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InvenSense (NASDAQ:INVN) CFO Alan Krock unloaded 125,000 shares of the stock on the open market in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $25.06, for a total transaction of $3,132,500.00. Following the transaction, the chief financial officer now directly owns 5,424 shares in the company, valued at approximately $135,925. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs downgraded shares of InvenSense from a “buy” rating to a “neutral” rating in a research note on Monday, August 18th. They now have a $25.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Canaccord Genuity initiated coverage on shares of InvenSense in a research note on Friday, August 8th. They set a “buy” rating and a $29.00 price target on the stock. Finally, analysts at Needham & Company LLC raised their price target on shares of InvenSense from $22.00 to $28.00 in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $27.47.

InvenSense (NASDAQ:INVN) traded up 2.78% on Friday, hitting $25.85. The stock had a trading volume of 1,741,731 shares. InvenSense has a 1-year low of $15.20 and a 1-year high of $26.78. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $21.91. The company’s market cap is $2.297 billion.

InvenSense (NASDAQ:INVN) last released its earnings data on Tuesday, July 29th. The company reported $0.08 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.08. The company had revenue of $66.70 million for the quarter, compared to the consensus estimate of $64.57 million. During the same quarter last year, the company posted $0.14 earnings per share. InvenSense’s revenue was up 19.3% compared to the same quarter last year. Analysts expect that InvenSense will post $0.77 EPS for the current fiscal year.

InvenSense, Inc (NASDAQ:INVN) is a provider of intelligent motion processing solutions.

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