Today’s Stocks: Cirrus Logic (NASDAQ:CRUS), Alcoa Inc. (NYSE:AA), Vitacost.com (NASDAQ:VITC), Magnegas Corporation (NASDAQ:MNGA), Northern Dynasty Minerals Ltd. (NYSEMKT:NAK)

Technology Stocks News 17

Cirrus Logic (NASDAQ:CRUS) VP Thomas Stein unloaded 9,067 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $22.48, for a total transaction of $203,826.16. Following the completion of the sale, the vice president now directly owns 8,247 shares in the company, valued at approximately $185,393. The sale was disclosed in a legal filing with the SEC, Cirrus Logic Inc. (NASDAQ:CRUS) belongs to Technology sector. Its net profit margin is 13.70% and weekly performance is 2.12%. On last trading day company shares ended up $23.11. Cirrus Logic Inc. (NASDAQ:CRUS) distance from 50-day simple moving average (SMA50) is -0.72%.

Stock analysts at Cowen and Company lifted their price objective on shares of Alcoa (NYSE:AA) from $12.00 to $16.00 in a report issued on Tuesday.  Alcoa Inc. (NYSE:AA) shares moved up 1.30% in last trading session and ended the day at $16.32. AA Gross Margin is 17.10% and its return on assets is -6.50%. Alcoa Inc. (NYSE:AA) quarterly performance is 20.98%.

The Kroger Co. (NYSE: KR) and Vitacost.com, Inc. (NASDAQ: VITC), a leading online retailer of healthy living products, today announced the successful completion of Kroger’s tender offer to purchase all outstanding shares of common stock of Vitacost.com for $8.00 per share in cash.  The tender offer expired at 5:00 p.m., Eastern Daylight Time, on August 15, 2014.  On 18 August, Vitacost.com, Inc. (NASDAQ:VITC) shares remains unchanged and was closed at $7.99. VITC EPS growth in last 5 year was 0.00%. Vitacost.com, Inc. (NASDAQ:VITC) year to date (YTD) performance is 38.00%.

MagneGas Corp. (NASDAQ: MNGA) has completed construction of the gasification system purchased by Astana TechCom, Inc., a company located in the capital of Kazakhstan. Astana has purchased a small Plasma Arc Flow gasification system on wheels, custom built to facilitate demonstrations of the MagneGas Technology to local energy industries, medical facilities and universities. The total price paid for the system and other components was $518,000 and the initial purchase was originally announced in November 2013. Magnegas Corporation (NASDAQ:MNGA) ended the last trading day at $1.18. Company weekly volatility is calculated as 6.07%and price to cash ratio as 6.12. Magnegas Corporation (NASDAQ:MNGA) showed a weekly performance of -6.35%.

Research analysts at TD Securities dropped their target price on shares of Northern Dynasty Minerals (NYSE:NAK) from C$1.75 to C$1.25 in a report released on Wednesday July 25. Northern Dynasty Minerals Ltd. (NYSEMKT:NAK) shares moved up 1.34% in last trading session and ended the day on $0.74. NAK return on assets is -6.70%. Northern Dynasty Minerals Ltd. (NYSEMKT:NAK) quarterly performance is -6.35%.

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