Cypress Semiconductor Corporation (NASDAQ:CY) trading capacity remained 4.49 million shares during the last session. On a consensus basis, analysts have given a recommendation of 2.30 on company shares.
Relative strength index (RSI-14) for Cypress Semiconductor Corporation (CY) is at 73.07.
A number of other equities research analysts have also recently issued reports on CY. Eagle Asset Inc has invested 0.08% in Cypress Semiconductor Corporation (NASDAQ:CY). Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Ffcm LLC grew its holdings in shares of Cypress Semiconductor Corporation by 139.2% during the second quarter.
Cypress Semiconductor Corporation (NASDAQ:CY) ended its day at $15.99 with the rising stream of 0.31% and its total traded volume was 4.49 million shares less than the average volume. Miller Howard Investments Inc. The lowest price the stock reached in the last trading day was $15.41 and compares with the $14.35 52-week low. JPMorgan Chase & Co. lifted its holdings in shares of Cypress Semiconductor Corporation by 247.2% during the second quarter. ClariVest Asset Management LLC now owns 9,121 shares of the semiconductor company's stock valued at $126,000 after purchasing an additional 4,600 shares in the last quarter. The brokerage now has a $20.00 target price on the semiconductor company's stock.
Institutional investors and hedge funds have recently made changes to their positions in the business. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) earned "Neutral" rating by SunTrust on Thursday, January 14. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.05. Marathon Mngmt has invested 1.2% in Cypress Semiconductor Corporation (NASDAQ:CY). The firm had revenue of $593.80 million for the quarter, compared to analyst estimates of $546.82 million. During the same period in the prior year, the firm posted $0.13 earnings per share. Total debt to equity ratio of the company for most recent quarter is 0.65 while Long term debt to equity ratio for same time period is 0.63. Shareholders of record on Thursday, September 28th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 2.75%. The ex-dividend date of this dividend is Wednesday, September 27th. Cypress Semiconductor Corporation's dividend payout ratio is now -110.00%.
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In other news, EVP Dana Nazarian sold 250,075 shares of the stock in a transaction that occurred on Friday, August 4th. Following the completion of the sale, the executive vice president now directly owns 302,657 shares in the company, valued at approximately $4,267,463.70.
Avalon Advisors Llc increased its stake in Cypress Semiconductor Com (CY) by 797.44% based on its latest 2017Q2 regulatory filing with the SEC. Paul Anthony Mascarenas, Director let go of $171,563 worth of shares at an average price of $18.30 on September 28th. Company insiders own 0.69% of the company's stock. The disclosure for this purchase can be found here. The stock spiked 12.92% last month and is up 39.77 this year. Institutional investors and hedge funds own 97.06% of the company's stock. Analysts have placed a $17.55 price target on Cypress Semiconductor Corporation, suggesting a 9.76% gain from recent close. Bank of America Corporation restated a buy rating on shares of Cypress Semiconductor Corporation in a report on Sunday, October 1st. Arizona State Retirement reported 0.03% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). Finally, Craig Hallum reiterated a buy rating and issued a $20.00 price target on shares of Cypress Semiconductor Corporation in a research report on Thursday, August 31st. Finally, Needham & Company LLC restated a "buy" rating and set a $20.00 price objective on shares of Cypress Semiconductor Corporation in a research report on Monday, September 18th.