How Analysts Rated Mellanox Technologies, Ltd. (NASDAQ:MLNX) Last Week?

July 14, 2018 - By Brian Ramirez

Mellanox Technologies, Ltd. (NASDAQ:MLNX) LogoInvestors sentiment increased to 2.09 in Q1 2018. Its up 1.01, from 1.08 in 2017Q4. It increased, as 8 investors sold Mellanox Technologies, Ltd. shares while 39 reduced holdings. 51 funds opened positions while 47 raised stakes. 35.98 million shares or 13.98% more from 31.57 million shares in 2017Q4 were reported.
Starboard Value L P holds 8.74% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 5.47M shares. Engineers Gate Manager L P reported 46,818 shares. Natixis L P, Massachusetts-based fund reported 39,337 shares. 23,369 are owned by Bluefin Trading Limited Company. Ion Asset Mgmt holds 1.45 million shares or 28.43% of its portfolio. Loomis Sayles & Lp reported 289,924 shares or 0.04% of all its holdings. Foundry Ptnrs Limited Liability Company holds 0.08% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 26,832 shares. Tradewinds Capital Mgmt accumulated 400 shares. Moreover, Art Advsrs Limited Liability has 0.17% invested in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 56,848 shares. Moreover, Bancorp Hapoalim Bm has 0.22% invested in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 11,402 shares. Fmr Lc holds 556,728 shares or 0% of its portfolio. Arrowmark Colorado Ltd Llc holds 110,000 shares. Goldman Sachs reported 0% stake. 26,944 are held by Parametric Port Assocs Ltd Limited Liability Company. Citigroup owns 18,630 shares.

Since January 22, 2018, it had 7 insider buys, and 9 insider sales for $5.29 million activity. Shulman Yakov (Jacob) also sold $324,767 worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares. $166,593 worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) was bought by WATERS GREGORY L. Another trade for 192 shares valued at $12,538 was bought by Titinger Jorge. The insider Makov Efrat bought 200 shares worth $13,392. Kagan Michael sold $355,000 worth of stock or 5,000 shares. 223 shares were bought by CRANSTON MARY B, worth $15,053 on Monday, January 22.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) Ratings Coverage

Among 10 analysts covering Mellanox (NASDAQ:MLNX), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Mellanox had 15 analyst reports since January 19, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, April 17 by Stifel Nicolaus. On Friday, January 19 the stock rating was maintained by Susquehanna with “Buy”. The firm has “Overweight” rating by Barclays Capital given on Thursday, April 12. Summit Redstone Partners maintained the stock with “Buy” rating in Wednesday, February 21 report. PiperJaffray upgraded the stock to “Overweight” rating in Friday, May 18 report. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, January 18 report. The firm has “Buy” rating given on Thursday, February 22 by Stifel Nicolaus. Credit Suisse maintained Mellanox Technologies, Ltd. (NASDAQ:MLNX) rating on Wednesday, April 18. Credit Suisse has “Neutral” rating and $75 target. Piper Jaffray maintained the shares of MLNX in report on Tuesday, April 17 with “Hold” rating. The rating was maintained by Rosenblatt on Tuesday, April 17 with “Hold”. Below is a list of Mellanox Technologies, Ltd. (NASDAQ:MLNX) latest ratings and price target changes.

18/05/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
17/05/2018 Broker: Susquehanna Rating: Buy New Target: $105.0000 Maintain
17/04/2018 Broker: Piper Jaffray Rating: Hold New Target: $84.0000 Maintain
17/04/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $100.0000 Maintain
17/04/2018 Broker: Rosenblatt Rating: Hold Maintain
18/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $65 New Target: $75 Maintain
17/04/2018 Broker: Susquehanna Old Rating: Positive New Rating: Positive Old Target: $80 New Target: $90 Maintain
12/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Upgrade
21/02/2018 Broker: Summit Redstone Partners Rating: Buy New Target: $75.0 Maintain
22/02/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $80 New Target: $94 Maintain

The stock decreased 0.24% or $0.2 during the last trading session, reaching $82.9. About 314,652 shares traded. Mellanox Technologies, Ltd. (NASDAQ:MLNX) has risen 80.17% since July 14, 2017 and is uptrending. It has outperformed by 67.60% the S&P500.

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, makes, and sells interconnect products and solutions. The company has market cap of $4.39 billion. The Company’s products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. It has a 138.4 P/E ratio. The firm offers InfiniBand solutions, including switch and gateway integrated circuits , adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; Ethernet solution for use in enterprise data center, high-performance computing, embedded environments, hyperscale Web 2.0, and cloud data centers; and Ethernet adapters.

More recent Mellanox Technologies, Ltd. (NASDAQ:MLNX) news were published by: Investorplace.com which released: “Intel (INTC) Stock Shows Potential: Here’s Why it Should Be on Your Radar” on July 09, 2018. Also Seekingalpha.com published the news titled: “Mellanox reaches board member agreement with Starboard” on June 19, 2018. Finance.Yahoo.com‘s news article titled: “3 Strong Buy Semiconductor Stocks to Consider Now” with publication date: July 12, 2018 was also an interesting one.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) Ratings Chart

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