Boothbay Fund Management LLC Acquires New Stake in Xcerra Corp (XCRA)
Boothbay Fund Management LLC acquired a new position in Xcerra Corp (NASDAQ:XCRA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 360,628 shares of the semiconductor company’s stock, valued at approximately $3,552,000. Boothbay Fund Management LLC owned approximately 0.66% of Xcerra as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. acquired a new stake in shares of Xcerra in the second quarter worth $106,000. Sii Investments Inc. WI acquired a new stake in Xcerra during the 3rd quarter valued at $109,000. Balyasny Asset Management LLC grew its holdings in Xcerra by 6.5% during the 2nd quarter. Balyasny Asset Management LLC now owns 14,341 shares of the semiconductor company’s stock valued at $140,000 after purchasing an additional 870 shares in the last quarter. KCG Holdings Inc. grew its holdings in Xcerra by 30.8% during the 1st quarter. KCG Holdings Inc. now owns 16,032 shares of the semiconductor company’s stock valued at $143,000 after purchasing an additional 3,774 shares in the last quarter. Finally, LMR Partners LLP acquired a new stake in Xcerra during the 3rd quarter valued at $144,000. 84.56% of the stock is owned by institutional investors.
A number of equities research analysts recently weighed in on XCRA shares. Zacks Investment Research lowered shares of Xcerra from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 1st. B. Riley reaffirmed a “neutral” rating and set a $10.25 price target on shares of Xcerra in a report on Monday, August 28th. Needham & Company LLC reaffirmed a “hold” rating on shares of Xcerra in a report on Friday, September 1st. Finally, ValuEngine raised shares of Xcerra from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.40.
Xcerra Corp (XCRA) opened at $9.91 on Thursday. The firm has a market cap of $538.91, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.63 and a beta of 1.58. The company has a current ratio of 3.61, a quick ratio of 2.78 and a debt-to-equity ratio of 0.06. Xcerra Corp has a fifty-two week low of $6.67 and a fifty-two week high of $10.15.
Xcerra (NASDAQ:XCRA) last announced its quarterly earnings data on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.14. The company had revenue of $120.29 million during the quarter, compared to analyst estimates of $108.30 million. Xcerra had a net margin of 9.30% and a return on equity of 15.06%. sell-side analysts predict that Xcerra Corp will post 0.97 earnings per share for the current year.
In other Xcerra news, VP Pascal Ronde sold 50,000 shares of the firm’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $9.74, for a total transaction of $487,000.00. Following the completion of the transaction, the vice president now directly owns 317,250 shares of the company’s stock, valued at approximately $3,090,015. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.60% of the stock is owned by company insiders.
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Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.
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