Tag: Fabless semiconductor companies

Blackrock Inc increased its stake in Finisar Corp (FNSR) by 0.6% based on its latest 2019Q2 regulatory filing with the SEC. Blackrock Inc bought 107,524 shares as the company’s stock declined 0.04% . The institutional investor held 18.11 million shares of the semiconductors company at the end of 2019Q2, valued at $414.14 million, up from 18.00 million at the end of the previous reported quarter. Blackrock Inc who had been investing in Finisar Corp for a number of months, seems to be bullish on the $2.76B market cap company. The stock decreased 1.33% or $0.31 during the last trading session, reaching $22.98. About 1.16 million shares traded. Finisar Corporation (NASDAQ:FNSR) has risen 39.73% since September 15, 2018 and is uptrending. It has outperformed by 39.73% the S&P500. Some Historical FNSR News: 08/03/2018 – Finisar 3Q Adj EPS 20c; 08/03/2018 – FINISAR SEES 4Q ADJ EPS 9.0C TO 15C, EST. 21.3C; 08/03/2018 – Finisar 3Q Loss/Shr 49c; 08/03/2018 – FINISAR CORP QTRLY SHR LOSS $0.49; 13/03/2018 – Finisar Introduces Industry’s First 400G QSFP-DD Active Optical Cable and Transceivers for Switching and Routing Applications; 05/04/2018 – CAFC: FINISAR CORPORATION v. NISTICA, INC. [RULE 36 JUDGMENT] – Appeal #17-1649 – 2018-04-05; 15/03/2018 – Finisar Closes Below 50-Day Moving Average: Technicals; 09/03/2018 – Tech Today: Netflix’s Halo, Finisar’s Dismal Report, Big Blue’s View — Barron’s Blog; 08/03/2018 – Finisar Sees 4Q Rev $300M-$320M; 13/03/2018 – Finisar Introduces Industry’s Smallest Coherent Optical Assembly for High-Density Line Card and Transceiver Designs at OFC 20

Osher Van De Voorde Investment Management decreased its stake in Qualcomm Inc (QCOM) by 26.17% based on its latest 2019Q2 regulatory filing with the SEC. Osher Van De Voorde Investment Management sold 41,262 shares as the company’s stock declined 15.29% . The institutional investor held 116,404 shares of the radio and television broadcasting and communications equipment company at the end of 2019Q2, valued at $8.86 million, down from 157,666 at the end of the previous reported quarter. Osher Van De Voorde Investment Management who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $95.32B market cap company. The stock decreased 0.85% or $0.67 during the last trading session, reaching $78.41. About 5.34 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 17.92% since September 15, 2018 and is uptrending. It has outperformed by 17.92% the S&P500. Some Historical QCOM News: 29/03/2018 – Tsinghua Unigroup postpones mobile chip unit IPO; 14/03/2018 – Singapore-based Broadcom Ltd is planning to scrap its bid for Qualcomm Inc, after U.S; 08/05/2018 – Australian Gov: WIPO PUBLISHES PATENT OF QUALCOMM FOR “SOURCE FOLLOWER BASED ENVELOPE TRACKING FOR POWER AMPLIFIER BIASING”; 14/03/2018 – Trump’s decision to block Broadcom’s attempt to acquire Qualcomm will deter companies from looking for growth beyond national borders, experts say; 12/03/2018 – US turns up heat on Broadcom over relocation aspect of Qualcomm battle; 02/04/2018 – Qualcomm Extends NXP Tender Offer to April 6; 16/03/2018 – Qualcomm’s Former Chairman Said to Explore Taking Company Private; 09/03/2018 – Broadcom: ‘Any Notion That a Combined Broadcom-Qualcomm Would Slash Funding or Cede Leadership in 5G Is Completely Unfounded’; 06/03/2018 – Qualcomm, Huawei in Talks to Settle Patent-Royalty Dispute; 25/04/2018 – QUALCOMM SAID CHINA SELL-THROUGH OF SMARTPHONES HAS BEEN OK

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Notable ETF Inflow Detected – QQQ, TXN, QCOM, MU – Nasdaq” on August 21, 2019, also Nasdaq.com with their article: “Will Lower Revenues Hurt Qualcomm’s (QCOM) Q3 Earnings? – Nasdaq” published on July 29, 2019, Nasdaq.com published: “Here’s Where You Buy Qualcomm Stock – Nasdaq” on July 03, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “QUALCOMM Incorporated (QCOM) Ex-Dividend Date Scheduled for June 05, 2019 – Nasdaq” published on June 04, 2019 as well as Seekingalpha.com‘s news article titled: “Qualcomm bringing 5G to lower-cost phones – Seeking Alpha” with publication date: September 06, 2019.

Osher Van De Voorde Investment Management, which manages about $219.15 million and $242.14M US Long portfolio, upped its stake in Alphabet Inc. by 7,296 shares to 7,496 shares, valued at $8.12 million in 2019Q2, according to the filing.

