The rating was initiated by Roth Capital on Thursday, September 1 with "Buy". A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. Current price level places the company's stock about -16.77% from the 52-week high and 43.43% away from the 52-week low. On additional rally, the share price will meet short term resistance at around $15.85. Barclays PLC raised shares of Cypress Semiconductor Corporation from an "equal weight" rating to an "overweight" rating in a research note on Friday, July 21st. The count of Hold ratings in that period was 10. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.00, which implies that analysts are generally neutral in their outlook for FDC over the next year. On Friday, January 27 the stock rating was maintained by Needham with "Buy". The company's 50-day moving average price is $18.14 and its 200 day moving average price is $15.94. The firm's market cap is $5.19 billion. ON Semiconductor Corporation has a 52-week low of $10.74 and a 52-week high of $19.82. The value of the investment in Cypress Semiconductor Corporati increased from $631,000 to $634,000 a change of $3,000 for the reporting period. After having $0.13 EPS previously, Cypress Semiconductor Corporation's analysts see 23.08% EPS growth. The company had revenue of $593.80 million during the quarter, compared to analysts' expectations of $546.82 million.
Shares of ON Semiconductor Corporation (NASDAQ:ON) opened at 19.71 on Thursday. Magnetar Financial LLC raised its stake in Cypress Semiconductor Corp.by 11.0% in the first quarter. Comparatively, CY posted earnings of $0.22 per share in the same quarter, a year earlier. Integral Derivatives Ltd Llc has invested 0.07% in Cypress Semiconductor Corporation (NASDAQ:CY).
ILLEGAL ACTIVITY NOTICE: This piece was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & worldwide copyright law. It is positive, as 30 investors sold CY shares while 88 reduced holdings. The stock was sold at an average price of $19.62, for a total value of $392,400.00. Following the sale, the director now directly owns 65,256 shares of the company's stock, valued at approximately $918,151.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The Company is also involved in the design and manufacture of semiconductor masks. The company has an average rating of "Buy" and an average target price of $19.24. Following the completion of the sale, the executive vice president now directly owns 302,657 shares in the company, valued at $4,267,463.70. The disclosure for this sale can be found here. Finally, Needham & Company LLC reiterated a "buy" rating and set a $25.00 target price on shares of ON Semiconductor Corporation in a research note on Monday, September 11th.
According to Finviz reported data, The SMA20 of the stock is at 3.07 percent, SMA50 is 9.59 percent, while SMA200 is 15.11 percent.
Southwest Airlines Company (LUV) Ownership Up in Latest Report from Exane Derivatives
Cheniere Energy, Inc. (LNG) exchanged hands at an unexpectedly high level of 3.73 million shares over the course of the day. It dropped, as 48 investors sold LUV shares while 291 reduced holdings. 94 funds opened positions while 186 raised stakes.
Several hedge funds have recently added to or reduced their stakes in the company. Shares are now up over the past year, outperforming the broad market by -100% and outperformed a peer group of similar companies by 24%.
Institutional investors now hold around $8.78 billion or 0% in ON stock.
Global X Management Co Llc increased Cypress Semiconductor Corp (CY) stake by 31.64% reported in 2017Q2 SEC filing. Piedmont Investment Advisors LLC grew its position in ON Semiconductor Corporation by 118.9% during the 2nd quarter. Finally, Prudential Financial Inc. grew its position in shares of ON Semiconductor Corporation by 898.9% during the 1st quarter. Wellington Management Group LLP grew its position in shares of ON Semiconductor Corporation by 234.5% during the 1st quarter. Alliancebernstein L.P. now owns 8,959,470 shares of the semiconductor company's stock worth $122,297,000 after acquiring an additional 380,718 shares during the period. Semiconductor Manufacturing International Corporation had a return on equity of 5.63% and a net margin of 10.33%. The Company's segments include Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions.
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