Media coverage about Cray (NASDAQ:CRAY) has been trending somewhat negative on Friday, Alpha One Sentiment Analysis reports. The research firm, a unit of Accern, rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cray earned a media sentiment score of -0.05 on Alpha One’s scale. Alpha One also gave news headlines about the technology company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.

Here are some of the headlines that may have effected Alpha One Sentiment’s analysis:

A number of equities analysts recently weighed in on the stock. TheStreet raised shares of Cray from a “d+” rating to a “c-” rating in a research note on Friday, February 17th. Zacks Investment Research raised shares of Cray from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 9th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $23.00 target price (down from $25.00) on shares of Cray in a research note on Wednesday, May 3rd. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $32.25.

Shares of Cray (NASDAQ:CRAY) traded down 0.56% during trading on Friday, reaching $17.80. 120,907 shares of the company were exchanged. The stock’s 50-day moving average is $19.02 and its 200-day moving average is $19.61. Cray has a 52-week low of $16.10 and a 52-week high of $35.33. The firm’s market cap is $712.20 million.

Cray (NASDAQ:CRAY) last posted its quarterly earnings results on Tuesday, May 2nd. The technology company reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.50) by $0.21. Cray had a net margin of 1.69% and a return on equity of 2.64%. The company had revenue of $59.03 million during the quarter, compared to the consensus estimate of $56.60 million. Equities research analysts predict that Cray will post ($1.09) earnings per share for the current fiscal year.

In other Cray news, Director Stephen C. Kiely sold 2,000 shares of Cray stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $18.55, for a total value of $37,100.00. Following the completion of the sale, the director now directly owns 20,675 shares of the company’s stock, valued at $383,521.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 5.00% of the company’s stock.

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About Cray

Cray Inc is engaged in designing, developing, manufacturing, marketing and servicing the high performance computing (HPC) market, primarily categories of systems known as supercomputers. The Company’s segments include Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other.

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