Economy

ON Semiconductor Corporation (NASDAQ:ON) Position Reduced by Skylands Capital LLC

The firm owned 180,307 shares of the company's stock after selling 1,719 shares during the period. Turning back to this stock, ON Semiconductor Corporation approaches the first support point just current price at $17.38.

Other institutional investors also recently made changes to their positions in the company. Piedmont Investment Advisors LLC boosted its position in ON Semiconductor Corporation by 118.9% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 214,714 shares of the semiconductor company's stock worth $2,954,000 after acquiring an additional 44,698 shares in the last quarter.

Herndon Capital Management Llc decreased Philip Morris Intl Inc (NYSE:PM) stake by 10,433 shares to 141,488 valued at $16.62M in 2017Q2. UBS Group AG raised its stake in shares of ON Semiconductor Corp.by 55.9% in the first quarter. Bank of Montreal Can boosted its stake in ON Semiconductor Corporation by 93.2% in the second quarter. Finally, Thompson Davis & CO. $15.53's average target is -0.26% below currents $15.57 stock price. The stock is now moving above its 20-Day Simple Moving Average of 8.01% with a 50-Day Simple Moving Average of 17.47 percent. Td Asset Mgmt Inc owns 0.07% invested in Cypress Semiconductor Corporation (NASDAQ:CY) for 3.13 million shares. Almost 3.76 million shares were traded by the close, higher than its average daily volume of 2.92 million shares. The firm's 50 day moving average price is $18.91 and its 200-day moving average price is $16.28.

Shares of Cypress Semiconductor Corporation (CY) traded down 2.40% during trading on Tuesday, reaching $15.48. Credit Suisse Group lifted their price target on ON Semiconductor Corporation from $13.50 to $14.50 and gave the company an "underperform" rating in a research note on Tuesday, August 8th. As of the last earnings report the EPS was $0.68 and is estimated to be $1.40 for the current year with 421,563,000 shares now outstanding. Revenue during the quarter was $604.57 million, representing 14% growth from $530.09 million in year-ago quarter. Cypress Semiconductor Corporation had a positive return on equity of 9.01% and a negative net margin of 5.75%. The firm's quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter previous year, the company earned $0.15 earnings per share. Moreover, Amalgamated Financial Bank has 0.03% invested in Cypress Semiconductor Corporation (NASDAQ:CY) for 64,899 shares. The ex-dividend date of this dividend was Wednesday, September 27th. Cypress Semiconductor Corporation's dividend payout ratio is -110.00%. 311.68 million shares or 3.13% more from 302.23 million shares in 2017Q1 were reported.

The stock received analysts' mean target price of $20.68. Loop Capital initiated Cypress Semiconductor Corporation (NASDAQ:CY) on Tuesday, December 6 with "Buy" rating.

The collective rating of 2.3 for Cypress Semiconductor Corporation (NASDAQ:CY) also leans strongly towards the neutral end of the spectrum. Through this figure traders can analyze that ON show whether or not a stock now most active and standing in buying side or sell side. The company presently has an average rating of "Buy" and a consensus target price of $13.67. However, the institutional investors are observed to own 99.69% of the total shares. The shares were sold at an average price of $17.00, for a total transaction of $170,000.00.

The company now has an insider ownership of 1.7 Percent and Institutional ownership of 0 Percent. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. An RSI above 70 is considered overbought and under 30 is considered oversold. The average 1-year price target for (VSTO) reveals an average price target of $24.79 per share. Jackson now owns $62,164,496 of stock as recorded in a recent Form 4 SEC filing. The disclosure for this purchase can be found here.

Vista Outdoor Inc. (NYSE:VSTO) has a market cap of $1.2 billion and over the last 12 months, VSTO has declined by -45.93%.

Cypress Semiconductor Corporation (NASDAQ:CY) last released its earnings results on Thursday, October 26th. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of US & worldwide trademark and copyright legislation.

Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions.

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