Sigma Designs, Inc. (NASDAQ:SIGM) major shareholder Soros Fund Management Llc bought 32,123 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were bought at an average price of $5.82 per share, for a total transaction of $186,955.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Soros Fund Management Llc also recently made the following trade(s):

  • On Thursday, September 14th, Soros Fund Management Llc bought 65,625 shares of Sigma Designs stock. The shares were bought at an average price of $5.86 per share, for a total transaction of $384,562.50.
  • On Friday, September 8th, Soros Fund Management Llc bought 7,210 shares of Sigma Designs stock. The shares were bought at an average price of $5.83 per share, for a total transaction of $42,034.30.
  • On Tuesday, July 11th, Soros Fund Management Llc bought 44,505 shares of Sigma Designs stock. The shares were bought at an average price of $5.61 per share, for a total transaction of $249,673.05.
  • On Wednesday, July 5th, Soros Fund Management Llc bought 34,356 shares of Sigma Designs stock. The shares were bought at an average price of $5.76 per share, for a total transaction of $197,890.56.
  • On Thursday, July 6th, Soros Fund Management Llc bought 120,673 shares of Sigma Designs stock. The shares were bought at an average price of $5.68 per share, for a total transaction of $685,422.64.
  • On Friday, June 30th, Soros Fund Management Llc bought 50,000 shares of Sigma Designs stock. The shares were bought at an average price of $5.85 per share, for a total transaction of $292,500.00.
  • On Monday, July 3rd, Soros Fund Management Llc bought 293,327 shares of Sigma Designs stock. The shares were bought at an average price of $5.85 per share, for a total transaction of $1,715,962.95.
  • On Thursday, June 29th, Soros Fund Management Llc bought 82,083 shares of Sigma Designs stock. The shares were bought at an average price of $5.85 per share, for a total transaction of $480,185.55.
  • On Friday, June 23rd, Soros Fund Management Llc bought 4,424 shares of Sigma Designs stock. The shares were bought at an average price of $5.85 per share, for a total transaction of $25,880.40.

Sigma Designs, Inc. (NASDAQ SIGM) traded down 1.57% during mid-day trading on Tuesday, reaching $6.25. The company’s stock had a trading volume of 185,102 shares. Sigma Designs, Inc. has a 52-week low of $5.20 and a 52-week high of $8.36. The company’s market cap is $240.72 million. The firm has a 50 day moving average price of $6.21 and a 200 day moving average price of $6.08.

Sigma Designs (NASDAQ:SIGM) last posted its quarterly earnings results on Thursday, September 7th. The semiconductor company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.04). The company had revenue of $39.50 million during the quarter, compared to the consensus estimate of $39.63 million. Sigma Designs had a negative return on equity of 18.73% and a negative net margin of 19.53%. The company’s revenue for the quarter was down 35.6% compared to the same quarter last year. During the same period last year, the firm posted $0.07 EPS. Equities research analysts anticipate that Sigma Designs, Inc. will post ($0.81) earnings per share for the current year.

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Several research firms recently issued reports on SIGM. Robert W. Baird reiterated an “outperform” rating and set a $8.00 target price on shares of Sigma Designs in a report on Wednesday, June 7th. Needham & Company LLC reiterated a “hold” rating on shares of Sigma Designs in a report on Wednesday, June 7th. Finally, Zacks Investment Research upgraded Sigma Designs from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $7.70.

Several large investors have recently bought and sold shares of the stock. Intellectus Partners LLC raised its holdings in shares of Sigma Designs by 16.3% in the 2nd quarter. Intellectus Partners LLC now owns 99,825 shares of the semiconductor company’s stock worth $584,000 after purchasing an additional 14,000 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Sigma Designs by 18.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,550 shares of the semiconductor company’s stock worth $208,000 after purchasing an additional 5,611 shares during the period. State Street Corp raised its holdings in shares of Sigma Designs by 10.4% in the 2nd quarter. State Street Corp now owns 607,081 shares of the semiconductor company’s stock worth $3,553,000 after purchasing an additional 57,300 shares during the period. Voya Investment Management LLC raised its holdings in shares of Sigma Designs by 26.2% in the 2nd quarter. Voya Investment Management LLC now owns 19,735 shares of the semiconductor company’s stock worth $115,000 after purchasing an additional 4,097 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Sigma Designs by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,215,759 shares of the semiconductor company’s stock worth $18,812,000 after purchasing an additional 38,299 shares during the period. 60.98% of the stock is currently owned by institutional investors.

Sigma Designs Company Profile

Sigma Designs, Inc is a provider of global integrated semiconductor solutions. The Company offers media platforms for use in the home entertainment and home control markets. The Company sells its products into markets, including smart television, media connectivity, set-top box and Internet of Things (IoT) devices.

Insider Buying and Selling by Quarter for Sigma Designs (NASDAQ:SIGM)

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