Kodai Capital Management LP Takes $6.66 Million Position in STMicroelectronics N.V. $STM

Key Points

• Kodai Capital Management LP has invested approximately $6.66 million in STMicroelectronics N.V., acquiring 303,258 shares of the semiconductor producer's stock.
• Several institutional investors significantly increased their positions in STMicroelectronics during the first quarter, with Caitong International Asset Management Co. Ltd increasing its holdings by 396.4%.
• STMicroelectronics reported a net margin of 5.49% and a quarterly revenue of $2.77 billion, exceeding analyst expectations, despite missing the EPS estimate.

Kodai Capital Management LP purchased a new position in STMicroelectronics N.V. (NYSE:STM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 303,258 shares of the semiconductor producer's stock, valued at approximately $6,660,000.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its position in shares of STMicroelectronics by 139.6% in the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer's stock valued at $41,000 after acquiring an additional 1,085 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of STMicroelectronics by 63.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock valued at $48,000 after acquiring an additional 838 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of STMicroelectronics by 396.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer's stock valued at $70,000 after acquiring an additional 2,553 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of STMicroelectronics by 57.2% in the first quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer's stock valued at $73,000 after acquiring an additional 1,209 shares during the period. Finally, Allworth Financial LP boosted its position in shares of STMicroelectronics by 59.0% in the first quarter. Allworth Financial LP now owns 3,825 shares of the semiconductor producer's stock valued at $89,000 after acquiring an additional 1,420 shares during the period. 5.05% of the stock is currently owned by institutional investors.

STMicroelectronics Trading Down 2.0%

STM stock traded down $0.53 during midday trading on Wednesday, hitting $25.74. The company had a trading volume of 7,054,709 shares, compared to its average volume of 7,477,202. The company has a current ratio of 2.74, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. STMicroelectronics N.V. has a 52 week low of $17.25 and a 52 week high of $33.47. The stock's 50 day moving average price is $28.47 and its 200 day moving average price is $25.88. The stock has a market cap of $23.12 billion, a price-to-earnings ratio of 37.23, a PEG ratio of 4.24 and a beta of 1.62.

STMicroelectronics (NYSE:STM - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.04). STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on STM. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of STMicroelectronics in a research report on Friday, July 25th. TD Cowen cut their price objective on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating for the company in a report on Friday, July 25th. Susquehanna boosted their price objective on STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a report on Tuesday, July 22nd. Oddo Bhf raised STMicroelectronics to an "outperform" rating in a report on Wednesday, July 2nd. Finally, Craig Hallum lowered STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price objective for the company. in a report on Thursday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $32.21.

STMicroelectronics Profile

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.