The latest update is out from Semtech ( (SMTC) ).
On February 20, 2025, Semtech Corporation announced a Separation and General Release Agreement with Mark P. Russell, the Senior Vice President of Global Sales and Marketing, whose last day will be March 6, 2025. The agreement includes a severance package with a lump sum payment and a bonus for fiscal year 2025, indicating a strategic change in the company’s executive team that could impact its sales and marketing operations.
More about Semtech
Semtech Corporation is a company operating in the technology industry, focusing on providing advanced semiconductor products and services. The company is known for its solutions in the areas of analog and mixed-signal semiconductors, which cater to various market needs including Internet of Things (IoT) applications.
YTD Price Performance: -40.26%
Average Trading Volume: 2,677,051
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.2B
Find detailed analytics on SMTC stock on TipRanks’ Stock Analysis page.
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