GigPeak Company Profile (AMEX:GIG)

About GigPeak (GIG)

GigPeak logoGigPeak, Inc., formerly GigOptix, Inc. is a semiconductor designer, developer and supplier of a range of analog, digital and mixed signal components to enable information streaming over the telecom networks, datacom infrastructure and consumer electronics links. The Company's business is made up of two product lines: High-Speed Communications (HSC) product line and Industrial product line. The Company's product portfolio provides solutions in markets, such as fiber-optics telecom, wireless backhaul, data communication and consumer electronics, mil-aero, instrumentation and medical equipment for applications, such as linecards and transponders, active optical cables and pluggables, point-to-point wireless radios, military electronic warfare systems, avionics electronics, global positioning system (GPS) systems and diverse medical equipment, such as ultrasound imaging, X-Ray, magnetic resonance imaging (MRI), computed tomography (CT) scan and defibrillators.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: AMEX
  • Symbol: GIG
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $3.07
  • 50 Day Moving Average: $3.07
  • 200 Day Moving Average: $2.75
  • 52-Week Range: $1.63 - $3.11
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.23
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 2.06

Analyst Ratings

Consensus Ratings for GigPeak (AMEX:GIG) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $3.88

Analysts' Ratings History for GigPeak (AMEX:GIG)
DateFirmActionRatingPrice TargetDetails
2/14/2017Craig HallumDowngradeBuy -> HoldView Rating Details
2/14/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformView Rating Details
1/17/2017Cowen and CompanyBoost Price TargetOutperform$3.50 -> $4.00View Rating Details
10/18/2016Needham & Company LLCReiterated RatingBuy$3.50View Rating Details
7/25/2016B. RileyReiterated RatingBuy$4.50View Rating Details
4/19/2016Sterne Agee CRTReiterated RatingBuy$4.35View Rating Details
4/19/2016Roth CapitalLower Price TargetBuy$7.00 -> $6.00View Rating Details
3/9/2016Ladenburg Thalmann Financial ServicesInitiated CoverageBuy$3.20View Rating Details
1/5/2016Barrington ResearchBoost Price TargetOutperform$2.80 -> $4.00View Rating Details
12/15/2015Northland SecuritiesReiterated RatingOutperform$3.00 -> $3.80View Rating Details
(Data available from 4/24/2015 forward)


Earnings History for GigPeak (AMEX:GIG)
Earnings by Quarter for GigPeak (AMEX:GIG)
Earnings History by Quarter for GigPeak (AMEX:GIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/13/201712/31/2016$0.04$0.03$16.17 million$16.22 millionViewListenView Earnings Details
1/17/2017Q416$0.05$0.05$16.20 millionViewN/AView Earnings Details
10/17/2016Q316$0.04$0.05$15.52 million$15.80 millionViewListenView Earnings Details
7/25/2016Q216$0.04$0.05$15.21 million$15.40 millionViewListenView Earnings Details
4/18/2016Q116$0.04$0.05$11.14 million$11.40 millionViewListenView Earnings Details
2/8/2016Q4$0.05$0.05$11.10 million$11.10 millionViewListenView Earnings Details
10/19/2015Q315$0.02$0.06$10.31 million$10.40 millionViewListenView Earnings Details
7/27/2015Q215$0.03$0.06$9.70 million$9.84 millionViewListenView Earnings Details
4/27/2015Q115($0.01)$0.02$8.71 million$9.10 millionViewListenView Earnings Details
2/9/2015Q414$0.02$0.03$8.70 million$9.00 millionViewListenView Earnings Details
10/27/2014Q3($0.04)($0.01)$8.30 million$8.50 millionViewListenView Earnings Details
7/28/2014Q2($0.04)$0.01$7.70 million$8.00 millionViewListenView Earnings Details
10/28/2013Q313($0.03)$10.10 million$7.30 millionViewListenView Earnings Details
5/9/2013Q1 2013($0.04)ViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for GigPeak (AMEX:GIG)
2017 EPS Consensus Estimate: $0.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.02$0.03$0.03
Q2 20172$0.03$0.04$0.04
Q3 20172$0.04$0.04$0.04
Q4 20172$0.05$0.05$0.05
(Data provided by Zacks Investment Research)


