Boothbay Fund Management LLC Takes Position in Xcerra Corp (XCRA)

Boothbay Fund Management LLC bought a new position in shares of Xcerra Corp (NASDAQ:XCRA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 360,628 shares of the semiconductor company’s stock, valued at approximately $3,552,000. Boothbay Fund Management LLC owned 0.66% of Xcerra as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its holdings in Xcerra by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 3,023,104 shares of the semiconductor company’s stock valued at $29,536,000 after purchasing an additional 47,037 shares in the last quarter. CNH Partners LLC acquired a new position in Xcerra in the second quarter valued at approximately $26,633,000. Vanguard Group Inc. boosted its holdings in Xcerra by 3.2% in the second quarter. Vanguard Group Inc. now owns 2,564,821 shares of the semiconductor company’s stock valued at $25,057,000 after purchasing an additional 79,201 shares in the last quarter. Paulson & CO. Inc. acquired a new position in Xcerra in the second quarter valued at approximately $24,655,000. Finally, Alpine Associates Management Inc. boosted its holdings in Xcerra by 46.5% in the third quarter. Alpine Associates Management Inc. now owns 2,493,716 shares of the semiconductor company’s stock valued at $24,564,000 after purchasing an additional 792,100 shares in the last quarter. Hedge funds and other institutional investors own 84.25% of the company’s stock.

Xcerra Corp (NASDAQ XCRA) traded down $0.01 during mid-day trading on Friday, hitting $9.79. The stock had a trading volume of 415,452 shares, compared to its average volume of 340,278. The firm has a market capitalization of $537.85, a P/E ratio of 13.23, a P/E/G ratio of 0.84 and a beta of 1.58. Xcerra Corp has a 1-year low of $7.21 and a 1-year high of $10.15. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.27 and a quick ratio of 3.23.

Xcerra (NASDAQ:XCRA) last posted its quarterly earnings data on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.14. The business had revenue of $120.29 million during the quarter, compared to the consensus estimate of $108.30 million. Xcerra had a return on equity of 14.63% and a net margin of 9.30%. equities research analysts expect that Xcerra Corp will post 0.97 EPS for the current fiscal year.

A number of equities analysts recently issued reports on the company. Zacks Investment Research downgraded Xcerra from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 1st. BidaskClub downgraded Xcerra from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. B. Riley reaffirmed a “hold” rating and issued a $10.25 price target on shares of Xcerra in a report on Saturday, September 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Xcerra in a report on Friday, September 1st. Finally, ValuEngine raised Xcerra from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Xcerra presently has an average rating of “Hold” and an average price target of $10.40.

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Xcerra Company Profile

Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.

Institutional Ownership by Quarter for Xcerra (NASDAQ:XCRA)

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