State Board of Administration of Florida Retirement System decreased its position in shares of IXYS Corp. (NASDAQ:IXYS) by 0.4% during the second quarter, Holdings Channel reports. The fund owned 36,009 shares of the company’s stock after selling 131 shares during the period. State Board of Administration of Florida Retirement System owned about 0.11% of IXYS Corp. worth $369,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Emerald Acquisition Ltd. acquired a new position in IXYS Corp. during the second quarter worth approximately $129,000. Bank of New York Mellon Corp boosted its position in IXYS Corp. by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 170,884 shares of the company’s stock worth $1,752,000 after buying an additional 5,903 shares in the last quarter. American Century Companies Inc. boosted its position in IXYS Corp. by 29.3% in the second quarter. American Century Companies Inc. now owns 30,869 shares of the company’s stock worth $316,000 after buying an additional 6,999 shares in the last quarter. Strs Ohio boosted its position in IXYS Corp. by 8.4% in the second quarter. Strs Ohio now owns 56,700 shares of the company’s stock worth $581,000 after buying an additional 4,400 shares in the last quarter. Finally, Foundry Partners LLC boosted its position in IXYS Corp. by 80.6% in the second quarter. Foundry Partners LLC now owns 483,795 shares of the company’s stock worth $4,959,000 after buying an additional 215,955 shares in the last quarter. 63.75% of the stock is currently owned by hedge funds and other institutional investors.
IXYS Corp. (NASDAQ:IXYS) traded down 1.80% on Tuesday, reaching $11.45. The company had a trading volume of 21,281 shares. The stock’s 50 day moving average is $11.75 and its 200-day moving average is $11.19. The stock has a market capitalization of $360.19 million, a P/E ratio of 24.84 and a beta of 1.30. IXYS Corp. has a 1-year low of $9.59 and a 1-year high of $14.00.
IXYS Corp. (NASDAQ:IXYS) last announced its quarterly earnings data 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. The firm earned $80.64 million during the quarter, compared to analyst estimates of $79.93 million. IXYS Corp. had a net margin of 4.68% and a return on equity of 7.15%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 earnings per share. On average, equities analysts predict that IXYS Corp. will post $0.72 EPS for the current fiscal year.
In related news, Director Timothy A. Richardson sold 9,913 shares of the firm’s stock in a transaction dated Wednesday, September 28th. The stock was sold at an average price of $12.00, for a total transaction of $118,956.00. Following the sale, the director now directly owns 9,913 shares of the company’s stock, valued at $118,956. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 25.60% of the stock is owned by insiders.
IXYS Corp. Company Profile
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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