IXYS Corporation (NASDAQ:IXYS) has been the object of insider selling activity recently. Director Timothy A. Richardson sold 87 shares at an average price of $12.00 on September 19th. That brings the Director’s holdings to $0 as reported to the SEC.
These funds have also shifted positions in (IXYS). As of the end of the quarter Schwab Charles Investment Management Inc had acquired 12,990 shares growing its position 7.1%. The value of the total investment in IXYS Corporation decreased from $2,306,000 to $2,005,000 decreasing 13.1% quarter to quarter. American Century Companies Inc added to its position by buying 6,999 shares an increase of 29.3% in the quarter. American Century Companies Inc currently owns 30,869 shares valued at $316,000. The total value of its holdings increased 17.9%.
As of quarter end Guggenheim Capital LLC had sold a total of 320,145 shares trimming its holdings by 19.5%. The value of the investment in IXYS went from $18,383,000 to $13,512,000 a change of $4,871,000 for the reporting period. As of quarter end Two Sigma Investments, Lp had bought 65,231 shares growing its stake by 534.3%. The value of the investment in IXYS Corporation increased from $137,000 to $794,000 a change of 479.6% quarter over quarter.
The company is now up by 4.17% since yesterday’s close of $11.52. Company shares last traded at $12.00 a bit higher than $11.60, the 50 day moving average and which is a tad above the 200 day moving average of $11.19. The 50 day moving average was up $0.40 or +3.49% whereas the 200 day average was up by +7.24%.
The most current P/E ratio is 26.03 and market cap is 377.50M. As of the latest earnings report the EPS was $0.46 and is estimated to be $0.72 for the current year with 31,458,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.20 with next year’s EPS projected to be $1.07.
Traders are a little more bearish on shares of the company looking at the change in short interest. The stock experienced a rise in short interest of 0.04% as of September 15, 2016 from the last reporting period. Short interest grew 13,511 over that timeframe. The short-interest ratio increased to 6.8 and the percentage of shorted shares is 0.01% as of September 15.