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Silicon Image (NASDAQ:SIMG) Insider Edward Lopez sold 30,014 shares of the stock on the open market in a transaction dated Friday, August 8th. The stock was sold at an average price of $4.93, for a total value of $147,969.02. Following the completion of the transaction, the insider now directly owns 50,957 shares of the company’s stock, valued at approximately $251,218. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Silicon Image (NASDAQ:SIMG) traded up 1.85% during mid-day trading on Monday, hitting $4.96. 175,557 shares of the company’s stock traded hands. Silicon Image has a one year low of $4.52 and a one year high of $7.16. The stock’s 50-day moving average is $4.97 and its 200-day moving average is $5.69. The company has a market cap of $387.6 million and a P/E ratio of 42.35.

Silicon Image (NASDAQ:SIMG) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.04 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.04. The company had revenue of $59.50 million for the quarter, compared to the consensus estimate of $62.00 million. During the same quarter last year, the company posted $0.08 earnings per share. Silicon Image’s revenue was down 19.3% compared to the same quarter last year. On average, analysts predict that Silicon Image will post $0.24 earnings per share for the current fiscal year.

Separately, analysts at Needham & Company LLC upgraded shares of Silicon Image from a “hold” rating to a “buy” rating in a research note on Thursday, July 31st. They now have a $6.00 price target on the stock.

Silicon Image, Inc (NASDAQ:SIMG) is a provider of connectivity solutions that enable the reliable distribution and presentation of HD content for mobile, consumer electronics (CE) and personal computer (PC) markets.

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