Fairchild Semiconductor Intl Inc (FCS) : Tig Advisors reduced its stake in Fairchild Semiconductor Intl Inc by 54.29% during the most recent quarter end. The investment management company now holds a total of 1,965,981 shares of Fairchild Semiconductor Intl Inc which is valued at $38,896,934 after selling 2,334,673 shares in Fairchild Semiconductor Intl Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Fairchild Semiconductor Intl Inc makes up approximately 4.94% of Tig Advisors’s portfolio.
Other Hedge Funds, Including , Laurion Capital Management Lp sold out all of its stake in FCS during the most recent quarter. The investment firm sold 19,669 shares of FCS which is valued $389,151.Aperio Group boosted its stake in FCS in the latest quarter, The investment management firm added 6,391 additional shares and now holds a total of 19,002 shares of Fairchild Semiconductor Intl Inc which is valued at $375,955. Checchi Capital Advisers sold out all of its stake in FCS during the most recent quarter. The investment firm sold 827 shares of FCS which is valued $16,317.
Fairchild Semiconductor Intl Inc opened for trading at $19.9 and hit $19.93 on the upside on Thursday, eventually ending the session at $19.91, with a gain of 0.05% or 0.01 points. The heightened volatility saw the trading volume jump to 10,74,632 shares. Company has a market cap of $2,286 M.
On the company’s financial health, Fairchild Semiconductor Intl Inc reported $0.10 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus of $0.14. The company had revenue of $327.00 million for the quarter, compared to analysts expectations of $323.59 million. The company’s revenue was down -8.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.
Fairchild Semiconductor International Inc. is focused on developing manufacturing and selling power management solutions. The Company is engaged in power analog and design as well as packaging. It also makes non-power semiconductor and micro-electro-mechanical systems (MEMS)-based solutions. Its products are used in various end market applications including industrial home appliance automotive mobile server and cloud computing lighting and consumer electronics. It develops a range of power and signal path products for industrial appliance cloud computing and automotive applications. The Company’s segments include Mobile Computing Consumer and Communication (MCCC); Power Conversion Industrial and Automotive (PCIA) and Standard Discrete and Standard Linear (SDT).