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InvenSense (NASDAQ:INVN) VP Stephen Lloyd sold 10,000 shares of the company’s stock on the open market in a transaction dated Tuesday, April 8th. The stock was sold at an average price of $20.91, for a total value of $209,100.00. Following the completion of the sale, the vice president now directly owns 37,000 shares in the company, valued at approximately $773,670. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

INVN has been the subject of a number of recent research reports. Analysts at Pacific Crest raised their price target on shares of InvenSense from $20.00 to $27.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Oppenheimer downgraded shares of InvenSense from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 1st. They now have a $20.00 price target on the stock. Finally, analysts at Roth Capital upgraded shares of InvenSense from a “neutral” rating to a “buy” rating in a research note on Friday, March 28th. They now have a $26.00 price target on the stock, up previously from $18.00. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $23.80.

InvenSense (NASDAQ:INVN) traded down 4.55% on Thursday, hitting $21.39. The stock had a trading volume of 2,446,572 shares. InvenSense has a 1-year low of $9.09 and a 1-year high of $24.34. The stock’s 50-day moving average is $21.99 and its 200-day moving average is $19.43. The company has a market cap of $1.878 billion and a P/E ratio of 80.32.

InvenSense (NASDAQ:INVN) last announced its earnings results on Wednesday, January 29th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.03. The company had revenue of $66.70 million for the quarter, compared to the consensus estimate of $66.84 million. During the same quarter last year, the company posted $0.19 earnings per share. InvenSense’s revenue was up 13.2% compared to the same quarter last year. On average, analysts predict that InvenSense will post $0.61 earnings per share for the current fiscal year.

InvenSense, Inc (NASDAQ:INVN) is engaged in devices for the motion interface market that detect and track an object’s motion in three-dimensional space.

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