The stock decreased 0.86% or $0.44 during the last trading session, reaching $50.81. About 77,792 shares traded or 3.61% up from the average. It has underperformed by 62.85% the S&P500. Janus Henderson Group PLC purchased a new stake in shares of Silicon Motion Technology in the 2nd quarter worth about $20,501,000. Force Capital Management Llc sold 12,132 shares as Starbucks Corp (SBUX)'s stock rose 6.99%. The institutional investor held 163,646 shares of the semiconductors company at the end of 2017Q3, valued at $7.86 million, down from 170,419 at the end of the previous reported quarter.
Friess Associates Llc decreased its stake in Silicon Motion Technology Corp (SIMO) by 3.97% based on its latest 2017Q3 regulatory filing with the SEC. The stock increased 0.87% or $1.4 during the last trading session, reaching $162.07. The stock tapped a 52-week high of US$9.55 while the mean 12-month price target for the shares is US$10.14. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 21.46% since January 13, 2017 and is uptrending. It has outperformed by 4.76% the S&P500.
Analyst Stock Ratings: Sears Holdings Corporation (SHLD), Yuma Energy, Inc. (YUMA)
BidaskClub lowered shares of Sears from a "sell" rating to a "strong sell" rating in a research report on Tuesday, December 19th. Sears Hldgs Corp (NASDAQ:SHLD)'s ATR-14 is at 0.27, while its weekly volatility is at 7.08% and monthly volatility is at 5.85%.
Investors sentiment decreased to 0.88 in Q3 2017. This represents a $0.80 dividend on an annualized basis and a yield of 1.87%. It worsened, as 4 investors sold PHD shares while 18 reduced holdings. 5 funds opened positions while 8 raised stakes. Homrich Berg reported 2,708 shares or 0.03% of all its holdings. (NYSE:C). Three Corner Lp holds 9.43% or 462,200 shares in its portfolio. Envestnet Asset has 2,760 shares. (NYSE:C), 19 have Buy rating, 3 Sell and 16 Hold. D Scott Neal has 0% invested in McKesson Corporation (NYSE:MCK) for 26 shares. 64,999 are held by Raymond James Financial Services. Moreover, Financial Bank Of New York Mellon has 0% invested in Skyline Corporation (NYSEAMERICAN:SKY) for 10,756 shares. Telos Mgmt invested 0.3% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Veritable Ltd Partnership accumulated 52,475 shares or 0.06% of the stock. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. (NYSE:MHK). Cibc Ww Corporation reported 0.02% stake. 70,036 were accumulated by Nuveen Asset Ltd Com. The insider Lampert Erin M sold 900 shares worth $140,089. It also increased its holding in Penumbra Inc.by 14,862 shares in the quarter, for a total of 79,310 shares, and has risen its stake in Electronic Arts Inc.
Silicon Motion Technology Corporation (NASDAQ:SIMO) tinted gains of +0.88% (+0.45 points) to US$51.7. The Capital Fund Management Sa holds 356,000 shares with $88.18M value, up from 1,700 last quarter. SBUX's profit will be $811.00 million for 26.46 P/E if the $0.57 EPS becomes a reality. The business's quarterly revenue was down 19.8% compared to the same quarter last year. analysts anticipate that Silicon Motion Technology will post 2.31 EPS for the current year. Zacks Investment Research raised shares of Silicon Motion Technology from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 3rd. Therefore 50% are positive. Roth Capital lifted their price target on shares of Silicon Motion Technology from $55.00 to $60.00 and gave the company a "buy" rating in a report on Tuesday, October 24th. The company was initiated on Tuesday, September 8 by Susquehanna. On Thursday, January 14 the stock rating was upgraded by Standpoint Research to "Buy". The firm has "Buy" rating by RBC Capital Markets given on Friday, September 15. Craig Hallum maintained Silicon Motion Technology Corporation (NASDAQ:SIMO) rating on Friday, July 7. Silicon Motion Technology now has a consensus rating of "Buy" and an average price target of $57.65. The firm earned "Buy" rating on Tuesday, July 28 by Topeka Capital Markets. Roth Capital maintained it with "Buy" rating and $5500 target in Tuesday, August 1 report. Brean Capital reiterated a "buy" rating on shares of Silicon Motion Technology Corp.in a research report on Thursday, December 1st. Summit Redstone upgraded shares of Silicon Motion Technology from a "hold" rating to a "buy" rating in a research note on Thursday, December 7th. Silicon Motion Technology now has a consensus rating of "Buy" and an average price target of $57.65. The rating was upgraded by Standpoint Research on Friday, October 28 to "Buy".