Economy

Firms & Funds Favorite: Cypress Semiconductor Corporation (NASDAQ:CY)

Firms & Funds Favorite: Cypress Semiconductor Corporation (NASDAQ:CY)”

More notable recent Cypress Semiconductor Corporation (NASDAQ:CY) news were published by: Seekingalpha.com which released: "Cypress Semi announces new IoT solution, board member appointment" on September 25, 2017, also Nasdaq.com with their article: "Cypress Semiconductor Corporation (CY) Ex-Dividend Date Scheduled for ..." published on September 26, 2017, Fool.com published: "Better Buy: Advanced Micro Devices Inc. vs. Cypress Semiconductor Corp." on September 19, 2017. The firm bought 69,625 shares of the semiconductor company's stock, valued at approximately $950,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cypress Semiconductor Corporation now has a consensus rating of "Buy" and a consensus price target of $16.75. Capstone Asset Management grew its holdings in stocks of Cypress Semiconductor Corporation by 0.8% in the Fiscal Q2. Envestnet Asset Management holds 0% or 57,585 shares.

Other big clients lately purchased and unloaded stocks of the company. Teacher Retirement System of Texas increased its position in Cypress Semiconductor Corporation by 4.0% in the second quarter. Private Advisor Group LLC now owns 17,305 shares of the semiconductor company's stock worth $237,000 after acquiring an additional 5,818 shares during the last quarter. Finally, Independence Advisors LLC acquired a new position in Cypress Semiconductor Corporation during the 2nd quarter worth $506,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS has an ownership of 48,079 stocks of the semiconductor firms shares valued at $656,000 following purchasing an extra 182 shares through out the quarter.

Several equities analysts have recently weighed in on the company. BidaskClub upgraded shares of Cypress Semiconductor Corporation from a "hold" rating to a "buy" rating in a report on Thursday, September 21st. The legal version of this report can be viewed at https://weekherald.com/2017/09/26/cypress-semiconductor-corporations-cy-buy-rating-reaffirmed-at-needham-company-llc.html. Cypress Semiconductor Corp (CY)'s Williams Percent Range or 14 day Williams %R now sits at -41.01. Finally, Bank of America Corporation restated a buy rating and issued a $18.00 price target on shares of Cypress Semiconductor Corporation in a research report on Thursday, May 25th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating to the company's stock. The daily trading volume average remained 6.11 million shares over the course of 3 months. Following the transaction, the executive vice president now owns 302,657 shares in the company, valued at approximately $4,267,463.70. The information was declared in a document with the securities and exchange commission, which is available at this hyperlink. The stock was acquired at an average price of $14.37 per share, with a total value of $431,100.00. Over the last quarter, insiders sold 65,455 shares of company stock worth $889,790. Nordea Investment Management AB lifted its position in Cypress Semiconductor Corporation by 101.7% during the 1st quarter. If you are accessing this news story on another domain, it was stolen and reposted in violation of US and worldwide copyright and trademark law.

Recent trading patterns in the stock of ON Semiconductor Corporation (NASDAQ:ON) have investors on high alert. Shares are now up over the past year, outperforming the broad market by -100% and outperformed a peer group of similar companies by 103%.

ON Semiconductor Corp. (NASDAQ:ON) touched its 1-Year High price of $18.00 on 09/25/17 and its 1-Year Low price of $10.74 on 11/07/16. The stock's 50 day SMA price is $13.74 and the 200 day SMA is $13.78. Cypress Semiconductor Corporation (CY) has made its way to a 12-month gain of 20.29%. The company's quarterly EPS surprised Wall Street by as much as 31% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Cypress Semiconductor Corporation had a positive return on equity of 6.27% and a negative net margin of 6.04%.

Analysts believe that the company has the potential to earn average revenue of $1.37 Billion for the current quarter. If the published price targets set by Cypress Semiconductor Corporation analysts have any power to influence the stock's share price, the highest price target set for CY is $20.

Analysts expect ON Semiconductor Corporation (ON) to generate earnings per share of $1.39 in 2017. Investors of record on Thursday, March 30th will be given a $0.11 dividend. The ex-dividend date is Wednesday, September 27th. Td Asset Mngmt Incorporated invested in 0.07% or 3.13M shares. The Return on Investment (ROI) ratio of ON Semiconductor Corp. The Company's divisions include Microcontroller and Connectivity Division, and Memory Products Division (MPD). MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions.



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