Dividend History for GigPeak (AMEX:GIG)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for GigPeak (AMEX:GIG)
Insider Trades by Quarter for GigPeak (AMEX:GIG)
Institutional Ownership by Quarter for GigPeak (AMEX:GIG)
Insider Trades by Quarter for GigPeak (AMEX:GIG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/10/2016Andrea Betti-BeruttoInsiderSell67,778$2.00$135,556.00View SEC Filing  
6/10/2016Avi S KatzCEOSell410,000$2.00$820,000.00View SEC Filing  
6/10/2016Darren MaCFOSell25,000$2.00$50,000.00View SEC Filing  
6/10/2016Kimberly D C TrappDirectorSell15,000$2.00$30,000.00View SEC Filing  
6/10/2016Raluca DinuCOOSell54,000$2.00$108,000.00View SEC Filing  
2/12/2016Kimberly D C TrappDirectorSell30,000$2.11$63,300.00View SEC Filing  
11/20/2015John J. MikulskyDirectorSell40,000$2.28$91,200.00View SEC Filing  
8/21/2015Andrea Betti-BeruttoInsiderSell27,000$1.70$45,900.00View SEC Filing  
8/21/2015Avi S KatzCEOSell250,000$1.70$425,000.00View SEC Filing  
8/21/2015John J MikulskyDirectorSell5,000$1.70$8,500.00View SEC Filing  
5/14/2015John J MikulskyDirectorSell5,000$1.51$7,550.00View SEC Filing  
5/12/2015Raluca DinuSVPSell21,594$1.49$32,175.06View SEC Filing  
3/5/2015Avi S KatzCEOSell46,264$1.36$62,919.04View SEC Filing  
3/5/2015Neil MiottoDirectorSell23,000$1.29$29,670.00View SEC Filing  
3/4/2015Kimberly D C TrappDirectorSell35,000$1.34$46,900.00View SEC Filing  
12/3/2014Raluca DinuSVPSell23,000$1.15$26,450.00View SEC Filing  
8/6/2014Frank SchneiderDirectorSell34,000$1.32$44,880.00View SEC Filing  
5/31/2013Andrea Betti-BeruttoInsiderSell37,273$1.67$62,245.91View SEC Filing  
8/28/2012Neil MiottoDirectorBuy3,000$2.20$6,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for GigPeak (AMEX:GIG)
Latest Headlines for GigPeak (AMEX:GIG)
DateHeadline logoGigPeak (GIG) Earning Somewhat Critical News Coverage, Analysis Shows - April 21 at 1:26 PM logoGigPeak (GIG) Given Daily Media Impact Score of 0.16 - April 15 at 12:57 PM logoGigPeak Inc (GIG) to Release Quarterly Earnings on Monday - April 14 at 9:26 PM logoForm 25-NSE GigPeak, Inc. Filed by: NYSE MKT LLC - - April 12 at 9:44 AM logoIntegrated Device Technology, Inc. Announces Acceptance of Shares Tendered Into Offer for GigPeak, Inc. - April 7 at 10:02 AM logoGigPeak to Demonstrate Industry-First Encoding Solution at NAB 2017 - March 30 at 5:49 PM logoSHAREHOLDER ALERT: Rigrodsky & Long, PA Files Class Action Suit Against GigPeak, Inc. - GlobeNewswire (press release) - March 29 at 5:55 PM logoGIGPEAK, INC. Financials - March 24 at 5:33 PM logoGigPeak Announces Introduction of Complete 200Gbps Chipset Ethernet Product Portfolio for Short Reach and Long Reach Datacenter Applications - March 21 at 5:33 PM logoGigPeak to Showcase Leadership in 100G PSM4, CWDM4, and LR4 for Datacom Connectivity with Live Demo at OFC 2017 - March 20 at 7:18 PM logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of GigPeak, Inc. - GIG - March 5 at 11:18 AM logoBRIEF-Gardner Lewis Asset Management reports 8.6 pct stake in GigPeak - February 27 at 7:07 PM logoBRIEF-Gigpeak Q4 non-gaap EPS $0.02 - February 13 at 11:18 PM logoGigPeak Reports Record Financial Performance for the Fourth Quarter and Fiscal Year 2016 and Enters Into a Definitive Agreement to Be Acquired in an All Cash Transaction by ... - February 13 at 11:18 PM logoGigPeak Jumps 12% on IDT Buyout Offer at $3.08/Sh Cash - February 13 at 11:18 PM logoIDT to Acquire GigPeak for $3.08 per Share - February 13 at 6:17 PM logo4:16 pm GigPeak to be acquired by Integrated Device Technology (IDTI) for $3.08/share, or approximately $250 mln - February 13 at 6:17 PM logoGigPeak Reports Record Financial Performance for the Fourth Quarter and Fiscal Year 2016 and Enters Into a Definitive Agreement to Be Acquired in an All Cash Transaction by Integrated Device Technology, Inc. - February 13 at 6:17 PM logoIDT Inc. to buy GigPeak Inc. for $250 million all-cash deal - February 13 at 6:17 PM logoGigPeak Announces Record Fourth Quarter and Fiscal Year 2016 Preliminary Financial Results - January 17 at 3:21 PM logoGIGPEAK, INC. Files SEC form 8-K, Results of Operations and Financial Condition - January 17 at 3:21 PM logo9:08 am GigPeak reports EPS in-line, revs in-line - January 17 at 3:21 PM logoGigPeak to Present at Upcoming Investor Conferences - November 29 at 5:02 PM logoGIGPEAK, INC. Files SEC form 8-K, Other Events - November 29 at 5:02 PM logoWhy GigPeak (GIG) Could Shock the Market Soon - November 9 at 10:28 AM logoAfter-Hours Stock Movers 10/17: (NFLX) (RECN) (TACO) Higher; (BMI) (NKTR) (IBM) Lower (more...) - October 18 at 5:08 PM logoGigOptix (GIG) Announces Offering of Newly Issued Common Stock; Selling Stockholders to Offer 1.18M Shares - June 10 at 5:52 AM logoGigPeak (GIG) Looks Good: Stock Adds 5.2% in Session - May 24 at 2:59 AM logoGigPeak to Present at Upcoming Investors Conferences - May 16 at 9:00 AM logoIs GigPeak (GIG) a Great Growth Stock? - April 21 at 9:01 AM logoGigOptix tops Street 1Q forecasts - April 19 at 12:32 PM logoGigPeak: Company Of The Month - April 17 at 12:11 PM logoSynaptics (SYNA) Stock Surges 7% on Fresh Buyout Rumors - April 15 at 2:00 PM logoGIGPEAK INC Financials - April 12 at 1:04 PM logoGigOptix (GIG) Announces Completion of Magnum Semi Acquisition - April 7 at 12:52 PM logoToday's Bell Ringer, April 6, 2016 - April 6 at 9:21 AM logoGIGPEAK, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Dispositio - April 6 at 9:01 AM logoGigOptix, Inc. Completes Acquisition of Magnum Semiconductor, Inc. - April 6 at 9:00 AM logo[$$] GigOptix to Acquire Magnum Semiconductor for About $55M - April 5 at 10:08 AM logoGigOptix Acquisition of Magnum Semiconductor Call scheduled for 2:00 pm ET today - April 4 at 2:00 PM logoGIGOPTIX, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities - March 24 at 4:17 PM


