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

May 20, 2018 - By Hazel Jackson

Mellanox Technologies, Ltd. (NASDAQ:MLNX) LogoInvestors sentiment increased to 1.08 in Q4 2017. Its up 0.13, from 0.95 in 2017Q3. It improved, as 27 investors sold Mellanox Technologies, Ltd. shares while 37 reduced holdings. 31 funds opened positions while 38 raised stakes. 31.57 million shares or 5.92% more from 29.80 million shares in 2017Q3 were reported.
Parametric Portfolio Ltd Com holds 50,748 shares. Foundry Prtnrs Lc accumulated 26,893 shares or 0.07% of the stock. State Street Corporation has invested 0% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Millennium Limited Co reported 352,697 shares or 0.03% of all its holdings. Clal has invested 2.08% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Spark Ltd Limited Liability Company holds 0.12% or 33,300 shares. Fil has invested 0.21% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Ion Asset Mgmt Ltd owns 1.53 million shares for 25.56% of their portfolio. Pinnacle Associate Limited has 8,050 shares. Financial Bank Of Montreal Can holds 0% or 326 shares in its portfolio. 74 are held by Sandy Spring Bank. Jane Street Group Limited Liability Company accumulated 0% or 3,756 shares. Neuberger Berman Grp Inc Lc holds 0.06% or 855,928 shares. Royal Retail Bank Of Canada stated it has 202,013 shares. Harber Asset Mngmt reported 1.22% stake.

Since January 2, 2018, it had 7 insider buys, and 10 selling transactions for $4.75 million activity. The insider LACEY THOMAS A bought $96,135. 5,000 shares valued at $335,000 were sold by Sultzbaugh Marc on Tuesday, January 23. Olson Jon A bought $32,741 worth of stock. The insider Makov Efrat bought $13,392. 223 shares were bought by CRANSTON MARY B, worth $15,053. Titinger Jorge had bought 192 shares worth $12,538 on Wednesday, January 31.

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

Among 12 analysts covering Mellanox (NASDAQ:MLNX), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Mellanox had 21 analyst reports since November 22, 2017 according to SRatingsIntel. Summit Redstone Partners maintained the stock with “Buy” rating in Wednesday, February 21 report. The company was upgraded on Tuesday, November 28 by Barclays Capital. Piper Jaffray maintained the stock with “Hold” rating in Thursday, December 7 report. The firm has “Buy” rating by Susquehanna given on Friday, January 19. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) has “Buy” rating given on Wednesday, December 6 by Stifel Nicolaus. Longbow upgraded the shares of MLNX in report on Friday, December 1 to “Buy” rating. The company was maintained on Tuesday, April 17 by Susquehanna. Susquehanna maintained the stock with “Buy” rating in Thursday, May 17 report. As per Thursday, January 18, the company rating was maintained by Stifel Nicolaus. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) has “Hold” rating given on Friday, January 19 by Piper Jaffray. 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 2.24% or $1.95 during the last trading session, reaching $85.1. About 688,605 shares traded or 36.19% up from the average. Mellanox Technologies, Ltd. (NASDAQ:MLNX) has risen 40.78% since May 20, 2017 and is uptrending. It has outperformed by 29.23% the S&P500.

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, makes, and sells interconnect products and solutions. The company has market cap of $4.44 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 notable recent Mellanox Technologies, Ltd. (NASDAQ:MLNX) news were published by: Businesswire.com which released: “Mellanox Technologies, Ltd. to Present at Upcoming Investor Conferences” on May 07, 2018, also Businesswire.com with their article: “Mellanox Sends Letter to Shareholders” published on May 07, 2018, Benzinga.com published: “The Market In 5 Minutes: Ebola, Icahn, NAFTA, Semis And More” on May 18, 2018. More interesting news about Mellanox Technologies, Ltd. (NASDAQ:MLNX) were released by: Businesswire.com and their article: “Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote “FOR” Both of Mellanox’s Best …” published on May 14, 2018 as well as Streetinsider.com‘s news article titled: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” with publication date: May 15, 2018.

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

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