Concentric Capital Strategies LP Sells 29,851 Shares of Silicon Motion Technology Corporation $SIMO

Posted by Brian Himes on Jun 18th, 2026

Concentric Capital Strategies LP decreased its holdings in shares of Silicon Motion Technology Corporation (NASDAQ:SIMO – Free Report) by 30.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,044 shares of the semiconductor producer’s stock after selling 29,851 shares during the quarter. Concentric Capital Strategies LP owned about 0.20% of Silicon Motion Technology worth $6,400,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Apis Capital Advisors LLC boosted its position in shares of Silicon Motion Technology by 11.7% in the 3rd quarter. Apis Capital Advisors LLC now owns 286,000 shares of the semiconductor producer’s stock worth $27,116,000 after purchasing an additional 30,000 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Silicon Motion Technology by 44.3% during 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 grew its position in shares of Silicon Motion Technology by 39.0% during the 4th 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 during the period. Neumeier Poma Investment Counsel LLC increased its stake in shares of Silicon Motion Technology by 10.7% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 478,463 shares of the semiconductor producer’s stock valued at $45,363,000 after acquiring an additional 46,208 shares during the last quarter. Finally, Granahan Investment Management LLC increased its stake in shares of Silicon Motion Technology by 59.7% in the 3rd quarter. Granahan Investment Management LLC now owns 207,758 shares of the semiconductor producer’s stock valued at $19,698,000 after acquiring an additional 77,667 shares during the last quarter. Institutional investors and hedge funds own 78.02% of the company’s stock.

Silicon Motion Technology Stock Up 8.6%

Shares of NASDAQ SIMO opened at $307.12 on Thursday. The business’s 50 day moving average price is $224.72 and its two-hundred day moving average price is $152.11. The company has a market cap of $10.41 billion, a PE ratio of 61.06, a price-to-earnings-growth ratio of 0.69 and a beta of 1.72. Silicon Motion Technology Corporation has a twelve month low of $68.79 and a twelve month high of $316.28.

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

Analyst Ratings Changes

A number of brokerages 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 report on Sunday, May 3rd. Craig Hallum reiterated a “buy” rating and set a $250.00 target price on shares of Silicon Motion Technology in a report on Thursday, April 30th. Susquehanna increased their price target on Silicon Motion Technology from $175.00 to $275.00 and gave the stock a “positive” rating in a report on Thursday, April 30th. Weiss Ratings cut Silicon Motion Technology from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Wedbush boosted their price objective on Silicon Motion Technology from $180.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Silicon Motion Technology currently has an average rating of “Buy” and an average target price of $222.14.

Check Out Our Latest Stock Report on Silicon Motion Technology

Silicon Motion Technology 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.