Pixelworks, Inc. (PXLW) Reaches $4.15 After 3.00% Down Move; 18 Analysts Bullish Autodesk, Inc. (ADSK)

May 10, 2018 - By Peter Erickson

Autodesk, Inc. (NASDAQ:ADSK) Logo

The stock of Pixelworks, Inc. (NASDAQ:PXLW) is a huge mover today! The stock decreased 2.35% or $0.1 during the last trading session, reaching $4.15. About 196,629 shares traded. Pixelworks, Inc. (NASDAQ:PXLW) has declined 14.41% since May 10, 2017 and is downtrending. It has underperformed by 25.96% the S&P500.The move comes after 6 months negative chart setup for the $147.67M company. It was reported on May, 10 by Barchart.com. We have $4.03 PT which if reached, will make NASDAQ:PXLW worth $4.43M less.

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Friday, August 26 by UBS. The rating was maintained by Credit Suisse on Friday, August 25 with “Outperform”. Morgan Stanley maintained the shares of ADSK in report on Friday, August 25 with “Overweight” rating. RBC Capital Markets maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Wednesday, November 22. RBC Capital Markets has “Buy” rating and $140.0 target. KeyBanc Capital Markets maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Thursday, March 29. KeyBanc Capital Markets has “Overweight” rating and $144 target. RBC Capital Markets maintained it with “Outperform” rating and $70 target in Friday, August 28 report. The company was initiated on Wednesday, January 11 by Wells Fargo. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, November 29 report. The firm has “Buy” rating given on Monday, January 22 by Credit Suisse. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Buy” rating given on Tuesday, November 21 by Barclays Capital. See Autodesk, Inc. (NASDAQ:ADSK) latest ratings:

30/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $144 New Target: $150 Maintain
11/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $155.0000 Maintain
29/03/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $140 New Target: $152 Maintain
29/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $138 New Target: $144 Maintain
16/03/2018 Broker: Robert W. Baird Rating: Buy New Target: $145.0 Maintain
07/03/2018 Broker: Guggenheim Rating: Buy New Target: $150.0 Maintain
07/03/2018 Broker: Robert W. Baird Rating: Buy New Target: $135.0 Maintain
07/03/2018 Broker: Cowen & Co Rating: Buy New Target: $140.0 Maintain
07/03/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $135 New Target: $140 Maintain
07/03/2018 Broker: Wells Fargo Rating: Buy New Target: $200.0 Maintain

Since January 31, 2018, it had 3 insider purchases, and 0 sales for $177,146 activity. Another trade for 3,000 shares valued at $5,202 was made by MOORE STEVEN L on Wednesday, January 31. The insider SANQUINI RICHARD L bought 20,000 shares worth $85,344. $86,600 worth of stock was bought by HENEGHAN DANIEL on Friday, February 23.

Pixelworks, Inc. designs, develops, and markets video processing semiconductors, intellectual property cores, software, and custom ASIC solutions for digital video applications. The company has market cap of $147.67 million. The Company’s products enable clients to deliver the energy efficient video quality on their devices. It currently has negative earnings. The firm provides video display processor products, including imageprocessor Ics , such as embedded microprocessors, digital signal processing technology, and software that control the activities and signal processing within high-end display systems; and video co-processor ICs that work with an image processor to post-process video signals to enhance the performance or feature set of the overall video solution.

Among 5 analysts covering Pixelworks (NASDAQ:PXLW), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pixelworks had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating by Zacks given on Thursday, August 6. Roth Capital maintained it with “Buy” rating and $6.5000 target in Thursday, June 8 report. The stock has “Buy” rating by Lake Street on Friday, February 3. The stock has “Buy” rating by Roth Capital on Friday, November 6. Craig Hallum initiated Pixelworks, Inc. (NASDAQ:PXLW) on Friday, December 4 with “Buy” rating. Roth Capital maintained the shares of PXLW in report on Saturday, August 29 with “Buy” rating. The company was maintained on Friday, November 6 by Dougherty & Company. As per Wednesday, August 9, the company rating was maintained by Roth Capital. The rating was maintained by TH Capital with “Buy” on Friday, November 6. The firm has “Buy” rating by Roth Capital given on Tuesday, January 2.

