IXYS (NASDAQ:IXYS) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Thursday.
Shares of IXYS (NASDAQ:IXYS) traded up $0.25 during midday trading on Thursday, hitting $24.60. The stock had a trading volume of 423,448 shares, compared to its average volume of 309,431. The company has a market capitalization of $810.20, a price-to-earnings ratio of 33.70 and a beta of 0.68. The company has a debt-to-equity ratio of 0.24, a quick ratio of 5.55 and a current ratio of 7.98. IXYS has a one year low of $11.52 and a one year high of $24.96.
In other news, Director Samuel Kory sold 108,750 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $24.35, for a total transaction of $2,648,062.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Timothy A. Richardson sold 35,801 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $23.78, for a total value of $851,347.78. Following the transaction, the director now owns 15,801 shares in the company, valued at approximately $375,747.78. The disclosure for this sale can be found here. In the last quarter, insiders have sold 155,651 shares of company stock worth $3,765,144. 23.60% of the stock is owned by corporate insiders.
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IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
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