Silicon Motion Technology Corporation $SIMO Shares Sold by Reinhart Partners LLC.

Posted by Stanley Muller on Oct 10th, 2026

Reinhart Partners LLC. lowered its stake in Silicon Motion Technology Corporation (NASDAQ:SIMO – Free Report) by 4.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 919,626 shares of the semiconductor producer’s stock after selling 46,434 shares during the quarter. Silicon Motion Technology comprises approximately 6.3% of Reinhart Partners LLC.’s holdings, making the stock its largest holding. Reinhart Partners LLC. owned 2.71% of Silicon Motion Technology worth $257,495,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Assetmark Inc. grew its stake in shares of Silicon Motion Technology by 2.3% during the first quarter. Assetmark Inc. now owns 2,814 shares of the semiconductor producer’s stock worth $316,000 after purchasing an additional 63 shares during the period. Cooper Investors PTY Ltd. acquired a new position in Silicon Motion Technology in the second quarter valued at about $34,000. Hardy Reed LLC boosted its holdings in Silicon Motion Technology by 3.4% during the first quarter. Hardy Reed LLC now owns 5,010 shares of the semiconductor producer’s stock worth $563,000 after buying an additional 166 shares during the last quarter. Allworth Financial LP boosted its holdings in Silicon Motion Technology by 26.4% during the second quarter. Allworth Financial LP now owns 834 shares of the semiconductor producer’s stock worth $278,000 after buying an additional 174 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Silicon Motion Technology by 16.8% during the 3rd quarter. GAMMA Investing LLC now owns 1,334 shares of the semiconductor producer’s stock worth $374,000 after buying an additional 192 shares during the period. Institutional investors and hedge funds own 78.02% of the company’s stock.

Analyst Upgrades and Downgrades

SIMO has been the subject of a number of recent analyst reports. 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 note on Friday, July 31st. Wall Street Zen cut shares of Silicon Motion Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. Needham & Company LLC upped their target price on shares of Silicon Motion Technology from $240.00 to $355.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Craig Hallum reaffirmed a “buy” rating and issued a $325.00 target price on shares of Silicon Motion Technology in a research note on Friday, July 31st. Finally, Wedbush increased 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. Nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $341.43.

Check Out Our Latest Report on SIMO

Silicon Motion Technology Stock Performance

Shares of SIMO opened at $263.90 on Friday. The stock has a 50 day simple moving average of $259.89 and a 200 day simple moving average of $244.00. Silicon Motion Technology Corporation has a 52-week low of $79.76 and a 52-week high of $355.00. The firm has a market capitalization of $8.95 billion, a PE ratio of 30.94, a P/E/G ratio of 0.45 and a beta of 1.69.

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

Silicon Motion Technology News Summary

Here are the key news stories impacting Silicon Motion Technology this week:

Positive Sentiment: Analysts continue to view SIMO favorably, with Wall Street recommendations broadly rated “Buy.” Positive analyst sentiment may help support the stock following its recent pullback. Wall Street Analysts See Silicon Motion as a Buy
Positive Sentiment: Silicon Motion is expanding its artificial-intelligence infrastructure opportunity through its MonTitan enterprise SSD controller platform. The technology is designed for cloud infrastructure, data centers and edge devices, potentially benefiting from increasing demand for high-performance storage in AI applications. Silicon Motion Boosts AI Infrastructure Capabilities
Positive Sentiment: One market commentary argues that SIMO may still be undervalued despite a roughly 438% advance, suggesting investors may be focusing on the company’s growth prospects rather than its recent gains. Silicon Motion Stock Could Be Undervalued
Positive Sentiment: Investors purchased a large volume of SIMO call options, indicating speculative bullish positioning and expectations for further upside, although options activity alone does not establish fundamental value. Investors Buy Large Volume of Call Options
Neutral Sentiment: Silicon Motion will release third-quarter 2026 results after the market closes on October 28 and hold its earnings call on October 29. The announcement provides a clear upcoming catalyst, but results and guidance will determine the actual market reaction. Silicon Motion Announces Third Quarter 2026 Earnings Conference Call
Neutral Sentiment: Reported short interest was listed at zero shares with a zero-day days-to-cover ratio. This points to minimal disclosed bearish positioning, but the unusual figure may reflect reporting limitations or a data inconsistency rather than a meaningful trading signal.
Negative Sentiment: SIMO fell 8.36% in the latest referenced session, underperforming the broader market. The decline likely reflects profit-taking and heightened valuation concerns after its substantial run, though follow-up commentary is examining what may drive the next move. Silicon Motion Dips More Than the Broader Market

About Silicon Motion Technology

(Free Report)

Silicon Motion Technology Corporation is a fabless semiconductor company that designs and develops NAND flash storage controllers and related semiconductor solutions. Its products manage data storage, performance, reliability and power consumption in devices that use NAND flash memory.

The company supplies controllers for client solid-state drives (SSDs), enterprise and industrial storage applications, embedded storage products such as eMMC and UFS, and removable storage including memory cards and USB flash drives.