STMicroelectronics
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.06% more ownership
Funds ownership: 6.88% [Q1] → 6.94% (+0.06%) [Q2]
1% less funds holding
Funds holding: 349 [Q1] → 347 (-2) [Q2]
4% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 50
6% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 120
8% less capital invested
Capital invested by funds: $2.68B [Q1] → $2.46B (-$220M) [Q2]
16% less call options, than puts
Call options by funds: $96.7M | Put options by funds: $115M
100% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 0 (-3) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Susquehanna Christopher Rolland 66% 1-year accuracy 35 / 53 met price target | 27%upside $35 | Positive Maintained | 21 Oct 2024 |
Bernstein Sara Russo 0% 1-year accuracy 0 / 2 met price target | 49%upside $41 | Outperform Maintained | 30 Jul 2024 |
TD Cowen Matthew Ramsay 79% 1-year accuracy 11 / 14 met price target | 45%upside $40 | Buy Maintained | 26 Jul 2024 |
Craig-Hallum Anthony Stoss 50% 1-year accuracy 5 / 10 met price target | 52%upside $42 | Buy Maintained | 25 Jul 2024 |
Financial journalist opinion
Based on 254 articles about STM published over the past 30 days
