Xcerra Corp (XCRA) VP Pascal Ronde Sells 30,000 Shares

Xcerra Corp (NASDAQ:XCRA) VP Pascal Ronde sold 30,000 shares of Xcerra stock in a transaction on Friday, January 5th. The stock was sold at an average price of $9.96, for a total value of $298,800.00. Following the sale, the vice president now owns 277,250 shares in the company, valued at $2,761,410. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Xcerra Corp (NASDAQ XCRA) opened at $10.02 on Thursday. The stock has a market capitalization of $549.37, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 0.86 and a beta of 1.59. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.27 and a quick ratio of 3.23. Xcerra Corp has a one year low of $7.21 and a one year high of $10.15.

Xcerra (NASDAQ:XCRA) last issued its earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.14. The firm had revenue of $120.29 million for the quarter, compared to analyst estimates of $108.30 million. Xcerra had a return on equity of 14.63% and a net margin of 9.30%. equities research analysts predict that Xcerra Corp will post 0.97 EPS for the current year.

A number of analysts recently commented on the company. ValuEngine upgraded Xcerra from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Zacks Investment Research lowered Xcerra from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, BidaskClub lowered Xcerra from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $10.40.

Several institutional investors and hedge funds have recently modified their holdings of the business. GSA Capital Partners LLP bought a new stake in shares of Xcerra in the third quarter valued at $398,000. Algert Global LLC bought a new stake in shares of Xcerra in the third quarter valued at $1,864,000. California Public Employees Retirement System raised its stake in shares of Xcerra by 13.8% in the third quarter. California Public Employees Retirement System now owns 213,761 shares of the semiconductor company’s stock valued at $2,106,000 after buying an additional 25,861 shares during the period. Burren Capital Advisors Ltd bought a new stake in shares of Xcerra in the third quarter valued at $1,311,000. Finally, Boothbay Fund Management LLC bought a new stake in shares of Xcerra in the third quarter valued at $3,552,000. Hedge funds and other institutional investors own 84.25% of the company’s stock.

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Xcerra Company Profile

Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.

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