Gabelli Funds LLC raised its stake in Xcerra Corp (NASDAQ:XCRA) by 83.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 232,040 shares of the semiconductor company’s stock after buying an additional 105,529 shares during the quarter. Gabelli Funds LLC’s holdings in Xcerra were worth $2,272,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Paulson & CO. Inc. purchased a new position in shares of Xcerra during the 2nd quarter worth approximately $24,655,000. Alpine Associates Management Inc. increased its stake in shares of Xcerra by 46.5% during the 3rd quarter. Alpine Associates Management Inc. now owns 2,493,716 shares of the semiconductor company’s stock worth $24,564,000 after purchasing an additional 792,100 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Xcerra by 783.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 701,940 shares of the semiconductor company’s stock worth $6,858,000 after purchasing an additional 622,458 shares in the last quarter. State of Wisconsin Investment Board increased its stake in shares of Xcerra by 284.7% during the 3rd quarter. State of Wisconsin Investment Board now owns 630,195 shares of the semiconductor company’s stock worth $6,207,000 after purchasing an additional 466,377 shares in the last quarter. Finally, Boothbay Fund Management LLC purchased a new position in shares of Xcerra during the 3rd quarter worth approximately $3,552,000. 85.32% of the stock is owned by institutional investors.

In related news, VP Pascal Ronde sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $9.96, for a total transaction of $298,800.00. Following the sale, the vice president now owns 277,250 shares in the company, valued at $2,761,410. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by company insiders.

A number of brokerages have recently weighed in on XCRA. BidaskClub raised shares of Xcerra from a “strong sell” rating to a “sell” rating in a research note on Monday, February 5th. ValuEngine raised shares of Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research cut shares of Xcerra from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a strong buy rating to the company. Xcerra has an average rating of “Hold” and a consensus price target of $10.40.

Shares of Xcerra Corp (NASDAQ:XCRA) opened at $9.84 on Wednesday. Xcerra Corp has a 1 year low of $7.38 and a 1 year high of $10.15. The stock has a market cap of $540.04, a P/E ratio of 13.67, a P/E/G ratio of 0.83 and a beta of 1.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.23 and a current ratio of 4.27.

Xcerra (NASDAQ:XCRA) last announced its earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.14. Xcerra had a net margin of 9.30% and a return on equity of 14.63%. The firm had revenue of $120.29 million for the quarter, compared to analyst estimates of $108.30 million. analysts forecast that Xcerra Corp will post 0.97 EPS for the current year.

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About Xcerra

Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.

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Institutional Ownership by Quarter for Xcerra (NASDAQ:XCRA)

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