Is Integrated Device Technology, Inc. (IDTI) Stock a Sell after Brian White’s Insider Deal?; Univest of Pennsylvania (UVSP) Shorts Lowered By 1.36%

January 25, 2018 - By Annabelle Johnson

Recently, insider trading sale was made. Brian White, the SVP – CHIEF FINANCIAL OFFICER and an insider of Integrated Device Technology Inc sold a total of 23,297 shares of Integrated Device Technology Inc, worth about $792,098 US Dollars, at $34.0 for a share at the time of the sale. Brian is trying to silently decrease his company’s share, same as he did in the last 30 days. He sold another 53,250 shares worth $1,767,672 USD. This trade was completed on January 24, 2018. A public form which was filed with the DC-based SEC and ready for review here, shows additional details of the trade. Currently, Mr. Brian, has rights to 107,975 shares, which accounts for 0.08% of Integrated Device Technology Inc’s market cap. The insider’s activity definitely generated quite an interest in the stock community.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) had a decrease of 1.36% in short interest. UVSP’s SI was 471,200 shares in January as released by FINRA. Its down 1.36% from 477,700 shares previously. With 189,000 avg volume, 3 days are for Univest Corporation of Pennsylvania (NASDAQ:UVSP)’s short sellers to cover UVSP’s short positions. The SI to Univest Corporation of Pennsylvania’s float is 1.89%. The stock decreased 1.41% or $0.4 during the last trading session, reaching $27.9. About 62,840 shares traded. Univest Corporation of Pennsylvania (NASDAQ:UVSP) has risen 45.10% since January 25, 2017 and is uptrending. It has outperformed by 28.40% the S&P500.

Analysts await Integrated Device Technology, Inc. (NASDAQ:IDTI) to report earnings on January, 29. They expect $0.32 earnings per share, up 6.67% or $0.02 from last year’s $0.3 per share. IDTI’s profit will be $42.51M for 25.48 P/E if the $0.32 EPS becomes a reality. After $0.26 actual earnings per share reported by Integrated Device Technology, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

Since August 10, 2017, it had 0 insider buys, and 5 selling transactions for $2.95 million activity. The insider WHITE BRIAN C sold 8,417 shares worth $273,558. 20,374 shares valued at $497,708 were sold by MONTANA MARIO on Thursday, August 10. On Thursday, December 14 the insider Shepard David sold $682,222.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.03, from 1.08 in 2017Q2. It is positive, as 19 investors sold Integrated Device Technology, Inc. shares while 79 reduced holdings. 33 funds opened positions while 76 raised stakes. 133.15 million shares or 5.38% more from 126.35 million shares in 2017Q2 were reported. 274,682 are owned by Credit Suisse Ag. 216,520 are held by Ngam Advsrs Ltd Partnership. Panagora Asset Mngmt holds 0% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 8,900 shares. Vaughan Nelson L P has invested 0.77% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI). Suffolk Cap Limited Liability Com owns 46,166 shares. 1.78M were accumulated by Price T Rowe Assocs Md. Jpmorgan Chase & has 932,857 shares. State Treasurer State Of Michigan holds 0.01% or 50,220 shares in its portfolio. 1492 Mgmt Limited Co accumulated 112,874 shares. Carlson L P invested in 0.11% or 232,793 shares. Millrace Asset Group Inc owns 4% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 160,246 shares. 17,640 are owned by Greenwood Assoc Limited Liability. Rice Hall James And Ltd Limited Liability Company invested in 1.7% or 1.45 million shares. Liberty Mutual Asset Mngmt holds 0.06% or 44,570 shares in its portfolio. Shellback Capital Ltd Partnership has 0.21% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI).

