Sigma Designs, Inc. (NASDAQ:SIGM) has analysts on the Bullish side this week.

January 19, 2018 - By Richard Conner

 Sigma Designs, Inc. (NASDAQ:SIGM) has analysts on the Bullish side this week.
Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.63, from 1.76 in 2017Q2. It turned negative, as 18 investors sold Sigma Designs, Inc. shares while 14 reduced holdings. 10 funds opened positions while 26 raised stakes. 23.22 million shares or 1.56% more from 22.87 million shares in 2017Q2 were reported.
Us Savings Bank De invested in 300 shares or 0% of the stock. Parametric Assocs Limited Liability Company holds 0% or 28,606 shares. Strs Ohio reported 17,300 shares or 0% of all its holdings. Royal Fincl Bank Of Canada reported 0% stake. 70,400 were accumulated by Chicago Equity Prtn Ltd. Ny State Common Retirement Fund owns 32,400 shares for 0% of their portfolio. Boothbay Fund Llc holds 40,573 shares. X Ltd Liability Company, New York-based fund reported 29,314 shares. Fincl Bank Of America Corporation De reported 0% stake. Credit Suisse Ag holds 24,704 shares. Axa reported 29,900 shares. Morgan Stanley reported 0% in Sigma Designs, Inc. (NASDAQ:SIGM). State Board Of Administration Of Florida Retirement Systems reported 0% stake. Ameriprise Financial owns 41,998 shares for 0% of their portfolio. Rhumbline Advisers stated it has 46,342 shares.

Sigma Designs, Inc. (NASDAQ:SIGM) Ratings Coverage

Among 7 analysts covering Sigma Designs (NASDAQ:SIGM), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Sigma Designs had 16 analyst reports since September 10, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Wednesday, June 7 with “Buy”. Craig Hallum downgraded the shares of SIGM in report on Friday, December 8 to “Hold” rating. Barrington Research maintained the shares of SIGM in report on Wednesday, December 9 with “Outperform” rating. The company was downgraded on Wednesday, December 7 by Lake Street. Robert W. Baird initiated the shares of SIGM in report on Friday, October 9 with “Outperform” rating. The firm earned “Buy” rating on Thursday, March 30 by Lake Street. The rating was downgraded by Benchmark to “Hold” on Friday, December 8. On Thursday, September 8 the stock rating was downgraded by BWS Financial to “Sell”. Lake Street downgraded the stock to “Hold” rating in Friday, December 8 report. The firm earned “Hold” rating on Friday, November 13 by BWS Financial. Below is a list of Sigma Designs, Inc. (NASDAQ:SIGM) latest ratings and price target changes.

08/12/2017 Broker: Lake Street Old Rating: Buy New Rating: Hold Old Target: $7 Downgrade
08/12/2017 Broker: Craig Hallum Rating: Hold Downgrade
08/12/2017 Broker: Benchmark Old Rating: Buy New Rating: Hold Downgrade
12/10/2017 Broker: BWS Financial Rating: Sell New Target: $4.0

It closed at $6.95 lastly. It is down 5.38% since January 19, 2017 and is downtrending. It has underperformed by 22.08% the S&P500.

Sigma Designs, Inc. provides integrated system-on-chip solutions and intelligent platforms for use in various home entertainment and home control appliances. The company has market cap of $267.69 million. The companyÂ’s media processor product line includes a range of platforms that are based on integrated chips, embedded software, and hardware reference designs. It currently has negative earnings. The Company’s media connectivity product line comprises wired home networking controller chipsets that provide connectivity solutions between various home entertainment products and incoming video streams.

More important recent Sigma Designs, Inc. (NASDAQ:SIGM) news were published by: Seekingalpha.com which released: “Silicon Labs to buy Sigma Designs for $7.05/share” on December 07, 2017, also Globenewswire.com published article titled: “Sigma Designs, Inc. Announces Major Restructuring Actions to Accelerate the …”, Globenewswire.com published: “Sigma Designs to Announce Third Quarter Fiscal Year 2018 Financial Results on …” on December 05, 2017. More interesting news about Sigma Designs, Inc. (NASDAQ:SIGM) was released by: Globenewswire.com and their article: “Sigma Designs Announces Winners of Z-Wave Smart Home Maker Challenge” with publication date: December 21, 2017.

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