Xcerra Corp (NASDAQ:XCRA) VP Pascal Ronde sold 30,000 shares of Xcerra stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $9.96, for a total value of $298,800.00. Following the transaction, the vice president now directly owns 277,250 shares in the company, valued at approximately $2,761,410. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Xcerra Corp (XCRA) opened at $10.02 on Thursday. The stock has a market capitalization of $549.37, a P/E ratio of 13.92, a P/E/G ratio of 0.86 and a beta of 1.59. The company has a current ratio of 4.27, a quick ratio of 3.23 and a debt-to-equity ratio of 0.05. Xcerra Corp has a 1 year low of $7.21 and a 1 year high of $10.15.
Xcerra (NASDAQ:XCRA) last announced its earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.14. The company had revenue of $120.29 million for the quarter, compared to analysts’ expectations of $108.30 million. Xcerra had a return on equity of 14.63% and a net margin of 9.30%. research analysts forecast that Xcerra Corp will post 0.97 EPS for the current year.
Several brokerages recently issued reports on XCRA. Zacks Investment Research raised Xcerra from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research report on Saturday, December 2nd. BidaskClub cut Xcerra from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. Finally, ValuEngine raised Xcerra from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $10.40.
Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Xcerra by 3.2% during the second quarter. Vanguard Group Inc. now owns 2,564,821 shares of the semiconductor company’s stock worth $25,057,000 after acquiring an additional 79,201 shares during the period. Alps Advisors Inc. bought a new stake in Xcerra during the third quarter worth $471,000. First Trust Advisors LP bought a new stake in Xcerra during the third quarter worth $422,000. Boothbay Fund Management LLC bought a new stake in Xcerra during the third quarter worth $3,552,000. Finally, Citigroup Inc. lifted its holdings in Xcerra by 173.3% during the second quarter. Citigroup Inc. now owns 46,708 shares of the semiconductor company’s stock worth $456,000 after acquiring an additional 29,618 shares during the period. 84.25% of the stock is currently owned by institutional investors.
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Xcerra Company Profile
Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.
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