Recent Insider Trading: SMTC Corporation $SMTX

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SMTC Corporation (SMTX) insider have most recently took part in a trading activity. On Jun 19, 2017 Red Oak Partners, Llc, 10% Owner bought 7,706 shares having total worth of $10,018 at the price of $1.3 per share, following the transaction a total of 2,925,227 shares owned by Red Oak Partners, Llc. Before this latest buy, Red Oak Partners, Llc purchased SMTX at 6 other times during the past twelve months, for a total investment of $93,412 at an average of $1.27 per share.

The stock has experienced a total of 12 insider trades in the past three months. These trades include 12 buy trades. Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 12 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 12 0 -7.86%
12 Month 12 2 -9.79%

Shares of SMTC Corporation (SMTX) traded down 0.77% on Jun 20, 2017, hitting $1.29. 9,450 shares of the company’s stock traded hands. SMTC Corporation has a 52 week low of $1.12 and a 52 week high of $1.74. The company’s market cap is $23 million.

SMTC Corporation (SMTX) last announced its earnings results on May 16, 2017. The company reported 0.00 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted 0.06 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-05-16 2017-03-08 2016-11-03 2016-08-08 2016-05-05 2016-03-16 2015-10-27 2015-07-28 2015-04-28 2015-03-30
earnings per share 0.00 -0.03 0.00 -0.04 0.06 0.05 -0.08 0.06 -0.03 -0.15
Revenue(M) 0 39.65 42.68 43.62 41.92 60.74 53.43 57.74 48.71 57.04

SMTC Corporation is a Delaware corporation. The Company is a mid-tier provider of end-to-end electronics manufacturing services, or EMS, including product design and sustaining engineering services, printed circuit board assembly, or PCBA, production, enclosure fabrication, systems integration and comprehensive testing services, configuration to order and end customer fulfillment. The Company’s services extend over the entire electronic product life cycle from the development and introduction of new products through to growth, maturity and end-of-life phases. It offers fully integrated contract manufacturing services to global original equipment manufacturers, or OEMs, and technology companies mainly within the industrial, networking and computing, and communications market segments. Its Markham, Ontario (Toronto) site serves as a technical service center of, with particular emphasis on supporting its global manufacturing locations in value engineering, transition management, global supply chain management and procurement engineering. Its Chihuahua, Mexico facility operates in a ‘Copy-Exact’ lean process environment located close to North American OEM’s. Offering state of the art PCBA and a suite of system integration services, along with enclosure and precision sheet metal fabrication, the facility services OEMs requiring lowest cost North America manufacturing. Its San Jose, California operations specialize in new product integration, printed circuit board assemblies, system integration, configuration-to-order services, and provides U.S. Federal Standard 209E class 10,000 clean room capabilities for medical device final assemblies and packaging. SMTC currently operates two large scale manufacturing facilities located in China. One facility is in ChangAn and the other facility in Suzhou. These facilities offer a suite of integrated manufacturing services including PCB assembly, testing, box build, final product integration, world-wide customer logistics, and expanded supply chain capabilities through its Hong Kong sourcing and procurement office. It competes against large contract manufacturers such as Celestica Inc., Flextronics International Ltd., Jabil Circuit, Inc., Sanmina-SCI, Inc., Benchmark Electronics Inc., and Plexus Corp., as well as numerous mid-size, regional and smaller EMS providers. The Company’s operations are subject to certain federal, state, provincial and local regulatory requirements mainly relating to environmental compliance and site cleanups, waste management and health and safety matters.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.