Silicon MotionSIMO
Market Cap: $1.85B
About: Silicon Motion Technology Corp is active in the semiconductor industry and focuses on designing, developing, and marketing of controllers for managing NAND flash used in embedded storage applications, such as eMMC embedded memory. Its only operating segment is to develop NAND flash controllers and SSDs solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.
Employees: 1,546
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
138% more call options, than puts
Call options by funds: $67.8M | Put options by funds: $28.5M
92% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 24
48% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 62
11% more funds holding
Funds holding: 207 [Q1] → 229 (+22) [Q2]
7% more capital invested
Capital invested by funds: $1.96B [Q1] → $2.1B (+$136M) [Q2]
0.14% more ownership
Funds ownership: 19.11% [Q1] → 19.25% (+0.14%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q1] → 9 (+0) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Morgan Stanley Ray Wu 0% 1-year accuracy 0 / 2 met price target | 18%upside $65 | Overweight Maintained | 16 Sept 2024 |
B of A Securities Simon Woo 75% 1-year accuracy 3 / 4 met price target | 9%upside $60 | Underperform Downgraded | 16 Aug 2024 |
B. Riley Securities Craig Ellis 20% 1-year accuracy 11 / 56 met price target | 73%upside $95 | Buy Maintained | 5 Aug 2024 |
Needham Quinn Bolton 36% 1-year accuracy 47 / 130 met price target | 71%upside $94 | Buy Maintained | 8 Jul 2024 |
B. Riley Securities Craig Ellis 20% 1-year accuracy 11 / 56 met price target | 104%upside $112 | Buy Maintained | 8 Jul 2024 |
Financial journalist opinion
Based on 4 articles about SIMO published over the past 30 days