Analysts See $0.18 EPS for CEVA, Inc. (CEVA), Gsi Tech (GSIT) Shorts Increased By 5.24%

July 27, 2017 - By Migdalia James

Analysts expect CEVA, Inc. (NASDAQ:CEVA) to report $0.18 EPS on August, 3 before the open.They anticipate $0.04 EPS change or 28.57% from last quarter’s $0.14 EPS. CEVA’s profit would be $3.87 million giving it 66.53 P/E if the $0.18 EPS is correct. After having $0.20 EPS previously, CEVA, Inc.’s analysts see -10.00% EPS growth. It closed at $47.9 lastly. It is down 66.60% since July 27, 2016 and is uptrending. It has outperformed by 49.90% the S&P500.

Gsi Tech (NASDAQ:GSIT) had an increase of 5.24% in short interest. GSIT’s SI was 407,700 shares in July as released by FINRA. Its up 5.24% from 387,400 shares previously. With 100,600 avg volume, 4 days are for Gsi Tech (NASDAQ:GSIT)’s short sellers to cover GSIT’s short positions. The SI to Gsi Tech’s float is 3.31%. It closed at $7.96 lastly. It is down 107.14% since July 27, 2016 and is uptrending. It has outperformed by 90.44% the S&P500.

Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.02, from 0.91 in 2016Q3. It fall, as 3 investors sold GSI Technology, Inc. shares while 15 reduced holdings. 9 funds opened positions while 7 raised stakes. 5.71 million shares or 26.05% more from 4.53 million shares in 2016Q3 were reported. Citadel Advsrs Lc reported 0% of its portfolio in GSI Technology, Inc. (NASDAQ:GSIT). Blackrock Fund holds 0% or 39,992 shares in its portfolio. Tfs Ltd Liability Com has invested 0.03% of its portfolio in GSI Technology, Inc. (NASDAQ:GSIT). Spark Investment Management Ltd Liability Corporation holds 0.04% in GSI Technology, Inc. (NASDAQ:GSIT) or 81,300 shares. Rbf Limited Liability Company stated it has 0.03% of its portfolio in GSI Technology, Inc. (NASDAQ:GSIT). Geode Capital Mgmt Limited Liability Company holds 0% or 81,513 shares. Millennium Management Limited Liability Corp invested in 0% or 196,900 shares. Fmr Ltd Co, a Massachusetts-based fund reported 45,300 shares. Brandywine Investment Limited Co reported 0% of its portfolio in GSI Technology, Inc. (NASDAQ:GSIT). Prudential Incorporated reported 0% stake. Renaissance Techs Ltd Company has 757,707 shares for 0.01% of their portfolio. Blackrock Advsr Ltd Limited Liability Company owns 4,254 shares or 0% of their US portfolio. Manufacturers Life Ins The owns 900 shares. Blackrock Investment Mngmt Limited Liability invested in 2,042 shares. Tower Research Capital Ltd (Trc) invested in 0% or 456 shares.

GSI Technology, Inc. is a provider of Very Fast static random access memory products and low latency dynamic random access memory (LLDRAM) products. The company has market cap of $167.00 million. The Firm operates through the design, development and sale of integrated circuits segment. It currently has negative earnings. The Company’s products are incorporated primarily in high-performance networking and telecommunications equipment, such as routers, switches, area network infrastructure equipment, wireless base stations and network access equipment.

Since February 28, 2017, it had 0 insider purchases, and 5 selling transactions for $772,538 activity. 20,625 shares valued at $171,012 were sold by Schirle Douglas on Wednesday, May 10. Wu Ping Tak also sold $143,690 worth of GSI Technology, Inc. (NASDAQ:GSIT) on Tuesday, February 28. $82,504 worth of stock was sold by Shu Lee-Lean on Tuesday, March 14. 20,625 shares were sold by Yau Robert, worth $152,625 on Tuesday, May 9.

Since February 9, 2017, it had 0 buys, and 12 sales for $7.37 million activity. $403,655 worth of CEVA, Inc. (NASDAQ:CEVA) was sold by AYALON ELIYAHU on Thursday, February 9. Shares for $165,360 were sold by OHANA ISSACHAR. On Monday, May 8 MANN BRUCE sold $427,814 worth of CEVA, Inc. (NASDAQ:CEVA) or 10,682 shares. The insider MCMANAMON PETER sold $1.20 million. $1.29M worth of CEVA, Inc. (NASDAQ:CEVA) was sold by WERTHEIZER GIDEON on Wednesday, May 10. Arieli Yaniv had sold 59,764 shares worth $2.56 million. The insider SILVER LOUIS sold $480,114.

CEVA, Inc. is a licensor of signal processing intellectual property (IP). The company has market cap of $1.03 billion. The Firm partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT). It has a 68.2 P/E ratio. The Firm operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers.

Investors sentiment decreased to 1.24 in Q4 2016. Its down 0.22, from 1.46 in 2016Q3. It worsened, as 21 investors sold CEVA, Inc. shares while 37 reduced holdings. 25 funds opened positions while 47 raised stakes. 17.74 million shares or 0.84% less from 17.90 million shares in 2016Q3 were reported. First Trust L P holds 0% of its portfolio in CEVA, Inc. (NASDAQ:CEVA) for 6,281 shares. Principal Fincl Gru Inc has 0.01% invested in CEVA, Inc. (NASDAQ:CEVA). Bridgeway Mngmt Incorporated invested in 0.01% or 18,100 shares. Blackrock Institutional Trust Na invested in 563,175 shares or 0% of the stock. Great West Life Assurance Can holds 0% or 27,060 shares in its portfolio. Public Employees Retirement Association Of Colorado owns 0% invested in CEVA, Inc. (NASDAQ:CEVA) for 8,533 shares. Capstone Asset Mgmt Com holds 9,440 shares. Israel-based Psagot Inv House Limited has invested 0% in CEVA, Inc. (NASDAQ:CEVA). Tower Capital Limited Liability Corp (Trc) stated it has 0% in CEVA, Inc. (NASDAQ:CEVA). Robertson Opportunity Lc holds 1.75% in CEVA, Inc. (NASDAQ:CEVA) or 79,200 shares. State Bank Of Montreal Can has invested 0% in CEVA, Inc. (NASDAQ:CEVA). Franklin Resources has 10,200 shares. D E Shaw And Inc holds 26,410 shares. Texas Permanent School Fund reported 15,485 shares. 16,475 were accumulated by Tiedemann Wealth Mngmt Limited Liability Company.

Among 10 analysts covering Ceva (NASDAQ:CEVA), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ceva had 18 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Wunderlich on Monday, November 2 with “Buy”. The stock of CEVA, Inc. (NASDAQ:CEVA) earned “Buy” rating by Canaccord Genuity on Thursday, September 3. The firm has “Buy” rating by TH Capital given on Thursday, September 29. The firm earned “Buy” rating on Wednesday, December 16 by Wunderlich. Chardan Capital Markets maintained it with “Buy” rating and $27 target in Tuesday, November 3 report. The rating was downgraded by Wunderlich to “Hold” on Tuesday, November 10. Canaccord Genuity maintained CEVA, Inc. (NASDAQ:CEVA) on Friday, July 31 with “Buy” rating. Oppenheimer maintained CEVA, Inc. (NASDAQ:CEVA) on Tuesday, November 3 with “Outperform” rating. The firm has “Buy” rating given on Tuesday, November 10 by Benchmark. The rating was initiated by Ladenburg Thalmann with “Neutral” on Thursday, October 15.