Insider Activity to Watch: SMTC Corporation $SMTX

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SMTC Corporation (SMTX) insider have most recently took part in a trading activity. On Dec 14, 2017 Waterfield John Randall, Director bought 58,200 shares having total worth of $95,448 at the price of $1.64 per share, following the transaction a total of 481,042 shares owned by Waterfield John Randall.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 5 buy trades. Furthermore, over the past 12 months , the stock was traded 31 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 29 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 5 0 45%
12 Month 29 2 15.23%

SMTC Corporation (SMTX) last announced its earnings results on Nov 2, 2017. The company reported -0.03 earnings per share (EPS) for the quarter. The company had revenue of $34 million for the quarter The company’s revenue for the quarter was down 19% on a year-over-year basis.

2017-11-02 2017-08-02 2017-05-16 2017-03-08 2016-11-03 2016-08-08 2016-05-05 2016-03-16 2015-10-27 2015-07-28
earnings per share -0.03 -0.19 0.00 -0.03 0.00 -0.04 0.06 0.05 -0.08 0.06
Revenue(M) 34.42 33 0 39.65 42.68 43.62 41.92 60.74 53.43 57.74

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.