Algert Global LLC purchased a new stake in IXYS Corporation (NASDAQ:IXYS) during the second quarter, Holdings Channel reports. The institutional investor purchased 11,230 shares of the semiconductor producer’s stock, valued at approximately $185,000.

Other institutional investors also recently added to or reduced their stakes in the company. VIEX Capital Advisors LLC bought a new position in IXYS Corporation during the first quarter valued at $12,579,000. JPMorgan Chase & Co. increased its position in IXYS Corporation by 27.6% in the first quarter. JPMorgan Chase & Co. now owns 1,907,940 shares of the semiconductor producer’s stock valued at $27,760,000 after buying an additional 412,605 shares during the last quarter. Royce & Associates LP increased its position in IXYS Corporation by 6.5% in the first quarter. Royce & Associates LP now owns 2,060,572 shares of the semiconductor producer’s stock valued at $29,981,000 after buying an additional 125,038 shares during the last quarter. Dimensional Fund Advisors LP increased its position in IXYS Corporation by 5.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,479,421 shares of the semiconductor producer’s stock valued at $36,075,000 after buying an additional 124,482 shares during the last quarter. Finally, Martingale Asset Management L P increased its position in IXYS Corporation by 104.6% in the first quarter. Martingale Asset Management L P now owns 196,966 shares of the semiconductor producer’s stock valued at $2,866,000 after buying an additional 100,701 shares during the last quarter. 61.38% of the stock is owned by institutional investors.

IXYS Corporation (IXYS) opened at 15.80 on Friday. The stock has a market cap of $515.13 million, a P/E ratio of 21.38 and a beta of 0.78. The firm’s 50-day moving average price is $16.59 and its 200 day moving average price is $14.63. IXYS Corporation has a 52-week low of $10.06 and a 52-week high of $17.80.

IXYS Corporation (NASDAQ:IXYS) last released its earnings results on Friday, June 2nd. The semiconductor producer reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.14. The firm had revenue of $83.37 million during the quarter. IXYS Corporation had a return on equity of 9.40% and a net margin of 7.33%. Equities analysts predict that IXYS Corporation will post $0.85 earnings per share for the current year.

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Separately, BidaskClub downgraded IXYS Corporation from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th.

In other IXYS Corporation news, Director Samuel Kory sold 10,400 shares of the company’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $16.51, for a total value of $171,704.00. Following the transaction, the director now owns 21,650 shares of the company’s stock, valued at $357,441.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director S Joon Lee sold 20,000 shares of the company’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $15.46, for a total value of $309,200.00. Following the completion of the transaction, the director now directly owns 25,000 shares in the company, valued at approximately $386,500. The disclosure for this sale can be found here. Insiders sold 45,000 shares of company stock valued at $714,304 over the last 90 days. 23.60% of the stock is currently owned by insiders.

About IXYS Corporation

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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Institutional Ownership by Quarter for IXYS Corporation (NASDAQ:IXYS)

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