Paradigm Capital Management Raised Kratos Defense & Security Solu (KTOS) Stake; Semtech (SMTC) Had 12 Bulls

May 16, 2018 - By Richard Conner

Semtech Corporation (NASDAQ:SMTC) Logo

Among 13 analysts covering Semtech (NASDAQ:SMTC), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Semtech had 41 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Wednesday, April 4 by PiperJaffray. The rating was maintained by Oppenheimer with “Buy” on Thursday, June 29. As per Monday, August 3, the company rating was reinitiated by RBC Capital Markets. As per Friday, August 14, the company rating was upgraded by B. Riley & Co. The company was maintained on Wednesday, August 30 by RBC Capital Markets. The rating was maintained by Needham on Thursday, January 18 with “Buy”. Drexel Hamilton maintained the shares of SMTC in report on Wednesday, March 14 with “Buy” rating. The stock has “Buy” rating by Roth Capital on Thursday, March 15. The stock of Semtech Corporation (NASDAQ:SMTC) has “Buy” rating given on Thursday, June 1 by Drexel Hamilton. RBC Capital Markets maintained Semtech Corporation (NASDAQ:SMTC) rating on Monday, October 2. RBC Capital Markets has “Hold” rating and $39.0 target. See Semtech Corporation (NASDAQ:SMTC) latest ratings:

09/05/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
12/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $50.0000 Maintain
04/04/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Old Target: $35 Upgrade
23/03/2018 Broker: Needham Rating: Buy New Target: $45.0000 Maintain
15/03/2018 Broker: Roth Capital Rating: Buy New Target: $45.0 Maintain
15/03/2018 Broker: Needham Rating: Buy New Target: $45.0 Maintain
14/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $40.0 Maintain
14/03/2018 Broker: Drexel Hamilton Rating: Buy New Target: $45.0 Maintain
18/01/2018 Broker: Needham Rating: Buy New Target: $42.0 Maintain
05/01/2018 Broker: Roth Capital Rating: Buy New Target: $39 Initiates Coverage On

Paradigm Capital Management Inc increased Kratos Defense & Security Solu (KTOS) stake by 40.17% reported in 2017Q4 SEC filing. Paradigm Capital Management Inc acquired 672,100 shares as Kratos Defense & Security Solu (KTOS)’s stock declined 12.63%. The Paradigm Capital Management Inc holds 2.35M shares with $24.84M value, up from 1.67 million last quarter. Kratos Defense & Security Solu now has $1.13B valuation. The stock decreased 3.11% or $0.35 during the last trading session, reaching $10.89. About 2.51 million shares traded or 25.77% up from the average. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has risen 19.52% since May 16, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Investors sentiment decreased to 1.68 in Q4 2017. Its down 0.08, from 1.76 in 2017Q3. It dropped, as 26 investors sold KTOS shares while 27 reduced holdings. 37 funds opened positions while 52 raised stakes. 60.62 million shares or 6.85% more from 56.73 million shares in 2017Q3 were reported. Rhumbline Advisers has 77,800 shares for 0% of their portfolio. Numeric Investors Lc reported 30,300 shares. Rafferty Asset Management Ltd Llc holds 0% of its portfolio in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) for 26,068 shares. National Bank Of Montreal Can owns 0% invested in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) for 100 shares. Advisory Research invested 0.01% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Dimensional Fund Advisors Lp holds 0.02% of its portfolio in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) for 3.57 million shares. Washington Trust National Bank owns 3,701 shares for 0.01% of their portfolio. Hightower Lc holds 0.01% of its portfolio in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) for 109,531 shares. Fuller & Thaler Asset Mgmt reported 0.03% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Commerzbank Aktiengesellschaft Fi has 117,104 shares. Asset Management One Limited stated it has 0% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). Swiss Bank reported 0% stake. 3,154 are owned by Public Employees Retirement Association Of Colorado. State Of Wisconsin Investment Board reported 275,000 shares or 0.01% of all its holdings. Stephens Invest Management Grp Limited has invested 0.11% in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS).

Paradigm Capital Management Inc decreased R1 Rcm Inc stake by 114,400 shares to 6.85M valued at $30.22 million in 2017Q4. It also reduced Allegheny Technologies Inc (NYSE:ATI) stake by 12,900 shares and now owns 51,250 shares. Kelly Services Inc Class A (NASDAQ:KELYA) was reduced too.

