Could Cypress Semiconductor Corporation (NASDAQ:CY) See a Reversal After More Sellers Came In?

Cypress Semiconductor Corporation (NASDAQ:CY) Logo

Investors sentiment increased to 1.35 in Q3 2018. Its up 0.25, from 1.1 in 2018Q2. It is positive, as 28 investors sold Cypress Semiconductor Corporation shares while 105 reduced holdings. 65 funds opened positions while 114 raised stakes. 287.86 million shares or 0.87% more from 285.37 million shares in 2018Q2 were reported.
Eaton Vance Management, a Massachusetts-based fund reported 253,372 shares. 43,221 were accumulated by Etrade Capital Lc. Calamos Advsrs holds 0% or 20,770 shares in its portfolio. Hsbc Public Limited Liability Company has invested 0.02% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). Assetmark reported 0% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). Hudson Bay Mgmt Lp holds 151,413 shares or 0.03% of its portfolio. James Invest Rech accumulated 0.08% or 133,180 shares. The Switzerland-based Robecosam Ag has invested 1.63% in Cypress Semiconductor Corporation (NASDAQ:CY). Ubs Oconnor Ltd Company reported 535,725 shares. Chase Counsel Corp holds 0.39% in Cypress Semiconductor Corporation (NASDAQ:CY) or 52,536 shares. Capital Rech Global Investors accumulated 2.80 million shares. Brinker holds 0.06% or 112,313 shares in its portfolio. Bankshares Of America De holds 9.75M shares or 0.02% of its portfolio. State Teachers Retirement Systems stated it has 381,627 shares or 0.01% of all its holdings. Hanson Mcclain holds 0% in Cypress Semiconductor Corporation (NASDAQ:CY) or 493 shares.

Since July 21, 2018, it had 1 buying transaction, and 6 sales for $842,125 activity. Another trade for 5,000 shares valued at $64,000 was bought by MARTINO CAMILLO. Shares for $693,920 were sold by El-Khoury Hassane on Wednesday, November 28.

The stock of Cypress Semiconductor Corporation (NASDAQ:CY) registered an increase of 2.02% in short interest. CY’s total short interest was 22.17 million shares in January as published by FINRA. Its up 2.02% from 21.73 million shares, reported previously. With 4.43 million shares average volume, it will take short sellers 5 days to cover their CY’s short positions.

The stock increased 0.84% or $0.11 during the last trading session, reaching $13.28. About 6.89M shares traded or 33.48% up from the average. Cypress Semiconductor Corporation (NASDAQ:CY) has declined 14.75% since January 12, 2018 and is downtrending. It has underperformed by 14.75% the S&P500.

Cypress Semiconductor Corporation designs, develops, makes, markets, and sells embedded system solutions worldwide. The company has market cap of $4.81 billion. It operates in two divisions, Microcontroller and Connectivity Division and Memory Products Division. It has a 93.52 P/E ratio. 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).

Cypress Semiconductor Corporation (NASDAQ:CY) Ratings Coverage

Among 3 analysts covering Cypress Semiconductor (NASDAQ:CY), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Cypress Semiconductor had 3 analyst reports since September 24, 2018 according to SRatingsIntel. Morgan Stanley maintained it with “Underweight” rating and $13 target in Monday, September 24 report. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Tuesday, September 25 report. The company was maintained on Tuesday, October 23 by Barclays Capital.

More notable recent Cypress Semiconductor Corporation (NASDAQ:CY) news were published by: Nasdaq.com which released: “Better Buy: Sierra Wireless vs. Cypress Semiconductor – Nasdaq” on January 01, 2019, also Nasdaq.com with their article: “Cypress Semiconductor (CY) Stock Sinks As Market Gains: What You Should Know – Nasdaq” published on September 11, 2018, Nasdaq.com published: “New Research: Key Drivers of Growth for Mondelez International, Cypress Semiconductor, Principal Financial Group, HubSpot, SS&C Technologies, and Quaker Chemical — Factors of Influence, Major Initiatives and Sustained Production – Nasdaq” on December 19, 2018. More interesting news about Cypress Semiconductor Corporation (NASDAQ:CY) were released by: Nasdaq.com and their article: “Moving Average Crossover Alert: Cypress Semiconductor (CY) – Nasdaq” published on October 03, 2018 as well as Seekingalpha.com‘s news article titled: “Chips down after TI, STMicroelectronics warnings – Seeking Alpha” with publication date: October 24, 2018.

Cypress Semiconductor Corporation (NASDAQ:CY) Institutional Positions Chart

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