32,885 Shares in Pixelworks, Inc. (PXLW) Acquired by Emerald Advisers Inc. PA
Emerald Advisers Inc. PA bought a new stake in Pixelworks, Inc. (NASDAQ:PXLW) during the 4th quarter, Holdings Channel reports. The fund bought 32,885 shares of the semiconductor company’s stock, valued at approximately $208,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Strs Ohio purchased a new position in Pixelworks in the fourth quarter valued at about $105,000. GSA Capital Partners LLP purchased a new position in Pixelworks in the second quarter valued at about $105,000. Macquarie Group Ltd. purchased a new position in Pixelworks in the third quarter valued at about $108,000. Stifel Financial Corp grew its stake in Pixelworks by 31.1% in the second quarter. Stifel Financial Corp now owns 26,189 shares of the semiconductor company’s stock valued at $120,000 after purchasing an additional 6,213 shares during the last quarter. Finally, Rhumbline Advisers purchased a new position in Pixelworks in the second quarter valued at about $126,000. Institutional investors own 37.77% of the company’s stock.
In other news, CFO Steven L. Moore sold 74,999 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $5.88, for a total transaction of $440,994.12. Following the sale, the chief financial officer now owns 496,570 shares in the company, valued at $2,919,831.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.50% of the stock is currently owned by insiders.
Shares of Pixelworks, Inc. (NASDAQ PXLW) opened at $5.36 on Friday. Pixelworks, Inc. has a 52 week low of $3.73 and a 52 week high of $7.05. The firm has a market capitalization of $180.51, a PE ratio of 29.28 and a beta of 0.40. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.20.
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Pixelworks Company Profile
Pixelworks, Inc designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices.
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