Haley Aman Sells 12,371 Shares of Pixelworks (NASDAQ:PXLW) Stock

Pixelworks, Inc. (NASDAQ:PXLW) CFO Haley Aman sold 12,371 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $5.98, for a total transaction of $73,978.58. Following the completion of the sale, the chief financial officer directly owned 68,291 shares of the company’s stock, valued at approximately $408,380.18. The trade was a 15.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Pixelworks Trading Down 1.3%

Shares of NASDAQ PXLW traded down $0.09 during midday trading on Friday, hitting $6.89. The company’s stock had a trading volume of 172,695 shares, compared to its average volume of 69,319. Pixelworks, Inc. has a 12-month low of $4.67 and a 12-month high of $15.42. The firm has a market cap of $43.84 million, a P/E ratio of -2.94 and a beta of 1.66. The business’s 50 day moving average is $5.73 and its two-hundred day moving average is $6.14.

Hedge Funds Weigh In On Pixelworks

Large investors have recently made changes to their positions in the business. Emerald Mutual Fund Advisers Trust increased its stake in Pixelworks by 26.9% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 37,237 shares of the semiconductor company’s stock valued at $201,000 after purchasing an additional 7,904 shares in the last quarter. XTX Topco Ltd acquired a new position in Pixelworks during the 4th quarter valued at approximately $73,000. Bleichroeder LP acquired a new position in Pixelworks during the 4th quarter valued at approximately $1,278,000. Potomac Capital Management Inc. acquired a new position in Pixelworks during the 4th quarter valued at approximately $1,272,000. Finally, Geode Capital Management LLC increased its stake in Pixelworks by 11.7% during the 4th quarter. Geode Capital Management LLC now owns 58,775 shares of the semiconductor company’s stock valued at $374,000 after purchasing an additional 6,172 shares in the last quarter. 21.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Pixelworks in a research note on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Pixelworks currently has an average rating of “Moderate Buy” and an average target price of $15.00.

Pixelworks Company Profile

Pixelworks, Inc (NASDAQ:PXLW) is a provider of video processing semiconductors and software solutions designed to enhance display performance across a range of consumer and commercial applications. The company’s core offerings include high-performance video processing SoCs, pixel processing silicon, and accompanying firmware that deliver advanced image enhancement, color calibration, and high-dynamic-range (HDR) support. These solutions are tailored to improve picture quality, reduce latency, and optimize power consumption in digital displays.

Pixelworks’ product portfolio addresses diverse end markets such as digital projectors, flat-panel televisions, set-top boxes, mobile devices, automotive infotainment displays, and digital signage.