Stifel Financial Corp now owns 552,300 shares of the semiconductor company's stock valued at $14,684,000 after acquiring an additional 148,386 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Integrated Device Technology by 2.8% in the second quarter.
Other hedge funds also recently modified their holdings of the company. The percentage of shares being held by the company management was 1.1% while institutional stake was 98.91%. Legal & General Group Plc now owns 85,591 shares of the semiconductor company's stock worth $2,026,000 after buying an additional 16,315 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Integrated Device Technology by 16.6% in the first quarter. Public Employees Retirement System of OH now owns 4,935 shares of the semiconductor company's stock worth $127,000 after purchasing an additional 670 shares in the last quarter.
Integrated Device Technology (NASDAQ:IDTI) last issued its earnings results on Monday, October 30th. American International Group Inc grew its holdings by buying 10,657 shares an increase of 3.0%. Northern Trust Corp lifted its position in Integrated Device Technology by 1.7% during the 2nd quarter. Northern Trust Corp now owns 2,259,492 shares of the semiconductor company's stock worth $58,272,000 after buying an additional 37,579 shares in the last quarter. Institutional investors and hedge funds own 97.50% of the company's stock.
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IDTI has been the subject of several recent research reports. Integrated Device had 43 analyst reports since August 4, 2015 according to SRatingsIntel. Bank of America Corporation lowered shares of Integrated Device Technology from a "neutral" rating to an "underperform" rating and set a $27.00 target price on the stock.in a report on Tuesday, August 1st.
On October 31 Needham & Company LLC left the company rating at "Buy" with a current price target of $36.00. Craig Hallum increased their target price on Integrated Device Technology from $30.00 to $36.00 and gave the stock a buy rating in a research note on Tuesday, October 31st. Finally, BidaskClub lowered shares of Integrated Device Technology from a "buy" rating to a "hold" rating in a report on Saturday, August 5th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the company's stock. They now have a $25.00 price target on the stock, up from their prior price target of $23.00. Integrated Device Technology has a 52-week low of $21.80 and a 52-week high of $33.64. Cwm Lc reported 0% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI). 1492 Capital Management Llc who had been investing in Integrated Device Technology for a number of months, seems to be less bullish one the $4.38 billion market cap company. The company has a debt-to-equity ratio of 0.41, a quick ratio of 4.80 and a current ratio of 5.42. The value of the investment in Integrated Devices increased from $9,084,000 to $9,645,000 a change of $561,000 since the last quarter. As of the last earnings report the EPS was $0.72 with 132.99M shares presently outstanding. Aperio Grp Incorporated Limited Liability Corporation holds 0.01% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI) for 32,523 shares. The firm earned $184.10 million during the quarter, compared to analyst estimates of $183.99 million. Greenwood Capital Associates LLC lifted its position in Integrated Device Technology by 1.3% during the 2nd quarter.
On a similar note, analysts expect EPS of -$0.06 in December 2017 quarter and -$0.07 in March 2018 quarter, representing -60% and -61.11% growth, respectively.
In related news, VP Chris Allexandre sold 1,028 shares of the company's stock in a transaction dated Monday, November 6th. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. $165,794 worth of stock was sold by FAN XIANZHI SEAN on Monday, May 15. The shares were sold at an average price of $31.72, for a total transaction of $2,126,540.52. Following the completion of the sale, the insider now owns 138,993 shares of the company's stock, valued at $4,408,857.96. Insiders own 1.24% of the company's stock. The Firm operates through two divisions: the Communications, and the Computing, Consumer and Industrial.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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