STMicroelectronics (NYSE:STM – Get Free Report) released its quarterly earnings results on Thursday. The semiconductor producer reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.04), Briefing.com reports. STMicroelectronics had a net margin of 25.36% and a return on equity of 35.04%. The company had revenue of $4.33 billion […]
Nia Impact Advisors LLC decreased its holdings in STMicroelectronics (NYSE:STM – Free Report) by 8.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 111,748 shares of the semiconductor producer’s stock after selling 10,194 shares during the quarter. STMicroelectronics accounts for about 3.2% […]
STMicroelectronics (NYSE:STM – Get Free Report) issued its earnings results on Thursday. The semiconductor producer reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.04), Briefing.com reports. The business had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.37 billion. STMicroelectronics had a […]
STMicroelectronics (NYSE:STM – Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 6,700,000 shares, a decline of 29.4% from the May 31st total of 9,490,000 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of […]
International Assets Investment Management LLC purchased a new stake in shares of STMicroelectronics (NYSE:STM – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,788 shares of the semiconductor producer’s stock, valued at approximately $256,000. Several other hedge funds and other institutional […]