IXYS (NASDAQ:IXYS) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Thursday.
IXYS (NASDAQ:IXYS) traded up $0.10 during mid-day trading on Thursday, reaching $24.35. The company’s stock had a trading volume of 672,628 shares, compared to its average volume of 281,141. The company has a market cap of $801.98, a PE ratio of 34.30 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 52-week low of $11.20 and a 52-week high of $24.96.
In other IXYS news, Director Timothy A. Richardson sold 35,801 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $23.78, for a total transaction of $851,347.78. Following the completion of the transaction, the director now owns 15,801 shares in the company, valued at approximately $375,747.78. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Samuel Kory sold 108,750 shares of the stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $24.35, for a total value of $2,648,062.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 155,651 shares of company stock valued at $3,765,144. Corporate insiders own 23.60% of the company’s stock.
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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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