• Hoovers Logo
    Insightful information about industries, companies, and the people who lead them.

    Learn More.
  • CREE INC Profile

    Cree has created a name for itself in lights. Its blue, green, and near-ultraviolet light-emitting diodes (LEDs) -- made from silicon carbide (SiC) and gallium nitride (GaN) -- are used by companies in products such as dashboard lights, market tickers, and video screens, including the giant screen in New York's Times Square. Cree also sells SiC wafers, which yield semiconductors that work at higher temperatures and voltages than standard silicon devices, and SiC and GaN materials. Leading customers include Sumitomo (24% of sales), OSRAM, and Seoul Semiconductor (14%). Asia accounts for about three-fourths of sales.
    Charles M. Swoboda
    CEO
    4600 Silicon Dr.

    Durham, NC 27703

    http://www.cree.com

    Phone: 919-313-5300

    Fax: 919-313-5558
    Sector: Technology Industry: Electronics
  • 2007 Sales 2007 Sales Growth 2007 Net Income Employees
    $394,100,000 -6.8% $57,300,000
  • Key Executives: CREE

    Name Title Officer Since
    Charles M. Swoboda CEO 10/1/00
    John T. Kurtzweil CFO -
    John W. Palmour, Ph.D. Executive VP 10/1/95
    Harvey A. Wagner Director 2/1/04
    Michael E. McDevitt Other Corporate Officer -
    Robert C. Glass, Ph.D. Divisional Vice President -
    Dr.Robert J. Potter, Ph.D. Other Corporate Officer -
    James E. Dykes Director 1/1/92
  • Top Competitors: CREE

  • Insider Trends: CREE

    Sentiment for CREE is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: CREE

    Date Name Shares Transaction Type Market Value
    06/26/08 VON ARX DOLPH WILLIAM 6,000 Exercise of Stock Options $22,875.00
    05/29/08 VON ARX DOLPH WILLIAM 27,500 Sale $681,545.00
    05/23/08 SHARON VON ARX LIVING TRUST 27,500 Planned Sale $687,500.00
  • Ownership Breakdown : CREE

    Large Block Holder Type Number  
    Institutions 267.00
     
    Mutual Fund 362.00
    Other Major 13.00
  • Short Interest Volume: CREE

    Data as of 6/25/08
    Current Short Interest Shares 301.99 M
    Current Short Interest Ratio 20.00
    Float 87.86 M
    Short Interest as % of Float 29.10
    Average Daily Volume 1.33 M
    Outstanding Shares 89.67 M