Cypress Semiconductor Corporation (NASDAQ:CY) has climbed 0.09% in the past week and advanced 9.6% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.3% and the outperformance has advanced to 8.6% for the last 4 weeks period.
Cypress Semiconductor Corporation (NASDAQ:CY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.26 and $10.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.62, notching a gain of 3.21% for the day. The total traded volume was 12,729,132 . The stock had closed at $10.29 on the previous day.
The company shares have dropped -16.25% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $12.85 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.99 and the 200 Day Moving Average price is recorded at $8.95.
On the companys insider trading activities, The director, of Cypress Semiconductor Corp /De/, Bingham H Raymond had unloaded 15,000 shares at $10.58 per share in a transaction on June 1, 2016. The total value of transaction was $158,700. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. SunTrust Robinson Humphrey maintains their rating on the shares of Cypress Semiconductor Corporation (NASDAQ:CY). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $9 per share from $8.5 per share. The rating by the firm was issued on March 7, 2016. Currently the company Insiders own 6.33% of Cypress Semiconductor Corporation shares according to the proxy statements. Institutional Investors own 99.44% of Cypress Semiconductor Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 0.89%.
Cypress Semiconductor Corporation is a provider of mixed-signal programmable solutions. The Companys offerings include PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. It caters to markets, including industrial, mobile handsets, consumer, computation, data communications, automotive and military. The Company operates in four segments: Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. The Programmable Solutions Division designs and develops solutions for end-product manufacturers. The Memory Products Division designs and manufactures SRAM products and non-volatile RAMs (random access memories). The Data Communications Division focuses on solutions for industrial, handset and consumer applications. The Emerging Technologies Division consists of the Companys subsidiaries, AgigA Tech, Inc. and Deca Technologies, Inc.