Key Points
- Pixelworks CEO Todd Debonis sold 12,274 shares on May 21 at an average price of $5.98, totaling about $73,399. After the sale, he still held 214,309 shares.
- Shares of PXLW were trading at $6.89, giving the company a market cap of $43.82 million. The stock has ranged from a 52-week low of $4.67 to a high of $15.42.
- Analysts remain mixed on Pixelworks: Weiss Ratings reiterated a sell (d-) rating, while MarketBeat shows a consensus rating of Moderate Buy with an average target price of $15.00.
Pixelworks, Inc. (NASDAQ:PXLW - Get Free Report) CEO Todd Debonis sold 12,274 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $5.98, for a total transaction of $73,398.52. Following the transaction, the chief executive officer owned 214,309 shares in the company, valued at approximately $1,281,567.82. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Pixelworks Price Performance
Shares of PXLW stock opened at $6.89 on Friday. The firm has a market cap of $43.82 million, a P/E ratio of -2.94 and a beta of 1.66. Pixelworks, Inc. has a 1-year low of $4.67 and a 1-year high of $15.42. The firm's 50-day simple moving average is $5.73 and its 200-day simple moving average is $6.14.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Pixelworks in a report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $15.00.
Read Our Latest Report on Pixelworks
Institutional Trading of Pixelworks
A number of institutional investors and hedge funds have recently bought and sold shares of PXLW. XTX Topco Ltd acquired a new stake in Pixelworks during the 4th quarter worth approximately $73,000. Magnus Financial Group LLC acquired a new stake in Pixelworks during the 4th quarter worth approximately $80,000. Susquehanna International Group LLP acquired a new stake in Pixelworks during the 3rd quarter worth approximately $155,000. F m Investments LLC acquired a new stake in Pixelworks during the 4th quarter worth approximately $187,000. Finally, Emerald Mutual Fund Advisers Trust increased its position in Pixelworks by 26.9% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 37,237 shares of the semiconductor company's stock worth $201,000 after purchasing an additional 7,904 shares in the last quarter. Institutional investors and hedge funds own 21.37% of the company's stock.
Pixelworks Company Profile
(
Get Free Report)
Pixelworks, Inc (NASDAQ:PXLW) is a provider of video processing semiconductors and software solutions designed to enhance display performance across a range of consumer and commercial applications. The company's core offerings include high-performance video processing SoCs, pixel processing silicon, and accompanying firmware that deliver advanced image enhancement, color calibration, and high-dynamic-range (HDR) support. These solutions are tailored to improve picture quality, reduce latency, and optimize power consumption in digital displays.
Pixelworks' product portfolio addresses diverse end markets such as digital projectors, flat-panel televisions, set-top boxes, mobile devices, automotive infotainment displays, and digital signage.
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