Stephen Lounsberry, an Insider in Chemung Financial (CHMG), Unloaded 10 shares of the Company; Cirrus Logic (CRUS) Has 1.02 Sentiment

Cirrus Logic, Inc., a fabless semiconductor company, develops, makes, and markets analog and mixed-signal integrated circuits for a range of consumer and industrial markets. The company has market cap of $2.82 billion. The firm offers portable and non-portable audio, and other products. It has a 16.07 P/E ratio. The Company’s products include analog and mixed-signal audio converters, and digital signal processing products for mobile applications; codecs-chips that integrate analog-to-digital converters and digital-to-analog converters into a single IC; smart codecs, a codec with digital signal processer; amplifiers; micro-electromechanical systems microphones; digital interface products; and standalone digital signal processors.

The insider Stephen Lounsberry who is director of Chemung Financial Corp sold some 10 shares of the company having a total value of $450 U.S. Dollars totalled based on $45.0 per share. Mr. Stephen today holds 17,271 shares, accounting for 0.36% of the Company’s market capitalization.

The stock decreased 2.57% or $1.1001 during the last trading session, reaching $41.6999. About 541 shares traded. Chemung Financial Corporation (NASDAQ:CHMG) has risen 23.97% since February 28, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

Investors sentiment increased to 3.56 in Q3 2017. Its up 1.96, from 1.6 in 2017Q2. It increased, as 3 investors sold Chemung Financial Corporation shares while 6 reduced holdings. 6 funds opened positions while 26 raised stakes. 2.88 million shares or 115.58% more from 1.34 million shares in 2017Q2 were reported. Macquarie Grp reported 4,516 shares. United Kingdom-based Legal General Grp Inc Pcl has invested 0% in Chemung Financial Corporation (NASDAQ:CHMG). Federated Invsts Pa owns 527 shares. Ameritas Invest Prtnrs invested in 245 shares or 0% of the stock. First Manhattan Co reported 0.03% of its portfolio in Chemung Financial Corporation (NASDAQ:CHMG). Morgan Stanley reported 13,089 shares. Tiaa Cref Ltd Liability reported 9,054 shares. Barclays Pcl has invested 0% in Chemung Financial Corporation (NASDAQ:CHMG). 400 were reported by Cornerstone Mgmt Holding Ltd Llc. Moreover, Bessemer has 0% invested in Chemung Financial Corporation (NASDAQ:CHMG) for 2,300 shares. Bnp Paribas Arbitrage Sa stated it has 0% in Chemung Financial Corporation (NASDAQ:CHMG). Geode Capital Limited Liability holds 0% or 25,098 shares. The Massachusetts-based Martingale Asset Management L P has invested 0.01% in Chemung Financial Corporation (NASDAQ:CHMG). California-based California State Teachers Retirement Systems has invested 0% in Chemung Financial Corporation (NASDAQ:CHMG). Vantage Inv Advsrs Ltd Llc holds 0% of its portfolio in Chemung Financial Corporation (NASDAQ:CHMG) for 100 shares.

Since October 24, 2017, it had 1 buying transaction, and 1 sale for $50,080 activity. Another trade for 109 shares valued at $5,070 was sold by HAZELTON KIMBERLY A. 1,250 shares valued at $55,150 were bought by Tranter G. Thomas Jr. on Tuesday, February 20.

Chemung Financial Corporation operates as the holding firm for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services primarily in New York. The company has market cap of $200.87 million. It offers demand, savings, and time deposits; non-interest- and interest-bearing checking accounts; and insured money market accounts. It has a 19.31 P/E ratio. The firm also provides commercial and agricultural loans primarily consisting of loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; and consumer loans, including home equity lines of credit and home equity loans, as well as letters of credit.

The stock increased 2.06% or $0.9 during the last trading session, reaching $44.56. About 363,090 shares traded. Cirrus Logic, Inc. (CRUS) has risen 97.50% since February 28, 2017 and is uptrending. It has outperformed by 80.80% the S&P500.

Zpr Investment Management holds 3.54% of its portfolio in Cirrus Logic, Inc. for 43,745 shares. New Amsterdam Partners Llc Ny owns 170,423 shares or 1.9% of their US portfolio. Moreover, Hillcrest Asset Management Llc has 1.7% invested in the company for 175,548 shares. The North Carolina-based Holderness Investments Co has invested 1.64% in the stock. Sprott Inc., a Ontario – Canada-based fund reported 120,000 shares.

Ratings analysis reveals 50% of Cirrus Logic’s analysts are positive. Out of 4 Wall Street analysts rating Cirrus Logic, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $58.0 while the high is $65.0. The stock’s average target of $61 is 36.89% above today’s ($44.56) share price. CRUS was included in 4 notes of analysts from September 8, 2016. The stock of Cirrus Logic, Inc. (NASDAQ:CRUS) earned “Buy” rating by Canaccord Genuity on Tuesday, September 20. As per Monday, November 21, the company rating was initiated by Craig Hallum. The rating was downgraded by Oppenheimer on Wednesday, March 1 to “Perform”. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 8.

Since January 1, 0001, it had 0 insider buys, and 9 insider sales for $1.32 million activity.