Media coverage about Cypress Semiconductor Corporation (NASDAQ:CY) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cypress Semiconductor Corporation earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 45.8999203193975 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the headlines that may have effected Accern’s scoring:

Cypress Semiconductor Corporation (NASDAQ:CY) opened at 15.70 on Friday. The firm’s market capitalization is $5.22 billion. Cypress Semiconductor Corporation has a 1-year low of $9.63 and a 1-year high of $16.11. The company has a 50-day moving average of $14.83 and a 200-day moving average of $14.00.

Cypress Semiconductor Corporation (NASDAQ:CY) last issued its earnings results on Thursday, July 27th. The semiconductor company reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.05. The business had revenue of $593.80 million for the quarter, compared to the consensus estimate of $546.82 million. Cypress Semiconductor Corporation had a negative net margin of 6.04% and a positive return on equity of 6.27%. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 earnings per share. On average, equities analysts predict that Cypress Semiconductor Corporation will post $0.80 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 19th. Investors of record on Thursday, September 28th were issued a dividend of $0.11 per share. The ex-dividend date was Wednesday, September 27th. This represents a $0.44 dividend on an annualized basis and a yield of 2.80%. Cypress Semiconductor Corporation’s payout ratio is -110.00%.

Several research analysts have commented on the stock. BidaskClub cut shares of Cypress Semiconductor Corporation from a “strong-buy” rating to a “buy” rating in a research report on Saturday. SunTrust Banks, Inc. restated a “buy” rating and issued a $19.00 target price on shares of Cypress Semiconductor Corporation in a research report on Thursday, October 12th. Loop Capital restated a “buy” rating and issued a $17.00 target price on shares of Cypress Semiconductor Corporation in a research report on Tuesday, August 22nd. KeyCorp reiterated an “overweight” rating on shares of Cypress Semiconductor Corporation in a report on Thursday, September 14th. Finally, Craig Hallum reiterated a “buy” rating and issued a $20.00 price objective on shares of Cypress Semiconductor Corporation in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $17.09.

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In other Cypress Semiconductor Corporation news, EVP Dana Nazarian sold 250,075 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $14.10, for a total value of $3,526,057.50. Following the transaction, the executive vice president now directly owns 302,657 shares in the company, valued at $4,267,463.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Camillo Martino acquired 10,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was bought at an average price of $12.92 per share, for a total transaction of $129,200.00. Following the completion of the acquisition, the director now owns 20,000 shares of the company’s stock, valued at $258,400. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 60,000 shares of company stock worth $834,100 and have sold 354,893 shares worth $5,128,037. 0.69% of the stock is currently owned by insiders.

Cypress Semiconductor Corporation Company Profile

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 Corporation (NASDAQ:CY)

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