They now have a United States dollars 12 price target on the stock.
Other large investors have also modified their holdings of the company.
Tower Research Capital LLC (trc) added to its investment by buying 2,452 shares an increase of 174.8% in the quarter. Janney Montgomery Scott LLC divested its stake by shedding 61,731 shares a decrease of 65.4% in the quarter. Finally, Norges Bank purchased a new position in Cypress Semiconductor Corporation during the fourth quarter worth about $28,889,000. The value of the company's investment in MagnaChip Semiconductor Corpora decreased from $9,335,000 to $3,504,000 a change of 62.5% quarter over quarter.
Cypress Semiconductor Corporation (NASDAQ:CY) opened at 13.93 on Friday. The firm's 50 day moving average is $14.96 and its 200-day moving average is $14.89. The firm's market capitalization is $835.71 million. ON Semiconductor Corporation has a one year low of $9.65 and a one year high of $16.93.
Cypress Semiconductor Corporation (NASDAQ:CY) updated its third quarter earnings guidance on Thursday. The semiconductor company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.05.
07/11/2017 - Cypress Semiconductor Corporation had its " rating reiterated by analysts at KeyBanc. The firm had revenue of $593.80 million during the quarter, compared to analysts' expectations of $546.82 million. During the same quarter in the prior year, the firm earned ($0.01) EPS. The firm's quarterly revenue was up 11.6% compared to the same quarter previous year. Analysts expect that Cypress Semiconductor Corporation will post $0.72 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, July 20th. Shareholders of record on Thursday, June 29th were issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date of this dividend was Tuesday, June 27th. American International Group Inc. owned approximately 0.06% of Lattice Semiconductor Corporation worth $511,000 as of its most recent SEC filing. If you are viewing this article on another domain, it was stolen and reposted in violation of global copyright and trademark laws. The original version of this piece can be read at https://baseballnewssource.com/markets/on-semiconductor-corporation-nasdaqon-position-lowered-by-renaissance-technologies-llc-updated-updated-updated/1160500.html.More news: Google Pixel 2 leaked in rendered image, reveals thick bezels
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Float is the number of shares available for trading of a particular stock. Craig Hallum boosted their price target on shares of Cypress Semiconductor Corporation from $17.00 to $20.00 and gave the company a "buy" rating in a report on Friday.
Stock of Cypress Semiconductor Corporation (NASDAQ:CY) now have an ABR of 1.81.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell.
05/09/2017 - Stephens began new coverage on Cypress Semiconductor Corporation giving the company a " rating. Loop Capital reaffirmed a "buy" rating and set a $17.00 price target on shares of Cypress Semiconductor Corporation in a report on Friday. Needham & Company LLC lifted their target price on Cypress Semiconductor Corporation from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Friday, July 28th. July 29 investment analysts at Pacific Crest maintained a company rating of "Overweight" but raised the price target from $13.00 to $14.00. The stock was sold at an average price of $14.07, for a total transaction of $422,100.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
In other news, EVP William Hall sold 41,364 shares of the stock in a transaction that occurred on Monday, May 15th. Following the sale, the director now owns 89,997 shares of the company's stock, valued at approximately $1,197,860.07. The disclosure for this sale can be found here.
Nordstrom, Inc. (NYSE:JWN) stock reached a 1-year peak price of $62.82. Institutional investors own 95.17% of the company's stock.
MagnaChip Semiconductor Corporation is a designer and maker of analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Internet of Things applications. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure. Its programmable systems-on-chip, general-purpose microcontrollers, analog integrated circuits (ICs), wireless and Universal Serial Bus (USB)-C based connectivity solutions and memories help engineers design differentiated products.