Royal Bank of Canada Has $5.51 Million Stock Holdings in Silicon Motion Technology Corporation $SIMO

Posted by Francis Steltz on Aug 13th, 2026

Royal Bank of Canada boosted its holdings in shares of Silicon Motion Technology Corporation (NASDAQ:SIMO – Free Report) by 4.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,037 shares of the semiconductor producer’s stock after purchasing an additional 2,110 shares during the period. Royal Bank of Canada’s holdings in Silicon Motion Technology were worth $5,506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hawk Ridge Capital Management LP grew its stake in shares of Silicon Motion Technology by 48.9% in the 1st quarter. Hawk Ridge Capital Management LP now owns 1,173,315 shares of the semiconductor producer’s stock valued at $131,752,000 after purchasing an additional 385,568 shares during the period. Maverick Capital Ltd. acquired a new position in shares of Silicon Motion Technology in the 1st quarter worth approximately $827,000. Quantinno Capital Management LP bought a new position in shares of Silicon Motion Technology during the 1st quarter worth approximately $212,000. Polar Asset Management Partners Inc. bought a new position in shares of Silicon Motion Technology during the 1st quarter worth approximately $3,169,000. Finally, Lazard Asset Management LLC boosted its stake in Silicon Motion Technology by 3.1% in the 1st quarter. Lazard Asset Management LLC now owns 781,981 shares of the semiconductor producer’s stock valued at $87,809,000 after buying an additional 23,403 shares in the last quarter. Institutional investors own 78.02% of the company’s stock.

Insiders Place Their Bets

In other news, Director Kuan-Ming Lin sold 2,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $305.00, for a total value of $610,000.00. Following the completion of the sale, the director directly owned 8,500 shares in the company, valued at approximately $2,592,500. This trade represents a 19.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Han-Ping Shieh sold 1,000 shares of Silicon Motion Technology stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $328.00, for a total value of $328,000.00. Following the completion of the transaction, the director directly owned 7,500 shares of the company’s stock, valued at $2,460,000. This represents a 11.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 4,000 shares of company stock worth $1,239,250. Insiders own 5.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SIMO. B. Riley Financial upped their price target on Silicon Motion Technology from $312.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Needham & Company LLC lifted their price objective on Silicon Motion Technology from $240.00 to $355.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Susquehanna boosted their target price on shares of Silicon Motion Technology from $275.00 to $350.00 and gave the company a “positive” rating in a research note on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Silicon Motion Technology in a report on Monday, August 3rd. Finally, Wedbush upped their target price on shares of 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 given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $341.43.

Get Our Latest Stock Report on SIMO

Silicon Motion Technology Trading Up 7.7%

NASDAQ:SIMO opened at $241.31 on Thursday. The stock has a market capitalization of $8.18 billion, a P/E ratio of 28.29, a price-to-earnings-growth ratio of 0.39 and a beta of 1.71. Silicon Motion Technology Corporation has a 1 year low of $71.35 and a 1 year high of $355.00. The firm has a 50 day moving average of $282.85 and a 200-day moving average of $204.79.

Silicon Motion Technology (NASDAQ:SIMO – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor producer reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.13 by $0.30. Silicon Motion Technology had a return on equity of 32.04% and a net margin of 22.06%.The business had revenue of $451.00 million for the quarter, compared to analyst estimates of $403.41 million. During the same period in the prior year, the company earned $0.69 EPS. Silicon Motion Technology’s revenue for the quarter was up 127.0% on a year-over-year basis. As a group, analysts forecast that Silicon Motion Technology Corporation will post 10.78 EPS for the current fiscal year.

About Silicon Motion Technology

(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.