News coverage about CEVA (NASDAQ:CEVA) has been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CEVA earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 46.2340014452391 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- CEVA unveils family of AI processors for deep learning at the edge (embedded-computing.com)
- Contrasting CEVA (CEVA) and Silicon Laboratories (SLAB) (americanbankingnews.com)
- CES 2018 I Cision Roundup (it.tmcnet.com)
- CEVA Schedules Fourth Quarter and Full Year 2017 Earnings Release and Conference Call (finance.yahoo.com)
- CEVA, Inc. (CEVA) Expected to Post Quarterly Sales of $21.02 Million (americanbankingnews.com)
Shares of CEVA (NASDAQ CEVA) opened at $46.40 on Tuesday. The firm has a market cap of $1,019.64, a price-to-earnings ratio of 53.95, a PEG ratio of 2.27 and a beta of 0.75. CEVA has a 52 week low of $32.25 and a 52 week high of $51.80.
A number of research analysts have issued reports on CEVA shares. Zacks Investment Research lowered shares of CEVA from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Canaccord Genuity upped their price target on shares of CEVA from $53.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $47.83.
In other news, CEO Gideon Wertheizer sold 20,603 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $49.28, for a total value of $1,015,315.84. Following the sale, the chief executive officer now owns 82,497 shares in the company, valued at $4,065,452.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sven Christer Nilsson sold 27,285 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $47.50, for a total transaction of $1,296,037.50. Following the sale, the director now owns 28,282 shares in the company, valued at approximately $1,343,395. The disclosure for this sale can be found here. Insiders sold 67,682 shares of company stock worth $3,257,929 in the last quarter. Company insiders own 3.90% of the company’s stock.
CEVA Company Profile
CEVA, Inc (CEVA) is a licensor of signal processing intellectual property (IP). The Company 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).
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