Magnachip SemiconductorMX
Market Cap: $167M
About: MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.
Employees: 891
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4.52% less ownership
Funds ownership: 63.11% [Q1] → 58.59% (-4.52%) [Q2]
14% less funds holding
Funds holding: 101 [Q1] → 87 (-14) [Q2]
19% less capital invested
Capital invested by funds: $135M [Q1] → $109M (-$25.5M) [Q2]
28% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 32
64% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 22
87% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $8.62M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Needham Quinn Bolton 34% 1-year accuracy 44 / 130 met price target | 57%upside $7 | Buy Maintained | 1 Aug 2024 |