CEVA IncCEVA
Market Cap: $545M
About: CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.
Employees: 424
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $42K | Put options by funds: $17K
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
3% more funds holding
Funds holding: 138 [Q1] → 142 (+4) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
1.16% less ownership
Funds ownership: 87.23% [Q1] → 86.07% (-1.16%) [Q2]
17% less capital invested
Capital invested by funds: $470M [Q1] → $391M (-$78.3M) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 51
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Oppenheimer Martin Yang 67% 1-year accuracy 18 / 27 met price target | 43%upside $33 | Outperform Maintained | 8 Aug 2024 |
Roth MKM Suji Desilva 51% 1-year accuracy 20 / 39 met price target | 8%upside $25 | Buy Upgraded | 8 Aug 2024 |