Silicon MotionSIMO
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 Q3 regulatory filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $34.6M | Put options by funds: $20.6M
0.89% less ownership
Funds ownership: 20.99% [Q2] → 20.1% (-0.89%) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 77
14% less funds holding
Funds holding: 230 [Q2] → 198 (-32) [Q3]
30% less capital invested
Capital invested by funds: $2.29B [Q2] → $1.61B (-$685M) [Q3]
44% less funds holding in top 10
Funds holding in top 10: 9 [Q2] → 5 (-4) [Q3]
63% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 51
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Craig-Hallum Anthony Stoss 43% 1-year accuracy 15 / 35 met price target | 61%upside $90 | Buy Maintained | 1 Nov 2024 |
Susquehanna Mehdi Hosseini 53% 1-year accuracy 21 / 40 met price target | 70%upside $95 | Positive Maintained | 1 Nov 2024 |
Needham Quinn Bolton 47% 1-year accuracy 61 / 131 met price target | 34%upside $75 | Buy Maintained | 1 Nov 2024 |
Roth MKM Suji Desilva 53% 1-year accuracy 24 / 45 met price target | 43%upside $80 | Buy Maintained | 8 Oct 2024 |
Wedbush Matt Bryson 35% 1-year accuracy 15 / 43 met price target | 61%upside $90 | Outperform Reiterated | 2 Oct 2024 |
Financial journalist opinion
Based on 3 articles about SIMO published over the past 30 days