Gilbert Cisneros

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Semtech Corporation (NASDAQ:SMTC). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Semtech stock on September 2nd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

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Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 9/2/2025.

Purchased $1,001 – $15,000 in shares of Avient (NYSE:AVNT) on 9/2/2025.

Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/27/2025.

Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/26/2025.

Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 8/26/2025.

Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 8/26/2025.

Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 8/26/2025.

Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 8/26/2025.

Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 8/26/2025.

Sold $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 8/26/2025.

Semtech Price Performance

Semtech stock opened at $60.87 on Friday. The stock’s 50 day moving average is $54.53 and its 200 day moving average is $42.81. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.53 and a quick ratio of 1.78. The firm has a market cap of $5.28 billion, a P/E ratio of 253.63 and a beta of 1.98. Semtech Corporation has a one year low of $24.05 and a one year high of $79.52.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on SMTC shares. Needham & Company LLC boosted their price target on Semtech from $54.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Stifel Nicolaus boosted their price target on Semtech from $45.00 to $54.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Piper Sandler boosted their price target on Semtech from $55.00 to $65.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Morgan Stanley set a $43.00 price target on Semtech in a research note on Wednesday, May 28th. Finally, Benchmark boosted their price target on Semtech from $68.00 to $76.00 and gave the company a “buy” rating in a research note on Tuesday, September 9th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.08.

Get Our Latest Research Report on Semtech

Insider Activity

In other news, Director Martin Burvill sold 3,500 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $62.75, for a total transaction of $219,625.00. Following the transaction, the director owned 6,909 shares of the company’s stock, valued at $433,539.75. This represents a 33.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Asaf Silberstein sold 2,000 shares of the company’s stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $42.98, for a total value of $85,960.00. Following the transaction, the chief operating officer directly owned 105,996 shares in the company, valued at $4,555,708.08. This represents a 1.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,499 shares of company stock valued at $349,381 in the last 90 days. Insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Marex Group plc purchased a new position in Semtech in the second quarter worth $203,000. State of Wyoming boosted its position in Semtech by 13.0% in the second quarter. State of Wyoming now owns 2,955 shares of the semiconductor company’s stock worth $133,000 after purchasing an additional 339 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Semtech by 2.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 11,253 shares of the semiconductor company’s stock valued at $508,000 after buying an additional 319 shares during the last quarter. Public Sector Pension Investment Board lifted its position in shares of Semtech by 8.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 295,324 shares of the semiconductor company’s stock valued at $13,331,000 after buying an additional 22,906 shares during the last quarter. Finally, Evergreen Capital Management LLC purchased a new position in shares of Semtech during the 2nd quarter valued at $206,000.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Semtech

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Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications.

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