Mellanox Technologies CFO Yakov (Jacob)

Mellanox Technologies CFO Yakov (Jacob) Welcome to a Laptop AC Adapter specialist of the Sony Ac Adapter
Mellanox Technologies (NASDAQ:MLNX) CFO Yakov (Jacob) Shulman sold 2,376 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $47.13, for a total transaction of $111,980.88. Following the transaction, the chief financial officer now owns 33,837 shares in the company, valued at approximately $1,594,737.81. The sale was disclosed in a filing with the SEC, which is available at this link.
A number of analysts recently issued reports on the stock. Zacks cut shares of Mellanox Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 22nd. Topeka Capital Markets increased their target price on shares of Mellanox Technologies from $40.00 to $48.00 and gave the company a “hold” rating in a research report on Thursday, October 22nd. Summit Research restated a “buy” rating and set a $65.00 with adapter like eMachines D520 AC adapter, eMachines E730 AC adapter, eMachines G520 AC adapter, Gateway LT1005 AC adapter, Gateway 0220A1990 AC adapter, Gateway ADP-50GB AC adapter, Gateway PA-1650-01 AC adapter, Gateway 0220A1890 AC adapter, Gateway SA70-3105 T4010 AC adapter, Gateway ADP-60DH AC adapter, Gateway Solo 9100 AC adapter, Gateway S7200 AC adapterprice objective on shares of Mellanox Technologies in a research report on Thursday, October 1st. Nomura reissued a “buy” rating on shares of Mellanox Technologies in a research note on Thursday, October 1st. Finally, Jefferies Group reiterated a “hold” rating and issued a $42.00 price target (down previously from $50.00) on shares of Mellanox Technologies in a research note on Thursday, October 1st. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $58.38.
Mellanox Technologies (NASDAQ:MLNX) traded down 1.10% during trading on Thursday, reaching $46.94. 272,030 shares of the company were exchanged. Mellanox Technologies has a 52-week low of $32.24 and a 52-week high of $52.77. The stock has a market capitalization of $2.20 billion and a PE ratio of 49.05. The firm’s 50 day moving average is $43.49 and its 200 day moving average is $45.53.
Mellanox Technologies (NASDAQ:MLNX) last posted its quarterly earnings results on Wednesday, October 21st. The company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.04. During the same period in the prior year, the company posted $0.38 earnings per share. The firm had revenue of $171.40 million for the quarter, compared to analyst estimates of $167.83 million. The business’s revenue was up 42.0% on a year-over-year basis. Analysts expect that Mellanox Technologies will post $2.81 EPS for the current year.
Mellanox Technologies, Ltd. is a fabless semiconductor business. The Company designs, manufactures and sells solutions and interconnect products in line with the InfiniBand and Ethernet standards. Its products facilitate data transmission between other embedded systems, storage systems, communications infrastructure equipment and servers. Its products include integrated circuits (NASDAQ:MLNX), adapter cards, switch systems, cables, modules, software, services and accessories for networking solution focused on computing, storage and communication applications found in multiple markets, including high-performance computing, Web 2.0, storage, financial services, enterprise data center and cloud. Its InfiniBand products include adapter ICs and cards (ConnectX and ConnectIB product family) and switch ICs (InfiniScale, SwitchX, SwitchX-2 and Switch-IB merchandise families) and systems, gateway ICs (BridgeX product family) and gateway systems, long-haul systems (MetroX), software, cables and modules.