MX stock icon

Magnachip Semiconductor
MX

$4.96
0.4%
 

About: MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.

Employees: 891

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

6% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 34

11.93% less ownership

Funds ownership: 73.55% [Q4 2023] → 61.62% (-11.93%) [Q1 2024]

17% less funds holding

Funds holding: 121 [Q4 2023] → 101 (-20) [Q1 2024]

39% less capital invested

Capital invested by funds: $215M [Q4 2023] → $132M (-$83.4M) [Q1 2024]

65% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 31

79% less call options, than puts

Call options by funds: $1.06M | Put options by funds: $4.97M

100% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 0 (-2) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$8
61%
upside
Avg. target
$8.67
75%
upside
High target
$10
102%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Roth MKM
Suji Desilva
61%upside
$8
Buy
Maintained
3 May 2024
Needham
Quinn Bolton
61%upside
$8
Buy
Maintained
3 May 2024
Needham
Quinn Bolton
102%upside
$10
Buy
Maintained
29 Feb 2024

Financial journalist opinion