Silicon Motion Technology (NASDAQ: SIMO) recently received a number of ratings updates from brokerages and research firms:
- 8/3/2026 – Silicon Motion Technology had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 8/1/2026 – Silicon Motion Technology was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 7/31/2026 – Silicon Motion Technology had its “buy” rating reaffirmed by Craig Hallum. They now have a $325.00 price target on the stock.
- 7/31/2026 – Silicon Motion Technology had its price target raised by B. Riley Financial, Inc. from $312.00 to $350.00. They now have a “buy” rating on the stock.
- 7/31/2026 – Silicon Motion Technology had its price target raised by Susquehanna from $275.00 to $350.00. They now have a “positive” rating on the stock.
- 7/30/2026 – Silicon Motion Technology had its “buy” rating reaffirmed by Roth Capital. They now have a $350.00 price target on the stock.
- 7/30/2026 – Silicon Motion Technology had its price target raised by Needham & Company LLC from $240.00 to $355.00. They now have a “buy” rating on the stock.
- 7/4/2026 – Silicon Motion Technology was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 6/22/2026 – Silicon Motion Technology had its price target raised by Wedbush from $230.00 to $400.00. They now have an “outperform” rating on the stock.
Insiders Place Their Bets
In related news, Director Han-Ping Shieh sold 1,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $328.00, for a total transaction of $328,000.00. Following the completion of the transaction, the director owned 7,500 shares of the company’s stock, valued at $2,460,000. This trade represents a 11.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kuan-Ming Lin sold 2,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $305.00, for a total transaction of $610,000.00. Following the transaction, the director owned 8,500 shares of the company’s stock, valued at $2,592,500. This represents a 19.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,000 shares of company stock worth $1,239,250 in the last quarter. Company insiders own 5.34% of the company’s stock.
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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