Exec. Michael Kagan Sells 2,000 Shares

Exec. Michael Kagan Sells 2,000 Shares Welcome to a Laptop AC Adapter specialist of the Sony Ac Adapter
Mellanox Technologies, Ltd. (MLNX) Discloses Form 4 Insider Selling : Exec. Michael Kagan Sells 2,000 Shares
Nov 6, 2015Mellanox Technologies, Ltd. (MLNX) Discloses Insider Transaction. Michael Kagan , CTO & VP of Architecture of Mellanox Technologies, Ltd. sold 2,000 shares on Oct 28, 2015. The Insider selling transaction was disclosed on Oct 30, 2015 to the Securities and Exchange Commission. The shares were sold at $47.53 per share for a total value of $95,057.00.
Currently the company Insiders own 7.18% of Mellanox Technologies, Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.24% . Institutional with adapter such as eMachines D732 AC adapter, eMachines W4630 AC adapter, eMachines G730 AC adapter, Gateway LT3201u AC adapter, Gateway LT1000 AC adapter, Gateway NX550 AC adapter, Gateway 7300 AC adapter, Gateway MX7525 AC adapter, Gateway 4000 AC adapter, Gateway 6000 AC adapter, Gateway MT6800 AC adapter, Gateway NX500 AC adapterInvestors own 66.25% of Mellanox Technologies, Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -9.28%. Mellanox Technologies, Ltd. is up 5.31% in the last 3-month period. Year-to-Date the stock performance stands at 10.51%.”The company shares have rallied 4.06% from its 1 Year high price. On Jun 18, 2015, the shares registered one year high at $52.77 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $42.40 and the 200 Day Moving Average price is recorded at $45.45.
Mellanox Technologies, Ltd. (NASDAQ:MLNX): 6 analysts have set the short term price target of Mellanox Technologies, Ltd. (NASDAQ:MLNX) at $60. The standard deviation of short term price target has been estimated at $9.1, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 75 and $48 respectively.
Mellanox Technologies, Ltd. (NASDAQ:MLNX) rose 1.7% or 0.79 points on Tuesday and made its way into the gainers of the day. After trading began at $46 the stock was seen hitting $47.49 as a peak level and $45.902 as the lowest level. The stock ended up at $47.22. The daily volume was measured at 634,380 shares. The 52-week high of the share price is $52.7699 and the 52-week low is $32.24. The company has a market cap of $2,191 million.
Mellanox Technologies, Ltd. (Mellanox) is a fabless semiconductor company that produces and supplies high-performance interconnects products that facilitate efficient data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. The Company’s end-to-end solutions, including adapter, gateway and switch, integrated circuits (IC), adapter cards, switch systems, long-haul systems, gateway systems, software, services, cables and modules are an integral part of a total interconnect solution focused on compute, storage and communication applications used in multiple markets, including high-performance computing, or HPC, Web 2.0, storage, financial services, database, cloud and embedded. The Company measures its business based on one reportable segment: the development, manufacturing, marketing and sales of interconnect semiconductor products. In February 2014, it formed Mellanox Capital.