Economy

ON Semiconductor Corporation (:ON) Short Interest Update

Nordea Investment Management AB now owns 252,800 shares of the semiconductor company's stock valued at $4,669,000 after buying an additional 59,725 shares in the last quarter. Hodges Capital Management Inc.'s holdings in Cypress Semiconductor Corporation were worth $403,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of ON Semiconductor Corporation in the 1st quarter valued at $110,000. FMR LLC lifted its position in Cypress Semiconductor Corporation by 310.3% during the 2nd quarter. Alliancebernstein L.P. grew its position in shares of Cypress Semiconductor Corporation by 4.4% in the second quarter. State Street Corp lifted its position in Cypress Semiconductor Corporation by 3.4% during the 2nd quarter.

According to Cypress Semiconductor Corporation (CY) most recent 13F filing, the company has 49 new institutional holders - accounting for 7.57 million shares of its common stock.

Over the past 50 days, Cypress Semiconductor Corporation stock was 0.56% off of the high and 27.28% removed from the low.

In order to tell which way a stock is trending, the stock's share price should be compared to its moving average. The company has a current ratio of 1.97, a quick ratio of 1.29 and a debt-to-equity ratio of 1.20. The firm has 5.41% of total shares float short, yielding a short ratio of 3.77.

A number of equities research analysts have weighed in on the company.

ON Semiconductor Corp. (NASDAQ:ON) gross margin percentage stands at 34.3% while its operating margin for the past trailing twelve month is 10 percent and its overall profit margin (ttm) is 5.9 Percent. The stock stands almost -1.36% off versus the 52-week high and 69.85% away from the 52-week low. Loop Capital reaffirmed a "buy" rating and set a $17.00 price objective on shares of Cypress Semiconductor Corporation in a report on Friday, July 28th. The count of Hold ratings in that period was 1. Covering sell-side analysts are estimating company growth for next year to be 39.53%. The company presently has an average rating of "Buy" and an average price target of $17.67.

The consensus analysts recommendation at this point stands at 2.30 on this stock. The stock was sold at an average price of $16.78, for a total value of $33,560.00. The same analysts are predicting that the company shares will trade to $20.68 within the next 12-18 months. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Bernard Gutmann sold 20,000 shares of the stock in a transaction that occurred on Monday, October 16th. Finally, Craig Hallum lifted their price objective on Cypress Semiconductor Corporation from $17.00 to $20.00 and gave the stock a "buy" rating in a report on Friday, July 28th. Following the completion of the transaction, the executive vice president now owns 409,848 shares of the company's stock, valued at approximately $8,291,225.04. The disclosure for this purchase can be found here. In the last three months, insiders have sold 620,517 shares of company stock worth $12,041,308. Krilogy Financial LLC now owns 16,400 shares of the semiconductor company's stock worth $230,000 after acquiring an additional 450 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: "Karp Capital Management Corp Acquires 11,009 Shares of Cypress Semiconductor Corporation (NASDAQ:CY)" was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of US & worldwide copyright legislation. The correct version of this piece of content can be read at https://baseballnewssource.com/markets/on-semiconductor-corporation-on-rating-reiterated-by-mizuho/1762280.html.

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company's segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD). The Power Solutions Group offers a range of discrete, module and integrated semiconductor products. Robecosam AG now owns 833,600 shares of the semiconductor company's stock valued at $15,288,000 after buying an additional 224,600 shares in the last quarter.



Like this

Latest


11 November 2017
Stocks that can influence your investment: Mitsubishi UFJ Financial Group, Inc. (MTU)
( MTU ) maintained activity of 1.69 million shares that trade hands on average basis while its relative volume is 3.72. According to 1 analysts Mitsubishi Ufj Financial Group Inc (NYSE: MTU)'s price will reach at $8.12 during 52 weeks.

11 November 2017
Socceroos draw first leg in Honduras
Both flanks appeared the most likely outlets for a Socceroos opener, but there were fewer openings in the final half-hour. But the game deteriorated late, eventually fizzling out to a scoreless draw that helps Australia more than Honduras.

11 November 2017
Baidu, Inc. (NASDAQ:BIDU) Stock Rating Upgraded by Vetr Inc
The firm earned "Hold" rating on Monday, July 10 by Jefferies. (NYSE:IBM) on Tuesday, July 19 with "Neutral" rating. Bank of America Corp. reaffirmed a "sell" rating on shares of Baidu in a research report on Friday, September 30th.

11 November 2017
Bank of Nova Scotia Has $14.28 Million Position in Caterpillar, Inc. (CAT)
The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. They use historic price data to observe stock price patterns to predict the direction of that price going forward.

11 November 2017
Mass. Attorney General Files Appeal To Block Berkshire Museum Auction
The appeal alleges that Judge Agostini mishandled the earlier request for an injunction, which the AG filed last week. In the meantime, Sotheby's seems poised to begin auctioning the Berkshire Museum works as planned.

11 November 2017
Saskatoon man facing child porn related charges
A North Bay man has been charged with two counts of child pornography and making child pornography available online. Investigators reportedly identified a Saskatoon location where the offences were allegedly occurring.

11 November 2017
World Health Organization urges end to antibiotics use in healthy food-producing animals
Antibiotics should not be used in these animals for the objective of disease prevention without diagnosis, the directive says. There are those concerned increased use may create antibiotic resistant bacteria.

11 November 2017
Noble Energy To Divest Non-Core DJ Basin Acreage For $608 Mln
Robert Polak increased its stake in Noble Energy Inc ( NBL ) by 33.34% based on its latest 2017Q2 regulatory filing with the SEC. Noble Energy Inc . has a 12 month low of $22.99 and a 12 month high of $42.03. ( NBL ) moved 0.07% in the recent trading day.

11 November 2017
Colorado lawmaker accused of sexual harassment
Steve Lebsock made sexual advances toward her a year ago , and she says there are several others who have made similar claims. A female Colorado state lawmaker is going public with allegations that fellow lawmaker Rep.

11 November 2017
Ardern pushes for TPP talks
This year, Malaysia and New Zealand will be celebrating the 60th anniversary of their diplomatic ties. But if it fails to recover from its latest setback, Mr Parker isn't overly concerned. "Life goes on.



Recommended