Tag: NASDAQ:ADNC

  • Stock Alert: Semtech Corporation (NASDAQ:SMTC), Silicon Laboratories (NASDAQ:SLAB), Audience Inc (NASDAQ:ADNC), Sequans Communications (NYSE:SQNS)

    Semtech Corp. (NASDAQ:SMTC) CFO Emeka Chukwu sold 2,500 shares of Semtech Corp. stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of $23.79, for a total transaction of $59,475.00. Following the completion of the sale, the chief financial officer now directly owns 54,807 shares in the company, valued at approximately $1,303,859. Semtech Corporation(NASDAQ:SMTC) shares after opening at $23.37 moved to $23.34 on last trade day and at the end of the day closed at $23.37. Company price to sales ratio in past twelve months was calculated as 2.65 and price to cash ratio as 6.48. Semtech Corporation (NASDAQ:SMTC) showed a negative weekly performance of -3.63%.

    Silicon Laboratories (NASDAQ:SLAB) SVP Jonathan Ivester unloaded 2,000 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $45.25, for a total value of $90,500.00. Following the sale, the senior vice president now directly owns 89,987 shares in the company, valued at approximately $4,071,912. Silicon Laboratories (NASDAQ:SLAB) shares advanced 0.97% in last trading session and ended the day on $44.65. SLAB return on equity ratio is recorded as 3.90% and its return on assets is 5.10%. Silicon Laboratories (NASDAQ:SLAB) yearly performance is 13.24%.

    Audience (NASDAQ:ADNC) issued its quarterly earnings data on Thursday. The company reported ($0.15) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.18) by $0.03, Analyst Ratings News reports. The company had revenue of $36.08 million for the quarter, compared to the consensus estimate of $34.75 million. During the same quarter last year, the company posted $0.27 earnings per share. Audience’s revenue was down 23.6% compared to the same quarter last year. Audience updated its Q2 guidance to ($0.14)-(0.10) EPS. Audience Inc(NASDAQ:ADNC) shares moved up 4.51% in last trading session and was closed at $12.05, while trading in range of $ 11.36 – 12.29. Audience Inc (NASDAQ:ADNC) year to date (YTD) performance is 7668%.

    Sequans Communications SA ADR (NYSE:SQNS) reported first quarter revenue that disappointed the analysts and second quarter guidance also fell short of expectations. The company posted loss of 13 cents a share, which was in line with the Capital IQ consensus estimate. Revenues increased 96% year over year to $4.5 million but still came up short of analysts’ estimate of $5 million. Sequans Communications SA ADR(NYSE:SQNS) weekly performance is -12.23%. On last trading day company shares ended up $1.65. Sequans Communications SA ADR(NYSE:SQNS) distance from 50-day simple moving average (SMA50) is -38.46%. Analysts mean target price for the company is $4.00.