Rice Hall James & Associates Llc increased its stake in Semtech Corp. (SMTC) by 33.72% based on its latest 2018Q1 regulatory filing with the SEC. Rice Hall James & Associates Llc bought 202,268 shares as the company’s stock rose 29.74% while stock markets declined. The institutional investor held 802,111 shares of the semiconductors company at the end of 2018Q1, valued at $31.32 million, up from 599,843 at the end of the previous reported quarter. Rice Hall James & Associates Llc who had been investing in Semtech Corp. for a number of months, seems to be bullish on the $3.36 billion market cap company. The stock increased 0.40% or $0.2 during the last trading session, reaching $50.7. About 452,756 shares traded. Semtech Corporation (NASDAQ:SMTC) has risen 23.02% since June 17, 2017 and is uptrending. It has outperformed by 10.45% the S&P500. Some Historical SMTC News: 28/03/2018 – Semtech Company Marketing Scheduled By FBR for Apr. 4; 22/03/2018 – Semtech Announces Technology Sponsorship of Startups Ventura County; 03/05/2018 – Semtech and Comcast’s machineQ Announce LoRaWAN Network Availability in 10 Cities; 14/03/2018 – SEMTECH CORP QTRLY GAAP SHR LOSS $0.02; 02/05/2018 – Semtech Doesn’t Expect Deal to Have Any Material Impact on Earnings; 05/04/2018 – Semtech and loTsens Deliver a Smart Water Solution for Smart City Pilot in Spain; 30/05/2018 – Semtech 1Q EPS 18c; 30/05/2018 – Semtech 1Q Adj EPS 47c; 16/05/2018 – Semtech’s LoRa Technology Integrated in AcSip’s Module for IoT Applications; 20/03/2018 – Semtech: Glen M. Antle Won’t Run for Re-Election to Board in June
Brown Capital Management Llc increased its stake in Zoetis Inc (ZTS) by 91.54% based on its latest 2018Q1 regulatory filing with the SEC. Brown Capital Management Llc bought 3,897 shares as the company’s stock rose 0.44% while stock markets declined. The institutional investor held 8,154 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $681,000, up from 4,257 at the end of the previous reported quarter. Brown Capital Management Llc who had been investing in Zoetis Inc for a number of months, seems to be bullish on the $43.16B market cap company. The stock increased 1.19% or $1.05 during the last trading session, reaching $89.2. About 4.21M shares traded or 73.86% up from the average. Zoetis Inc. (NYSE:ZTS) has risen 33.70% since June 17, 2017 and is uptrending. It has outperformed by 21.13% the S&P500. Some Historical ZTS News: 01/05/2018 – Forbes Names Zoetis One of America’s Best Employers for Third Year in a Row; 02/05/2018 – Zoetis 1Q EPS 72c; 16/05/2018 – Zoetis To Buy Veterinary Diagnostics Company Abaxis For A 16% Premium — MarketWatch; 16/05/2018 – ABAXIS – DEAL AGREEMENT ALSO PROVIDES THAT TERMINATION FEE OF $120 MLN MAY BE PAYABLE BY ZOETIS TO THE COMPANY UNDER OTHER SPECIFIED CIRCUMSTANCES; 21/04/2018 – DJ Zoetis Inc Class A, Inst Holders, 1Q 2018 (ZTS); 16/05/2018 – Zoetis to Buy Abaxis for $2 Billion as Firms Prowl for Pet Deals; 02/05/2018 – Zoetis Backs FY Adj EPS $2.96-Adj EPS $3.10; 02/05/2018 – ZOETIS SEES FY ADJ EPS $2.96 TO $3.10, EST. $3.04; 16/05/2018 – Zoetis Expects to Complete Acquisition Before End 2018; 16/05/2018 – ZOETIS TO BUY ABAXIS FOR US $83/SHR IN CASH
Brown Capital Management Llc, which manages about $7.02 billion and $8.81B US Long portfolio, decreased its stake in Incyte Corp (NASDAQ:INCY) by 105,806 shares to 592,717 shares, valued at $49.39 million in 2018Q1, according to the filing. It also reduced its holding in Guidewire Software Inc (NYSE:GWRE) by 110,374 shares in the quarter, leaving it with 3.35M shares, and cut its stake in Ipg Photonics Corp (NASDAQ:IPGP).
Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.01, from 1.13 in 2017Q4. It fall, as 33 investors sold ZTS shares while 270 reduced holdings. 99 funds opened positions while 239 raised stakes. 419.33 million shares or 2.37% less from 429.52 million shares in 2017Q4 were reported. Park National Corp Oh reported 0.03% of its portfolio in Zoetis Inc. (NYSE:ZTS). Usca Ria Ltd Limited Liability Company invested 0.06% of its portfolio in Zoetis Inc. (NYSE:ZTS). Manchester Cap Management Limited owns 498 shares. Thrivent Fincl For Lutherans invested in 402,503 shares. South Street Advsr stated it has 2,395 shares or 0.02% of all its holdings. Cipher Cap Ltd Partnership has invested 0.08% in Zoetis Inc. (NYSE:ZTS). Obermeyer Wood Invest Counsel Lllp invested in 2,675 shares. Hanseatic Mgmt Services accumulated 0.02% or 193 shares. Jag stated it has 3.27% in Zoetis Inc. (NYSE:ZTS). Agf Investments holds 120,376 shares. Riverhead Ltd Llc holds 50,849 shares. Legal General Group Public Ltd Com holds 2.35M shares or 0.15% of its portfolio. The Florida-based Daniel Devine And has invested 1.51% in Zoetis Inc. (NYSE:ZTS). Kj Harrison & Partners, Ontario – Canada-based fund reported 21,000 shares. Huntington Fincl Bank has 2,821 shares.
