Media stories about CEVA (NASDAQ:CEVA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CEVA earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.2340014452391 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

CEVA (NASDAQ CEVA) opened at $46.40 on Tuesday. The stock has a market cap of $1,019.64, a price-to-earnings ratio of 53.95, a price-to-earnings-growth ratio of 2.27 and a beta of 0.75. CEVA has a twelve month low of $32.25 and a twelve month high of $51.80.

CEVA (NASDAQ:CEVA) last posted its quarterly earnings data on Wednesday, November 1st. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.08. The business had revenue of $24.00 million for the quarter, compared to the consensus estimate of $21.56 million. CEVA had a net margin of 21.89% and a return on equity of 9.02%. The company’s revenue was up 34.1% compared to the same quarter last year. During the same period last year, the firm posted $0.24 earnings per share. analysts predict that CEVA will post 0.77 EPS for the current fiscal year.

Several analysts recently commented on the stock. Canaccord Genuity restated a “buy” rating and set a $53.00 price target (down previously from $54.00) on shares of CEVA in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of CEVA from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $47.83.

In other CEVA news, Director Eliyahu Ayalon sold 9,215 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $46.00, for a total transaction of $423,890.00. Following the transaction, the director now directly owns 11,586 shares of the company’s stock, valued at $532,956. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Issachar Ohana sold 1,965 shares of the stock in a transaction on Friday, November 24th. The shares were sold at an average price of $50.10, for a total transaction of $98,446.50. Following the transaction, the executive vice president now directly owns 28,289 shares in the company, valued at $1,417,278.90. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 67,682 shares of company stock worth $3,257,929. Insiders own 3.90% of the company’s stock.

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CEVA Company Profile

CEVA, Inc (CEVA) is a licensor of signal processing intellectual property (IP). The Company partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT).

Insider Buying and Selling by Quarter for CEVA (NASDAQ:CEVA)

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