Han-Ping Shieh Sells Shares of Silicon Motion Technology
Han-Ping Shieh sold 1,000 shares of Silicon Motion Technology at $301.25 each.
Key Points
- Han-Ping Shieh sold 1,000 shares of Silicon Motion Technology (SIMO) on June 2, 2026, at $301.25 per share, totaling $301,250.
- Silicon Motion Technology has a market cap of $11.4 billion, a P/E ratio of 66.7, and its stock traded near $319 on Wednesday.
- Wedbush maintained a 'buy' rating for SIMO with a $400 price target on June 22, 2026, amid strong institutional interest.
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On June 2, 2026, Han-Ping Shieh sold 1,000 shares of Silicon Motion Technology Corporation (NasdaqGS: SIMO) at an average price of $301.25 each. This transaction was valued at $301,250.
Insider Buying and Selling at Silicon Motion Technology Corporation
Han-Ping Shieh's recent sale of 1,000 shares on June 2, 2026, at $301.25 per share was not part of a pre-planned trading program. Other notable insider activities include Lin Kuan-Ming selling 1,000 shares at $320.31 on June 18, 2026, and Shieh selling another 1,000 shares at $328.00 on the same day.
Other Institutional Activity in Silicon Motion Technology
Several institutional investors have been active in Silicon Motion Technology. Hawk Ridge Capital Management LP significantly increased its holdings by 385,568 shares, ending with 1,173,315 shares worth about $131.8 million. Meanwhile, Reinhart Partners, LLC reduced its stake by 259,316 shares, holding 1,314,039 shares valued at approximately $147.6 million. Lazard Asset Management LLC added 23,403 shares, bringing its total to 781,981 shares, valued at $87.8 million.
Silicon Motion Technology Corporation Stock Up 29.8%
Shares of NasdaqGS:SIMO traded near $319 on Wednesday. Silicon Motion Technology holds a market cap of roughly $11.4 billion and a P/E ratio of 66.7. The stock's 52-week range is between $68.79 and $355.00, with a 50-day moving average of $230.09 and a 200-day moving average of $135.71. The company's current ratio is 2.85, and its quick ratio is 1.01.
$SIMO stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 22, 2026, Wedbush maintained its 'buy' rating for Silicon Motion Technology, setting a price target of $400. This aligns with the consensus recommendation of a 'strong buy' and a mean target price of $256.70 from 10 analysts.
About Silicon Motion Technology
Silicon Motion Technology Corporation designs and markets NAND flash controllers for solid-state storage devices globally. Based in Hong Kong, the company serves sectors like computing, enterprise, and mobile technology. It offers solutions under the SMI brand and single-chip SSDs under FerriSSD, Ferri-eMMC, and Ferri-UFS brands. Established in 1995, the company employs over 2,000 people and is led by CEO Mr. Chia-Chang Kou.
Bottom Line
Han-Ping Shieh's recent sale of shares in Silicon Motion Technology highlights ongoing insider activity at the company. Investors keep a close eye on such transactions as they may reflect insider perspectives on stock value. However, it's important to note that 13F filings and insider transactions are backward-looking and may not indicate current positions or future intentions.
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