Haley Aman Sells 12,371 Shares of Pixelworks (NASDAQ:PXLW) Stock

Pixelworks, Inc. (NASDAQ:PXLW) CFO Haley Aman sold 12,371 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $5.98, for a total value of $73,978.58. Following the completion of the sale, the chief financial officer owned 68,291 shares in the company, valued at $408,380.18. This represents a 15.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Pixelworks Trading Down 1.3%

PXLW stock opened at $6.89 on Friday. The company has a market capitalization of $43.82 million, a PE ratio of -2.94 and a beta of 1.66. Pixelworks, Inc. has a 12-month low of $4.67 and a 12-month high of $15.42. The business’s fifty day moving average price is $5.73 and its 200 day moving average price is $6.14.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Pixelworks in a report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $15.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Pixelworks by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 277,394 shares of the semiconductor company’s stock worth $3,040,000 after acquiring an additional 6,796 shares in the last quarter. Bleichroeder LP purchased a new stake in Pixelworks during the fourth quarter worth approximately $1,278,000. Potomac Capital Management Inc. purchased a new stake in Pixelworks during the fourth quarter worth approximately $1,272,000. Geode Capital Management LLC lifted its stake in Pixelworks by 11.7% during the fourth quarter. Geode Capital Management LLC now owns 58,775 shares of the semiconductor company’s stock worth $374,000 after purchasing an additional 6,172 shares during the last quarter. Finally, Nano Cap New Millennium Growth Fund L P purchased a new stake in Pixelworks during the fourth quarter worth approximately $280,000. 21.37% of the stock is owned by institutional investors and hedge funds.

About Pixelworks

Pixelworks, Inc (NASDAQ:PXLW) is a provider of video processing semiconductors and software solutions designed to enhance display performance across a range of consumer and commercial applications. The company’s core offerings include high-performance video processing SoCs, pixel processing silicon, and accompanying firmware that deliver advanced image enhancement, color calibration, and high-dynamic-range (HDR) support. These solutions are tailored to improve picture quality, reduce latency, and optimize power consumption in digital displays.

Pixelworks’ product portfolio addresses diverse end markets such as digital projectors, flat-panel televisions, set-top boxes, mobile devices, automotive infotainment displays, and digital signage.