Pixelworks Inc (NASDAQ: PXLW) is -47.21% lower on its value in year-to-date trading and has touched a low of $0.68 and a high of $3.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PXLW stock was last observed hovering at around $0.69 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.69, the stock is -11.57% and -23.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 0.63% at the moment leaves the stock -54.80% off its SMA200. PXLW registered -46.39% loss for a year compared to 6-month loss of -75.39%.
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The stock witnessed a -26.29% gain in the last 1 month and extending the period to 3 months gives it a -35.36%, and is -6.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.82% over the week and 5.40% over the month.
Pixelworks Inc (PXLW) has around 239 employees, a market worth around $40.49M and $60.70M in sales. Profit margin for the company is -42.77%. Distance from 52-week low is 2.01% and -77.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-716.68%).
with sales reaching $9.5M over the same period.The EPS is expected to shrink by -13.16% this year, but quarterly earnings will post -25.80% year-over-year. Quarterly sales are estimated to shrink -40.70% in year-over-year returns.
Pixelworks Inc (PXLW) Top Institutional Holders
57.0 institutions hold shares in Pixelworks Inc (PXLW), with institutional investors hold 25.83% of the company’s shares. The shares outstanding are 57.13M, and float is at 54.71M with Short Float at 0.65%. Institutions hold 23.20% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.28 million shares valued at $3.23 million. The investor’s holdings represent 5.7095% of the PXLW Shares outstanding. As of 2024-06-30, the second largest holder is BAIRD FINANCIAL GROUP, INC. with 2.95 million shares valued at $$2.9 million to account for 5.1306 of the shares outstanding. The other top investors are UBS GROUP AG which holds 1.32 million shares representing 2.3051% and valued at over $1.3 million, while ACADIAN ASSET MANAGEMENT LLC holds 2.2775 of the shares totaling 1.31 million with a market value of $1.29 million.
Pixelworks Inc (PXLW) Insider Activity
The most recent transaction is an insider sale by Aman Haley F,the company’sChief Financial Officer. SEC filings show that Aman Haley F sold 5,269 shares of the company’s common stock on Aug 20 ’24 at a price of $0.77 per share for a total of $4075.0. Following the sale, the insider now owns 0.4 million shares.
Pixelworks Inc disclosed in a document filed with the SEC on Aug 20 ’24 that DEBONIS TODD (President and CEO) sold a total of 24,039 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $0.77 per share for $18592.0. Following the transaction, the insider now directly holds 1.74 million shares of the PXLW stock.
Still, SEC filings show that on May 17 ’24, Aman Haley F (Chief Financial Officer) disposed off 5,443 shares at an average price of $1.15 for $6237.0. The insider now directly holds 402,530 shares of Pixelworks Inc (PXLW).
