Heartland Advisors released its “Heartland Value Plus Fund” second quarter 2025 investor letter, showing a 1.86% gain. The fund outperformed the Russell 2000 Value Index. Check their top 5 holdings for 2025 picks. Silicon Motion Technology Corporation (NASDAQ: SIMO) was highlighted in the letter, with shares closing at $73.47 on July 11.

Silicon Motion Technology Corporation (NASDAQ: SIMO) designs NAND flash controllers for solid-state storage devices. Their one-month return was 5.26%, with shares losing 7.96% over the last 52 weeks. SIMO stock closed at $73.47 on July 11.

In the second quarter 2025 investor letter, Heartland Value Plus Fund discussed Silicon Motion Technology Corporation (NASDAQ: SIMO) and its performance. SIMO shares dropped over tariff concerns but surged more than 70% since April 21.

Silicon Motion Technology Corporation (NASDAQ: SIMO) is not among the 30 most popular stocks among hedge funds. Their first-quarter sales decreased 12.9% to $166.5 million. While SIMO has investment potential, certain AI stocks offer more upside.

Check out an article on tech stocks on Wall Street’s radar, including Silicon Motion Technology Corporation (NASDAQ: SIMO). Explore more investor letters from hedge funds and leading investors for insights.

Read more at Yahoo Finance: Silicon Motion Technology Corp. (SIMO) Rose More Than 70% in Q2