Clearline Capital Trims Semtech as Post-Sierra Model Drives Earnings

What happened According to a February 17, 2026, SEC filing, Clearline Capital LP reduced its position in Semtech (NASDAQ:SMTC) by 412,968 shares during the fourth quarter of 2025. The fund’s quarter-end position in Semtech was valued at $21.07 million, a $28.87 million decrease from the previous quarter, reflecting both share sales and price changes. What else to know This transaction was a sale. Following the trade, the position represents 1.04% of Clearline’s 13F reportable assets under management. T ...