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

January 14, 2018 - By reb123z

 How Analysts Rated Mellanox Technologies, Ltd. (NASDAQ:MLNX) Last Week?
Investors sentiment increased to 0.95 in 2017 Q3. 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.
Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 2,167 shares. Victory reported 478 shares or 0% of all its holdings. Delta Asset Ltd Tn invested in 300 shares or 0% of the stock. First Interstate Bancorporation stated it has 2,630 shares or 0.03% of all its holdings. Tradewinds Mngmt Ltd Limited Liability Company reported 0.01% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Massachusetts Fin Ma holds 0.05% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 2.47M shares. Parametric Assoc Limited Liability Company invested in 74,258 shares or 0% of the stock. Guggenheim Capital Lc stated it has 0% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Jpmorgan Chase And Com, a New York-based fund reported 24,285 shares. Walleye Trading Ltd Liability has 21,175 shares. Riverpoint Management Lc holds 0.84% or 275,689 shares. Employees Retirement System Of Texas stated it has 0.04% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). First Mercantile Tru stated it has 3,410 shares or 0.03% of all its holdings. Us National Bank & Trust De has 4,554 shares for 0% of their portfolio. Capital Research Global Investors holds 0.04% or 3.02 million shares in its portfolio.

Since July 31, 2017, it had 0 buys, and 7 sales for $4.23 million activity. Kagan Michael sold $225,050 worth of stock. 2,407 shares valued at $113,118 were sold by Shulman Yakov (Jacob) on Tuesday, August 1. Cohen Shai also sold $2.36 million worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares. On Friday, September 8 the insider Sultzbaugh Marc sold $231,790.

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. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, October 16 report. The firm has “Buy” rating given on Monday, May 9 by Brean Capital. The firm earned “Buy” rating on Thursday, July 23 by Stifel Nicolaus. The rating was maintained by Jefferies on Friday, June 2 with “Sell”. Piper Jaffray maintained it with “Overweight” rating and $65.0 target in Tuesday, December 8 report. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) has “Neutral” rating given on Thursday, October 26 by JP Morgan. On Thursday, February 25 the stock rating was reinitiated by JP Morgan with “Overweight”. Barclays Capital upgraded the shares of MLNX in report on Tuesday, November 28 to “Equal-Weight” rating. Stifel Nicolaus maintained the shares of MLNX in report on Wednesday, December 6 with “Buy” rating. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) has “Buy” rating given on Tuesday, August 22 by Stifel Nicolaus. 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: Seekingalpha.com which released: “Mellanox Knocked Around, But Definitely Not Knocked Out” on December 20, 2017. Also Businesswire.com published the news titled: “Mellanox Technologies, Ltd. Schedules Release of Fourth Quarter 2017 Financial …” on January 03, 2018. Reuters.com‘s news article titled: “Starboard says chipmaker Mellanox’s 2018 targets insufficient” with publication date: January 08, 2018 was also an interesting one.

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