Zulily Inc. (NYSE:ZU) Director Michael Potter sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $35.94, for a total value of $898,500.00. Following the completion of the sale, the director now directly owns 25,000 shares in the company, valued at approximately $898,500. Zulily Inc. (NASDAQ:ZU) net profit margin is -0.40% and weekly performance is 8.35%. On last trading day company shares ended up $35.94. Analysts mean target price for the company is $47.80. Zulily Inc. (NASDAQ:ZU) distance from 50-day simple moving average (SMA50) is -12.41%.
China-based chipmaker Montage Technology Group Ltd. (NASDAQ:MONT) has agreed to be acquired by Chinese state-owned Shanghai Pudong Science and Technology Investment Co. Ltd. or PDSTI for $22.60 per share, the two companies said Wednesday. The deal values Montage’s equity at about $693 million. Montage Technology Group Ltd (NASDAQ:MONT) shares advanced 9.56% in last trading session and ended the day on $21.67. MONT gross Margin is 63.70% and its return on assets is 17.70%.Montage Technology Group Ltd (NASDAQ:MONT) quarterly performance is 2.33%.
As previously disclosed, Derek R. Gray withdrew his candidacy for election to the board of directors of Clean Diesel Technologies, Inc. (NASDAQ:CDTI) at the 2014 annual meeting of stockholders of the Company held on May 21, 2014. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) shares moved up 18.94% in last trading session and was closed at $3.14, while trading in range of $2.54 – $3.24. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) year to date (YTD) performance is 109.33%.
GT Advanced Technologies Inc. (NASDAQ:GTAT) is still waiting on the 4th and final prepayment is received from Apple (AAPL). The delay in the receipt of the final prepayment is believed to be related to the ramp up of equipment of equipment inside the Mesa facility. The sapphire plant is expected to be completed in June, which should coincide with the receipt of the final prepayment from Apple. GT Advanced Technologies Inc. (NASDAQ:GTAT) ended the last trading day at $17.41. Company weekly volatility is calculated as 5.10% and price to cash ratio as 5.84.GT Advanced Technologies Inc. (NASDAQ:GTAT) showed a positive weekly performance of 7.87%.
Technology services company Rambus Inc. (NASDAQ:RMBS) has signed a patent license agreement with Qualcomm Global Trading, a Qualcomm Inc subsidiary. The agreement provides Qualcomm and its subsidiaries with access to innovative patented memory, interface, and security technologies from Rambus. Rambus Inc. (NASDAQ:RMBS) net profit margin is -5.50% and weekly performance is 11.02%. On last trading day company shares ended up $13.00. Analysts mean target price for the company is $13.14. Rambus Inc. (NASDAQ:RMBS) distance from 50-day simple moving average (SMA50) is 10.10%.