Cypress Semiconductor Corp (NASDAQ:CY) Institutional Investors Sentiment Index Flat in 2017 Q3

January 17, 2018 - By Ellis Scott

 Cypress Semiconductor Corp (NASDAQ:CY) Institutional Investors Sentiment Index Flat in  2017 Q3

Sentiment for Cypress Semiconductor Corp (NASDAQ:CY)

Cypress Semiconductor Corp (NASDAQ:CY) institutional sentiment decreased to 1.08 in 2017 Q3. Its down -0.42, from 1.5 in 2017Q2. The ratio has dropped, as 155 investment professionals increased and opened new equity positions, while 143 sold and reduced their equity positions in Cypress Semiconductor Corp. The investment professionals in our partner’s database now have: 313.76 million shares, up from 311.68 million shares in 2017Q2. Also, the number of investment professionals holding Cypress Semiconductor Corp in their top 10 equity positions increased from 2 to 5 for an increase of 3. Sold All: 34 Reduced: 109 Increased: 104 New Position: 51.

Cypress Semiconductor Corporation designs, develops, makes, markets, and sells embedded system solutions worldwide. The company has market cap of $5.64 billion. It operates in two divisions, Microcontroller and Connectivity Division and Memory Products Division. It currently has negative earnings. The Microcontroller and Connectivity Division provides microcontroller , analog, and wireless and wired connectivity solutions, including Traveo automotive MCUs; programmable system-on-chip MCUs; ARM Cortex-M4, -M3, and -M0+ MCUs; R4 CPUs; analog power management integrated circuits and energy harvesting solutions; CapSense capacitive-sensing controllers; TrueTouch touchscreen and fingerprint reader products; USB controllers comprising solutions for the USB-C and USB power delivery standards; and Wi-Fi, Bluetooth, Bluetooth low energy and ZigBee radios, and WICED development platforms for the Internet of things (IoT).

The stock decreased 1.00% or $0.17 during the last trading session, reaching $16.9. About 5.32 million shares traded. Cypress Semiconductor Corporation (NASDAQ:CY) has risen 39.45% since January 17, 2017 and is uptrending. It has outperformed by 22.75% the S&P500.

Analysts await Cypress Semiconductor Corporation (NASDAQ:CY) to report earnings on February, 1. They expect $0.18 EPS, up 200.00 % or $0.12 from last year’s $0.06 per share. CY’s profit will be $60.06 million for 23.47 P/E if the $0.18 EPS becomes a reality. After $0.21 actual EPS reported by Cypress Semiconductor Corporation for the previous quarter, Wall Street now forecasts -14.29 % negative EPS growth.

Robertson Opportunity Capital Llc holds 3.75% of its portfolio in Cypress Semiconductor Corporation for 435,000 shares. 1492 Capital Management Llc owns 202,653 shares or 2.69% of their US portfolio. Moreover, Reliant Investment Management Llc has 2.62% invested in the company for 207,650 shares. The Michigan-based Deroy & Devereaux Private Investment Counsel Inc has invested 2.61% in the stock. Advisors Capital Management Llc, a New Jersey-based fund reported 1.54 million shares.#img1#

Since January 1, 0001, it had 0 buys, and 4 insider sales for $5.18 million activity.

Cypress Semiconductor Corporation (NASDAQ:CY) Ratings Coverage

Ratings analysis reveals 67% of Cypress Semiconductor Corporation’s analysts are positive. Out of 21 Wall Street analysts rating Cypress Semiconductor Corporation, 14 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $8 while the high is $21. The stock’s average target of $16.24 is -3.91% below today’s ($16.9) share price. CY was included in 67 notes of analysts from August 31, 2015. The firm earned “Buy” rating on Thursday, October 26 by Mizuho. Barclays Capital downgraded Cypress Semiconductor Corporation (NASDAQ:CY) rating on Tuesday, October 18. Barclays Capital has “Equal Weight” rating and $11 target. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) earned “Buy” rating by Mizuho on Thursday, June 22. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has “Underweight” rating given on Thursday, March 30 by Morgan Stanley. The firm earned “Buy” rating on Friday, April 29 by Craig Hallum. Topeka Capital Markets maintained the stock with “Buy” rating in Friday, October 9 report. As per Wednesday, December 13, the company rating was maintained by Morgan Stanley. The firm earned “Neutral” rating on Monday, March 7 by SunTrust. Sterne Agee CRT initiated Cypress Semiconductor Corporation (NASDAQ:CY) on Wednesday, September 9 with “Buy” rating. The firm has “Buy” rating given on Tuesday, November 14 by Craig Hallum.

More recent Cypress Semiconductor Corporation (NASDAQ:CY) news were published by: Fool.com which released: “Why Cypress Semiconductor Corporation Stock Soared 33.2% in 2017” on January 10, 2018. Also Fool.com published the news titled: “Where Will Cypress Semiconductor Corporation Be in 5 Years?” on December 21, 2017. Nasdaq.com‘s news article titled: “Cypress Semiconductor Corporation (CY) Ex-Dividend Date Scheduled for December …” with publication date: December 26, 2017 was also an interesting one.

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