Integrated Silicon Solution CFO John Cobb Unloads 7,091 Shares (ISSI)
Integrated Silicon Solution (NASDAQ:ISSI) CFO John Cobb sold 7,091 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $11.50, for a total transaction of $81,546.50. Following the transaction, the chief financial officer now directly owns 45,853 shares of the company’s stock, valued at approximately $527,310. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
ISSI has been the subject of a number of recent research reports. Analysts at Jefferson Research downgraded shares of Integrated Silicon Solution from a “buy” rating to a “hold” rating in a research note on Friday. Separately, analysts at Needham & Company raised their price target on shares of Integrated Silicon Solution from $13.00 to $15.00 in a research note on Thursday, January 30th. They now have a “buy” rating on the stock. Finally, analysts at Craig Hallum downgraded shares of Integrated Silicon Solution from a “buy” rating to a “hold” rating in a research note on Thursday, January 30th. They now have a $12.50 price target on the stock, down previously from $13.00. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $13.20.
Shares of Integrated Silicon Solution (NASDAQ:ISSI) traded down 0.86% on Friday, hitting $11.48. The stock had a trading volume of 133,678 shares. Integrated Silicon Solution has a 52-week low of $8.31 and a 52-week high of $12.99. The stock’s 50-day moving average is $11.96 and its 200-day moving average is $11.38. The company has a market cap of $342.3 million and a price-to-earnings ratio of 17.05.
Integrated Silicon Solution (NASDAQ:ISSI) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.02. The company had revenue of $78.40 million for the quarter, compared to the consensus estimate of $78.82 million. During the same quarter last year, the company posted $0.18 earnings per share. Integrated Silicon Solution’s revenue was up 3.6% compared to the same quarter last year. Analysts expect that Integrated Silicon Solution will post $0.89 EPS for the current fiscal year.
Integrated Silicon Solution, Inc (NASDAQ:ISSI) is a fabless semiconductor company that designs and markets integrated circuits (ICs) for markets, including automotive, communications, industrial, medical and military, and digital consumer.
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