Vanguard Group Inc. Purchases 187,599 Shares of Exar Co. (EXAR)
Vanguard Group Inc. boosted its position in shares of Exar Co. (NYSE:EXAR) by 8.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,496,401 shares of the semiconductor company’s stock after buying an additional 187,599 shares during the period. Vanguard Group Inc.’s holdings in Exar were worth $32,478,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BNP Paribas Arbitrage SA raised its position in Exar by 16.7% in the first quarter. BNP Paribas Arbitrage SA now owns 8,257 shares of the semiconductor company’s stock valued at $107,000 after buying an additional 1,181 shares in the last quarter. Mason Street Advisors LLC raised its position in Exar by 8.6% in the first quarter. Mason Street Advisors LLC now owns 9,996 shares of the semiconductor company’s stock valued at $130,000 after buying an additional 791 shares in the last quarter. UBS Asset Management Americas Inc. bought a new position in Exar during the first quarter valued at about $134,000. Karp Capital Management Corp bought a new position in Exar during the first quarter valued at about $186,000. Finally, Strs Ohio bought a new position in Exar during the first quarter valued at about $208,000. Hedge funds and other institutional investors own 78.84% of the company’s stock.
Exar Co. (EXAR) remained flat at $12.99 on Wednesday. The company’s stock had a trading volume of 52 shares. The firm’s 50-day moving average price is $12.99 and its 200 day moving average price is $11.71. Exar Co. has a 1-year low of $7.46 and a 1-year high of $13.05.
Separately, B. Riley restated a “neutral” rating and issued a $13.00 price target on shares of Exar in a research report on Friday, May 19th.
Exar Company Profile
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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