Integrated Device Technology, Inc. (NASDAQ:IDTI) the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, accepted a prestigious award for its industry-first dual-mode wireless power receiver. China’s Electronic Engineering & Product World (EEPW) magazine recognized IDT with the best power management product award for the IDTP9021, which provides compatibility with both the Wireless Power Consortium (WPC) and Power Matters Alliance (PMA) standards. IDT’s innovative receiver bridges the technology gap between competing wireless power standards, empowering mobile device and accessory OEMs to use a single bill-of-materials to support both standards. Integrated Device Technology Inc (NASDAQ:IDTI) net profit margin is 17.80% and weekly performance is 7.55%. On last trading day company shares ended up $13.53. Analysts mean target price for the company is $13.38. Integrated Device Technology Inc (NASDAQ:IDTI) distance from 50-day simple moving average (SMA50) is 11.91%.
On May 20, ON Semiconductor (NASDAQ:ONNN), driving energy efficient innovations, has introduced a new family of six N-channel Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) that have been designed and optimized to deliver industry leading efficiency compared to existing devices on the market. ON Semiconductor Corp (NASDAQ:ONNN) shares advanced 0.12% in last trading session and ended the day on $8.70. Gross Margin is 34.80% and its return on assets is 5.70%. ON Semiconductor Corp (NASDAQ:ONNN) quarterly performance is -6.45%.
On May 28, QuickLogic Corp. (NASDAQ:QUIK) VP Timothy Saxe unloaded 59,584 shares of QuickLogic Corp. stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $3.79, for a total transaction of $225,823.36. Following the completion of the transaction, the vice president now directly owns 34,906 shares of the company’s stock, valued at approximately $132,294. QuickLogic Corporation (NASDAQ:QUIK) shares moved up 7.13% in last trading session and was closed at $4.36, while trading in range of $4.05- $4.39. QuickLogic Corporation (NASDAQ:QUIK) year to date (YTD) performance is 10.38%.
O May 13, Research analysts at Roth Capital reduced their price objective on shares of Applied Optoelectronics Inc (NASDAQ:AAOI) from $32.00 to $30.00 in a report released on Friday, AR Network reports. The firm currently has a “buy” rating on the stock. Roth Capital’s price objective points to a potential upside of 72.02% from the stock’s previous close. Applied Optoelectronics Inc (NASDAQ:AAOI) ended the last trading day at $21.63. Company weekly volatility is calculated as 5.40% and price to cash ratio as 10.66. Applied Optoelectronics Inc (NASDAQ:AAOI) showed a positive weekly performance of 17.87%.
On May 27, Albuquerque-based EMCORE Corporation (NASDAQ:EMKR) has settled the patent infringement case brought by Nichia Corp. before the U.S. District Court for the Eastern District of Texas. According to a news release issued by EMCORE, the case arose because in November 2011, EMCORE exclusively licensed several of its non-core LED patents to Everlight Electronics Co. Ltd., a Taiwanese LED company. EMCORE Corporation (NASDAQ:EMKR) net profit margin is 1.70% and weekly performance is 15.95%. On last trading day company shares ended up $4.29. Analysts mean target price for the company is $7.25. EMCORE Corporation (NASDAQ:EMKR) distance from 50-day simple moving average (SMA50) is -7.48%.