Insider Selling: Scott Daniel Howarth Sells 20,000 Shares of Integrated Silicon Solution Stock (ISSI)
Integrated Silicon Solution (NASDAQ:ISSI) CEO Scott Daniel Howarth unloaded 20,000 shares of Integrated Silicon Solution stock on the open market in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $14.42, for a total transaction of $288,400.00. Following the completion of the transaction, the chief executive officer now directly owns 66,923 shares in the company, valued at approximately $965,030. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Integrated Silicon Solution (NASDAQ:ISSI) traded down 1.32% on Wednesday, hitting $14.16. The stock had a trading volume of 122,608 shares. Integrated Silicon Solution has a 52-week low of $9.99 and a 52-week high of $15.95. The stock’s 50-day moving average is $14.03 and its 200-day moving average is $12.78. The company has a market cap of $427.8 million and a P/E ratio of 16.92.
Integrated Silicon Solution (NASDAQ:ISSI) last released its earnings data on Wednesday, April 30th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03. The company had revenue of $80.90 million for the quarter, compared to the consensus estimate of $80.00 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that Integrated Silicon Solution will post $0.92 earnings per share for the current fiscal year.
Separately, analysts at B. Riley initiated coverage on shares of Integrated Silicon Solution in a research note on Friday, March 28th. They set a “buy” rating and a $18.00 price target on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $14.45.
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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