Investors sentiment increased to 0.85 in 2019 Q2. Its up 0.08, from 0.77 in 2019Q1. It is positive, as 66 investors sold QCOM shares while 468 reduced holdings. 172 funds opened positions while 281 raised stakes. 927.97 million shares or 2.98% more from 901.11 million shares in 2019Q1 were reported. Hamlin Cap Mngmt Ltd Liability Corp holds 2.88% or 880,469 shares. Adell Harriman And Carpenter has 62,255 shares for 0% of their portfolio. Keystone Planning has invested 1.31% in QUALCOMM Incorporated (NASDAQ:QCOM). Hbk Sorce Advisory Lc holds 18,628 shares or 0.21% of its portfolio. Argent Tru, a Tennessee-based fund reported 47,609 shares. Art Advsr Ltd Com holds 0.15% or 35,500 shares. Hallmark invested in 2,680 shares. Fosun International Limited invested 0.11% in QUALCOMM Incorporated (NASDAQ:QCOM). Manufacturers Life Ins The accumulated 1.13M shares. F&V Cap Management owns 3,920 shares or 0.18% of their US portfolio. Bamco reported 4,000 shares or 0% of all its holdings. Blue Chip Prns, Michigan-based fund reported 21,839 shares. American Grp Incorporated Incorporated holds 0.16% or 522,885 shares in its portfolio. Roosevelt Investment Group Incorporated reported 0.08% stake. Altfest L J & Communications Incorporated has invested 0.18% in QUALCOMM Incorporated (NASDAQ:QCOM).

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on November, 6. They expect $0.55 EPS, down 27.63% or $0.21 from last year’s $0.76 per share. QCOM’s profit will be $668.61 million for 35.64 P/E if the $0.55 EPS becomes a reality. After $0.64 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -14.06% negative EPS growth.

More notable recent Finisar Corporation (NASDAQ:FNSR) news were published by: Nasdaq.com which released: “Telecom Stock Roundup: Sprint Boosts Video Analytics, AT&T’s Content Deal & More – Nasdaq” on September 05, 2019, also Nasdaq.com with their article: “Finisar Introduces L-band High Resolution Optical Spectrum Analyzer for R&D and Manufacturing Applications – Nasdaq” published on September 03, 2019, Seekingalpha.com published: “Finisar EPS misses by $0.02, misses on revenue – Seeking Alpha” on September 04, 2019. More interesting news about Finisar Corporation (NASDAQ:FNSR) were released by: Nasdaq.com and their article: “3 Top Augmented Reality Stocks to Buy Right Now – Nasdaq” published on August 27, 2019 as well as Seekingalpha.com‘s news article titled: “Why I’m Fading The Finisar Deal For Now – Seeking Alpha” with publication date: September 05, 2019.

Blackrock Inc, which manages about $2337.62B US Long portfolio, decreased its stake in Plains Gp Hldgs LP by 180,751 shares to 1.80 million shares, valued at $45.06M in 2019Q2, according to the filing. It also reduced its holding in Taylor Morrison Home Corp (NYSE:TMHC) by 565,096 shares in the quarter, leaving it with 9.46M shares, and cut its stake in Bank New York Mellon Corp (NYSE:BK).

Investors sentiment decreased to 0.83 in Q2 2019. Its down 0.15, from 0.98 in 2019Q1. It dropped, as 29 investors sold FNSR shares while 49 reduced holdings. 15 funds opened positions while 50 raised stakes. 107.79 million shares or 13.16% less from 124.12 million shares in 2019Q1 were reported. Intl Gp Inc has 0.01% invested in Finisar Corporation (NASDAQ:FNSR) for 88,319 shares. Highvista Strategies Limited Liability Corp holds 1.53% of its portfolio in Finisar Corporation (NASDAQ:FNSR) for 130,661 shares. Utd Automobile Association accumulated 142,117 shares or 0.01% of the stock. Charles Schwab Invest Mngmt has invested 0.01% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Swiss State Bank holds 0.01% or 214,000 shares. Thrivent Financial For Lutherans has 0.01% invested in Finisar Corporation (NASDAQ:FNSR) for 92,497 shares. State Of Tennessee Treasury Department stated it has 0.01% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Arizona State Retirement invested in 182,893 shares. Sheets Smith Wealth Mngmt accumulated 10,475 shares. Pub Employees Retirement Of Ohio owns 4,938 shares or 0% of their US portfolio. 247,998 are held by Havens Lc. Aqr Capital Mngmt Lc reported 162,921 shares. Alpine Mngmt Inc owns 5.63 million shares for 3.78% of their portfolio. Paradigm Cap New York accumulated 0.99% or 474,200 shares. Grantham Mayo Van Otterloo & Communications Ltd Liability Corporation invested in 0.08% or 467,120 shares.