It’s been a crucial week for Cavium, Inc. (NASDAQ:CAVM); here’s what analysts have to say.

January 20, 2018 - By Adrian Mccoy

 It's been a crucial week for Cavium, Inc. (NASDAQ:CAVM); here's what analysts have to say.
Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.13, from 1.11 in 2017Q2. It is negative, as 45 investors sold Cavium, Inc. shares while 65 reduced holdings. 31 funds opened positions while 77 raised stakes. 67.55 million shares or 0.96% more from 66.91 million shares in 2017Q2 were reported.
Falcon Point Cap Limited Liability Corporation accumulated 223,580 shares or 2.24% of the stock. Bnp Paribas Asset Mngmt invested in 0.08% or 149,417 shares. Putnam Invests Ltd Llc invested in 0.14% or 901,467 shares. Price T Rowe Incorporated Md owns 2.06M shares or 0.02% of their US portfolio. Citigroup Inc accumulated 43,431 shares. Gilder Gagnon Howe & Ltd Llc holds 0.41% or 442,428 shares in its portfolio. Thornburg Inv Mgmt holds 211,702 shares or 0.1% of its portfolio. Bancshares Of Ny Mellon has invested 0.01% in Cavium, Inc. (NASDAQ:CAVM). Td Asset Management has invested 0% in Cavium, Inc. (NASDAQ:CAVM). Emerald Mutual Fund Advisers accumulated 295,344 shares. 64,454 are held by Quantum Mngmt. Public Employees Retirement Sys Of Ohio holds 0.07% in Cavium, Inc. (NASDAQ:CAVM) or 214,208 shares. Axa has invested 0.02% in Cavium, Inc. (NASDAQ:CAVM). Panagora Asset Mngmt has 21,281 shares for 0.01% of their portfolio. Advisory Rech holds 0.05% or 48,551 shares in its portfolio.

Since August 17, 2017, it had 0 insider purchases, and 1 insider sale for $1.24 million activity.

Cavium, Inc. (NASDAQ:CAVM) Ratings Coverage

Among 24 analysts covering Cavium Networks Inc. (NASDAQ:CAVM), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. Cavium Networks Inc. had 68 analyst reports since July 31, 2015 according to SRatingsIntel. On Thursday, August 31 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. On Friday, May 13 the stock rating was maintained by Barclays Capital with “Overweight”. Needham maintained the shares of CAVM in report on Tuesday, November 21 with “Buy” rating. The rating was initiated by Loop Capital with “Buy” on Tuesday, December 6. The stock of Cavium, Inc. (NASDAQ:CAVM) has “Buy” rating given on Thursday, June 16 by Brean Capital. The firm earned “Buy” rating on Thursday, November 2 by Loop Capital Markets. Needham maintained the stock with “Buy” rating in Thursday, August 3 report. As per Monday, October 2, the company rating was upgraded by KeyBanc Capital Markets. Stifel Nicolaus maintained Cavium, Inc. (NASDAQ:CAVM) on Wednesday, August 2 with “Hold” rating. The stock of Cavium, Inc. (NASDAQ:CAVM) has “Underperform” rating given on Monday, November 23 by JMP Securities. Below is a list of Cavium, Inc. (NASDAQ:CAVM) latest ratings and price target changes.

21/11/2017 Broker: Canaccord Genuity Rating: Hold New Target: $85.0 Maintain
21/11/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Old Target: $77 Downgrade
21/11/2017 Broker: Loop Capital Markets Rating: Hold New Target: $84.0 Downgrade
21/11/2017 Broker: Needham Rating: Buy New Target: $90.0 Maintain
21/11/2017 Broker: Susquehanna Old Rating: Positive New Rating: Neutral Downgrade
21/11/2017 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
20/11/2017 Broker: Benchmark Old Rating: Buy New Rating: Hold Downgrade
16/11/2017 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $80 New Target: $90 Maintain
02/11/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $66 New Target: $67 Maintain
02/11/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $78 New Target: $77 Maintain

The stock decreased 0.17% or $0.15 during the last trading session, reaching $89.8. About 882,915 shares traded. Cavium, Inc. (NASDAQ:CAVM) has risen 55.16% since January 20, 2017 and is uptrending. It has outperformed by 38.46% the S&P500.

Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks in the United States and internationally. The company has market cap of $6.21 billion. The firm offers integrated semiconductor processors that enable intelligent processing for wired and wireless infrastructure and cloud for networking, communications, storage, and security applications. It currently has negative earnings. The Company’s products consist of multi-core processors for embedded and data center applications, network connectivity for server and switches, storage connectivity, and security processors for offload and appliance, as well as a suite of embedded security protocols that enable unified threat management, secure connectivity, network perimeter protection, and deep packet inspection.

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