How Many Mellanox Technologies, Ltd. (NASDAQ:MLNX)’s Analysts Are Bullish?

January 14, 2018 - By simple simple

 How Many Mellanox Technologies, Ltd. (NASDAQ:MLNX)'s Analysts Are Bullish?
Investors sentiment increased to 0.95 in Q3 2017. Its up 0.02, from 0.93 in 2017Q2. It increased, as 23 investors sold Mellanox Technologies, Ltd. shares while 40 reduced holdings. 17 funds opened positions while 43 raised stakes. 29.80 million shares or 0.19% more from 29.75 million shares in 2017Q2 were reported.
Wells Fargo Com Mn reported 0% stake. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 2,167 shares or 0% of the stock. Soros Fund Mngmt Ltd Limited Liability Company holds 0.17% or 150,824 shares. Greenwich Wealth Lc holds 0.07% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 8,475 shares. First Interstate National Bank & Trust holds 0.03% or 2,630 shares. Bnp Paribas Arbitrage Sa stated it has 0% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Symphony Asset Ltd Liability stated it has 0.26% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). D E Shaw & holds 0.01% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 102,847 shares. 4,699 were reported by Juncture Wealth Strategies Limited Liability Company. The New York-based Bamco Inc New York has invested 0.03% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Virginia Retirement System Et Al stated it has 0.02% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Rothschild Investment Corp Il reported 0.15% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Sterling Cap Limited Liability Company reported 31,637 shares stake. Hl Financial Ltd Com has 0.01% invested in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Symmetry Peak Management Ltd Liability Com invested in 0.07% or 12,500 shares.

Since July 31, 2017, it had 0 buys, and 7 sales for $4.23 million activity. Shulman Yakov (Jacob) also sold $113,118 worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares. $2.36 million worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares were sold by Cohen Shai. On Thursday, January 4 the insider Dorchak Glenda sold $356,815. Kagan Michael had sold 2,500 shares worth $116,388 on Friday, September 8.

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

Among 18 analysts covering Mellanox Tech (NASDAQ:MLNX), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. Mellanox Tech had 43 analyst reports since July 23, 2015 according to SRatingsIntel. The company was initiated on Monday, May 9 by Brean Capital. Topeka Capital Markets maintained the shares of MLNX in report on Thursday, October 22 with “Hold” rating. On Tuesday, August 29 the stock rating was initiated by Benchmark with “Buy”. The stock has “Hold” rating by Topeka Capital Markets on Thursday, October 1. Piper Jaffray maintained the shares of MLNX in report on Tuesday, December 8 with “Overweight” rating. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) earned “Overweight” rating by Barclays Capital on Thursday, February 25. Stifel Nicolaus maintained the shares of MLNX in report on Monday, September 25 with “Buy” rating. The company was initiated on Thursday, September 24 by DA Davidson. The firm earned “Underweight” rating on Thursday, October 26 by Barclays Capital. On Friday, December 1 the stock rating was upgraded by Longbow to “Buy”. Below is a list of Mellanox Technologies, Ltd. (NASDAQ:MLNX) latest ratings and price target changes.

12/12/2017 Broker: Susquehanna Rating: Buy New Target: $75.0
07/12/2017 Broker: Piper Jaffray Rating: Hold New Target: $61.0 Maintain
06/12/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $70.0 Maintain
01/12/2017 Broker: Longbow Old Rating: Neutral New Rating: Buy Upgrade
28/11/2017 Broker: Barclays Capital Old Rating: Underweight New Rating: Equal-Weight Old Target: $47 Upgrade
22/11/2017 Broker: DA Davidson Rating: Buy New Target: $69.0
26/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $48 New Target: $47 Maintain
26/10/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
26/10/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $56 New Target: $53 Maintain
26/10/2017 Broker: J.P. Morgan Rating: Hold New Target: $47.0 Downgrade

The stock increased 2.08% or $1.35 during the last trading session, reaching $66.3. About 330,287 shares traded. Mellanox Technologies, Ltd. (NASDAQ:MLNX) has risen 12.09% since January 14, 2017 and is uptrending. It has underperformed by 4.61% the S&P500.

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, makes, and sells interconnect products and solutions. The company has market cap of $3.38 billion. The Company’s products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. It currently has negative earnings. 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: Reuters.com which released: “Starboard says chipmaker Mellanox’s 2018 targets insufficient” on January 08, 2018. Also Seekingalpha.com published the news titled: “Mellanox Knocked Around, But Definitely Not Knocked Out” on December 20, 2017. Businesswire.com‘s news article titled: “Mellanox Technologies, Ltd. Schedules Release of Fourth Quarter 2017 Financial …” with publication date: January 03, 2018 was also an interesting one.

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