How These Semiconductor Stocks are Faring? -- Cavium, STMicroelectronics, Intersil, and NeoPhotonics

Sep 07, 2016, 07:55 ET from Chelmsford Park SA

NEW YORK, September 7, 2016 /PRNewswire/ --

Companies in the Broad Line Semiconductor industry serve as drivers and enablers of technological progresses, as well as influence how people work and communicate. The segment remains challenged by the slump in global PC shipments, which are expected to decline by 73% YOY. Several stocks, however, remain profitable, and today Stock-Callers.com looks at four potential prospects: Cavium Inc. (NASDAQ: CAVM), STMicroelectronics N.V. (NYSE: STM), Intersil Corp. (NASDAQ: ISIL), and NeoPhotonics Corp. (NYSE: NPTN). Register now and get full and free access to our downloadable research reports on these stocks at:

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Cavium  

On Tuesday, shares in San Jose, California headquartered Cavium Inc. recorded a trading volume of 1.97 million shares, which was above their three months average volume of 1.55 million shares. The stock ended the day at $55.31, which was a decline of 1.72%. The Company's shares have gained 13.02% in the last one month and 10.98% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 18.55% and 2.40%, respectively. Furthermore, shares of Cavium, which designs, develops, and markets semiconductor processors for intelligent and secure networks in the US and internationally, have a Relative Strength Index (RSI) of 66.36.

On August 16th, 2016, Cavium announced that it has completed the acquisition of QLogic Corp, leading supplier of high performance networking infrastructure solutions. Each outstanding share of QLogic's common stock was converted into the right to receive $11.00 per share in cash and 0.098 shares of Cavium's common stock. Access our complete research report on CAVM for free at:

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STMicroelectronics  

Geneva, Switzerland headquartered STMicroelectronics N.V.'s stock finished yesterday's session 2.06% higher at $7.44. A total volume of 1.72 million shares was traded, which was above their three months average volume of 1.53 million shares. The Company's shares have gained 0.95% in the last one month, 19.94% over the previous three months, and 14.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.71% and 21.48%, respectively. Furthermore, shares of STMicroelectronics, which together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide, have an RSI of 55.76.

On August 3rd, 2016, STMicroelectronics introduced the LDBL20, a 200mA Low-Dropout regulator in a minuscule 0.47mm x 0.47mm x 0.2mm chip-scale package that is ideal for wearable and portable devices and for flexible electronics such as multifunction connected smart cards.

On September 02nd, 2016, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Neutral' to 'Underperform'. The complimentary research report on STM can be downloaded at:

http://stock-callers.com/registration/?symbol=STM

Intersil  

At the closing bell on Tuesday, shares in Milpitas, California headquartered Intersil Corp. saw a decline of 2.23%, ending the day at $19.75. The stock recorded a trading volume of 3.58 million shares, which was above their three months average volume of 1.46 million shares. The Company's shares have surged 29.60% in the last one month, 42.09% in the previous three months, and 59.17% on an YTD basis. The stock is trading 28.83% above its 50-day moving average and 48.12% above its 200-day moving average. Moreover, shares of Intersil, which designs and develops power management and precision analog integrated circuits for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets, have an RSI of 74.41.

On August 23rd, 2016, research firm Deutsche Bank reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $17 a share to $21 a share.

On August 31st, 2016, Reuters reported that Intersil may announce a sale to Renesas Electronics Corp., choosing the Japanese semiconductor company over U.S. suitor Maxim Integrated Products Inc. Register for free on Stock-Callers.com and get access to the latest PDF format report on ISIL at:

http://stock-callers.com/registration/?symbol=ISIL

NeoPhotonics  

San Jose, California headquartered NeoPhotonics Corp.'s stock ended the day 1.40% higher at $15.90. A total volume of 1.02 million shares was traded, which was higher than their three months average volume of 831,740 shares. The Company's shares have gained 16.48% in the last month, 68.97% over the previous three months, and 46.41% on an YTD basis. The stock is trading 27.25% above its 50-day moving average and 43.98% above its 200-day moving average. Additionally, shares of NeoPhotonics, which develops, manufactures, and sells hybrid photonic integrated optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks, have an RSI of 72.43.

On August 8th, 2016, NeoPhotonics reported that revenue was $99.1 million in Q2 2016, up $13.8 million, or 16.1%, from Q2 2015. GAAP net income was $2.7 million, up from $1.8 million in Q2 2015.

On August 09th, 2016, research firm Needham reiterated its 'Strong Buy' rating on the Company's stock with an increase of the target price from $18 a share to $20 a share. Download your free research report on NPTN at:

http://stock-callers.com/registration/?symbol=NPTN

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