ARM Holdings plc (ADR) (NASDAQ:ARMH) whose chip designs are found in more than 90% of mobile phones, is gearing up for the industry’s next big thing: wearable devices. U.K.-based ARM said Monday it is building a design center in Taiwan, the company’s fourth world-wide, to develop chips for accessories like watches and glasses and for electronic devices that connect with one another and with the Internet. ARM Holdings plc (ADR) (NASDAQ:ARMH) net profit margin is 15.80% and weekly performance is 2.74%. On last trading day company shares ended up $46.20. Analysts mean target price for the company is $53.17. ARM Holdings plc (ADR) (NASDAQ:ARMH) distance from 50-day simple moving average (SMA50) is -2.17%.
On May 31, Microchip Technology Inc (NASDAQ:MCHP) CEO Steve Sanghi sold 120,249 shares of the stock on the open market in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $47.26, for a total transaction of $5,682,967.74. Microchip Technology Inc. (NASDAQ:MCHP) shares advanced 0.61% in last trading session and ended the day on $47.60. Gross Margin is 58.50% and its return on assets is 9.90%. Microchip Technology Inc. (NASDAQ:MCHP) quarterly performance is 5.31%.
On May 23, The present market situation for chipmaker Cirrus Logic, Inc. (NASDAQ:CRUS) doesn’t appear to be good. The company has lost its momentum and has been reporting upsetting results. The stock is declining and looks like a bad pick at present. Cirrus Logic, Inc. (NASDAQ:CRUS) shares moved down -0.72% in last trading session and was closed at $22.13, while trading in range of $22.03 – $22.47. Cirrus Logic, Inc. (NASDAQ:CRUS) year to date (YTD) performance is 8.32%.
On May 29, Lattice Semiconductor (NASDAQ:LSCC) CFO Joseph Bedewi unloaded 32,427 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $7.86, for a total transaction of $254,876.22. Following the transaction, the chief financial officer now directly owns 22,516 shares in the company, valued at approximately $176,976. Lattice Semiconductor (NASDAQ:LSCC) ended the last trading day at $7.91. Company weekly volatility is calculated as 2.53% and price to cash ratio as 4.24. Lattice Semiconductor (NASDAQ:LSCC) showed a positive weekly performance of 0.51%.
On May 27, Hanwha SolarOne Co Ltd (NASDAQ:HSOL) is set to enter the Mexican market with the announcement of a co-operation agreement between the PV manufacturer, Canadian company Sunrise Power and metal engineering company Cosma International. Hanwha Solarone Co Ltd (NASDAQ:HSOL) net profit margin is -35.80% and weekly performance is 4.64%. On last trading day company shares ended up $2.48. Analysts mean target price for the company is $5.00. Hanwha Solarone Co Ltd (NASDAQ:HSOL) distance from 50-day simple moving average (SMA50) is -9.44%.
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