Integrated Silicon Solution CEO Sells $375,000 in Stock (ISSI)
Integrated Silicon Solution (NASDAQ:ISSI) CEO Scott Daniel Howarth unloaded 25,000 shares of Integrated Silicon Solution stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $375,000.00. Following the transaction, the chief executive officer now directly owns 66,923 shares of the company’s stock, valued at approximately $1,003,845. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
ISSI has been the subject of a number of recent research reports. Analysts at Feltl & Co. upgraded shares of Integrated Silicon Solution from a “hold” rating to a “buy” rating in a research note on Friday. They now have a $17.50 price target on the stock, up previously from $15.50. Separately, analysts at Zacks downgraded shares of Integrated Silicon Solution from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $16.70 price target on the stock. Finally, analysts at Zacks upgraded shares of Integrated Silicon Solution from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $15.90 price target on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $15.94.
Integrated Silicon Solution (NASDAQ:ISSI) traded up 0.87% during mid-day trading on Tuesday, hitting $15.08. 185,677 shares of the company’s stock traded hands. 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 $14.9 and its 200-day moving average is $13.76. The company has a market cap of $457.1 million and a P/E ratio of 18.71.
Integrated Silicon Solution (NASDAQ:ISSI) last released its earnings data on Thursday, July 24th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.01. The company had revenue of $84.80 million for the quarter, compared to the consensus estimate of $83.70 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis. Analysts expect that Integrated Silicon Solution will post $0.92 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 15th. Investors of record on Monday, August 4th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Thursday, July 31st.
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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