 Management Co. now owns 1,287 shares of the semiconductor company’s stock valued at $115,000 after buying an additional 367 shares during the period. 96.33% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages have commented on SMTC. Wells Fargo & Company lowered their target price on Semtech from $100.00 to $85.00 and set an “overweight” rating on the stock in a research note on Thursday, March 17th. Susquehanna Bancshares dropped their price objective on Semtech from $75.00 to $72.00 and set a “neutral” rating on the stock in a report on Wednesday, June 1st. Susquehanna reduced their target price on shares of Semtech from $75.00 to $72.00 and set a “hold” rating for the company in a research note on Wednesday, June 1st. B. Riley increased their price target on shares of Semtech from $83.00 to $87.00 in a research note on Thursday, March 17th. Finally, Stifel Nicolaus reduced their price objective on shares of Semtech from $102.00 to $95.00 in a research note on Thursday, March 17th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Semtech presently has a consensus rating of “Buy” and an average price target of $78.91.
In related news, CEO Mohan Maheswaran sold 25,000 shares of the stock in a transaction dated Thursday, March 24th. The shares were sold at an average price of $70.13, for a total value of $1,753,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Asaf Silberstein sold 1,971 shares of Semtech stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $62.60, for a total value of $123,384.60. Following the sale, the executive vice president now directly owns 59,000 shares in the company, valued at $3,693,400. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 46,921 shares of company stock valued at $3,202,776. Corporate insiders own 1.30% of the company’s stock.
Shares of SMTC opened at $60.07 on Friday. The company has a market capitalization of $3.81 billion, a PE ratio of 27.94, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.49 and a quick ratio of 3.52. Semtech Co. has a one year low of $56.00 and a one year high of $94.92. The company’s fifty day moving average price is $61.61 and its 200 day moving average price is $71.42.
Semtech (NASDAQ:SMTC – Get Rating) last posted its quarterly earnings data on Wednesday, June 1st. The semiconductor company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. Semtech had a return on equity of 20.24% and a net margin of 18.15%. The business had revenue of $202.10 million for the quarter, compared to analyst estimates of $199.98 million. During the same period in the previous year, the company posted $0.38 earnings per share. The firm’s revenue for the quarter was up 18.6% on a year-over-year basis. Analysts anticipate that Semtech Co. will post 2.75 earnings per share for the current year.Vista IT Solutions (VITS) is an award-winning industry leader working across multiple industry verticals.
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I was asked again to design a Christmas card for Burswood Health Clinic this year. Last year I did a comic snowman design, adapted from something they'd seen elsewhere, and they wanted'something else funny'. A slightly scary request, but I did my best.
I came up with six concepts, and they chose this one:
The Clinic was in a mad rush, as usual, so I put this together very quickly. Unfortunately my workspace was by no means quiet, and I was in such a rush to get it sent off that I accidentally masked the bleed. (I want my own studio! Anyone want to fund me a turret somewhere?) When working in Illustrator I mask it while I'm working because I find the artboard with stuff visible distracting when I try to evaluate the design as a whole - but usually I remove the mask! It was a stupid mistake, and even more annoying because I had carefully checked the outlines and the colour separations and everything else. I don't usually make such mistakes, but there's a first time for everything, I suppose. I rang them as soon as I realised, but it was too late to fix it. Arg!
Most fortunately, it doesn't seem to have mattered:
I think they came out rather nicely! The clinic likes huge glossy cards - A5 - so this looks rather striking. My father isn't very impressed with this design at all, but the Clinic seem to be very happy with it, and that's what counts, after all.
Adobe Illustrator CC 2015 with a Wacom Intuos 5. About 6 hours.Well, my last post was March 1st and that was the day our new Scrumptious fabric arrived! So as you can guess I have been stitching away on my new projects, which will be finished and ready to go in a couple of weeks. Wish I could show you now, but they still have to be bound and photographed. It will be soon I promise. This line is so cheerful!
But speaking of life and how things get a little tough and crazy sometimes, just when you least expect it, that's exactly what happened to me 3 weeks ago. I went in for my yearly mammogram, you know, just so I could cross it off the list of things to do before life got really, really crazy with all the Quilt Market stuff. (Market is May 17-19). Well, long story short (this 3 weeks has seemed pretty long) I was diagnosed with Breast Cancer and am going in for surgery in the morning. Wow! I know, it kind of takes your breath away, I know it did mine. It took some time to wrap my mind around it, take in all the information and make decisions that will affect the rest of my life.
Yes,we have cried and laughed this past few weeks. Its been a bit of a roller coaster ride so far and its just beginning. I am a pretty private person and would not necessarily share this, but felt I should. My reason for even blogging about this is, first of all, I just want to say thanks to so many of you that have already heard and have been so thoughtful and kind. There hasn't been a day go by since, that someone hasn't called or visited or sent something. Words cannot express how grateful I am for so many friends and family that have given me the strength and courage to take this head on and that's exactly what I am going to do. I am not quitting my business, I am not putting my sewing machine away, I am still going to eat chocolate and dream up new designs. Yes, according to my doctors, I will have a year of chemotherapy, I will loose my hair, my eyelashes and eyebrows, I will be sick at times and good sometimes, but the kind I have is very curable. So, when I can, I will sew and if