Frequently Asked Questions for GigPeak (AMEX:GIG)

What is GigPeak's stock symbol?

GigPeak trades on the AMEX under the ticker symbol "GIG."

How were GigPeak's earnings last quarter?

GigPeak Inc (AMEX:GIG) announced its quarterly earnings results on Monday, February, 13th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $16.22 million for the quarter, compared to analysts' expectations of $16.17 million.

When will GigPeak make its next earnings announcement?

GigPeak is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

What guidance has GigPeak issued on next quarter's earnings?

GigPeak updated its fourth quarter earnings guidance on Monday, January, 4th. The company provided earnings per share guidance of $0.05 for the period, compared to the Thomson Reuters consensus estimate of $0.04. The company issued revenue guidance of $11.1 million, compared to the consensus revenue estimate of $10.77 million.

Where is GigPeak's stock going? Where will GigPeak's stock price be in 2017?

5 brokerages have issued twelve-month target prices for GigPeak's stock. Their forecasts range from $3.50 to $4.50. On average, they expect GigPeak's share price to reach $3.88 in the next twelve months.

Who owns GigPeak stock?

GigPeak's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Chevy Chase Trust Holdings Inc. (0.09%) and Nationwide Fund Advisors (0.00%). Company insiders that own GigPeak stock include Andrea Betti-Berutto, Avi S Katz, Darren Ma, John J Mikulsky, Kimberly D C Trapp and Raluca Dinu.

Who bought GigPeak stock? Who is buying GigPeak stock?

GigPeak's stock was acquired by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors.

How do I buy GigPeak stock?

Shares of GigPeak can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of GigPeak stock cost?

One share of GigPeak stock can currently be purchased for approximately $3.07.

This page was last updated on 4/24/2017 by Staff