UBS Group AG Boosts Stake in Exar Co. (NYSE:EXAR)
UBS Group AG boosted its stake in Exar Co. (NYSE:EXAR) by 0.9% during the first quarter, Holdings Channel reports. The fund owned 10,995 shares of the semiconductor company’s stock after buying an additional 102 shares during the period. UBS Group AG’s holdings in Exar were worth $143,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its position in shares of Exar by 16.7% in the first quarter. BNP Paribas Arbitrage SA now owns 8,257 shares of the semiconductor company’s stock worth $107,000 after buying an additional 1,181 shares in the last quarter. Mason Street Advisors LLC raised its position in shares of Exar by 8.6% in the first quarter. Mason Street Advisors LLC now owns 9,996 shares of the semiconductor company’s stock worth $130,000 after buying an additional 791 shares in the last quarter. UBS Asset Management Americas Inc. bought a new position in shares of Exar during the first quarter worth approximately $134,000. Karp Capital Management Corp bought a new position in shares of Exar during the first quarter worth approximately $186,000. Finally, Strs Ohio bought a new position in shares of Exar during the first quarter worth approximately $208,000. 78.84% of the stock is currently owned by institutional investors.
Shares of Exar Co. (NYSE EXAR) remained flat at $12.99 on Friday. 52 shares of the stock traded hands. The firm’s 50 day moving average is $12.99 and its 200 day moving average is $11.71. Exar Co. has a 1-year low of $7.46 and a 1-year high of $13.05.
Separately, B. Riley reissued a “neutral” rating and set a $13.00 price objective on shares of Exar in a report on Friday, May 19th.
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.
Want to see what other hedge funds are holding EXAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exar Co. (NYSE:EXAR).
Receive News & Ratings for Exar Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exar Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.