Cyberoptics Corp (NASDAQ:CYBE) Shifting Institutional Investors Sentiment
Sentiment for Cyberoptics Corp (NASDAQ:CYBE)
Cyberoptics Corp (NASDAQ:CYBE) institutional sentiment decreased to 0.45 in Q3 2015. Its down -0.93, from 1.38 in 2015Q2. The ratio has worsened, as 11 hedge funds increased and started new equity positions, while 8 sold and decreased stakes in Cyberoptics Corp. The hedge funds in our partner’s database reported: 7.11 million shares, up from 3.14 million shares in 2015Q2. Also, the number of hedge funds holding Cyberoptics Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 6 Increased: 8 New Position: 3.
Cyberoptics Corporation is a global developer and maker of sensing technology solutions. The company has a market cap of $61.51 million. The Company’s services and products are used in the surface mount technology , semiconductor and 3D scanning solutions and services markets. It currently has negative earnings. The Firm develops, makes and sells non-contact sensors and systems for process control and inspection and, for metrology applications and services.
About 6,054 shares traded hands. CyberOptics Corporation (NASDAQ:CYBE) has risen 85.38% since August 6, 2015 and is uptrending. It has outperformed by 88.33% the S&P500.
According to Zacks Investment Research, “CyberOptics Corporation is a leading provider of sensors and inspection systems that provide process yield and through-put improvement solutions for the global electronic assembly and semiconductor capital equipment markets. The Company’s products are deployed on production lines that manufacture surface mount technology circuit boards and semiconductor process equipment. By increasing productivity and product quality, our sensors and inspection systems enable electronics manufacturers to strengthen their competitive positions in highly price-sensitive markets. Headquartered in Minneapolis, Minnesota, they conduct worldwide operations through facilities in North America, Asia and Europe.”
Penbrook Management Llc holds 0.86% of its portfolio in CyberOptics Corporation for 127,850 shares. White Pine Capital Llc owns 55,900 shares or 0.16% of their US portfolio. Moreover, Heartland Advisors Inc has 0.14% invested in the company for 600,000 shares. The Washington-based Glacier Peak Capital Llc has invested 0.08% in the stock. Perritt Capital Management Inc, a Illinois-based fund reported 54,600 shares.#img1#