What Did This CEO Just Do with Personal Shares of Cypress Semicon (CY)?


Today, the President & CEO of Cypress Semicon (CY), Hassane El-Khoury, sold shares of CY for $693.5K.

In addition to Hassane El-Khoury, one other CY executive reported Sell trades in the last month.

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Based on Cypress Semicon’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $673 million and quarterly net profit of $50.7 million. In comparison, last year the company earned revenue of $605 million and had a net profit of $11.03 million. CY’s market cap is $5.05B and the company has a P/E ratio of 107.38. Currently, Cypress Semicon has an average volume of 2.83M.

Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $16.32, reflecting a 17.9% upside.

In the last 30 days, insiders have sold $693.5K worth of CY shares and purchased $64K worth of CY shares. The insider sentiment on Cypress Semicon has been positive according to 60 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Cypress Semiconductor Corp. designs, develops, manufactures and markets a broad range of high-performance solutions for embedded systems, from automotive, industrial and networking platforms to highly interactive consumer devices.

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