More news for Pixelworks, Inc. (NASDAQ:PXLW) were recently published by: Globenewswire.com, which released: “Xiaomi Blackshark Gaming Smartphone Incorporates Pixelworks Video Display Processing Technology” on April 13, 2018. Globenewswire.com‘s article titled: “Pixelworks and Wanda Film Create Film Innovation & Ecosystem Lab” and published on April 30, 2018 is yet another important article.

Investors sentiment decreased to 1.47 in 2017 Q4. Its down 1.03, from 2.5 in 2017Q3. It dived, as 9 investors sold Pixelworks, Inc. shares while 25 reduced holdings. 21 funds opened positions while 29 raised stakes. 12.74 million shares or 5.71% more from 12.05 million shares in 2017Q3 were reported. Susquehanna Gru Limited Liability Partnership has 36,433 shares. Jpmorgan Chase And holds 0% or 6,154 shares in its portfolio. Friess Ltd Limited Liability Company stated it has 0.24% in Pixelworks, Inc. (NASDAQ:PXLW). S Squared Technology Lc, New York-based fund reported 190,000 shares. Citadel Advsr Lc invested 0% in Pixelworks, Inc. (NASDAQ:PXLW). New York State Common Retirement Fund owns 30,300 shares. Lpl Finance Limited Liability Corp holds 0% or 10,479 shares in its portfolio. Morgan Stanley has 134,433 shares. Moreover, Deutsche Financial Bank Ag has 0% invested in Pixelworks, Inc. (NASDAQ:PXLW). Cadence Mgmt Ltd Llc reported 255,143 shares stake. Renaissance Ltd Liability Co reported 0.01% in Pixelworks, Inc. (NASDAQ:PXLW). Bnp Paribas Arbitrage invested 0% of its portfolio in Pixelworks, Inc. (NASDAQ:PXLW). Credit Suisse Ag has 11,196 shares for 0% of their portfolio. Heartland Advisors Inc holds 1.25 million shares or 0.51% of its portfolio. Wells Fargo Co Mn invested 0% in Pixelworks, Inc. (NASDAQ:PXLW).

The stock increased 1.60% or $2.16 during the last trading session, reaching $137.48. About 539,569 shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 50.18% since May 10, 2017 and is uptrending. It has outperformed by 38.63% the S&P500.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.34, from 1.42 in 2017Q3. It fall, as 46 investors sold Autodesk, Inc. shares while 171 reduced holdings. 84 funds opened positions while 151 raised stakes. 204.78 million shares or 0.77% less from 206.38 million shares in 2017Q3 were reported. Rafferty Asset Mgmt Limited Liability Com reported 13,586 shares. Moreover, Creative Planning has 0% invested in Autodesk, Inc. (NASDAQ:ADSK). Dimensional Fund Advsrs L P has 325,783 shares for 0.01% of their portfolio. Ameritas Investment Ptnrs Incorporated has 8,870 shares for 0.04% of their portfolio. 29,516 are owned by Bb&T Securities Ltd Liability Corp. Amalgamated Bank invested in 27,369 shares or 0.08% of the stock. Wellington Shields Capital Mgmt Ltd Liability stated it has 0.06% in Autodesk, Inc. (NASDAQ:ADSK). Shine Investment Advisory Services holds 0.01% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 243 shares. Bp Public Limited has 0.09% invested in Autodesk, Inc. (NASDAQ:ADSK) for 23,000 shares. Norinchukin Bank The holds 0.04% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 22,592 shares. Segantii Cap Management Ltd accumulated 57,500 shares. Tiaa Cref Inv Mngmt invested in 439,345 shares. Price T Rowe Assoc Incorporated Md owns 562,147 shares for 0.01% of their portfolio. Transamerica Fincl Inc, Florida-based fund reported 264 shares. Ngam Advsr Ltd Partnership holds 818,217 shares.

Another recent and important Autodesk, Inc. (NASDAQ:ADSK) news was published by Fool.com which published an article titled: “General Motors and Autodesk Ally to Bring Driverless Electric Vehicle Future Closer” on May 07, 2018.

Autodesk, Inc. operates as a design software and services firm worldwide. The company has market cap of $30.12 billion. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment divisions. It currently has negative earnings. The firm offers AutoCAD, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Revit software for building information modeling.

Pixelworks, Inc. (NASDAQ:PXLW) Institutional Positions Chart

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