News stories about DSP Group (NASDAQ:DSPG) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. DSP Group earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.466770283289 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- DSP Group (DSPG) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- ETFs with exposure to DSP Group, Inc. : December 12, 2017 (finance.yahoo.com)
- 13D Filing: Raging Capital Management and DSP Group Inc (DSPG) (feedproxy.google.com)
- DSP Group, Inc. :DSPG-US: Earnings Analysis: Q3, 2017 By the Numbers : December 8, 2017 (finance.yahoo.com)
- Yair Seroussi Sells 12,000 Shares of DSP Group, Inc. (DSPG) Stock (americanbankingnews.com)
DSP Group (NASDAQ DSPG) opened at $12.77 on Thursday. DSP Group has a 52-week low of $9.80 and a 52-week high of $14.20. The company has a market capitalization of $290.76, a P/E ratio of 72.36 and a beta of 0.86.
Several research analysts have recently weighed in on the company. Canaccord Genuity reaffirmed a “buy” rating and set a $16.00 price objective on shares of DSP Group in a research report on Thursday, November 2nd. Zacks Investment Research raised DSP Group from a “sell” rating to a “hold” rating in a research report on Thursday, November 23rd. Finally, TheStreet cut DSP Group from a “b-” rating to a “c+” rating in a research report on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $14.60.
In other DSP Group news, CFO Dror Levy sold 4,060 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $12.85, for a total value of $52,171.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Ofer Elyakim sold 26,261 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $12.81, for a total value of $336,403.41. Following the completion of the sale, the chief executive officer now owns 573,252 shares in the company, valued at approximately $7,343,358.12. The disclosure for this sale can be found here. Insiders have sold 42,321 shares of company stock valued at $545,774 over the last three months. Insiders own 5.18% of the company’s stock.
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DSP Group Company Profile
DSP Group, Inc is a global provider of wireless and audio chipset solutions for converged communications. Delivering semiconductor system solutions with software and hardware reference designs, the Company enables original equipment manufacturers, original design manufacturers, consumer electronics manufacturers and service providers to develop new products.
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