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STMicroelectronics
STM

$41.10
2.62%

Market Cap: 37.1B

 

About: A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconductors in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.

Employees: 51,323

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 8 articles

Fund manager confidence

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

49% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 93

12% more capital invested

Capital invested by funds: $2.31B [Q4 2023] → $2.59B (+$274M) [Q1 2024]

1.56% more ownership

Funds ownership: 5.07% [Q4 2023] → 6.62% (+1.56%) [Q1 2024]

2% less funds holding

Funds holding: 350 [Q4 2023] → 342 (-8) [Q1 2024]

11% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 71

13% less call options, than puts

Call options by funds: $109M | Put options by funds: $125M

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]

Research analyst outlook

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

Low target
$46
11%
upside
Avg. target
$50
23%
upside
High target
$55
34%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Goldman Sachs
Alexander Duval
11%upside
$45.8
Neutral
Upgraded
18 Jun 2024
Susquehanna
Christopher Rolland
34%upside
$55
Positive
Maintained
8 Apr 2024

Financial journalist opinion

Based on 8 articles about STM published over the past 30 days