Entropy Technologies LP Acquires 3,295 Shares of Silicon Motion Technology Corporation $SIMO

Posted by George Bondi on Jul 28th, 2026

Entropy Technologies LP increased its holdings in shares of Silicon Motion Technology Corporation (NASDAQ:SIMO – Free Report) by 49.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,895 shares of the semiconductor producer’s stock after purchasing an additional 3,295 shares during the quarter. Entropy Technologies LP’s holdings in Silicon Motion Technology were worth $1,111,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Reinhart Partners LLC. lifted its stake in Silicon Motion Technology by 4.8% in the fourth quarter. Reinhart Partners LLC. now owns 1,573,355 shares of the semiconductor producer’s stock valued at $145,851,000 after buying an additional 72,421 shares in the last quarter. Hawk Ridge Capital Management LP increased its position in shares of Silicon Motion Technology by 111.3% during the fourth quarter. Hawk Ridge Capital Management LP now owns 787,747 shares of the semiconductor producer’s stock worth $73,024,000 after acquiring an additional 415,000 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Silicon Motion Technology by 2.3% during the third quarter. Lazard Asset Management LLC now owns 783,663 shares of the semiconductor producer’s stock worth $74,299,000 after acquiring an additional 17,741 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Silicon Motion Technology by 40.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 623,953 shares of the semiconductor producer’s stock worth $57,840,000 after acquiring an additional 181,206 shares during the period. Finally, Wolf Hill Capital Management LP acquired a new stake in shares of Silicon Motion Technology during the fourth quarter worth $53,893,000. 78.02% of the stock is currently owned by institutional investors and hedge funds.

Silicon Motion Technology Trading Down 9.8%

Shares of SIMO stock opened at $244.45 on Tuesday. The firm’s fifty day moving average price is $291.08 and its two-hundred day moving average price is $193.84. Silicon Motion Technology Corporation has a 1 year low of $71.35 and a 1 year high of $355.00. The firm has a market capitalization of $8.29 billion, a P/E ratio of 48.60, a PEG ratio of 0.60 and a beta of 1.70.

Silicon Motion Technology (NASDAQ:SIMO – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The semiconductor producer reported $1.58 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $342.11 million during the quarter, compared to analysts’ expectations of $299.53 million. During the same quarter last year, the company earned $0.60 EPS. Silicon Motion Technology’s revenue for the quarter was up 105.5% compared to the same quarter last year. As a group, equities research analysts forecast that Silicon Motion Technology Corporation will post 8.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Craig Hallum reaffirmed a “buy” rating and issued a $250.00 target price on shares of Silicon Motion Technology in a research note on Thursday, April 30th. Wall Street Zen downgraded Silicon Motion Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Susquehanna boosted their price target on Silicon Motion Technology from $175.00 to $275.00 and gave the company a “positive” rating in a report on Thursday, April 30th. B. Riley Financial restated a “buy” rating on shares of Silicon Motion Technology in a report on Thursday, April 30th. Finally, Wedbush increased their price objective on Silicon Motion Technology from $230.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $246.43.

View Our Latest Research Report on Silicon Motion Technology

Insider Activity at Silicon Motion Technology

In other Silicon Motion Technology news, Director Kuan-Ming Lin sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $305.00, for a total transaction of $610,000.00. Following 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 legal filing with the SEC, which is available through this hyperlink. Also, Director Han-Ping Shieh sold 1,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $328.00, for a total transaction of $328,000.00. Following the sale, the director directly owned 7,500 shares in the company, valued at $2,460,000. This trade represents a 11.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 4,000 shares of company stock valued at $1,239,250. 5.34% of the stock is currently owned by insiders.

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.