STMicroelectronics (STM) News Today

$41.64
-0.29 (-0.69%)
(As of 05/17/2024 ET)
25,000 Shares in STMicroelectronics (NYSE:STM) Acquired by Jump Financial LLC
Jump Financial LLC bought a new stake in STMicroelectronics (NYSE:STM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,000 shares of the semiconductor producer's stock, valued at approximate
Moran Wealth Management LLC Cuts Stake in STMicroelectronics (NYSE:STM)
Moran Wealth Management LLC trimmed its position in STMicroelectronics (NYSE:STM - Free Report) by 67.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,537 shares of the semiconductor producer's stock after selling 135,708 shares du
Grand Alliance Asset Management Ltd Makes New Investment in STMicroelectronics (NYSE:STM)
Grand Alliance Asset Management Ltd bought a new position in shares of STMicroelectronics (NYSE:STM - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 280,000 shares of the semi
Darwin Wealth Management LLC Trims Stock Position in STMicroelectronics (NYSE:STM)
Darwin Wealth Management LLC cut its holdings in shares of STMicroelectronics (NYSE:STM - Free Report) by 43.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,750 shares of the semiconductor producer's stock after sell
STMicroelectronics (NYSE:STM) Stock Position Increased by Van ECK Associates Corp
Van ECK Associates Corp boosted its position in STMicroelectronics (NYSE:STM - Free Report) by 13.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,735,524 shares of the semiconductor producer's stock after
StockNews.com Lowers STMicroelectronics (NYSE:STM) to Hold
StockNews.com downgraded STMicroelectronics from a "buy" rating to a "hold" rating in a research report on Friday.
STMicroelectronics (NYSE:STM) Earns "Market Perform" Rating from William Blair
William Blair reiterated a "market perform" rating on shares of STMicroelectronics in a research report on Friday.
STMicroelectronics (NYSE:STM) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS
STMicroelectronics (NYSE:STM - Get Free Report) announced its quarterly earnings results on Thursday. The semiconductor producer reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). STMicroelectronics had a return on equity of 27.70% and a net margin of 24.36%. The business had revenue of $3.47 billion during the quarter, compared to analysts' expectations of $3.61 billion. During the same period in the previous year, the business earned $1.10 EPS. The business's revenue was down 18.4% compared to the same quarter last year.
STMicroelectronics: Q1 Earnings Snapshot
STMicroelectronics Lowers 2024 Guidance
STMicroelectronics Q1 Net Income Declines; Net Revenues Down 18.4%
Berenberg Bank Upgrades STMicroelectronics (NYSE:STM) to Buy
Berenberg Bank upgraded STMicroelectronics from a "hold" rating to a "buy" rating in a research note on Tuesday.
STMicroelectronics (NYSE:STM) Shares Bought by Federated Hermes Inc.
Federated Hermes Inc. increased its holdings in STMicroelectronics (NYSE:STM - Free Report) by 21.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 539,993 shares of the semiconductor producer's stock after buying an additional 94,131 shares during the peri
STMicroelectronics (NYSE:STM) Shares Bought by Kornitzer Capital Management Inc. KS
Kornitzer Capital Management Inc. KS increased its stake in STMicroelectronics (NYSE:STM - Free Report) by 19.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 178,126 shares of the semiconductor producer's stock after ac
International Assets Investment Management LLC Purchases Shares of 229,395 STMicroelectronics (NYSE:STM)
International Assets Investment Management LLC purchased a new stake in STMicroelectronics (NYSE:STM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 229,395 shares of the semiconductor
STMicroelectronics (NYSE:STM) Given Consensus Recommendation of "Moderate Buy" by Brokerages
STMicroelectronics (NYSE:STM - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight research firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the com
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Susquehanna Reiterates "Positive" Rating for STMicroelectronics (NYSE:STM)
Susquehanna reaffirmed a "positive" rating and issued a $55.00 price objective on shares of STMicroelectronics in a research report on Monday.
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STM Media Mentions By Week

STM Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

STM
News Sentiment

1.09

0.47

Average
Computer and Technology
News Sentiment

STM News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

STM Articles
This Week

3

5

STM Articles
Average Week

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This page (NYSE:STM) was last updated on 5/18/2024 by MarketBeat.com Staff

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