Since February 21, 2018, it had 0 insider purchases, and 5 insider sales for $7.23 million activity. 35,663 Zoetis Inc. (NYSE:ZTS) shares with value of $2.89M were sold by Lagano Roxanne. 4,877 shares were sold by PECK KRISTIN C, worth $407,034 on Tuesday, May 1. The insider Trawicki Roman sold 8,568 shares worth $712,001.
Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Zoetis Inc had 80 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Monday, July 10. The stock of Zoetis Inc. (NYSE:ZTS) earned “Buy” rating by Deutsche Bank on Monday, July 17. As per Friday, October 13, the company rating was maintained by Cowen & Co. As per Wednesday, June 1, the company rating was initiated by Stifel Nicolaus. As per Monday, February 26, the company rating was maintained by Jefferies. The stock has “Buy” rating by Jefferies on Friday, June 16. The firm has “Overweight” rating given on Friday, June 16 by Cantor Fitzgerald. Deutsche Bank maintained it with “Hold” rating and $78 target in Friday, February 16 report. The firm has “Buy” rating by Jefferies given on Friday, April 13. The rating was maintained by BMO Capital Markets with “Buy” on Friday, May 5.
Rice Hall James & Associates Llc, which manages about $1.51 billion and $2.56B US Long portfolio, decreased its stake in Marinemax Inc. (NYSE:HZO) by 18,526 shares to 84,905 shares, valued at $1.65M in 2018Q1, according to the filing. It also reduced its holding in Cbiz Inc. (NYSE:CBZ) by 82,180 shares in the quarter, leaving it with 105,456 shares, and cut its stake in Axon Enterprise Inc..
More notable recent Semtech Corporation (NASDAQ:SMTC) news were published by: Globenewswire.com which released: “Semtech Announces First Quarter of Fiscal Year 2019 Results” on May 30, 2018, also Nasdaq.com with their article: “Semtech Introduces Tri-Edge, A PAM4 CDR Platform for Data Center Applications” published on May 29, 2018, Seekingalpha.com published: “Stocks To Watch: Don’t Sleep On Vienna” on June 16, 2018. More interesting news about Semtech Corporation (NASDAQ:SMTC) were released by: Globenewswire.com and their article: “Semtech to Present Educational Sessions at InfoComm 2018” published on May 24, 2018 as well as Nasdaq.com‘s news article titled: “Semtech and Comcast’s machineQ Sponsor City Innovate to Foster Development of Smart Cities” with publication date: May 21, 2018.
Among 13 analysts covering Semtech (NASDAQ:SMTC), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Semtech had 47 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Semtech Corporation (NASDAQ:SMTC) earned “Hold” rating by RBC Capital Markets on Monday, July 3. The stock of Semtech Corporation (NASDAQ:SMTC) earned “Buy” rating by Needham on Thursday, May 31. As per Thursday, May 31, the company rating was maintained by Roth Capital. Needham maintained Semtech Corporation (NASDAQ:SMTC) rating on Friday, March 23. Needham has “Buy” rating and $4500 target. As per Monday, October 2, the company rating was maintained by RBC Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Thursday, November 30. Robert W. Baird maintained the shares of SMTC in report on Wednesday, August 30 with “Buy” rating. The rating was maintained by Needham with “Buy” on Thursday, January 18. Oppenheimer maintained Semtech Corporation (NASDAQ:SMTC) on Sunday, August 27 with “Buy” rating. The firm has “Buy” rating given on Thursday, May 31 by Drexel Hamilton.
Investors sentiment increased to 1.21 in 2018 Q1. Its up 0.10, from 1.11 in 2017Q4. It is positive, as 19 investors sold SMTC shares while 61 reduced holdings. 31 funds opened positions while 66 raised stakes. 62.89 million shares or 0.83% less from 63.42 million shares in 2017Q4 were reported. Tci Wealth Advsr has 0% invested in Semtech Corporation (NASDAQ:SMTC). Mason Street Advsr Limited Liability Com accumulated 18,409 shares. Wesbanco Commercial Bank Inc holds 0.01% or 6,000 shares in its portfolio. Boothbay Fund Ltd Liability Corp owns 0.1% invested in Semtech Corporation (NASDAQ:SMTC) for 22,679 shares. State Of Alaska Department Of Revenue, a Alaska-based fund reported 21,415 shares. Wolverine Asset Mgmt Ltd Llc holds 47,464 shares. Lpl Ltd Llc, a California-based fund reported 8,722 shares. Services Automobile Association reported 11,971 shares. Century accumulated 112,372 shares. Vanguard Group Incorporated accumulated 6.47 million shares. Palisade Mgmt Ltd Limited Liability Company Nj owns 526,904 shares. Great West Life Assurance Can holds 0.01% or 89,376 shares in its portfolio. Victory Mgmt reported 62,822 shares. 9,034 were accumulated by First Republic Inv Mgmt. 18,670 were accumulated by Shell Asset.
Since January 5, 2018, it had 0 insider purchases, and 40 insider sales for $16.81 million activity. $288,156 worth of Semtech Corporation (NASDAQ:SMTC) shares were sold by WILSON JOHN MICHAEL. 2,000 shares valued at $76,000 were sold by Silberstein Asaf on Friday, January 12. Brown Simon A also sold $78,719 worth of Semtech Corporation (NASDAQ:SMTC) shares. Shares for $54,075 were sold by KIM JAMES JUNGSUP on Friday, January 5. Ammann Charles B. sold $77,234 worth of stock or 2,250 shares. Faltemier Sharon K sold $307,363 worth of stock.