DSP Group, Inc. (NASDAQ:DSPG) Director Cynthia Paul bought 12,309 shares of DSP Group stock in a transaction dated Friday, October 12th. The stock was purchased at an average price of $11.28 per share, with a total value of $138,845.52. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Cynthia Paul also recently made the following trade(s):

  • On Wednesday, October 10th, Cynthia Paul bought 9,795 shares of DSP Group stock. The stock was purchased at an average price of $11.45 per share, with a total value of $112,152.75.
  • On Monday, October 8th, Cynthia Paul bought 205 shares of DSP Group stock. The stock was purchased at an average price of $11.45 per share, with a total value of $2,347.25.
  • On Monday, September 17th, Cynthia Paul bought 1,096 shares of DSP Group stock. The stock was purchased at an average price of $11.55 per share, with a total value of $12,658.80.

Shares of DSPG traded up $0.35 during trading hours on Friday, hitting $11.50. The stock had a trading volume of 54,446 shares, compared to its average volume of 86,165. The company has a market cap of $267.02 million, a PE ratio of 67.65, a P/E/G ratio of 6.90 and a beta of 0.82. DSP Group, Inc. has a 1-year low of $11.14 and a 1-year high of $13.95.

DSP Group (NASDAQ:DSPG) last issued its earnings results on Monday, July 30th. The semiconductor company reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. The company had revenue of $30.65 million during the quarter, compared to the consensus estimate of $31.00 million. DSP Group had a positive return on equity of 3.71% and a negative net margin of 1.28%. During the same period last year, the business posted $0.06 EPS. Equities research analysts predict that DSP Group, Inc. will post 0.12 earnings per share for the current fiscal year.

DSPG has been the subject of several research reports. BidaskClub downgraded DSP Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 6th. Zacks Investment Research downgraded DSP Group from a “hold” rating to a “sell” rating in a research note on Wednesday, August 1st. Finally, Needham & Company LLC restated a “buy” rating and issued a $15.00 target price on shares of DSP Group in a research note on Friday, June 29th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $15.40.

Hedge funds have recently added to or reduced their stakes in the business. A.R.T. Advisors LLC acquired a new position in DSP Group during the 1st quarter valued at about $125,000. Louisiana State Employees Retirement System acquired a new position in DSP Group during the 2nd quarter valued at about $127,000. Algert Global LLC acquired a new position in DSP Group during the 2nd quarter valued at about $149,000. Engineers Gate Manager LP acquired a new position in DSP Group during the 2nd quarter valued at about $167,000. Finally, Trexquant Investment LP acquired a new position in DSP Group during the 2nd quarter valued at about $207,000. Institutional investors and hedge funds own 79.52% of the company’s stock.

About DSP Group

DSP Group, Inc, a fabless semiconductor company, provides wireless and audio chipset solutions for converged communications worldwide. It operates through three segments: Home, Office, and SmartVoice. The company provides a portfolio of wireless chipsets that integrate DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear, video, and VoIP technologies.

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Insider Buying and Selling by Quarter for DSP Group (NASDAQ:DSPG)

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