Pixelworks, Inc. (PXLW) recently sold by insider Moore Steven L

Pixelworks, Inc. (NASDAQ:PXLW) marched up 23.46% compared to a 52-week low price of $2.6. The shares were last seen trading -3.02% lower, taking the closing price at $3.21 on 01/10/2019. At recent session, the prices were hovering between $3.16 and $3.33. This company shares are 108.72% off its target price of $6.7 and the current market capitalization stands at $113.99M. The recent change has given its price a -11.86% deficit over SMA 50 and -54.47% deficit over its 52-week high. The stock witnessed -9.07% declines, -26.38% declines and -8.55% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PXLW’s volatility during a week at 5.26% and during a month it has been found around 6.92%.

Pixelworks, Inc. (PXLW) Top Holders

Institutional investors currently hold around $43 million or 35.8% in PXLW stock. Look at its top three institutional owners. Vanguard Group Inc owns $4.39 million in Pixelworks, Inc., which represents roughly 3.85% of the company’s market cap and approximately 10.21% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 1,305,793 shares of the stock are valued at $4.32 million. The third largest holder is Heartland Advisors Inc, which currently holds $4.14 million worth of this stock and that ownership represents nearly 3.63% of its market capitalization.

Pixelworks, Inc. 13F Filings

At the end of September reporting period, 30 institutional holders increased their position in Pixelworks, Inc. (NASDAQ:PXLW) by some 2,822,067 shares, 42 decreased positions by 1,844,949 and 18 held positions by 8,379,760. That puts total institutional holdings at 13,046,776 shares, according to SEC filings. The stock grabbed 7 new institutional investments totaling 851,285 shares while 18 institutional investors sold out their entire positions totaling 732,173 shares.

Pixelworks, Inc. (NASDAQ:PXLW) Insider Trades

Multiple company employees have indulged in significant insider trading. Pixelworks, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP, CFO & Treasurer Moore Steven L has sold 90,000 shares of Pixelworks, Inc. (PXLW) in trading session dated Nov. 30, 2018. These shares are worth $352,800 and were traded at $3.92 each. The SEC filing shows that Tupman David J. performed a sale of 2,500 shares. The Director disposed these shares by way of transaction on May. 11, 2018. The company’s shares were given away at $4.18 per share worth to an income of some $10,450 on account of Tupman David J..

Director, Heneghan Daniel, purchased 20,000 common shares of Pixelworks, Inc. (PXLW) in the open market. In a transaction dated Feb. 23, 2018, the shares were bought at an average price of $4.33, giving away a sum of $86,600. After this purchase, 172,256 common shares of PXLW are directly owned by the insider, with total stake valued at $552,942.

In the transaction dated Feb. 22, 2018, the great number of shares acquired came courtesy the Director; Sanquini Richard L added a total of 20,000 shares at an average price of $4.27, amounting to approximately $85,400. The insider now directly owns 196,634 shares worth $631,195.

Pixelworks, Inc. (PXLW) Analyst Guide

Several analysts have released their opinion on Pixelworks, Inc. (NASDAQ:PXLW), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 4 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.8 average brokerage recommendation.