Morgan Stanley increased its stake in shares of Exar Co. (NYSE:EXAR) by 208.9% during the first quarter, Holdings Channel reports. The institutional investor owned 376,309 shares of the semiconductor company’s stock after buying an additional 254,468 shares during the period. Morgan Stanley’s holdings in Exar were worth $4,895,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in EXAR. State Street Corp increased its position in Exar by 13.1% in the fourth quarter. State Street Corp now owns 891,666 shares of the semiconductor company’s stock valued at $9,609,000 after buying an additional 103,141 shares during the period. Thrivent Financial for Lutherans increased its position in Exar by 7.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 22,770 shares of the semiconductor company’s stock valued at $245,000 after buying an additional 1,530 shares during the period. Teachers Advisors LLC increased its position in Exar by 4.2% in the fourth quarter. Teachers Advisors LLC now owns 68,372 shares of the semiconductor company’s stock valued at $737,000 after buying an additional 2,742 shares during the period. Louisiana State Employees Retirement System increased its position in Exar by 3.0% in the first quarter. Louisiana State Employees Retirement System now owns 17,400 shares of the semiconductor company’s stock valued at $226,000 after buying an additional 500 shares during the period. Finally, Boston Advisors LLC acquired a new position in Exar during the first quarter valued at $548,000. Hedge funds and other institutional investors own 78.84% of the company’s stock.

Exar Co. (NYSE:EXAR) remained flat at $12.99 during trading on Thursday. The stock had a trading volume of 52 shares. Exar Co. has a 12-month low of $7.46 and a 12-month high of $13.05. The company has a 50 day moving average price of $12.99 and a 200 day moving average price of $11.71.

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Separately, B. Riley reiterated a “neutral” rating and set a $13.00 target price on shares of Exar in a research report on Sunday, May 14th.

About Exar

Exar Corporation (Exar) designs, develops and markets analog mixed-signal integrated circuits (ICs) and sub-system solutions. The Company’s products are deployed in a range of applications, such as industrial, instrumentation and medical equipment, networking and telecommunication systems, servers, enterprise storage systems, flat panel displays, light emitting diode (LED) lighting solutions, set top boxes and digital video recorders.

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Institutional Ownership by Quarter for Exar (NYSE:EXAR)

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