Adeia (NASDAQ:ADEA – Get Free Report) will release its earnings data after the market closes on Tuesday, February 20th. Analysts expect Adeia to post earnings of $0.23 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Adeia Stock Performance
Shares of ADEA opened at $12.90 on Tuesday. The firm has a market cap of $1.38 billion, a PE ratio of 11.42 and a beta of 1.48. The stock’s fifty day moving average price is $11.74 and its two-hundred day moving average price is $10.41. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.68 and a quick ratio of 2.68. Adeia has a 1 year low of $7.12 and a 1 year high of $13.39.
Insider Activity at Adeia
In related news, insider Mark Kokes sold 20,487 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $9.91, for a total transaction of $203,026.17. Following the sale, the insider now directly owns 142,246 shares in the company, valued at approximately $1,409,657.86. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Adeia
Adeia Company Profile
Adeia Inc, together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company worldwide. The company licenses its innovations to media and semiconductor industries and companies under the Adeia brand. It licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers and social media companies; consumer electronics manufacturers, which includes smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices; and semiconductors, including sensors, radio frequency components, memory, and logic devices.
- Five stocks we like better than Adeia
- How to Analyze Restaurant Stocks
- 3 attractive stocks that insiders are buying
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Alpha and Omega Semiconductor ready to bounce, DOJ cloud lifts
- Pros And Cons Of Monthly Dividend Stocks
- Wendy’s vs Shake Shack: Out with the new, in with the old?
Receive News & Ratings for Adeia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adeia and related companies with MarketBeat.com's FREE daily email newsletter.