Semtech Corp (NASDAQ: SMTC): Reassessing Prospects
Semtech Corp (SMTC) concluded trading on Wednesday at a closing price of $37.01, with 4.89 million shares of worth about $180.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.29% during that period and on Wednesday the price saw a loss of about […]
Uncovering Institutional Buying In Semtech Corp. (NASDAQ: SMTC)
Point72 Asset Management LP recently announced the acquisition of new stake in Semtech Corp. (NASDAQ:SMTC). The institutional investor has increased its shareholding in the Technology company by 258.84% to 4.43 million shares with purchase of 3.2 million shares. This fresh investment now brings its stake to 6.90% valued currently at $72.52 million. In addition, Capital […]