California State Teachers Retirement System Has $540,000 Position in IXYS Corp. (IXYS)
California State Teachers Retirement System increased its position in shares of IXYS Corp. (NASDAQ:IXYS) by 0.2% during the second quarter, Holdings Channel reports. The fund owned 52,670 shares of the company’s stock after buying an additional 105 shares during the period. California State Teachers Retirement System owned about 0.17% of IXYS Corp. worth $540,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Springbok Capital Management LLC boosted its position in 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 last quarter. UBS Asset Management Americas Inc. bought a new position in IXYS Corp. during the first quarter worth $178,000. Aperio Group LLC boosted its position in 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 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 worth $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 worth $581,000 after buying an additional 4,400 shares during the last quarter. 63.75% of the stock is currently owned by hedge funds and other institutional investors.
IXYS Corp. (NASDAQ:IXYS) traded down 0.76% on Friday, hitting $11.79. The stock had a trading volume of 48,898 shares. The company’s 50 day moving average is $11.74 and its 200-day moving average is $11.20. IXYS Corp. has a 12 month low of $9.59 and a 12 month high of $14.00. The stock has a market cap of $370.89 million, a P/E ratio of 25.57 and a beta of 1.30.
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 analysts’ consensus estimates of $0.19 by $0.05. The company had revenue of $80.64 million for the quarter, compared to analysts’ expectations of $79.93 million. IXYS Corp. had a return on equity of 7.15% and a net margin of 4.68%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.16 earnings per share. Analysts forecast that IXYS Corp. will post $0.72 EPS for the current year.
In related news, Director Timothy A. Richardson sold 9,913 shares of the company’s stock in a transaction dated Wednesday, September 28th. The stock was sold at an average price of $12.00, for a total transaction of $118,956.00. Following the transaction, the director now directly owns 9,913 shares of the company’s stock, valued at approximately $118,956. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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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