Rep. Josh Gottheimer Sells Off Infineon Technologies AG (OTCMKTS:IFNNY) Shares

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Infineon Technologies AG OTCMKTS: IFNNY. In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Infineon Technologies stock on March 13th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.

Infineon Technologies Price Performance

Shares of IFNNY traded up $0.26 during trading hours on Friday, reaching $30.27. 345,215 shares of the company's stock traded hands, compared to its average volume of 508,782. Infineon Technologies AG has a 12 month low of $25.80 and a 12 month high of $41.84. The company has a current ratio of 1.90, a quick ratio of 1.13 and a debt-to-equity ratio of 0.27. The stock has a market cap of $39.53 billion, a PE ratio of 38.81, a price-to-earnings-growth ratio of 2.39 and a beta of 1.86. The firm's 50 day simple moving average is $35.25 and its 200-day simple moving average is $34.05.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last announced its earnings results on Tuesday, February 4th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.10. Infineon Technologies had a net margin of 6.49% and a return on equity of 12.55%. Equities analysts expect that Infineon Technologies AG will post 1.61 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Susquehanna raised Infineon Technologies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 28th.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.