Tech Sector new Highs: Corning Incorporated (NYSE:GLW), Applied Materials (NASDAQ:AMAT), Freescale Semiconductor (NYSE:FSL), QUALCOMM (NASDAQ:QCOM)

Corning (NYSE:GLW) has been given an average rating of “Hold” by the twenty-five analysts that are currently covering the company, AnalystRatingsNetwork reports. One research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $19.05. Corning Incorporated (NYSE:GLW) shares after opening at $21.42 moved to $21.76 on last trade day and at the end of the day closed at $21.59. Company price to sales ratio in past twelve months was calculated as 3.84 and price to cash ratio as 5.74. Corning Incorporated (NYSE:GLW) showed a positive weekly performance of 5.52%.

Call players have been active in Applied Materials, Inc.’s (NASDAQ:AMAT) options arena of late, per data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). Specifically, the stock sports a 10-day call/put volume ratio of 5.31 on these exchanges, which ranks in the 71st percentile of its annual range. Simply stated, calls have been bought to open over puts at an accelerated clip in recent weeks. Applied Materials, Inc. (NASDAQ:AMAT) shares advanced 0.24% in last trading session and ended the day on $20.84. AMAT return on equity ratio is recorded as 7.20% and its return on assets is 4.30%. Applied Materials, Inc. (NASDAQ:AMAT) yearly performance is 61.55%.

Piper Jaffray assumed coverage on shares of Freescale Semiconductor (NYSE:FSL) in a research note issued on Thursday,AnalystRatings.NET reports. The firm set an “overweight” rating on the stock. Freescale Semiconductor Ltd (NYSE:FSL) shares moved up 0.28% in last trading session and was closed at $24.99, while trading in range of $24.72-$26.00. Freescale Semiconductor Ltd (NYSE:FSL) year to date performance is 55.70%.

QUALCOMM (NASDAQ:QCOM) Chairman Paul Jacobs sold 140,000 shares of the stock on the open market in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $79.45, for a total transaction of $11,123,000.00. Following the completion of the sale, the chairman now directly owns 29,269 shares in the company, valued at approximately $2,325,422. QUALCOMM, Inc. (NASDAQ:QCOM) weekly performance is 1.90%. On last trading day company shares ended up $80.55. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average is 6.40%. Analysts mean target price for the company is $81.78.

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