Among 19 analysts covering Integrated Device (NASDAQ:IDTI), 17 have Buy rating, 1 Sell and 1 Hold. Therefore 89% are positive. Integrated Device has $36 highest and $19 lowest target. $30’s average target is -8.03% below currents $32.62 stock price. Integrated Device had 44 analyst reports since August 4, 2015 according to SRatingsIntel. Charter Equity initiated Integrated Device Technology, Inc. (NASDAQ:IDTI) on Monday, October 26 with “Buy” rating. The company was maintained on Tuesday, December 1 by Craig Hallum. The company was upgraded on Thursday, August 6 by Zacks. Roth Capital initiated the shares of IDTI in report on Thursday, September 29 with “Buy” rating. The firm earned “Buy” rating on Thursday, September 29 by TH Capital. The rating was downgraded by Bank of America to “Neutral” on Thursday, February 16. The rating was maintained by Barclays Capital on Tuesday, October 31 with “Underweight”. The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) has “Buy” rating given on Tuesday, October 27 by Dougherty & Company. The firm has “Buy” rating by Roth Capital given on Sunday, October 29. The company was maintained on Tuesday, August 1 by Needham.

Integrated Device Technology, Inc. designs, develops, makes, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets. The company has market cap of $4.33 billion. It operates in two divisions, Communications; and Computing, Consumer, and Industrial. It has a 44.68 P/E ratio. The Communications segment offers clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and frequency control solutions.

The stock decreased 3.20% or $1.08 during the last trading session, reaching $32.62. About 1.58 million shares traded or 8.48% up from the average. Integrated Device Technology, Inc. (NASDAQ:IDTI) has risen 12.80% since January 25, 2017 and is uptrending. It has underperformed by 3.90% the S&P500.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.06, from 0.92 in 2017Q2. It turned negative, as 11 investors sold Univest Corporation of Pennsylvania shares while 38 reduced holdings. 13 funds opened positions while 29 raised stakes. 14.60 million shares or 10.54% less from 16.32 million shares in 2017Q2 were reported. Tdam Usa holds 25,337 shares. Citigroup holds 0% or 79 shares. Alliancebernstein Limited Partnership has 30,754 shares. Lsv Asset Mngmt has 79,200 shares. 1.28 million were reported by Dimensional Fund Advsr Ltd Partnership. Neuberger Berman Grp Incorporated Ltd Liability Com has invested 0.01% in Univest Corporation of Pennsylvania (NASDAQ:UVSP). 13,000 are owned by Td Asset Management. Logan Cap accumulated 54,294 shares. 7,002 were reported by Goldman Sachs Gp. Pnc Services Group holds 18,601 shares. Schroder Inv Mgmt Group holds 0.03% or 497,447 shares in its portfolio. Vanguard Grp Inc Inc owns 1.14 million shares or 0% of their US portfolio. National Bank & Trust Of Ny Mellon holds 0.01% or 671,101 shares. Sei Investments Company has invested 0% in Univest Corporation of Pennsylvania (NASDAQ:UVSP). State Street Corporation has 0% invested in Univest Corporation of Pennsylvania (NASDAQ:UVSP).

Univest Corporation of Pennsylvania operates as the holding firm for Univest Bank and Trust Co. that provides various commercial and consumer banking, and trust services to individuals, businesses, municipalities, and nonprofit organizations in Pennsylvania. The company has market cap of $808.67 million. It operates through three divisions: Banking, Wealth Management, and Insurance. It has a 18.24 P/E ratio. The firm offers deposit products, including noninterest-bearing deposits, interest-bearing checking deposits, money market savings accounts, regular savings accounts, and time deposits.

Among 3 analysts covering Univest Corp. of PA (NASDAQ:UVSP), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Univest Corp. of PA had 13 analyst reports since August 22, 2015 according to SRatingsIntel. The company was upgraded on Saturday, August 22 by Zacks. As per Friday, July 28, the company rating was maintained by Piper Jaffray. Keefe Bruyette & Woods downgraded Univest Corporation of Pennsylvania (NASDAQ:UVSP) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Hold” rating and $32.0 target. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, July 27. The company was maintained on Thursday, July 13 by Piper Jaffray. As per Thursday, October 26, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Hold” rating on Monday, September 25 by Sandler O’Neill. Piper Jaffray maintained Univest Corporation of Pennsylvania (NASDAQ:UVSP) rating on Tuesday, December 5. Piper Jaffray has “Buy” rating and $31.0 target. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The rating was maintained by Keefe Bruyette & Woods on Thursday, June 1 with “Buy”.