American International Group Inc. boosted its stake in Xcerra Corporation (NASDAQ:XCRA) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,582 shares of the semiconductor company’s stock after buying an additional 2,148 shares during the period. American International Group Inc. owned approximately 0.06% of Xcerra Corporation worth $290,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC raised its stake in Xcerra Corporation by 25.3% in the fourth quarter. Renaissance Technologies LLC now owns 1,117,999 shares of the semiconductor company’s stock valued at $8,542,000 after buying an additional 225,499 shares during the last quarter. Acadian Asset Management LLC raised its stake in Xcerra Corporation by 154.1% in the first quarter. Acadian Asset Management LLC now owns 369,930 shares of the semiconductor company’s stock valued at $3,288,000 after buying an additional 224,350 shares during the last quarter. Pacific Ridge Capital Partners LLC raised its stake in Xcerra Corporation by 22.2% in the first quarter. Pacific Ridge Capital Partners LLC now owns 934,152 shares of the semiconductor company’s stock valued at $8,305,000 after buying an additional 169,594 shares during the last quarter. Essex Investment Management Co. LLC purchased a new stake in Xcerra Corporation during the first quarter valued at $1,416,000. Finally, Paradigm Capital Management Inc. NY raised its stake in Xcerra Corporation by 9.2% in the first quarter. Paradigm Capital Management Inc. NY now owns 1,491,100 shares of the semiconductor company’s stock valued at $13,256,000 after buying an additional 125,300 shares during the last quarter. 84.10% of the stock is currently owned by institutional investors and hedge funds.

Shares of Xcerra Corporation (XCRA) opened at 9.73 on Monday. The company has a market cap of $528.02 million, a price-to-earnings ratio of 30.41 and a beta of 1.59. Xcerra Corporation has a 12-month low of $5.14 and a 12-month high of $10.01. The stock has a 50 day moving average of $9.85 and a 200 day moving average of $9.06.

Xcerra Corporation (NASDAQ:XCRA) last posted its quarterly earnings results on Thursday, June 1st. The semiconductor company reported $0.17 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.05. The business had revenue of $103.64 million during the quarter, compared to the consensus estimate of $97.10 million. Xcerra Corporation had a return on equity of 6.63% and a net margin of 4.86%. On average, equities analysts expect that Xcerra Corporation will post $0.43 earnings per share for the current fiscal year.

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Several equities research analysts have recently weighed in on XCRA shares. Zacks Investment Research lowered shares of Xcerra Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Stifel Nicolaus lowered shares of Xcerra Corporation from a “buy” rating to a “hold” rating and upped their target price for the stock from $10.00 to $10.25 in a report on Monday, May 15th. Craig Hallum lowered shares of Xcerra Corporation from a “buy” rating to a “hold” rating and set a $10.25 target price on the stock. in a report on Tuesday, April 11th. DA Davidson lowered shares of Xcerra Corporation from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $12.00 to $10.25 in a report on Monday, April 10th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $10.25 target price on shares of Xcerra Corporation in a report on Thursday, June 1st. Seven investment analysts have rated the stock with a hold rating, Xcerra Corporation currently has a consensus rating of “Hold” and a consensus target price of $10.20.

About Xcerra Corporation

Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.

Institutional Ownership by Quarter for Xcerra Corporation (NASDAQ:XCRA)

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