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Pixelworks (NASDAQ:PXLW) CEO Bruce A. Walicek sold 20,556 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $6.24, for a total value of $128,269.44. Following the completion of the sale, the chief executive officer now directly owns 360,649 shares of the company’s stock, valued at approximately $2,250,450. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Pixelworks (NASDAQ:PXLW) traded up 0.32% on Monday, hitting $6.24. The stock had a trading volume of 368,379 shares. Pixelworks has a 52-week low of $2.97 and a 52-week high of $9.05. The stock’s 50-day moving average is $5.62 and its 200-day moving average is $5.27. The company’s market cap is $140.4 million.

Pixelworks (NASDAQ:PXLW) last announced its earnings results on Thursday, May 8th. The company reported ($0.04) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.03. The company had revenue of $13.50 million for the quarter, compared to the consensus estimate of $13.10 million. Pixelworks’s revenue was up 62.7% compared to the same quarter last year. On average, analysts predict that Pixelworks will post $0.14 earnings per share for the current fiscal year.

Pixelworks, Inc (NASDAQ:PXLW) is a designer, developer and marketer of video and pixel processing semiconductors and software for digital video applications.

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