Assetmark Inc. Sells 43,310 Shares of STMicroelectronics N.V. $STM

Key Points

• Assetmark Inc. reduced its stake in STMicroelectronics by 87.0%, selling 43,310 shares in Q4 and retaining 6,482 shares valued at about $168,000.
• STMicroelectronics posted Q1 revenue growth but missed EPS ( $0.13 vs. $0.19 estimate) and faced margin pressure, while management pursues strategic moves (NXP MEMS acquisition, AWS collaboration) and an ambitious $1B AI revenue by 2027 target that has fueled analyst upgrades and momentum buying.

Assetmark Inc. reduced its holdings in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) by 87.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,482 shares of the semiconductor producer's stock after selling 43,310 shares during the quarter. Assetmark Inc.'s holdings in STMicroelectronics were worth $168,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Vident Advisory LLC grew its stake in shares of STMicroelectronics by 2.5% during the 3rd quarter. Vident Advisory LLC now owns 23,196 shares of the semiconductor producer's stock worth $656,000 after acquiring an additional 573 shares in the last quarter. Signaturefd LLC grew its stake in shares of STMicroelectronics by 3.4% in the third quarter. Signaturefd LLC now owns 20,598 shares of the semiconductor producer's stock valued at $582,000 after buying an additional 677 shares in the last quarter. Allworth Financial LP grew its stake in shares of STMicroelectronics by 16.5% in the third quarter. Allworth Financial LP now owns 4,817 shares of the semiconductor producer's stock valued at $136,000 after buying an additional 684 shares in the last quarter. Highland Capital Management LLC grew its stake in shares of STMicroelectronics by 1.2% in the third quarter. Highland Capital Management LLC now owns 57,735 shares of the semiconductor producer's stock valued at $1,632,000 after buying an additional 700 shares in the last quarter. Finally, Vise Technologies Inc. grew its stake in shares of STMicroelectronics by 4.9% in the third quarter. Vise Technologies Inc. now owns 19,456 shares of the semiconductor producer's stock valued at $550,000 after buying an additional 912 shares in the last quarter. 5.05% of the stock is owned by institutional investors.

STMicroelectronics Trading Up 1.6%

STM stock opened at $50.49 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.36 and a quick ratio of 2.43. The company has a fifty day moving average price of $35.85 and a two-hundred day moving average price of $29.89. STMicroelectronics N.V. has a one year low of $21.11 and a one year high of $51.60. The stock has a market cap of $45.35 billion, a price-to-earnings ratio of 315.56 and a beta of 1.51.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The semiconductor producer reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.06). STMicroelectronics had a return on equity of 3.02% and a net margin of 1.19%.The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.11 billion. Equities analysts anticipate that STMicroelectronics N.V. will post 1.2 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on STM shares. Susquehanna raised their target price on shares of STMicroelectronics from $35.00 to $40.00 and gave the company a "positive" rating in a research note on Monday, February 23rd. Weiss Ratings cut shares of STMicroelectronics from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, March 6th. TD Cowen reissued a "hold" rating on shares of STMicroelectronics in a research note on Friday. Craig Hallum raised shares of STMicroelectronics from a "hold" rating to a "buy" rating and set a $58.00 target price for the company in a research note on Thursday. Finally, Robert W. Baird set a $90.00 target price on shares of STMicroelectronics in a research note on Friday. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $49.07.

Key STMicroelectronics News

Here are the key news stories impacting STMicroelectronics this week:

• Positive Sentiment: Revenue strength and upbeat outlook: STM reported solid Q1 revenue growth and gave an upbeat Q2 revenue/gross‑margin midpoint, and management reiterated a multi‑year AI ambition (including a $1B AI revenue target by 2027) — a core reason investors are chasing the stock. STMicroelectronics tops Q1 forecasts, targets $1 billion in AI revenue by 2027
• Positive Sentiment: Strategic moves to expand sensor and AI exposure: STM agreed to acquire NXP’s MEMS sensor business and deepened a multi‑year collaboration with AWS to target AI data‑center and sensor markets — moves that materially lengthen STM’s TAM and support longer‑term revenue/margin potential. STMicroelectronics Targets Sensor Growth And AI Data Centers With NXP And AWS
• Positive Sentiment: Analyst upgrades and price‑target lifts: Multiple firms upgraded or raised targets (Zacks rank moved to #2, Craig Hallum and TD Cowen raised targets), supporting near‑term buying interest from momentum and institutional flows. STMicroelectronics (STM) Moves to Buy: Rationale Behind the Upgrade
• Positive Sentiment: Unusual options activity and momentum flow: Heavy call buying and coverage pieces highlighting STM as a momentum play have amplified intraday demand and ETF/flow attention, which can accelerate short‑term upside. Article: Options activity and momentum coverage
• Neutral Sentiment: Investor outreach and niche market initiatives: STM set an investor webcast on its LEO (Low Earth Orbit) opportunity and launched a free CAD/CAD‑library design environment with DigiKey/Ultra Librarian — positive for ecosystem engagement but not immediate revenue drivers. STMicroelectronics to host investor call on the LEO opportunity DigiKey, STMicroelectronics, Ultra Librarian provide free, no-license design environment online
• Negative Sentiment: EPS miss and margin pressure: On a GAAP/consensus basis STM reported EPS below street expectations (EPS impacted by PPA and margin pressure even as revenues rose), and net margin/operating income were under pressure — a near‑term risk that could cap multiple expansion if margins don't recover. STMicroelectronics Q1 Earnings Miss Estimates, Revenues Rise Y/Y

STMicroelectronics Profile

STMicroelectronics is a global semiconductor company headquartered in Geneva, Switzerland, formed through the 1987 merger of SGS Microelettronica and Thomson Semiconducteurs. The company designs, develops and manufactures a broad range of semiconductor products and solutions that serve multiple end markets worldwide. ST's offerings span from basic components to integrated systems, emphasizing energy-efficient and high-performance devices for modern electronics.

Product categories include microcontrollers (notably the widely used STM32 family), analog and mixed-signal ICs, power MOSFETs and power-management devices, MEMS and sensors, image sensors, and discrete semiconductors.

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