ON Semiconductor Corp (ON) EVP Sells $632869.20 in Stock

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About 2.07 million shares traded. Deprince Race & Zollo Inc.'s holdings in Cypress Semiconductor were worth $29,931,000 at the end of the most recent reporting period. Finally, Cadence Capital Management LLC boosted its stake in ON Semiconductor Corp by 2.9% in the fourth quarter. IFP Advisors Inc now owns 7,614 shares of the semiconductor company's stock worth $105,000 after buying an additional 794 shares during the period. Nordea Investment Management AB increased its position in Cypress Semiconductor by 101.7% in the first quarter. ProVise Management Group LLC now owns 76,200 shares of the semiconductor company's stock worth $927,000 after buying an additional 15,000 shares in the last quarter. Cadence Capital Management LLC now owns 13,366 shares of the semiconductor company's stock valued at $171,000 after buying an additional 381 shares during the period. Finally, Wright Investors Service Inc. acquired a new position in shares of Cypress Semiconductor during the first quarter worth about $180,000.

Media coverage about Cypress Semiconductor (NASDAQ:CY) has trended somewhat positive on Wednesday, Alpha One Sentiment Analysis reports. (CY) opened at 13.89 on Wednesday.

Navidea Biopharmaceuticals, Inc (NYSE:NAVB) traded at an unexpectedly high level on 06/06/2017 when the stock experienced a -4.73% loss to a closing price of $0.52. The stock has a market cap of $6.77 billion, a price-to-earnings ratio of 30.94 and a beta of 1.96.

Cypress Semiconductor Corporation has a 50 day moving average of 13.69 and a 200 day moving average of 12.76.

Cypress Semiconductor (NASDAQ:CY) last announced its earnings results on Thursday, April 27th.

Cypress Semiconductor Corporation (CY) exchanged hands at an unexpectedly low level of 6.62 million shares over the course of the day. Cypress Semiconductor had a negative return on equity of 9.79% and a negative net margin of 7.64%. The business had revenue of $532 million during the quarter, compared to analyst estimates of $511.41 million. Next quarter's EPS is forecasted at $0.21 and the next full year EPS is projected to be $1.02.

On the other hand, Cypress Semiconductor Corporation by far traveled 54.23% versus a 1-year low price of $9.11.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 20th. The dividend payment will be $0.110 per share for the quarter which is $0.44 annualized. The ex-dividend date is Tuesday, June 27th. The dividend yield will be $3.16.

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Several analysts have recently issued reports on the stock.

03/29/2017 - Cypress Semiconductor Corporation had its "neutral" rating reiterated by analysts at Credit Suisse. Bank of America Corp reaffirmed a "buy" rating and issued a $16.00 price objective on shares of Cypress Semiconductor in a research note on Friday, March 3rd. Mizuho increased their target price on Cypress Semiconductor from $15.00 to $16.00 and gave the company a "buy" rating in a report on Thursday, March 30th. Drexel Hamilton downgraded ON Semiconductor Corp (NASDAQ:ON) on Friday, August 14 to "Hold" rating. The stock of ON Semiconductor Corp (NASDAQ:ON) has "Underperform" rating given on Tuesday, April 11 by Credit Suisse.

While looking at the Stock's Performance, Cypress Semiconductor Corporation now shows a Weekly Performance of 1.15%, where Monthly Performance is 4.46%, Quarterly performance is 5.16%, 6 Months performance is 30.94% and yearly performance percentage is 27.73%.

The market experts are predicting a 28.11% rally, based on the high target price ($18) for Cypress Semiconductor Corporation shares that is likely to be hit in the 52 weeks. The shares were purchased at an average price of $14.18. Following the sale, the director now owns 118,538 shares of the company's stock, valued at $1,680,868.84.

Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company's divisions include Microcontroller and Connectivity Division, and Memory Products Division (MPD).

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