VIEX Capital Advisors LLC acquired a new stake in shares of IXYS Corporation (NASDAQ:IXYS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 864,584 shares of the semiconductor producer’s stock, valued at approximately $12,579,000. IXYS Corporation makes up 9.8% of VIEX Capital Advisors LLC’s holdings, making the stock its 5th largest position. VIEX Capital Advisors LLC owned 2.74% of IXYS Corporation as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. State Street Corp raised its stake in shares of IXYS Corporation by 8.5% in the fourth quarter. State Street Corp now owns 546,086 shares of the semiconductor producer’s stock worth $6,500,000 after buying an additional 42,650 shares during the period. Dimensional Fund Advisors LP raised its stake in IXYS Corporation by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,354,939 shares of the semiconductor producer’s stock valued at $28,024,000 after buying an additional 70,581 shares during the last quarter. Royce & Associates LP raised its stake in IXYS Corporation by 7.8% in the fourth quarter. Royce & Associates LP now owns 1,935,534 shares of the semiconductor producer’s stock valued at $23,033,000 after buying an additional 140,000 shares during the last quarter. Discovery Group I LLC raised its stake in IXYS Corporation by 11.4% in the fourth quarter. Discovery Group I LLC now owns 1,163,441 shares of the semiconductor producer’s stock valued at $13,845,000 after buying an additional 119,449 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in IXYS Corporation by 21.9% in the fourth quarter. Renaissance Technologies LLC now owns 343,872 shares of the semiconductor producer’s stock valued at $4,092,000 after buying an additional 61,672 shares during the last quarter. Institutional investors own 65.22% of the company’s stock.
Shares of IXYS Corporation (NASDAQ:IXYS) traded up 2.80% during trading on Monday, hitting $16.50. 291,944 shares of the company were exchanged. The stock has a market capitalization of $528.23 million, a PE ratio of 25.00 and a beta of 0.81. The company has a 50 day moving average of $15.01 and a 200-day moving average of $13.31. IXYS Corporation has a 1-year low of $9.59 and a 1-year high of $16.65.
IXYS Corporation (NASDAQ:IXYS) last issued its quarterly earnings data 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 8.98% and a net margin of 6.63%. On average, analysts forecast that IXYS Corporation will post $0.85 earnings per share for the current year.
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In other news, Director Donald L. Feucht sold 5,000 shares of the stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $15.00, for a total value of $75,000.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $75,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director S Joon Lee sold 20,000 shares of the stock in a transaction dated 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 $386,500. The disclosure for this sale can be found here. Insiders have sold a total of 46,250 shares of company stock valued at $732,199 over the last 90 days. 25.60% of the stock is currently owned by company 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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