Were Analysts Bearish ON Semiconductor Corp (NASDAQ:ON) This Week?

The 8 months bullish chart indicates low risk for the $684.85 million company. NetEase Inc (ADR) (NASDAQ:NTES) has risen 77.85% since October 11, 2016 and is uptrending. It has underperformed by 20.25% the S&P500. 9,091 Lattice Semiconductor Corp (NASDAQ:LSCC) shares with value of $63,594 were sold by ABRAMS ROBIN ANN. Robertson Opportunity Capital Llc bought 67,500 shares as the company's stock rose 1.94% with the market. The rating was maintained by Jefferies with "Hold" on Wednesday, August 5.

ON Semiconductor Corporation (NASDAQ ON) traded down 0.15% on Tuesday, reaching $19.35. Of those insider trades, 60,000 shares of Cypress Semiconductor Corporation were purchased and 295,575 shares were sold.

09/19/2017 - Cypress Semiconductor Corporation had its "underweight" rating reiterated by analysts at Morgan Stanley. It has outperformed by 22.75% the S&P500.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 40% are positive. NetEase had 33 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has "Buy" rating by Needham given on Tuesday, February 14. Also, Director J Daniel Mccranie acquired 30,000 shares of the firm's stock in a transaction on Thursday, September 14th. Over the last three months, the shares of the company have changed 13.13% and performed 14.13% over the last six months. The rating was initiated by CLSA with "Outperform" on Wednesday, May 25. RBC Capital Markets maintained EQT Corporation (NYSE:EQT) rating on Friday, June 2. As per Sunday, August 9, the company rating was maintained by Roth Capital.

Investors sentiment decreased to 0.88 in Q2 2017. Narrowing in a bit closer, the 5 month price index is 0.81627, the 3 month is 0.83002, and the 1 month is now 0.96270.

But it's not just buying activity that is creating investor interest in CY; over the last several weeks, several insiders have sold shares. 49 funds opened positions while 128 raised stakes.

So, most importantly, where are shares headed from here?

The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. Comerica Natl Bank has 211,768 shares. The Pillar Pacific Capital Management Llc holds 15,994 shares with $4.81 million value, up from 14,828 last quarter. Parametric reported 118,311 shares. Integral Derivatives Ltd Liability Co holds 0% in LendingClub Corp (NYSE:LC) or 31,566 shares.

Is Coty Inc. (NYSE:COTY) Cheap From Peers? Thomas White Intll invested in 0.09% or 9,400 shares.

Want to see what other hedge funds are holding ON? 389 are held by Guardian Life Of America. Victory Cap Mngmt stated it has 6.09 million shares. The ROIC 5 year average is 0.11398 and the ROIC Quality ratio is 2.534663. Hilltop Holdg holds 0.59% or 300,700 shares in its portfolio. Nomura Incorporated accumulated 0.01% or 231,274 shares. 17,275 were reported by Advantus Cap Management. They expect $0.16 EPS, up 128.57% or $0.09 from last year's $0.07 per share. EQT's profit will be $1.73M for 1590.25 P/E if the $0.01 EPS becomes a reality. After $-0.10 actual EPS reported by Plug Power Inc for the previous quarter, Wall Street now forecasts -70.00% EPS growth.

More news for ON Semiconductor Corp (NASDAQ:ON) were recently published by: Prnewswire.com, which released: "Pre-Market Technical Pulse on Semiconductor Stocks - IXYS Corp., MagnaChip ..." on September 29, 2017. Marketwatch.com's news article titled: "Cypress CEO seeks to rise from ashes of fight with predecessor" with publication date: October 09, 2017 was also an interesting one. It also reduced Home Depot Inc (NYSE:HD) stake by 3,700 shares and now owns 49,723 shares.

In other ON Semiconductor Corporation news, EVP George H. Cave sold 15,848 shares of the firm's stock in a transaction on Tuesday, October 3rd.

The Current Ratio of Lattice Semiconductor Corporation (NasdaqGS:LSCC) is 2.3. Jefferies has "Buy" rating and $6.75 target. The stock of ON Semiconductor Corp (NASDAQ:ON) earned "Buy" rating by Mizuho on Monday, August 7. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has "Buy" rating given on Wednesday, February 24 by Craig Hallum. The stock of ON Semiconductor Corp (NASDAQ:ON) earned "Underperform" rating by Credit Suisse on Tuesday, April 11.

07/18/2017 - Cypress Semiconductor Corporation was upgraded to "overweight" by analysts at Barclays.

In taking a look at some key indicators for Lattice Semiconductor Corporation (NasdaqGS:LSCC), we note that the current Book to Market value for the firm is at 0.388241. As per Friday, December 16, the company rating was initiated by Loop Capital.

Related news