Cypress Semiconductor Co. (NASDAQ:CY) SVP Sudhir Gopalswamy sold 3,000 shares of the stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $15.51, for a total value of $46,530.00. Following the completion of the sale, the senior vice president now owns 68,445 shares of the company’s stock, valued at approximately $1,061,581.95. The transaction 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 Thursday, November 16th, Sudhir Gopalswamy sold 3,000 shares of Cypress Semiconductor stock. The shares were sold at an average price of $16.60, for a total value of $49,800.00.

Cypress Semiconductor Co. (NASDAQ:CY) opened at $15.76 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 0.92 and a debt-to-equity ratio of 0.60. Cypress Semiconductor Co. has a 1-year low of $10.99 and a 1-year high of $17.42. The company has a market capitalization of $5,260.00, a P/E ratio of 32.52, a price-to-earnings-growth ratio of 2.81 and a beta of 2.01.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 18th. Shareholders of record on Thursday, December 28th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Wednesday, December 27th. Cypress Semiconductor’s dividend payout ratio is presently -110.00%.

CY has been the subject of a number of analyst reports. BidaskClub raised Cypress Semiconductor from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. Craig Hallum reissued a “buy” rating and issued a $21.00 price target on shares of Cypress Semiconductor in a report on Tuesday, December 5th. Loop Capital reissued a “buy” rating and issued a $17.00 price target on shares of Cypress Semiconductor in a report on Tuesday, August 22nd. Susquehanna Bancshares initiated coverage on Cypress Semiconductor in a report on Wednesday, December 13th. They issued a “positive” rating and a $20.00 price target for the company. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of Cypress Semiconductor in a report on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Cypress Semiconductor has an average rating of “Buy” and a consensus target price of $18.04.

A number of large investors have recently added to or reduced their stakes in CY. San Francisco Sentry Investment Group CA lifted its holdings in Cypress Semiconductor by 1,061.4% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 6,655 shares of the semiconductor company’s stock worth $100,000 after buying an additional 6,082 shares during the last quarter. Ffcm LLC lifted its holdings in Cypress Semiconductor by 139.2% during the 2nd quarter. Ffcm LLC now owns 8,145 shares of the semiconductor company’s stock worth $109,000 after buying an additional 4,740 shares during the last quarter. IFP Advisors Inc lifted its holdings in Cypress Semiconductor by 13.3% during the 2nd quarter. IFP Advisors Inc now owns 8,628 shares of the semiconductor company’s stock worth $118,000 after buying an additional 1,014 shares during the last quarter. Thompson Davis & CO. Inc. lifted its holdings in Cypress Semiconductor by 45.6% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 10,119 shares of the semiconductor company’s stock worth $138,000 after buying an additional 3,169 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Cypress Semiconductor by 10.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,207 shares of the semiconductor company’s stock worth $167,000 after purchasing an additional 1,156 shares during the period. 97.37% of the stock is currently owned by institutional investors.

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Cypress Semiconductor 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 (NASDAQ:CY)

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