SeekingAlpha  Sep 10  Comment 
By Esekla: Apple (NASDAQ:AAPL) has just announced their new product lineup, and already we can guess at some of the impact for InvenSense (NYSE:INVN). There are 3 important takeaways that I see: The new iPhones use OIS (optical image...
SeekingAlpha  Sep 3  Comment 
By Esekla: A sneak peak, supposedly of an Apple's (NASDAQ:AAPL) new iPhone6 circuit board has been released. The photos do NOT show InvenSense (NYSE:INVN) products, though it's assumed that the 6-axis gyro is in there somewhere. What it does show...
SeekingAlpha  Aug 29  Comment 
By Soid Ahmad: InvenSense (NYSE: INVN) is a technology company that belongs to the industry of semiconductor ICs. The company provides motion sensor and audio sensor solutions for consumer electronic devices such as smartphones, tablets and...
StreetInsider.com  Aug 25  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/Invensense+%28INVN%29+Announces+CFO+Transition/9780911.html for the full story.
Benzinga  Aug 18  Comment 
Analysts at Goldman Sachs downgraded InvenSense (NYSE: INVN) from Buy to Neutral. The target price for InvenSense is set to $25. InvenSense shares have surged 47.35% over the past 52 weeks, while the S&P 500 index has gained 18.77% in the same...
Benzinga  Aug 18  Comment 
SeekingAlpha  Aug 13  Comment 
By Matt Margolis: InvenSense (NYSE:INVN) was my first FORENSICS pick, originally released on June 5, 2014. The stock is up 28% since I initiated coverage at $19.40. During the last 10 weeks, INVN hit a peak return of...
SeekingAlpha  Aug 7  Comment 
By Renu Singh: Chipmaker InvenSense (NYSE:INVN) came out with solid first-quarter results, satisfying analysts' estimates on the bottom line and exceeding revenue estimates. However, it failed to top off its first-quarter performance with a solid...
SeekingAlpha  Aug 1  Comment 
By Shareholders Unite: We used to be InvenSense (NYSE:INVN) bulls for quite some time because InvenSense was (and still is) a very well run company, it operates in growth markets and it is slowly winning market share because they are pushing the...
SeekingAlpha  Jul 30  Comment 
By Stone Fox Capital: Despite a mixed quarterly report, InvenSense (NYSE:INVN) continues to trade near all-time highs. The provider of intelligent sensor solutions announced that revenues grew 19% to reach $66.7 million, while earnings declined to...
Benzinga  Jul 30  Comment 
In a report released Wednesday, Ascendiant analyst Cody Acree upgraded InvenSense (NYSE: INVN) to Buy. Ascendiant has a $29.00 price target on the company. Analysts at Ascendiant have high anticipations for InvenSense with its conducted...


InvenSense (NYSE:INVN) is a technology company which specializes in motion processing devices. They build the chips which are used in gaming devices, smartphones, tablets, video cameras, navigation devices, and other electronic equipment which detect, measure and analyze motion. InvenSense sells a range of processor which vary in degrees of motion it can detect. The company believes that motion detection will continue to expand into mobile devices, toys and game controllers.[1]

Business Overview

For the full year 2011, InvenSense's total revenue was $96.5M. This was an increase over the $79.6M announced in 2010. Net income for 2011 was $9.3M, a decrease from the $15.5M in 2010. The drop was caused largely by a rise in Selling, General & Administrative Expenses (SG&A).[2]

New Updates

The company's initial public offering of stock on the NYSE occurred on November 15, 2011. The company offered 10M shares each for $7.50. This was within the revised $7-$8.50 price range. The company had originally announced that it would sell 10.5M shares within a $8.50-$10.50 range. The deal raised a total of $75M. The lead mangers of the deal were Goldman and Morgan Stanley.[3]

Trends & Forces

Dependence on certain customers

InvenSense has historically received the majority of its revenue from Nintendo (NTDOY) through the sale of chips used in the Wii. A disruption to the Wii's strong sales would have a substantial impact on InvenSense. As a result, the company's performance will be dependent on its ability to transition to other industries or companies. This depends both on the growth of the market for motion sensing devices as well as the ability to develop relations with new companies.[4][5]

  1. INVN S-1?A 2011 PROSPECTUS SUMMARY "Overview" pp.1-2
  2. INVN S-1?A 2011 PROSPECTUS SUMMARY "Consolidated Statement of Operations Data" pp.8
  3. Renaissance Capital - IPO Home "Fabless chip supplier InvenSense prices IPO at $7.50, within the $7-$8.50 range" 15 Nov 2011
  4. Seeking Alpha - "IPO Preview: InvenSense Looks Like A Bargain" 17 Nov 2011
  5. INVN S-1?A 2011 PROSPECTUS SUMMARY "Risk Factors" p. 4
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