Insider Trading Review: Sigma Designs, Inc. $SIGM

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Sigma Designs, Inc. (SIGM) insider have most recently took part in a trading activity. On Jun 23, 2017 Soros Fund Management Llc, 10% Owner bought 4,424 shares having total worth of $25,880 at the price of $5.85 per share, following the transaction a total of 4,473,243 shares owned by Soros Fund Management Llc. Before this latest buy, Soros Fund Management Llc purchased SIGM at 2 other times during the past twelve months, for a total investment of $35.81M at an average of $5.72 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -1.59%
12 Month 2 0 7.83%

Shares of Sigma Designs, Inc. (SIGM) traded up 7.83% on Jun 23, 2017, hitting $6.2. 554,725 shares of the company’s stock traded hands. Sigma Designs, Inc. has a 52 week low of $5.5 and a 52 week high of $8.38. The company’s market cap is $293 million.

Sigma Designs, Inc. (SIGM) last announced its earnings results on Jun 6, 2017. The company reported -0.25 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.21 by $0.04. The company had revenue of $40 million for the quarter, compared to the consensus estimate of $39 million. During the same quarter in the previous year, the company posted -0.12 earnings per share. The company’s revenue for the quarter was down 26% on a year-over-year basis.

2017-06-06 2017-03-29 2016-12-06 2016-09-06 2016-06-06 2016-03-23 2015-12-08 2015-09-09 2015-06-09 2015-04-01
earnings per share -0.25 -0.16 0.09 0.07 -0.12 0.02 0.13 0.12 0.09 0.04
Revenue(M) 39.56 42.72 62.73 61.32 53.78 51.45 61.58 58.09 55.91 54.85

Sigma Designs, Inc., a California corporation was incorporated in January 1982. The Company focuses integrated system-on-chip, or SoC, solutions that serve as the foundation for consumer products including televisions, set-top boxes, and video networking products. Its products are semiconductors that are targeted towards end-product manufacturers, Original Equipment Manufacturers, or OEMs and Original Design Manufacturers, or ODMs. The Company’s products include, Media Processor SoCs, Home Networking Controllers and Home Control and Energy Management Automation. The media processor SoC product line consists of functionally similar platforms that are based on highly integrated chips, embedded software, and hardware reference designs. The integrated functions include applications processing (CPU), graphics processing (GPU), media processing (audio and video decoding/encoding), display processing, security management, memory control, and peripheral interfaces. The home networking product line consists of wired home networking controller chipsets that are designed to provide connectivity solutions between various home entertainment products and incoming video streams. These solutions are based on the HomePNA (HPNA), HomePlug AV (HPAV), and G.hn standards. The home control and energy management automation product line consists of our wireless Z-Wave chipsets and modules. These devices enable consumers to enjoy advanced home control and energy management automation functionality, such as home security, environmental and energy control and monitoring, within both new and existing homes. The Company also offers certain legacy products that are sold into prosumer and other industrial applications. These products include VXP brand video image processor chipsets and video encoder chipsets. It sells its products into six primary markets which are the Digital Television, or DTV, market, home networking market, internet protocol television, or IPTV, media processor market, home control and energy management market, prosumer and industrial audio/video market, and the connected media player market. The Company’s main competitors are Broadcom Corporation, Intel Corporation, Mediatek, MStar Semiconductor, RealTek and ST Microelectronics, for its media processor; Broadcom, Marvell Technology Group, Ltd. and Qualcomm for its HPNA and HPAV products; Texas Instruments, Freescale and Silicon Lab for its Z-Wave products and Pixelworks and Marvell for VXP products. Its products and certain aspects of its operations are regulated under various environmental laws in the U.S., Europe and other parts of the world.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.