IXYS Co. (IXYS) Director Timothy A. Richardson Sells 35,801 Shares of Stock

IXYS Co. (NASDAQ:IXYS) Director Timothy A. Richardson sold 35,801 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $23.78, for a total transaction of $851,347.78. Following the completion of the sale, the director now owns 15,801 shares in the company, valued at approximately $375,747.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of IXYS Co. (NASDAQ IXYS) opened at $23.85 on Tuesday. The company has a market cap of $783.18, a price-to-earnings ratio of 27.79 and a beta of 0.67. IXYS Co. has a one year low of $11.10 and a one year high of $24.96. The company has a quick ratio of 5.55, a current ratio of 7.98 and a debt-to-equity ratio of 0.24.

Separately, BidaskClub upgraded shares of IXYS from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 17th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers raised its position in shares of IXYS by 1.9% during the 2nd quarter. Rhumbline Advisers now owns 30,038 shares of the semiconductor producer’s stock valued at $494,000 after buying an additional 560 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of IXYS by 0.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 198,264 shares of the semiconductor producer’s stock valued at $3,262,000 after buying an additional 589 shares in the last quarter. American Century Companies Inc. raised its position in shares of IXYS by 3.6% during the 2nd quarter. American Century Companies Inc. now owns 32,841 shares of the semiconductor producer’s stock valued at $540,000 after buying an additional 1,156 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of IXYS by 6.6% during the 2nd quarter. Wells Fargo & Company MN now owns 20,056 shares of the semiconductor producer’s stock valued at $330,000 after buying an additional 1,238 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of IXYS by 8.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,942 shares of the semiconductor producer’s stock valued at $261,000 after buying an additional 1,417 shares in the last quarter. Hedge funds and other institutional investors own 63.58% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “IXYS Co. (IXYS) Director Timothy A. Richardson Sells 35,801 Shares of Stock” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2017/12/12/ixys-co-ixys-director-timothy-a-richardson-sells-35801-shares-of-stock.html.

About IXYS

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.

Insider Buying and Selling by Quarter for IXYS (NASDAQ:IXYS)

Receive News & Ratings for IXYS Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IXYS Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply