IXYS Corp. (NASDAQ:IXYS) Director Timothy A. Richardson sold 9,913 shares of the company’s stock in a transaction on Wednesday, September 28th. The stock was sold at an average price of $12.00, for a total transaction of $118,956.00. Following the transaction, the director now directly owns 9,913 shares in the company, valued at $118,956. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
IXYS Corp. (NASDAQ:IXYS) opened at 12.00 on Thursday. The firm has a market capitalization of $377.50 million, a PE ratio of 26.03 and a beta of 1.30. IXYS Corp. has a 1-year low of $9.59 and a 1-year high of $14.00. The stock’s 50 day moving average is $11.62 and its 200-day moving average is $11.20.
IXYS Corp. (NASDAQ:IXYS) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by $0.05. IXYS Corp. had a return on equity of 7.15% and a net margin of 4.68%. The company had revenue of $80.64 million for the quarter, compared to analyst estimates of $79.93 million. During the same period in the previous year, the business posted $0.16 EPS. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. Equities research analysts forecast that IXYS Corp. will post $0.72 EPS for the current year.
Several hedge funds have recently added to or reduced their stakes in IXYS. Aperio Group LLC increased its stake in IXYS Corp. by 31.6% in the first quarter. Aperio Group LLC now owns 25,786 shares of the company’s stock worth $289,000 after buying an additional 6,188 shares during the last quarter. Royce & Associates LP boosted its position in shares of IXYS Corp. by 1.4% in the second quarter. Royce & Associates LP now owns 1,797,187 shares of the company’s stock valued at $18,421,000 after buying an additional 25,014 shares during the period. SECOR Capital Advisors LP boosted its position in shares of IXYS Corp. by 85.0% in the second quarter. SECOR Capital Advisors LP now owns 55,548 shares of the company’s stock valued at $569,000 after buying an additional 25,524 shares during the period. American Century Companies Inc. boosted its position in shares of IXYS Corp. by 29.3% in the second quarter. American Century Companies Inc. now owns 30,869 shares of the company’s stock valued at $316,000 after buying an additional 6,999 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of IXYS Corp. by 93.5% in the first quarter. JPMorgan Chase & Co. now owns 1,325,925 shares of the company’s stock valued at $14,877,000 after buying an additional 640,644 shares during the period. 63.75% of the stock is owned by institutional investors and hedge funds.
About IXYS Corp.
IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
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