Integrated Device Technology Inc (NASDAQ:IDTI) Big Money Sentiment Improved in 2018 Q1 to 0.99

June 29, 2018 - By Sarah Holford

Integrated Device Technology, Inc. (NASDAQ:IDTI) Corporate Logo

“Big money” Positions

In Q1 2018 Integrated Device Technology Inc (NASDAQ:IDTI) big money sentiment increased to 0.99, SEC.gov filings reveal. So its up 0.16, from 2017Q4’s 0.83. 104 investment professionals increased or started new holdings, while 105 reduced and sold their equity positions in Integrated Device Technology Inc so the sentiment improved. Funds own 123.91 million shares, down from 124.57 million shares in 2017Q4. Funds holding Integrated Device Technology Inc in top 10 changed to 8 from 8 for the same number . 20 Investors Sold All; 85 Reduced Holdings; 70 increased stakes while 34 investment professionals bought stakes.

Significant Integrated Device Technology Inc Shareholders

Trigran Investments Inc. owns 1.82 million shares in Integrated Device Technology Inc as of Q1 2018. As of Q1 2018, 573,979 shares of Integrated Device Technology Inc are owned by Rk Capital Management Llc. Furthermore, Kopp Investment Advisors Llc reported 107,710 shares in Integrated Device Technology Inc equivalent to 3.35% of its fund portfolio. Obermeyer Wood Investment Counsel Lllp revealed 1.09 million shares position in Integrated Device Technology Inc. The Texas-based fund Hodges Capital Management Inc. looks positive on Integrated Device Technology Inc, owning 1.06 million shares.

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 $4.16 billion market cap. It operates in two divisions, Communications; and Computing, Consumer, and Industrial.Last it reported 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.

IDTI reached $32.15 during the last trading session after $0.37 change.Integrated Device Technology, Inc. has volume of 163,920 shares. Since June 29, 2017 IDTI has risen 29.62% and is uptrending. The stock outperformed the S&P 500 by 17.05%.

Earnings report for Integrated Device Technology, Inc. (NASDAQ:IDTI) is anticipated on July, 30., as reported by RTT. The earnings per share diference is $0.10 or 40.00 % up from last years number. Previous year: $0.25; Analysts forcast: $0.35. If the current earnings per share of $0.35 is accurate, IDTI’s profit could be $45.24M. Analysts at Wall Street see Integrated Device Technology, Inc.’s -10.26 % negative EPS growth compared to $0.39 earnings per share for last quarter.

State Teachers Retirement System reported 259,837 shs or 0.02% of all its holdings. Oakworth Cap owns 240 shs or 0% of their US capital. Employees Retirement Association Of Colorado has 21,395 shs. 232,200 were reported by Swiss Comml Bank. Raymond James Fincl Advsr stated it has 8,974 shs. Maryland-based Proshare Advsr Ltd Co has invested 0.01% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Gsa Prtnrs Limited Liability Partnership has 6,964 shs. Natixis Lp holds 0.05% or 179,405 shs in its capital. Ubs Asset Mgmt Americas invested in 443,155 shs. Mutual Of America Mgmt Ltd Liability Co holds 218,921 shs. Moreover, Price T Rowe Assocs Md has 0.02% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI). Maplelane Ltd, New York-based fund reported 1 shs. State Of New Jersey Common Pension Fund D has invested 0.05% of its capital in Integrated Device Technology, Inc. (NASDAQ:IDTI). Geode Cap Mgmt Lc has invested 0.01% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Jpmorgan Chase & Communication stated it has 1.26M shs.

Integrated Device Technology, Inc. had 33 selling transactions and 0 insider buys since January 4, 2018. This’s net activity of $11.91 million. $150,000 worth of Integrated Device Technology, Inc. (NASDAQ:IDTI) was sold by WATERS GREGORY L on Wednesday, May 9. Shares for $163,887 were sold by BRANDALISE MATTHEW D on Tuesday, May 15. $87,290 worth of stock was sold by Allexandre Chris on Thursday, March 15. Chittipeddi Sailesh sold 5,045 shs worth $157,555. WHITE BRIAN C sold $792,098 worth of stock or 23,297 shs. The insider MONTANA MARIO sold $705,210.

Integrated Device Technology, Inc. (NASDAQ:IDTI) Ratings Coverage

Total analysts of 9 have positions in Integrated Device Tech (NASDAQ:IDTI) as follows: 7 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 78%. Since January 17, 2018 according to StockzIntelligence Inc Integrated Device Tech has 11 analyst reports. On Tuesday, June 12 Cowen & Co maintained Integrated Device Technology, Inc. (NASDAQ:IDTI) with “Buy” rating. On Tuesday, January 30 the firm earned “Buy” rating by Craig Hallum. On Tuesday, January 30 the stock has “Buy” rating by Needham. On Tuesday, January 30 the rating was maintained by KeyBanc Capital Markets with “Overweight”. The stock rating was maintained by Susquehanna with “Buy” on Tuesday, January 30. The company rating was upgraded by Barclays Capital on Wednesday, January 17. On Tuesday, May 1 the firm earned “Neutral” rating by Bank of America. On Tuesday, May 1 the firm has “Overweight” rating by JP Morgan given. On Tuesday, May 1 the firm has “Buy” rating given by Needham.

More recent Integrated Device Technology, Inc. (NASDAQ:IDTI) news were posted by Twst.com, Prnewswire.com and Prnewswire.com. The first one has “Interview with the President and CEO: Integrated Device Technology Inc. (NASDAQ:IDTI)” as a title and was posted on June 15, 2018. The next is “IDT Expands its Flagship Integrated VOC Gas Sensor Line With Solutions for Indoor Air Quality Applications” on June 21, 2018. And last was posted on June 01, 2018, called “IDT Announces Successful Repricing of $198 Million of USD Term B Loan With Existing Investors”.

Integrated Device Technology, Inc. (NASDAQ:IDTI) Institutional Investors Chart

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