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PORTLAND, OR—Aman Haley F, the Chief Financial Officer of Pixelworks , Inc. (NASDAQ:PXLW), recently executed a series of stock transactions, according to a Form 4 filing with the Securities and Exchange Commission. The micro-cap company, currently valued at $50.45 million, has seen its stock decline 68% over the past year, though it has shown strong momentum in recent months, according to InvestingPro data. On February 19, 2025, Haley sold a total of 48,854 shares of common stock. The shares were sold at a price of $0.8529 each, resulting in a total transaction value of approximately $41,667. The transaction comes as Pixelworks maintains a strong liquidity position with a current ratio of 4.18, though InvestingPro analysis indicates the company’s overall financial health score is currently weak.
The sales were executed to cover tax obligations resulting from performance-related restricted stock units that were released earlier on February 14, 2025. After these transactions, Haley retains direct ownership of 352,607 shares in the company. With the next earnings report scheduled for April 30, 2025, investors can access comprehensive insider trading analysis and 12 additional key insights through InvestingPro’s detailed research reports.
In other recent news, Pixelworks Inc. reported its fourth-quarter 2024 earnings, revealing a net loss of $0.07 per share, which was better than the expected loss of $0.09 per share. The company’s revenue for the quarter was $9.1 million, missing the anticipated $9.83 million. Despite the revenue shortfall, Pixelworks saw an increase in its gross profit margin, which improved by 350 basis points sequentially. Pixelworks continues to focus on its TrueCut Motion platform and mobile business as key growth drivers. Analysts have noted the company’s improved cost management, which contributed to the better-than-expected earnings per share. Looking ahead, Pixelworks anticipates first-quarter 2025 revenue between $7 million and $8 million, with a non-GAAP gross margin ranging from 49% to 51%. The company is also undergoing a strategic review process for its Shanghai subsidiary with the assistance of Morgan Stanley (NYSE:MS).
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