Intersil Corp. (NASDAQ:ISIL) shares saw an uptick in trading volume on Wednesday . 1,156,477 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 873,274 shares.The stock last traded at $14.89 and had previously closed at $14.56.

A number of research firms have issued reports on ISIL. B. Riley reiterated a “buy” rating and issued a $15.50 target price on shares of Intersil Corp. in a research report on Monday, May 2nd. Zacks Investment Research cut Intersil Corp. from a “hold” rating to a “sell” rating in a research report on Friday, April 29th. MKM Partners began coverage on Intersil Corp. in a research report on Friday, June 24th. They issued a “neutral” rating and a $15.50 target price on the stock. Drexel Hamilton reiterated a “buy” rating and issued a $17.00 target price (up previously from $16.00) on shares of Intersil Corp. in a research report on Wednesday, June 15th. Finally, Credit Agricole SA began coverage on Intersil Corp. in a research report on Monday, May 16th. They issued an “underperform” rating and a $12.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $14.79.

The company has a market cap of $2.05 billion and a price-to-earnings ratio of 23.16. The company’s 50 day moving average is $13.95 and its 200 day moving average is $12.97.

Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings data on Tuesday, April 26th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.15. During the same period last year, the company posted $0.17 EPS. The company had revenue of $129.30 million for the quarter, compared to analysts’ expectations of $128.41 million. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, equities analysts predict that Intersil Corp. will post $0.67 EPS for the current fiscal year.

In other Intersil Corp. news, SVP Andrew Micallef sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $11.96, for a total value of $47,840.00. Following the sale, the senior vice president now owns 3,019 shares of the company’s stock, valued at approximately $36,107.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Richard D. Crowley, Jr. purchased 2,800 shares of the stock in a transaction on Tuesday, May 3rd. The stock was acquired at an average cost of $11.71 per share, for a total transaction of $32,788.00. Following the acquisition, the chief financial officer now owns 61,163 shares in the company, valued at $716,218.73. The disclosure for this purchase can be found here.

Several hedge funds have added to or reduced their stakes in ISIL. Liberty Mutual Group Asset Management Inc. boosted its stake in Intersil Corp. by 51.7% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 85,195 shares of the company’s stock valued at $1,086,000 after buying an additional 29,024 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in Intersil Corp. by 2.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 90,658 shares of the company’s stock valued at $1,157,000 after buying an additional 2,409 shares during the last quarter. New York State Common Retirement Fund boosted its stake in Intersil Corp. by 5.2% in the fourth quarter. New York State Common Retirement Fund now owns 126,500 shares of the company’s stock valued at $1,614,000 after buying an additional 6,200 shares during the last quarter. California State Teachers Retirement System boosted its stake in Intersil Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 244,334 shares of the company’s stock valued at $3,118,000 after buying an additional 3,965 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in Intersil Corp. by 2.1% in the fourth quarter. Rhumbline Advisers now owns 291,652 shares of the company’s stock valued at $3,721,000 after buying an additional 6,100 shares during the last quarter.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company provides power management and precision analog technology for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets.

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