Pixelworks, Inc (PXLW) Files Form 4 Insider Buying : Todd Debonis Buys 25,000 Shares

Pixelworks, Inc (PXLW): Todd Debonis , CEO of Pixelworks, Inc purchased 25,000 shares on May 13, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.64 per share for a total value of $41,055.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, C Scott Gibson (director) sold 15,000 shares at $2.00 per share price.On Mar 1, 2016, Stephen L Domenik (CEO) purchased 50,000 shares at $1.58 per share price.Also, On Feb 23, 2016, Daniel Heneghan (director) purchased 30,000 shares at $1.74 per share price.On Feb 19, 2016, Todd Debonis (COO) purchased 75,000 shares at $1.53 per share price.

Pixelworks: On Friday, May 13, 2016 heightened volatility was witnessed in Pixelworks which led to swings in the share price. The shares opened for trading at $1.588 and hit $1.68 on the upside , eventually ending the session at $1.65, with a gain of 3.13% or 0.05 points. The heightened volatility saw the trading volume jump to 1,33,531 shares. The 52-week high of the share price is $7.13 and the company has a market cap of $46 M . The 52-week low of the share price is at $1.22.

Pixelworks Money Flow Index Chart

Pixelworks Inc. designs develops and markets video and pixel processing semiconductors intellectual property cores software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company’s products allow manufacturers and developers of digital display and projection devices to manufacture screens of all sizes. It provides its customers with software development tools and with software that provides basic functionality for its integrated circuits and enables connectivity of its customers’ products. Its products can be used in a range of devices from large flat panel displays to small low power mobile applications. Its products are designed to reduce overall system power requirements. Its primary target markets include digital projection systems digital televisions Ultrabook devices tablets and smartphones. Its product categories include ImageProcessor integrated circuits (ICs) Video Co-Processor ICs and Networked Display ICs.

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