Intersil Corp. SVP Unloads $13,354 in Stock (ISIL)
Intersil Corp. (NASDAQ:ISIL) SVP Susan Hardman sold 1,187 shares of the stock on the open market in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $11.25, for a total transaction of $13,353.75. Following the sale, the senior vice president now directly owns 61,625 shares in the company, valued at approximately $693,281. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Intersil Corp. (NASDAQ:ISIL) traded up 0.27% on Friday, hitting $11.09. The stock had a trading volume of 590,919 shares. Intersil Corp. has a 52 week low of $6.31 and a 52 week high of $11.46. The stock’s 50-day moving average is $10.86 and its 200-day moving average is $8.99. The company’s market cap is $1.412 billion.
Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.06. The company had revenue of $144.80 million for the quarter, compared to the consensus estimate of $138.35 million. During the same quarter in the previous year, the company posted $0.08 earnings per share. The company’s revenue for the quarter was down 11.2% on a year-over-year basis.
A number of research firms have recently commented on ISIL. Analysts at Zacks downgraded shares of Intersil Corp. (NASDAQ:ISIL) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $11.80 price target on the stock. Separately, analysts at B. Riley raised their price target on shares of Intersil Corp. (NASDAQ:ISIL) to $13.00 in a research note to investors on Friday, September 27th. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Intersil Corp. (NASDAQ:ISIL) from $14.00 to $15.00 in a research note to investors on Tuesday, September 24th. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $10.31.
Intersil Corporation manufactures and markets analog, mixed-signal, and power management integrated circuits (NASDAQ:ISIL).
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