Reinhart Partners LLC. Purchases 72,421 Shares of Silicon Motion Technology Corporation $SIMO

Posted by on Jun 3rd, 2026

Reinhart Partners LLC. boosted its position in shares of Silicon Motion Technology Corporation (NASDAQ:SIMO – Free Report) by 4.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,573,355 shares of the semiconductor producer’s stock after acquiring an additional 72,421 shares during the period. Silicon Motion Technology makes up approximately 4.4% of Reinhart Partners LLC.’s portfolio, making the stock its 2nd largest position. Reinhart Partners LLC.’s holdings in Silicon Motion Technology were worth $145,851,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SIMO. Royal Bank of Canada grew its position in Silicon Motion Technology by 87.6% during the first quarter. Royal Bank of Canada now owns 69,660 shares of the semiconductor producer’s stock valued at $3,522,000 after buying an additional 32,527 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Silicon Motion Technology by 155.0% in the first quarter. Goldman Sachs Group Inc. now owns 73,988 shares of the semiconductor producer’s stock valued at $3,741,000 after purchasing an additional 44,976 shares during the period. Geode Capital Management LLC grew its position in shares of Silicon Motion Technology by 2.6% in the second quarter. Geode Capital Management LLC now owns 37,806 shares of the semiconductor producer’s stock valued at $2,842,000 after purchasing an additional 962 shares during the period. Creative Planning acquired a new stake in shares of Silicon Motion Technology in the second quarter valued at about $324,000. Finally, Legal & General Group Plc grew its position in shares of Silicon Motion Technology by 141.4% in the second quarter. Legal & General Group Plc now owns 9,738 shares of the semiconductor producer’s stock valued at $732,000 after purchasing an additional 5,704 shares during the period. Institutional investors and hedge funds own 78.02% of the company’s stock.

Silicon Motion Technology Trading Up 12.4%

SIMO opened at $301.27 on Wednesday. The firm has a market capitalization of $10.22 billion, a PE ratio of 59.89, a PEG ratio of 0.65 and a beta of 1.72. Silicon Motion Technology Corporation has a twelve month low of $62.91 and a twelve month high of $303.38. The firm’s 50-day moving average price is $185.13 and its 200 day moving average price is $135.69.

Silicon Motion Technology (NASDAQ:SIMO – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor producer reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.27. The firm had revenue of $342.11 million for the quarter, compared to analyst estimates of $299.53 million. Silicon Motion Technology had a net margin of 16.02% and a return on equity of 20.24%. Silicon Motion Technology’s quarterly revenue was up 105.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 earnings per share. As a group, analysts predict that Silicon Motion Technology Corporation will post 7.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SIMO. Wall Street Zen upgraded shares of Silicon Motion Technology from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 3rd. Susquehanna lifted their target price on shares of Silicon Motion Technology from $175.00 to $275.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. Needham & Company LLC lifted their target price on shares of Silicon Motion Technology from $125.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Craig Hallum reiterated a “buy” rating and issued a $250.00 target price on shares of Silicon Motion Technology in a research report on Thursday, April 30th. Finally, Roth Mkm reiterated a “buy” rating and issued a $250.00 target price on shares of Silicon Motion Technology in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $205.63.

Check Out Our Latest Report on Silicon Motion Technology

Silicon Motion Technology Company Profile

(Free Report)

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications.

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Institutional Ownership by Quarter for Silicon Motion Technology (NASDAQ:SIMO)

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