Hirschman Orin Declares Ownership of 9.4% Stake in MoSys, Inc. (MOSY)
recently revealed that they own a 9.4% stake in MoSys, Inc. (NASDAQ:MOSY) in a Schedule 13G disclosure that was filed with the SEC on Wednesday, November 22nd. The investor owns 750,010 shares of the stock valued at about $1,072,514. The reporting parties listed on the disclosure included AIGH Investment Partners, LP, AIGH Investment Partners, LLC and Orin Hirschman. The filing is available through the SEC website at this link.
Separately, Susquehanna International Group LLP bought a new position in MoSys during the second quarter valued at approximately $283,000. Hedge funds and other institutional investors own 17.82% of the company’s stock.
Separately, Benchmark Co. upgraded shares of MoSys from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th.
Shares of MoSys, Inc. (NASDAQ:MOSY) traded up $0.15 during trading on Wednesday, reaching $1.43. 2,046,300 shares of the company were exchanged, compared to its average volume of 861,524. MoSys, Inc. has a 12 month low of $0.55 and a 12 month high of $5.00.
MoSys (NASDAQ:MOSY) last issued its quarterly earnings data on Monday, November 13th. The semiconductor producer reported ($0.18) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.48) by $0.30. MoSys had a negative net margin of 383.73% and a negative return on equity of 131.45%. The company had revenue of $2.45 million for the quarter.
MoSys, Inc (MoSys), together with its subsidiaries, is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs) for the high-speed networking, communications, storage and computing markets. The Company has developed approximately two IC product lines under the Bandwidth Engine and LineSpeed product names.
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