Among 13 analysts covering Kratos Defense and Security (NASDAQ:KTOS), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Kratos Defense and Security had 32 analyst reports since August 29, 2016 according to SRatingsIntel. As per Wednesday, January 3, the company rating was maintained by Noble Financial. The firm earned “Buy” rating on Thursday, January 19 by SunTrust. Noble Financial maintained Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) rating on Friday, May 11. Noble Financial has “Buy” rating and $1500 target. Canaccord Genuity maintained the shares of KTOS in report on Friday, October 27 with “Buy” rating. The stock of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has “Hold” rating given on Friday, July 14 by Jefferies. The rating was maintained by Jefferies on Monday, January 8 with “Hold”. The firm has “Buy” rating by Canaccord Genuity given on Thursday, August 10. On Monday, August 29 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The stock has “Buy” rating by Canaccord Genuity on Friday, June 9. Noble Financial maintained the stock with “Buy” rating in Wednesday, June 28 report.

Since March 5, 2018, it had 4 insider buys, and 0 insider sales for $184,962 activity. On Friday, March 16 Jarvis Scot B bought $100,280 worth of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) or 10,000 shares. Zegart Amy also bought $34,993 worth of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) shares. The insider Carrai Phillip D bought 4,000 shares worth $37,802. Another trade for 1,100 shares valued at $11,887 was made by Judd Jane Elizabeth on Monday, March 5.

More notable recent Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) news were published by: Nasdaq.com which released: “Detailed Research: Economic Perspectives on Medtronic, NVIDIA, NutriSystem, AmTrust Financial Services, Kratos …” on May 16, 2018, also Bizjournals.com with their article: “Growth mode: Kratos Defense expansion leads to more jobs, training programs” published on May 10, 2018, Bizjournals.com published: “Kratos’ Orlando exec reveals details about hiring plans, expansion and why he’s passionate about simulation” on May 08, 2018. More interesting news about Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) were released by: Globenewswire.com and their article: “Kratos Advances to Gremlins Phase III” published on April 18, 2018 as well as Seekingalpha.com‘s news article titled: “Kratos Defense & Security Solutions’ (KTOS) CEO Eric DeMarco on Q1 2018 Results – Earnings Call Transcript” with publication date: May 11, 2018.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products. The company has market cap of $2.84 billion. The firm provides signal integrity products, including a portfolio of optical communications, broadcast video, and backplane products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for optical transceivers, backplane, and high-speed interface applications. It has a 79.63 P/E ratio. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications.

The stock increased 0.12% or $0.05 during the last trading session, reaching $43. About 118,690 shares traded. Semtech Corporation (NASDAQ:SMTC) has risen 15.50% since May 16, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Since December 13, 2017, it had 0 insider buys, and 34 selling transactions for $7.15 million activity. MAHESWARAN MOHAN sold $743,461 worth of stock. Pegulu Marc also sold $86,413 worth of Semtech Corporation (NASDAQ:SMTC) shares. WILSON JOHN MICHAEL sold $357,760 worth of Semtech Corporation (NASDAQ:SMTC) on Monday, January 8. $307,363 worth of stock was sold by Faltemier Sharon K on Wednesday, March 21. $502,961 worth of Semtech Corporation (NASDAQ:SMTC) was sold by Ammann Charles B.. Another trade for 1,500 shares valued at $60,750 was sold by Silberstein Asaf. On Wednesday, December 13 ANTLE GLEN M sold $172,801 worth of Semtech Corporation (NASDAQ:SMTC) or 5,000 shares.

More notable recent Semtech Corporation (NASDAQ:SMTC) news were published by: Globenewswire.com which released: “Semtech’s LoRa Technology Integrated in AcSip’s Module for IoT Applications” on May 16, 2018, also Globenewswire.com with their article: “Semtech Announces Acquisition of IC Interconnect” published on May 02, 2018, Globenewswire.com published: “Semtech Announces Accelerated Vesting of Comcast Warrant” on May 03, 2018. More interesting news about Semtech Corporation (NASDAQ:SMTC) were released by: Globenewswire.com and their article: “Semtech and Brazil’s Anatel Deploy LoRa Technology Nationwide” published on April 18, 2018 as well as Streetinsider.com‘s news article titled: “UPDATE: RBC Capital Upgrades Semtech Corp. (SMTC) to Outperform, ‘Upside Levers with LoRa and Downside …” with publication date: May 09, 2018.

Semtech Corporation (NASDAQ:SMTC) Institutional Positions Chart

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