Cypress Semiconductor Co. (NASDAQ:CY) CEO Hassane El-Khoury sold 4,300 shares of the company’s stock in a transaction that occurred on Wednesday, January 9th. The stock was sold at an average price of $13.00, for a total value of $55,900.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Hassane El-Khoury also recently made the following trade(s):

  • On Thursday, November 29th, Hassane El-Khoury sold 50,000 shares of Cypress Semiconductor stock. The stock was sold at an average price of $13.88, for a total value of $694,000.00.

Shares of NASDAQ:CY opened at $13.17 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 0.46. Cypress Semiconductor Co. has a one year low of $11.75 and a one year high of $18.87. The stock has a market cap of $4.76 billion, a P/E ratio of 21.95, a P/E/G ratio of 1.41 and a beta of 1.90.

Cypress Semiconductor (NASDAQ:CY) last posted its quarterly earnings data on Thursday, October 25th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03. Cypress Semiconductor had a return on equity of 21.26% and a net margin of 2.08%. The company had revenue of $673.04 million for the quarter, compared to the consensus estimate of $669.62 million. On average, equities analysts forecast that Cypress Semiconductor Co. will post 1.07 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 17th. Shareholders of record on Thursday, December 27th will be issued a dividend of $0.11 per share. The ex-dividend date is Wednesday, December 26th. This represents a $0.44 annualized dividend and a yield of 3.34%. Cypress Semiconductor’s dividend payout ratio is presently 73.33%.

Several research analysts have issued reports on CY shares. Piper Jaffray Companies set a $15.00 price objective on Cypress Semiconductor and gave the stock a “buy” rating in a research report on Friday, October 26th. BidaskClub cut Cypress Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. ValuEngine cut Cypress Semiconductor from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 24th. Craig Hallum dropped their price target on Cypress Semiconductor from $25.00 to $20.00 and set a “buy” rating for the company in a research report on Friday, October 26th. Finally, Zacks Investment Research cut Cypress Semiconductor from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. Cypress Semiconductor presently has a consensus rating of “Hold” and a consensus price target of $18.21.

A number of hedge funds have recently bought and sold shares of CY. Cerebellum GP LLC acquired a new position in shares of Cypress Semiconductor in the 4th quarter worth approximately $260,000. Vanguard Group Inc grew its position in shares of Cypress Semiconductor by 8.2% in the 3rd quarter. Vanguard Group Inc now owns 37,219,787 shares of the semiconductor company’s stock worth $539,316,000 after acquiring an additional 2,820,094 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Cypress Semiconductor by 8.2% in the 3rd quarter. Vanguard Group Inc. now owns 37,219,787 shares of the semiconductor company’s stock worth $539,316,000 after acquiring an additional 2,820,094 shares in the last quarter. Legal & General Group Plc grew its position in shares of Cypress Semiconductor by 2.1% in the 3rd quarter. Legal & General Group Plc now owns 465,914 shares of the semiconductor company’s stock worth $6,751,000 after acquiring an additional 9,760 shares in the last quarter. Finally, Teachers Advisors LLC grew its position in shares of Cypress Semiconductor by 13.8% in the 3rd quarter. Teachers Advisors LLC now owns 1,199,163 shares of the semiconductor company’s stock worth $17,376,000 after acquiring an additional 145,600 shares in the last quarter. Institutional investors own 83.44% of the company’s stock.

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About Cypress Semiconductor

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide. It operates in two segments, Microcontroller and Connectivity Division, and Memory Products Division. The Microcontroller and Connectivity Division provides microcontroller (MCU), analog, and wireless and wired connectivity solutions, including Traveo automotive MCUs; programmable system-on-chip and general-purpose MCUs; ARM Cortex-M4, -M3, and -M0+ MCUs; R4 CPUs; analog power management integrated circuits and energy harvesting solutions; CapSense capacitive-sensing controllers; TrueTouch touchscreens; Wi-Fi, Bluetooth, Bluetooth low energy, and ZigBee solutions; WICED development platform; and USB controllers comprising solutions for the USB-C and USB power delivery standards, as well as wireless Internet of things connectivity solutions.

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