.99 M	+-168.37 K	-43.5%	0.04%
JH Janus Henderson Group Plc Q1 2026	BUY	122.89 K	9.45 M	+67.14 K	+129.9%	0.00%
BA Bridgewater Associates, LP Q2 2026	SELL	15.29 K	2.48 M	+-61.64 K	-58.2%	0.01%
BH Brevan Howard Capital Management LP Q2 2026	BUY	11.93 K	1.93 M	+1.08 K	+131.5%	0.01%
FA Fisher Asset Management, LLC Q2 2026	SELL	6.02 K	974.50 K	+-1.08 K	+78.5%	0.00%
RC Rockefeller Capital Management L.P. Q2 2026	BUY	3.25 K	526.66 K	+475.00	+146.5%	0.00%
PA Polar Asset Management Partners Inc. Q2 2026	SELL	0.00	0.00	+-74.11 K	-100.0%	0.00%