Nokomis Capital L.l.c. buys $21,680,829 stake in Xcerra Corp (XCRA)

Xcerra Corp (XCRA) : Nokomis Capital L.l.c. scooped up 725,210 additional shares in Xcerra Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 3,770,579 shares of Xcerra Corp which is valued at $21,680,829.Xcerra Corp makes up approximately 5.08% of Nokomis Capital L.l.c.’s portfolio.

Other Hedge Funds, Including , Boothbay Fund Management added XCRA to its portfolio by purchasing 14,069 company shares during the most recent quarter which is valued at $80,897. Xcerra Corp makes up approx 0.03% of Boothbay Fund Management’s portfolio.Globeflex Capital L P boosted its stake in XCRA in the latest quarter, The investment management firm added 118,671 additional shares and now holds a total of 135,871 shares of Xcerra Corp which is valued at $781,258. Xcerra Corp makes up approx 0.20% of Globeflex Capital L P’s portfolio.Commonwealth Equity Services Inc reduced its stake in XCRA by selling 67 shares or 0.2% in the most recent quarter. The Hedge Fund company now holds 33,577 shares of XCRA which is valued at $186,688.

Xcerra Corp closed down -0.39 points or -6.66% at $5.47 with 4,09,778 shares getting traded on Thursday. Post opening the session at $5.3, the shares hit an intraday low of $5.14 and an intraday high of $5.49 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Xcerra Corp reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Sep 1, 2016. Analyst had a consensus of $0.08. The company had revenue of $91.20 million for the quarter, compared to analysts expectations of $91.76 million. The company’s revenue was down -10.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.16 EPS.

Xcerra Corporation formerly LTX-Credence Corporation is engaged in providing test and handling capital equipment interface products test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test Semiconductor Handlers Contactors Printed Circuit Board (PCB) Test Probes/Pins and Fixtures. The Company operates in the semiconductor and electronics manufacturing test markets through its atg-Luther & Maelzer Everett Charles Technologies (ECT) LTX-Credence and Multitest businesses. ECT business designs and manufactures equipment and consumables that are used in the testing of bare and loaded PCBs. ECT which operates under the brand names atg-Luther & Maelzer and Everett Charles Technologies offers a line of PCB testing solutions. Its Multitest business designs and manufactures products used in the testing of integrated circuits including test handlers and test contactors.

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