Insider Selling: Silicon Motion Technology (NASDAQ:SIMO) Director Sells $610,000.00 in Stock

Posted by Geri Gentry on Jun 27th, 2026

Silicon Motion Technology Corporation (NASDAQ:SIMO – Get Free Report) Director Kuan-Ming Lin sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $305.00, for a total transaction of $610,000.00. Following the completion of the sale, the director directly owned 8,500 shares of the company’s stock, valued at approximately $2,592,500. This represents a 19.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Silicon Motion Technology Price Performance

SIMO stock opened at $305.28 on Friday. The firm has a 50-day moving average of $252.00 and a 200 day moving average of $163.02. The company has a market cap of $10.35 billion, a P/E ratio of 60.69, a PEG ratio of 0.73 and a beta of 1.72. Silicon Motion Technology Corporation has a 1 year low of $70.12 and a 1 year high of $355.00.

Silicon Motion Technology (NASDAQ:SIMO – Get Free Report) last posted its 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. Silicon Motion Technology had a return on equity of 20.24% and a net margin of 16.02%.The firm had revenue of $342.11 million for the quarter, compared to the consensus estimate of $299.53 million. During the same quarter in the prior year, the business earned $0.60 EPS. The business’s revenue for the quarter was up 105.5% on a year-over-year basis. On average, equities research analysts expect that Silicon Motion Technology Corporation will post 8.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Silicon Motion Technology

Several institutional investors and hedge funds have recently modified their holdings of SIMO. Apis Capital Advisors LLC grew its position in Silicon Motion Technology by 11.7% during the 3rd quarter. Apis Capital Advisors LLC now owns 286,000 shares of the semiconductor producer’s stock valued at $27,116,000 after purchasing an additional 30,000 shares during the last quarter. SG Americas Securities LLC raised its holdings in Silicon Motion Technology by 44.3% in the fourth quarter. SG Americas Securities LLC now owns 16,290 shares of the semiconductor producer’s stock worth $1,510,000 after buying an additional 5,002 shares during the last quarter. UBS Group AG lifted its stake in shares of Silicon Motion Technology by 39.0% in the fourth quarter. UBS Group AG now owns 351,541 shares of the semiconductor producer’s stock worth $32,588,000 after buying an additional 98,548 shares in the last quarter. Neumeier Poma Investment Counsel LLC lifted its stake in shares of Silicon Motion Technology by 10.7% in the third quarter. Neumeier Poma Investment Counsel LLC now owns 478,463 shares of the semiconductor producer’s stock worth $45,363,000 after buying an additional 46,208 shares in the last quarter. Finally, Granahan Investment Management LLC grew its holdings in shares of Silicon Motion Technology by 59.7% during the third quarter. Granahan Investment Management LLC now owns 207,758 shares of the semiconductor producer’s stock valued at $19,698,000 after buying an additional 77,667 shares during the last quarter. 78.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Roth Mkm reiterated a “buy” rating and issued a $250.00 price objective on shares of Silicon Motion Technology in a report on Wednesday, April 29th. Susquehanna upped their target price on shares of Silicon Motion Technology from $175.00 to $275.00 and gave the stock a “positive” rating in a research report on Thursday, April 30th. Craig Hallum reiterated a “buy” rating and issued a $250.00 price target on shares of Silicon Motion Technology in a research note on Thursday, April 30th. Wall Street Zen raised shares of Silicon Motion Technology from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 3rd. Finally, Wedbush boosted their price objective on shares of Silicon Motion Technology from $230.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $246.43.

View Our Latest Stock Report on SIMO

About Silicon Motion Technology

(Get 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.