Do Institutional Investors Hate Pixelworks Inc (NASDAQ:PXLW)?

June 18, 2018 - By Michael Collier

Pixelworks, Inc. (NASDAQ:PXLW) Logo

Sentiment for Pixelworks Inc (NASDAQ:PXLW)

Pixelworks Inc (NASDAQ:PXLW) institutional sentiment decreased to 0.97 in Q1 2018. Its down -0.50, from 1.47 in 2017Q4. The ratio dropped, as 36 investment professionals increased and started new stock positions, while 37 decreased and sold stakes in Pixelworks Inc. The investment professionals in our partner’s database now have: 12.63 million shares, down from 12.74 million shares in 2017Q4. Also, the number of investment professionals holding Pixelworks Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 27 Increased: 25 New Position: 11.

Pixelworks, Inc. designs, develops, and markets video processing semiconductors, intellectual property cores, software, and custom ASIC solutions for digital video applications. The company has market cap of $147.31 million. The Company’s products enable clients to deliver the energy efficient video quality on their devices. It currently has negative earnings. The firm provides video display processor products, including imageprocessor Ics , such as embedded microprocessors, digital signal processing technology, and software that control the activities and signal processing within high-end display systems; and video co-processor ICs that work with an image processor to post-process video signals to enhance the performance or feature set of the overall video solution.

The stock decreased 0.96% or $0.04 during the last trading session, reaching $4.14. About 155,015 shares traded. Pixelworks, Inc. (NASDAQ:PXLW) has declined 18.58% since June 18, 2017 and is downtrending. It has underperformed by 31.15% the S&P500.

Analysts await Pixelworks, Inc. (NASDAQ:PXLW) to report earnings on August, 14. They expect $-0.05 earnings per share, down 171.43 % or $0.12 from last year’s $0.07 per share. After $-0.03 actual earnings per share reported by Pixelworks, Inc. for the previous quarter, Wall Street now forecasts 66.67 % negative EPS growth.

Orca Investment Management Llc holds 1.75% of its portfolio in Pixelworks, Inc. for 396,997 shares. S Squared Technology Llc owns 489,997 shares or 1.62% of their US portfolio. Moreover, Lucus Advisors Llc has 0.33% invested in the company for 49,505 shares. The Wisconsin-based Heartland Advisors Inc has invested 0.32% in the stock. Thompson Davis & Co. Inc., a Virginia-based fund reported 24,369 shares.

Since January 1, 0001, it had 3 buys, and 1 sale for $166,696 activity.

Pixelworks, Inc. (NASDAQ:PXLW) Ratings Coverage

Ratings analysis reveals 100% of Pixelworks’s analysts are positive. Out of 2 Wall Street analysts rating Pixelworks, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $6.5000 while the high is $8.0. The stock’s average target of $7.25 is 75.12% above today’s ($4.14) share price. PXLW was included in 2 notes of analysts from January 2, 2018. The company was initiated on Tuesday, January 2 by Roth Capital. The stock has “Buy” rating by Lake Street on Wednesday, May 30.

More important recent Pixelworks, Inc. (NASDAQ:PXLW) news were published by: Streetinsider.com which released: “Roth Stays Positive on Pixelworks (PXLW), Sees Differentiated Investment Opportunity” on May 24, 2018, also Nasdaq.com published article titled: “Pixelworks to Participate at the ROTH Capital London Conference on June 20”, Globenewswire.com published: “Pixelworks Expands OTA Video Streaming Leadership to Mesh Networking Platforms” on May 30, 2018. More interesting news about Pixelworks, Inc. (NASDAQ:PXLW) was released by: Nasdaq.com and their article: “ASUS Republic of Gamers’ Smartphone First Device to Feature Pixelworks 4th Generation Iris Display Processor” with publication date: June 04, 2018.

Pixelworks, Inc. (NASDAQ:PXLW) Institutional Positions Chart

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