International Rectifier Corporation (NYSE:IRF), saw Director Robert S. Attiyeh raise his profile within the company. Attiyeh bought 12,000 shares of common stock at an average price of $18.62 per share. Following this move, Attiyeh now directly holds 45,393 shares in the company.
The International Rectifier Corporation (NYSE:IRF), is a $2.01 billion market cap company that designs, manufactures and markets power management semiconductors that are used in a variety of applications, such as automotive, industrial motors, consumer electronics, personal computers, household appliances, telecommunications, networking, display, servers, game stations, satellites and renewable Energy.
In addition, there is one hedge fund that has the most involvement with International Rectifier Corporation (NYSE:IRF). Royce & Associates, the fund managed by Chuck Royce, remains the corporation’s biggest hedge fund investor despite the fund reporting an 8% decrease in it’s holdings last quarter, as it now has 3,194,105 shares worth approximately $87.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.