Integrated Device Technology Inc. (NASDAQ:IDTI)’s share price shot up 2.1% during mid-day trading on Monday . The company traded as high as $21.93 and last traded at $21.90, with a volume of 761,931 shares changing hands. The stock had previously closed at $21.46.

A number of brokerages have issued reports on IDTI. Barclays PLC reaffirmed an “underweight” rating and issued a $21.00 price objective on shares of Integrated Device Technology in a research note on Thursday, May 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $27.00 price objective (up from $26.00) on shares of Integrated Device Technology in a research note on Tuesday, May 3rd. Zacks Investment Research raised shares of Integrated Device Technology from a “sell” rating to a “hold” rating in a research note on Thursday, May 5th. Vetr raised shares of Integrated Device Technology from a “buy” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research note on Wednesday, June 15th. Finally, Wedbush reissued an “outperform” rating and set a $27.00 price target (down from $28.00) on shares of Integrated Device Technology in a research report on Thursday, June 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $27.46.

The company has a market cap of $2.92 billion and a price-to-earnings ratio of 16.59. The company’s 50 day moving average is $21.45 and its 200-day moving average is $21.04.

Integrated Device Technology (NASDAQ:IDTI) last announced its quarterly earnings data on Monday, May 2nd. The company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.03. During the same quarter in the previous year, the firm posted $0.29 earnings per share. The business earned $189.40 million during the quarter, compared to the consensus estimate of $187.23 million. The company’s revenue was up 19.6% compared to the same quarter last year. Equities analysts predict that Integrated Device Technology Inc. will post $1.51 earnings per share for the current fiscal year.

In related news, VP Xianzhi Sean Fan sold 49,584 shares of the company’s stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $23.59, for a total transaction of $1,169,686.56. Following the completion of the sale, the vice president now directly owns 116,184 shares in the company, valued at approximately $2,740,780.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Matthew D. Brandalise sold 6,548 shares of the company’s stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $22.84, for a total transaction of $149,556.32. Following the sale, the vice president now owns 73,121 shares of the company’s stock, valued at $1,670,083.64. The disclosure for this sale can be found here.

A number of large investors have recently bought and sold shares of the stock. Russell Frank Co raised its stake in Integrated Device Technology by 48.0% in the fourth quarter. Russell Frank Co now owns 234,129 shares of the company’s stock worth $6,307,000 after buying an additional 75,904 shares in the last quarter. California Public Employees Retirement System raised its stake in Integrated Device Technology by 3.1% in the fourth quarter. California Public Employees Retirement System now owns 471,700 shares of the company’s stock worth $12,429,000 after buying an additional 14,200 shares in the last quarter. ProShare Advisors LLC raised its stake in Integrated Device Technology by 23.4% in the fourth quarter. ProShare Advisors LLC now owns 43,050 shares of the company’s stock worth $1,134,000 after buying an additional 8,176 shares in the last quarter. State of Wisconsin Investment Board purchased a new stake in Integrated Device Technology during the fourth quarter worth approximately $8,300,000. Finally, Vanguard Group Inc. raised its stake in Integrated Device Technology by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 10,464,513 shares of the company’s stock worth $275,740,000 after buying an additional 99,928 shares in the last quarter.

Integrated Device Technology, Inc (IDT) is a developer of mixed-signal semiconductor solutions. The Company offers semiconductors for communications infrastructure in both wired and wireless. It designs, develops, manufactures and markets a range of semiconductor. It operates in two segments: the Communications segment and the Computing and Consumer segment.

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