Bank of New York Mellon Corp boosted its position in IXYS Corp. (NASDAQ:IXYS) by 3.6% during the second quarter, Holdings Channel reports. The fund owned 170,884 shares of the company’s stock after buying an additional 5,903 shares during the period. Bank of New York Mellon Corp owned approximately 0.54% of IXYS Corp. worth $1,752,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in IXYS. Springbok Capital Management LLC boosted its position in shares of IXYS Corp. by 54.1% in the first quarter. Springbok Capital Management LLC now owns 9,400 shares of the company’s stock worth $105,000 after buying an additional 3,300 shares during the period. UBS Asset Management Americas Inc. bought a new position in shares of IXYS Corp. during the first quarter worth about $178,000. Aperio Group LLC boosted its position in shares of 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 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 worth $316,000 after buying an additional 6,999 shares during the period. Finally, Strs Ohio boosted its position in shares of 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 during the period. Hedge funds and other institutional investors own 63.75% of the company’s stock.
Shares of IXYS Corp. (NASDAQ:IXYS) traded down 0.76% during trading on Friday, reaching $11.79. The company’s stock had a trading volume of 48,898 shares. The company’s 50 day moving average price is $11.74 and its 200 day moving average price is $11.20. IXYS Corp. has a 12 month low of $9.59 and a 12 month high of $14.00. The firm has a market cap of $370.89 million, a PE ratio of 25.57 and a beta of 1.30.
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 the consensus estimate of $0.19 by $0.05. IXYS Corp. had a return on equity of 7.15% and a net margin of 4.68%. The business had revenue of $80.64 million for the quarter, compared to the consensus estimate of $79.93 million. During the same quarter in the prior year, the company earned $0.16 earnings per share. IXYS Corp.’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, equities analysts predict that IXYS Corp. will post $0.72 earnings per share for the current year.
In related news, 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 completion of the sale, the director now directly owns 9,913 shares in the company, valued at approximately $118,956. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 25.60% of the company’s stock.
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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