Cypress Semiconductor Co. (NASDAQ:CY) SVP Sudhir Gopalswamy sold 3,000 shares of Cypress Semiconductor stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $17.08, for a total value of $51,240.00. Following the transaction, the senior vice president now owns 65,445 shares in the company, valued at approximately $1,117,800.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Sudhir Gopalswamy also recently made the following trade(s):

  • On Monday, December 18th, Sudhir Gopalswamy sold 3,000 shares of Cypress Semiconductor stock. The stock was sold at an average price of $15.51, for a total value of $46,530.00.
  • On Thursday, November 16th, Sudhir Gopalswamy sold 3,000 shares of Cypress Semiconductor stock. The stock was sold at an average price of $16.60, for a total value of $49,800.00.

Cypress Semiconductor Co. (NASDAQ CY) traded down $0.17 during trading hours on Tuesday, reaching $16.90. The company’s stock had a trading volume of 5,320,000 shares, compared to its average volume of 6,060,000. Cypress Semiconductor Co. has a 12 month low of $10.99 and a 12 month high of $17.42. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.35 and a quick ratio of 0.92. The stock has a market capitalization of $5,640.00, a P/E ratio of -42.25, a P/E/G ratio of 1.96 and a beta of 2.01.

Cypress Semiconductor (NASDAQ:CY) last posted its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.04. The firm had revenue of $604.57 million for the quarter, compared to the consensus estimate of $602.16 million. Cypress Semiconductor had a positive return on equity of 9.01% and a negative net margin of 5.75%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. equities analysts expect that Cypress Semiconductor Co. will post 0.56 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 18th. Investors of record on Thursday, December 28th will be issued a $0.11 dividend. The ex-dividend date is Wednesday, December 27th. This represents a $0.44 annualized dividend and a dividend yield of 2.60%. Cypress Semiconductor’s dividend payout ratio is presently -110.00%.

A number of equities analysts recently commented on CY shares. BidaskClub upgraded Cypress Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 1st. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of Cypress Semiconductor in a research report on Monday, October 9th. Bank of America restated a “buy” rating on shares of Cypress Semiconductor in a research report on Sunday, October 1st. Zacks Investment Research downgraded Cypress Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, Craig Hallum restated a “buy” rating and issued a $21.00 target price on shares of Cypress Semiconductor in a research report on Tuesday, December 5th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $18.25.

Hedge funds have recently bought and sold shares of the stock. San Francisco Sentry Investment Group CA raised its holdings in shares of Cypress Semiconductor by 1,061.4% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 6,655 shares of the semiconductor company’s stock valued at $100,000 after buying an additional 6,082 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Cypress Semiconductor by 10.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,207 shares of the semiconductor company’s stock valued at $167,000 after buying an additional 1,156 shares during the period. ClariVest Asset Management LLC raised its holdings in shares of Cypress Semiconductor by 80.6% in the 3rd quarter. ClariVest Asset Management LLC now owns 12,321 shares of the semiconductor company’s stock valued at $185,000 after buying an additional 5,500 shares during the period. Nordea Investment Management AB raised its holdings in shares of Cypress Semiconductor by 80.6% in the 3rd quarter. Nordea Investment Management AB now owns 12,321 shares of the semiconductor company’s stock valued at $185,000 after buying an additional 5,500 shares during the period. Finally, Janus Henderson Group PLC purchased a new stake in shares of Cypress Semiconductor in the 3rd quarter valued at $204,000. Hedge funds and other institutional investors own 97.38% of the company’s stock.

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About Cypress Semiconductor

Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company’s segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD). MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions.

Insider Buying and Selling by Quarter for Cypress Semiconductor (NASDAQ:CY)

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