Summit Insights Group
Summit Insights Group is an independent technology equity research boutique based in Summit, New Jersey, covering semiconductors, enterprise software and IT hardware. It has no investment banking business and draws on its analysts' industry and supply-chain experience.
Activity24M
RatingsPrice targetsKey figures
- Stocks covered
- 112M
- Actions
- 212M
- Ratings / Price targets
- 2 / 0
- Upgrades / Downgrades
- 0 / 2
- Buy-rated
- 0%of 1 rated
- On record
- May 2014 – Aug 2026
Overview
Summit Insights Group says each of its principal analysts spent at least five years working in the industry before moving into equity analysis.
Srini Nandury, formerly a senior analyst at Bank of America Merrill Lynch, Cross Research and Bear Stearns, founded the firm in 2012 as Summit Research Partners, based in Summit, New Jersey, with offices in New York City and Milpitas, California. In January 2015 it began an exclusive research alliance with WR Hambrecht + Co. It has operated as Summit Insights Group LLC since 2018, with offices in the New York area and on the West Coast.
Milestones
- 2012
Founded as Summit Research Partners in Summit, New Jersey
- 2015
Exclusive research alliance with WR Hambrecht + Co
- 2018
Summit Insights Group LLC formed
Firm facts
- Type
- Independent research
- Founded
- 2012
- Headquarters
- Summit, United States
- Rating scale
- BuyHoldSell12 months
- Website
- summitinsightsgroup.com
Research philosophy
SIG principal analysts are known for their extensive industry experience, which we believe is essential to evaluate technology industry stocks.
Summit Insights Group deliberately limits its coverage to selected technology industries. Analysts conduct channel checks and speak with executives at public and private companies to verify public statements. They also attend industry conferences and visit startups to track emerging technologies. The firm has no investment-banking or advisory relationships with covered companies, and employees may not trade securities they cover.
Rating methodology
Ratings are Buy, Hold and Sell, defined relative to the broader market over 12 months.
Coverage12M
Sectors
Most covered24M
| Stock | Rating | Target |
|---|---|---|
 Western Digital CorporationWDC | Hold | — |
Recent actions
| Date | Stock | Rating action | Rating |
|---|---|---|---|
| Aug 6 | Western Digital CorporationWDC | Downgrade | Positive →Hold |
| Aug 6 | Western Digital CorporationWDC | Downgrade | Buy →Positive |
| Aug 1, 2024 | Western Digital CorporationWDC | Downgrade | Buy →Hold |
| Mar 8, 2024 |  Marvell Technology, Inc.MRVL | Upgrade | Hold →Buy |
| Jan 26, 2024 |  Intel CorporationINTC | Downgrade | Buy →Hold |
| Dec 8, 2023 |  Broadcom Inc.AVGO | Upgrade | Hold →Buy |
| Nov 3, 2023 | SWSkyworks Solutions, Inc.SWKS | Downgrade | Buy →Hold |
| Nov 2, 2023 | QRQorvo, Inc.QRVO | Downgrade | Buy →Hold |
| Oct 30, 2023 | Western Digital CorporationWDC | Upgrade | Hold →Buy |
| Oct 30, 2023 | ONON Semiconductor CorporationON | Downgrade | Buy →Hold |
| Sep 14, 2023 | SMSemtech CorporationSMTC | Upgrade | Hold →Buy |
| Jul 27, 2023 |  Seagate Technology Holdings plcSTX | Downgrade | Buy →Sell |