Robeco Institutional Asset Management B.V. Boosts Stock Position in Silicon Motion Technology Corporation $SIMO

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Silicon Motion by 40.9% in Q4, adding 181,206 shares to hold 623,953 shares (about 1.84% of the company), valued at roughly $57.84 million.
• Institutional ownership is high at 78.02%, with several other firms recently initiating or enlarging positions—though most of those additions were relatively small.
• SIMO recently traded near $126 (52‑week range $37.82–$146.85) with a market cap of $4.28B; analysts are largely bullish (11 Buys, 1 Hold) and the consensus rating is a Moderate Buy with a $132.50 consensus price target.

Robeco Institutional Asset Management B.V. grew its stake in shares of Silicon Motion Technology Corporation (NASDAQ:SIMO - Free Report) by 40.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 623,953 shares of the semiconductor producer's stock after acquiring an additional 181,206 shares during the period. Robeco Institutional Asset Management B.V. owned 1.84% of Silicon Motion Technology worth $57,840,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SIMO. Brown Brothers Harriman & Co. purchased a new stake in shares of Silicon Motion Technology during the third quarter worth $26,000. EverSource Wealth Advisors LLC lifted its position in shares of Silicon Motion Technology by 169.4% during the second quarter. EverSource Wealth Advisors LLC now owns 582 shares of the semiconductor producer's stock worth $44,000 after acquiring an additional 366 shares in the last quarter. MeadowBrook Investment Advisors LLC purchased a new stake in shares of Silicon Motion Technology during the fourth quarter worth $71,000. Raymond James Financial Inc. purchased a new stake in shares of Silicon Motion Technology during the second quarter worth $75,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Silicon Motion Technology during the third quarter worth $79,000. Hedge funds and other institutional investors own 78.02% of the company's stock.

Silicon Motion Technology Stock Performance

Shares of SIMO stock opened at $126.00 on Tuesday. Silicon Motion Technology Corporation has a 52-week low of $37.82 and a 52-week high of $146.85. The company has a market capitalization of $4.28 billion, a PE ratio of 34.62, a price-to-earnings-growth ratio of 0.85 and a beta of 1.09. The business's fifty day moving average is $125.10 and its 200 day moving average is $106.72.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SIMO shares. Weiss Ratings restated a "buy (b-)" rating on shares of Silicon Motion Technology in a research report on Friday, March 27th. Craig Hallum restated a "buy" rating and set a $160.00 target price on shares of Silicon Motion Technology in a research report on Thursday, February 5th. Roth Mkm set a $140.00 target price on Silicon Motion Technology and gave the stock a "buy" rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded Silicon Motion Technology from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Finally, Needham & Company LLC increased their target price on Silicon Motion Technology from $125.00 to $155.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $132.50.

Silicon Motion Technology Company Profile

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.

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