Haley F. Aman Sells 48,854 Shares of Pixelworks, Inc. (NASDAQ:PXLW) Stock

Pixelworks, Inc. (NASDAQ:PXLW - Get Free Report) CFO Haley F. Aman sold 48,854 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $0.85, for a total value of $41,525.90. Following the completion of the sale, the chief financial officer now owns 352,607 shares of the company's stock, valued at $299,715.95. This trade represents a 12.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pixelworks Price Performance

Shares of PXLW traded down $0.07 during trading hours on Friday, hitting $0.81. 455,613 shares of the stock were exchanged, compared to its average volume of 330,276. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.57 and a current ratio of 4.02. Pixelworks, Inc. has a 12-month low of $0.61 and a 12-month high of $3.08. The company has a market cap of $47.48 million, a price-to-earnings ratio of -1.64 and a beta of 1.65. The stock's 50-day moving average price is $0.79 and its two-hundred day moving average price is $0.76.

Pixelworks (NASDAQ:PXLW - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The semiconductor company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.02. Pixelworks had a negative return on equity of 111.21% and a negative net margin of 66.47%. Research analysts expect that Pixelworks, Inc. will post -0.27 earnings per share for the current year.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a "buy" rating and issued a $1.50 price objective on shares of Pixelworks in a research report on Thursday, February 13th.

Institutional Trading of Pixelworks

Several large investors have recently added to or reduced their stakes in PXLW. Raymond James Financial Inc. acquired a new position in shares of Pixelworks during the 4th quarter valued at about $31,000. GSA Capital Partners LLP acquired a new position in shares of Pixelworks during the 3rd quarter valued at about $91,000. Renaissance Technologies LLC boosted its holdings in Pixelworks by 44.4% in the 4th quarter. Renaissance Technologies LLC now owns 734,348 shares of the semiconductor company's stock valued at $536,000 after purchasing an additional 225,948 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in shares of Pixelworks by 29.3% during the 4th quarter. Baird Financial Group Inc. now owns 4,262,075 shares of the semiconductor company's stock worth $3,109,000 after buying an additional 965,889 shares during the last quarter. 21.37% of the stock is currently owned by hedge funds and other institutional investors.

About Pixelworks

Pixelworks, Inc, together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, home and enterprise, and cinema markets in the United States, Japan, China, Taiwan, Korea, and Europe. The company offers imageprocessor integrated circuits, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems; visual processor integrated circuits that works with a mobile application processor; and transcoder integrated circuits which includes software that control the operations and signal processing for converting multiple bitrates, resolutions and codecs to provide bandwidth efficient video transmissions based on industry standard protocols.