The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) is a huge mover today! The stock increased 2.23% or $0.6 during the last trading session, reaching $27.56. About 513,671 shares traded. Integrated Device Technology, Inc. (NASDAQ:IDTI) has risen 12.80% since February 9, 2017 and is uptrending. It has underperformed by 3.90% the S&P500.The move comes after 5 months positive chart setup for the $3.66 billion company. It was reported on Feb, 9 by Barchart.com. We have $28.39 PT which if reached, will make NASDAQ:IDTI worth $109.83M more.
Stratasys Ltd. provides three-dimensional printing and additive manufacturing solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. The company has market cap of $1.05 billion. The Company’s 3D printing systems utilize its patented fused deposition modeling (FDM) and inkjet PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content. It currently has negative earnings. The firm offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing.
Lapides Asset Management Llc holds 2.71% of its portfolio in Stratasys Ltd. for 571,500 shares. Arrowmark Colorado Holdings Llc owns 3.51 million shares or 0.92% of their US portfolio. Moreover, Vident Investment Advisory Llc has 0.68% invested in the company for 542,814 shares. The Indiana-based Trust Investment Advisors has invested 0.57% in the stock. Riverbridge Partners Llc, a Minnesota-based fund reported 871,258 shares.
The stock decreased 0.86% or $0.17 during the last trading session, reaching $19.64. About 119,982 shares traded. Stratasys Ltd. (SSYS) has risen 41.74% since February 9, 2017 and is uptrending. It has outperformed by 25.04% the S&P500.
Analysts await Stratasys Ltd. (NASDAQ:SSYS) to report earnings on March, 8. They expect $0.09 earnings per share, 0.00% or $0.00 from last year’s $0.09 per share. SSYS’s profit will be $4.79M for 54.56 P/E if the $0.09 EPS becomes a reality. After $-0.01 actual earnings per share reported by Stratasys Ltd. for the previous quarter, Wall Street now forecasts -1,000.00% EPS growth.
Investors sentiment increased to 1.11 in Q3 2017. Its up 0.03, from 1.08 in 2017Q2. It improved, as 19 investors sold Integrated Device Technology, Inc. shares while 79 reduced holdings. 33 funds opened positions while 76 raised stakes. 133.15 million shares or 5.38% more from 126.35 million shares in 2017Q2 were reported. Prudential Financial holds 91,237 shares or 0% of its portfolio. Moreover, Barclays Pcl has 0% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 110,267 shares. Counselors Of Maryland Ltd Liability accumulated 546,199 shares or 0.74% of the stock. Vaughan Nelson Investment Mngmt L P has invested 0.77% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Teachers Retirement Sys Of The State Of Kentucky holds 0.1% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 311,528 shares. Castleark Llc has 390,540 shares for 0.33% of their portfolio. Guggenheim Cap Limited Liability Company has 244,238 shares for 0.02% of their portfolio. Swiss Comml Bank holds 0.01% or 221,000 shares. Oakbrook Invests Ltd Limited Liability Company reported 0.02% stake. 230,595 are held by Mckinley Capital Ltd Liability Corporation Delaware. Walleye Trading Lc owns 9,659 shares for 0% of their portfolio. Liberty Mutual Asset Management Incorporated holds 0.06% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 44,570 shares. California Public Employees Retirement Sys holds 343,063 shares. Kopp Ltd Llc invested 2.81% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI). San Francisco Sentry Investment Gru (Ca) holds 0.02% or 10,000 shares.
Since August 10, 2017, it had 0 insider purchases, and 6 sales for $3.40 million activity. 20,374 shares were sold by MONTANA MARIO, worth $497,708. 22,778 Integrated Device Technology, Inc. (NASDAQ:IDTI) shares with value of $682,222 were sold by Shepard David. Another trade for 8,417 shares valued at $273,558 was sold by WHITE BRIAN C. $157,555 worth of Integrated Device Technology, Inc. (NASDAQ:IDTI) shares were sold by Chittipeddi Sailesh.
Integrated Device Technology, Inc. designs, develops, makes, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets. The company has market cap of $3.66 billion. It operates in two divisions, Communications; and Computing, Consumer, and Industrial. It currently has negative earnings. The Communications segment offers clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and frequency control solutions.
Among 19 analysts covering Integrated Device (NASDAQ:IDTI), 17 have Buy rating, 1 Sell and 1 Hold. Therefore 89% are positive. Integrated Device had 48 analyst reports since August 4, 2015 according to SRatingsIntel. Craig Hallum maintained the shares of IDTI in report on Wednesday, December 9 with “Buy” rating. The company was maintained on Tuesday, January 30 by Needham. The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) has “Underperform” rating given on Tuesday, August 1 by Bank of America. Summit Redstone Partners upgraded the stock to “Buy” rating in Tuesday, October 31 report. The firm has “Buy” rating by Needham given on Tuesday, October 31. The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) has “Buy” rating given on Friday, September 18 by Bank of America. Loop Capital initiated the stock with “Buy” rating in Tuesday, December 6 report. The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) has “Overweight” rating given on Tuesday, January 30 by KeyBanc Capital Markets. The company was initiated on Thursday, August 18 by JP Morgan. The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) has “Underperform” rating given on Tuesday, October 31 by Bank of America.