Xcerra Corp (XCRA) VP Sells $298,800.00 in Stock

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.

COPYRIGHT VIOLATION WARNING: “Xcerra Corp (XCRA) VP Sells $298,800.00 in Stock” was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://ledgergazette.com/2018/01/11/xcerra-corp-xcra-vp-sells-298800-00-in-stock.html.

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.

Receive News & Ratings for Xcerra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcerra and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply