Todays Report: The IXYS Corp. (IXYS) Stake Lowered by First Trust Advisors LP

The IXYS Corp. (IXYS) Stake Lowered by First Trust Advisors LP

First Trust Advisors LP lowered its position in IXYS Corp. (NASDAQ:IXYS) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,857 shares of the company’s stock after selling 1,201 shares during the period. First Trust Advisors LP owned about 0.14% of IXYS Corp. worth $450,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Springbok Capital Management LLC boosted its position in IXYS Corp. by 54.1% in the first quarter. Springbok Capital Management LLC now owns 9,400 shares of the company’s stock worth $105,000 after buying an additional 3,300 shares in the last quarter. Emerald Acquisition Ltd. purchased a new position in IXYS Corp. during the second quarter worth approximately $129,000. Aperio Group LLC boosted its position in IXYS Corp. by 31.6% in the first quarter. Aperio Group LLC now owns 25,786 shares of the company’s stock worth $289,000 after buying an additional 6,188 shares in the last quarter. American Century Companies Inc. boosted its position in IXYS Corp. by 29.3% in the second quarter. American Century Companies Inc. now owns 30,869 shares of the company’s stock worth $316,000 after buying an additional 6,999 shares in the last quarter. Finally, Strs Ohio boosted its position in IXYS Corp. by 8.4% in the second quarter. Strs Ohio now owns 56,700 shares of the company’s stock worth $581,000 after buying an additional 4,400 shares in the last quarter. 63.75% of the stock is owned by hedge funds and other institutional investors.

IXYS Corp. (NASDAQ:IXYS) traded down 1.79% during trading on Thursday, hitting $10.95. 44,389 shares of the company were exchanged. The company has a market capitalization of $344.47 million, a price-to-earnings ratio of 23.75 and a beta of 1.30. IXYS Corp. has a 12 month low of $9.59 and a 12 month high of $14.00. The stock’s 50-day moving average is $11.71 and its 200-day moving average is $11.19.

IXYS Corp. (NASDAQ:IXYS) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.05. The company had revenue of $80.64 million for the quarter, compared to analyst estimates of $79.93 million. IXYS Corp. had a return on equity of 7.15% and a net margin of 4.68%. The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.16 earnings per share. Equities research analysts anticipate that IXYS Corp. will post $0.72 earnings per share for the current year.

In other IXYS Corp. news, Director Timothy A. Richardson sold 9,913 shares of the company’s stock in a transaction on Wednesday, September 28th. The shares were sold at an average price of $12.00, for a total transaction of $118,956.00. Following the completion of the transaction, the director now directly owns 9,913 shares in the company, valued at $118,956. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 25.60% of the company’s stock.

About IXYS Corp.

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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