Company Shares of Intersil Corporation (NASDAQ:ISIL) Rally 3.63%

Intersil Corporation (NASDAQ:ISIL) has been under a strong bear grip, hence the stock is down -1.09% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.32% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.63% in the last 1 week, and is up 0.5% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 17.68% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $14.55 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $13.56 and the 200 Day Moving Average price is recorded at $12.81.

The stock has recorded a 20-day Moving Average of 2.29% and the 50-Day Moving Average is 7.62%.


Intersil Corporation (NASDAQ:ISIL): stock turned positive on Friday. Though the stock opened at $13.58, the bulls momentum made the stock top out at $14 level for the day. The stock recorded a low of $13.58 and closed the trading day at $13.98, in the green by 3.63%. The total traded volume for the day was 1,124,631. The stock had closed at $13.49 in the previous days trading.

In an insider trading activity,The officer (SVP, WW Operations) of Intersil Corp/De, Micallef Andrew sold 4,000 shares at $11.96 on May 10, 2016. The Insider selling transaction had a total value worth of $47,840. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.

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