IXYS Corp. (NASDAQ:IXYS) Director Timothy A. Richardson sold 9,913 shares of IXYS Corp. stock in a transaction dated Wednesday, September 28th. The shares were 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 owns 9,913 shares in the company, valued at $118,956. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of IXYS Corp. (NASDAQ:IXYS) opened at 11.91 on Friday. The company has a 50-day moving average of $11.64 and a 200 day moving average of $11.20. The company has a market capitalization of $374.66 million, a P/E ratio of 25.84 and a beta of 1.30. IXYS Corp. has a 12 month low of $9.59 and a 12 month high of $14.00.
IXYS Corp. (NASDAQ:IXYS) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ 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 firm earned $80.64 million during the quarter, compared to analyst estimates of $79.93 million. During the same quarter in the previous year, the firm posted $0.16 earnings per share. IXYS Corp.’s quarterly revenue was down 1.7% compared to the same quarter last year. Analysts forecast that IXYS Corp. will post $0.72 EPS for the current year.
Hedge funds have recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of IXYS Corp. by 14.1% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 49,291 shares of the company’s stock worth $505,000 after buying an additional 6,090 shares during the last quarter. Emerald Acquisition Ltd. bought a new position in IXYS Corp. during the second quarter valued at 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 valued at $1,752,000 after buying an additional 5,903 shares during 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 valued at $316,000 after buying an additional 6,999 shares during the last quarter. Finally, 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 valued at $581,000 after buying an additional 4,400 shares during the last quarter. Institutional investors and hedge funds own 63.75% of the company’s stock.
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.
Receive News & Ratings for IXYS Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IXYS Corp. and related companies with MarketBeat.com's FREE daily email newsletter.