DSP Group Inc (NASDAQ:DSPG) Stock Price While Sentiment Improves

June 13, 2018 - By Ash

DSP Group, Inc. (NASDAQ:DSPG) Logo

Sentiment for DSP Group Inc (NASDAQ:DSPG)

DSP Group Inc (NASDAQ:DSPG) institutional sentiment increased to 1.42 in Q1 2018. Its up 0.10, from 1.32 in 2017Q4. The ratio is more positive, as 37 funds started new and increased positions, while 26 sold and reduced holdings in DSP Group Inc. The funds in our partner’s database now have: 16.73 million shares, down from 16.86 million shares in 2017Q4. Also, the number of funds holding DSP Group Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 21 Increased: 28 New Position: 9.

DSP Group, Inc., a fabless semiconductor company, provides wireless and audio chipset solutions for converged communications worldwide. The company has market cap of $268.71 million. It operates through three divisions: Home, Office, and Mobile. It currently has negative earnings. The firm provides a portfolio of wireless chipsets that integrate DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear, video, and VoIP technologies.

The stock decreased 1.66% or $0.2 during the last trading session, reaching $11.85. About 154,300 shares traded or 195.45% up from the average. DSP Group, Inc. (NASDAQ:DSPG) has risen 4.10% since June 13, 2017 and is uptrending. It has underperformed by 8.47% the S&P500.

Analysts await DSP Group, Inc. (NASDAQ:DSPG) to report earnings on July, 26. They expect $0.02 EPS, down 66.67 % or $0.04 from last year’s $0.06 per share. DSPG’s profit will be $453,522 for 148.13 P/E if the $0.02 EPS becomes a reality. After $0.01 actual EPS reported by DSP Group, Inc. for the previous quarter, Wall Street now forecasts 100.00 % EPS growth.

Raging Capital Management Llc holds 3.42% of its portfolio in DSP Group, Inc. for 2.17 million shares. Awm Investment Company Inc. owns 769,816 shares or 1.75% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.74% invested in the company for 201,889 shares. The Missouri-based Kennedy Capital Management Inc. has invested 0.05% in the stock. Stone Ridge Asset Management Llc, a New York-based fund reported 44,508 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $200,000 activity.

More news for DSP Group, Inc. (NASDAQ:DSPG) were recently published by: Seekingalpha.com, which released: “Cowen semiconductor initiation roundup” on May 18, 2018. Nasdaq.com‘s article titled: “DSP Group to Participate at the 46th Annual Cowen and Company Technology, Media and Telecom Conference” and published on May 21, 2018 is yet another important article.

DSP Group, Inc. (NASDAQ:DSPG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.