DSP Group (NASDAQ:DSPG) issued its quarterly earnings data on Sunday. The semiconductor company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05, MarketWatch Earnings reports. DSP Group had a negative net margin of 4.93% and a positive return on equity of 2.30%.
DSP Group stock remained flat at $$14.50 during mid-day trading on Tuesday. 174,020 shares of the company’s stock were exchanged, compared to its average volume of 164,861. DSP Group has a 12 month low of $12.42 and a 12 month high of $18.77. The stock’s fifty day simple moving average is $14.43 and its two-hundred day simple moving average is $15.61. The firm has a market capitalization of $351.28 million, a P/E ratio of -60.42, a P/E/G ratio of 4.58 and a beta of 0.96.
In other DSP Group news, CFO Dror Levy sold 6,750 shares of the stock in a transaction that occurred on Tuesday, February 16th. The shares were sold at an average price of $17.33, for a total value of $116,977.50. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Gabi Seligsohn sold 3,268 shares of the stock in a transaction that occurred on Thursday, February 25th. The shares were sold at an average price of $15.64, for a total transaction of $51,111.52. Following the completion of the sale, the director now directly owns 41,484 shares in the company, valued at $648,809.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,325 shares of company stock worth $720,774. Insiders own 8.05% of the company’s stock.
DSP Group Company Profile
DSP Group, Inc, a fabless semiconductor company, provides wireless chipset solutions. It operates through three segments: Home, Unified Communications, and SmartVoice. The Home segment offers wireless chipset solutions for converged communication at home, including integrated circuits for cordless phones, home gateway devices, integrated circuits addressing home automation applications, and fixed-mobile convergence solutions.
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