SCHEDULE: FMR LLC Boosts Stake in Silicon Motion to 8.1%

FMR LLC and Abigail P. Johnson report an 8.1% beneficial ownership stake in Silicon Motion Technology Corp. as of June 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson collectively beneficially own 10,976,052 shares of Silicon Motion Technology Corp. common stock.
• This ownership represents 8.1% of the company's outstanding common stock.
• The reported ownership is as of June 30, 2025.
• FMR LLC holds sole voting power over 10,969,344 shares and sole dispositive power over 10,976,052 shares.
• Abigail P. Johnson holds sole dispositive power over 10,976,052 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous filing existed.
• FMR LLC's subsidiaries, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, and Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of a significant passive ownership stake by a major institutional investor, which is generally viewed as a neutral to slightly positive signal of confidence in the company.

Positives

• A significant institutional investor, FMR LLC, maintains an 8.1% stake, indicating continued confidence in Silicon Motion Technology Corp.

Negatives

• NA

Risks

• The reporting persons explicitly state that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Future Outlook

This filing is an ownership disclosure and does not contain forward-looking statements or guidance regarding Silicon Motion Technology Corp.'s future outlook.

Management Comments

• The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine ownership disclosure and does not provide specific industry context or analysis of broader industry trends for the semiconductor or NAND flash controller market.

Comparison to Industry Standards

• This filing is an ownership disclosure and does not provide information for comparison to industry standards or global benchmarks.

Management Changes

Corporate Governance

Legal Proceedings

• This filing does not disclose any legal proceedings or regulatory matters concerning Silicon Motion Technology Corp.

Related Party Transactions

• This filing does not disclose any related party transactions involving Silicon Motion Technology Corp.

Stakeholder Impact

• Shareholders: Provides transparency on significant institutional ownership, potentially signaling continued institutional interest and confidence in the company.

Next Steps

• This filing is a disclosure of current ownership and does not outline specific future actions or milestones for Silicon Motion Technology Corp.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of a passive ownership stake by FMR LLC and Abigail P. Johnson. It indicates continued institutional interest in Silicon Motion Technology Corp. but does not provide new financial or operational data to warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on existing company fundamentals and market conditions.

Keywords

Silicon Motion Tech Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investment, semiconductor, NAND flash controller