Integrated Device Technology Inc 2017 Q4 Big Money Sentiment Better Than Expected, now at 0.83

May 3, 2018 - By Alex Paulin

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

Positions for Integrated Device Technology Inc (NASDAQ:IDTI)

“Big money sentiment for Integrated Device Technology Inc (NASDAQ:IDTI) in 2017 Q4 decreased to 0.83, according to Securities and Exchange Commission filings. That’s down -0.28, from 2017Q3’s 1.11. 98 active investment managers started new or increased stock positions, while 118 sold and trimmed positions in Integrated Device Technology Inc so the sentiment has worsened. Funds own 124.57 million shares, down from 133.15 million shares in 2017Q3. Funds holding Integrated Device Technology Inc in top 10 increased from 5 to 8 for an increase of 3. 24 Investors Sold All; 94 Reduced Holdings; 57 increased stakes while 41 active investment managers bought stakes.

Biggest Integrated Device Technology Inc Investors

As of 2017 Q4 Trigran Investments Inc. has 10.19% invested in Integrated Device Technology Inc. Integrated Device Technology Inc’s shareholder Millrace Asset Group Inc. owns 126,246 shares as of 2017 Q4. Also, Rk Capital Management Llc reported 550,879 shares in Integrated Device Technology Inc equivalent to 3.45% of its US equity exposure. The Minnesota-based fund Kopp Investment Advisors Llc have invested about 3.29% of the active investment manager’s stock portfolio in Integrated Device Technology Inc. The Wisconsin-based fund 1492 Capital Management Llc looks positive on Integrated Device Technology Inc, possessing 93,000 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 firm is worth $3.72 billion. 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 hit $28.13 during the last trading session after $0.52 change.Integrated Device Technology, Inc. has volume of 511,984 shares. Since May 3, 2017 IDTI has risen 30.43% and is uptrending. IDTI outperformed the S&P 500 by 18.88%.

Gsa Prtn Llp accumulated 19,893 shs. Weaver C Barksdale Incorporated invested in 137 shs. Td Asset Inc, a Ontario – Canada-based fund reported 20,100 shs. First Personal holds 1,594 shs or 0.01% of its capital. Hall Laurie J Trustee accumulated 390 shs. Blackrock Inc has 14.95M shs for 0.02% of their capital. Teacher Retirement System Of Texas owns 45,948 shs or 0.01% of their US capital. Cornerstone Hldgs Limited Liability stated it has 0% in Integrated Device Technology, Inc. (NASDAQ:IDTI). State Common Retirement Fund owns 0.01% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 146,300 shs. Illinois-based Koshinski Asset Mgmt has invested 0.08% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Moreover, Great West Life Assurance Co Can has 0.01% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI). Aimz has 0.43% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI). Comerica Natl Bank owns 297,981 shs for 0.06% of their capital. Glenmede Na invested in 1.04M shs or 0.13% of the stock. Millrace Asset Grp reported 3.6% of its capital in Integrated Device Technology, Inc. (NASDAQ:IDTI).

Integrated Device Technology, Inc. had 14 selling transactions and 0 insider purchases since December 14, 2017. This’s net activity of $6.81 million. The insider Allexandre Chris sold $87,290. On Friday, January 19 WHITE BRIAN C had sold 15,583 shs worth $514,239. WATERS GREGORY L sold 15,000 shs worth $452,700. MONTANA MARIO sold $705,210 worth of stock. Another trade for 22,778 shs valued at $682,222 was made by Shepard David on Thursday, December 14.

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

In total 8 analysts cover Integrated Device Tech (NASDAQ:IDTI). “Buy” rating has 6, “Sell” are 0, while 2 are “Hold”. (NASDAQ:IDTI) has 75% bullish analysts. 9 are the (NASDAQ:IDTI)’s ratings reports on 3 May 2018 according to StockzIntelligence Inc. On Tuesday, May 1 Bank of America upgraded the shares of IDTI in report to “Neutral” rating. In Wednesday, January 17 report Barclays Capital upgraded the stock to “Equal-Weight” rating. On Tuesday, January 30 the stock has “Buy” rating by Needham. In Tuesday, May 1 report JP Morgan maintained it with “Overweight” rating and $37 target. On Tuesday, January 30 the stock has “Buy” rating by Craig Hallum. On Tuesday, May 1 the rating was maintained by Needham with “Buy”. On Tuesday, January 30 the rating was maintained by Susquehanna with “Buy”. On Tuesday, January 30 KeyBanc Capital Markets maintained Integrated Device Technology, Inc. (NASDAQ:IDTI) with “Overweight” rating.

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

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