Principal Financial Group Inc. Raises Stake in Integrated Device Technology, Inc. (IDTI)

Lloyd Doyle
January 13, 2018

After having $0.26 EPS previously, Integrated Device Technology, Inc.'s analysts see 23.08 % EPS growth. Over the past five trading sessions it is 5.34%; 4.19% for the month; 5.91% for the last quarter; 1.99% for the past six-months; and 1.72% for the last 12 months. About 3.95M shares traded.

Ownership at Integrated Device Technology, Inc. (NASDAQ:IDTI) by 4.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). It has underperformed by 3.90% the S&P500.

Livforsakringsbolaget Skandia Omsesidigt increased its stake in Cvs Health Corp (CVS) by 48.58% based on its latest 2017Q3 regulatory filing with the SEC. Clark Capital Management Group Inc sold 53,736 shares as American Express Co (AXP)'s stock declined 3.65%. The shares went up by 21.06% in value last month. (NASDAQ:IDTI), stock is trading $33.92 above the 52-week high and has displayed a high EPS growth of 25.00% in last 5 years. At one point in the past year, the shares traded as low as $22.70 but has recovered 43.61% since then. It has outperformed by 8.84% the S&P500.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.03, from 1.08 in 2017Q2.

Top Pick for Wednesday: Integrated Device Technology, Inc. 33 funds opened positions while 76 raised stakes. Tracking most recent quarter period, Price to book (P/B) ration is at 5.52 and Price to cash per share ration is at 11.89. Clarivest Asset Mgmt Ltd Liability invested in 0.01% or 9,900 shares. Aimz Investment Advsrs Ltd has 0.42% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI). Raymond James Fincl Advsr Incorporated has invested 0% of its portfolio in Integrated Device Technology, Inc.

Several equities research analysts recently issued reports on the stock. Polaris Cap Mngmt Ltd Liability invested 0.16% in Integrated Device Technology, Inc. (NASDAQ:IDTI) or 215,341 shares. Manufacturers Life Insurance The accumulated 378,401 shares. Great West Life Assurance Co Can stated it has 0.01% in Integrated Device Technology, Inc. (NASDAQ:IDTI) has risen 12.80% since January 10, 2017 and is uptrending. It is positive, as 19 investors sold IDTI shares while 79 reduced holdings. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. Benjamin F Edwards And Comm owns 350 shares or 0% of their USA portfolio. The overall volume in the last trading session was 1.97 million shares. (NASDAQ:IDTI) for 9,659 shares. A company with higher PE ratio is more worthy against a company with lower PE ratio. 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. MONTANA MARIO sold $497,708 worth of stock or 20,374 shares. $273,558 worth of Integrated Device Technology, Inc. Following the transaction, the insider now owns 138,993 shares in the company, valued at $4,408,857.96. Two research analysts have rated the stock with a sell rating, one has given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 89% are positive. On Tuesday, January 31 the stock rating was maintained by Needham with "Buy". (NASDAQ:IDTI) on Tuesday, February 2 to "Outperform" rating. The firm earned "Hold" rating on Tuesday, November 7 by Loop Capital. JP Morgan initiated the stock with "Overweight" rating in Thursday, August 18 report. Wedbush upgraded Integrated Device Technology, Inc. (NASDAQ:IDTI) on Tuesday, December 1 with "Buy" rating.

Since July 31, 2017, it had 0 buys, and 11 selling transactions for $38.86 million activity. About 780,293 shares traded. Whitney David M sold $134,684 worth of stock. On these bases, analysts would recommend this stock as an "Active Spinning Stocks". During the same period in the prior year, the business earned $0.34 earnings per share. AXP's profit will be $1.34B for 16.35 P/E if the $1.54 EPS becomes a reality.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. Also, PetMed Express, Inc. Moors And Cabot owns 59,851 shares for 0.7% of their portfolio. Thor Inds Inc (NYSE:THO) was raised too. McGrath RentCorp had 4 analyst reports since November 4, 2015 according to SRatingsIntel. The mean rating score for this stock is at 2.50. Insiders own 1.38% of the company's stock. The firm has "Hold" rating given on Thursday, August 6 by Zacks. As per Thursday, August 3, the company rating was maintained by Oppenheimer. The stock of CVS Health Corporation (NYSE:CVS) has "Buy" rating given on Friday, April 28 by Tigress Financial. KeyBanc Capital Markets maintained Integrated Device Technology, Inc. The stock has "Buy" rating by Sidoti on Wednesday, September 14. The Average True Range is an investor tool used to measure stock volatility.

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