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Cavium (NASDAQ:CAVM) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Cavium (NASDAQ:CAVM) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Other large investors have also bought and sold shares of the company. The stock's average target of $74 is -16.10% below today's ($88.2) share price. $87.5. The date was February 21, 2018 when Anil made the deal, and it was disclosed in a report with the SEC, at your disposal for a review on this website. Northern Trust accumulated 207,878 shares or 0% of the stock. The stock increased 0.86% or $0.375 during the last trading session, reaching $43.885. About 34,559 shares traded. It is down 0.00% since February 23, 2017 and is. It has outperformed by 15.06% the S&P500.

A number of analysts have issued reports on CAVM shares. They expect $-0.12 earnings per share, down 271.43% or $0.19 from last year's $0.07 per share. The semiconductor provider reported $0.83 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.02. The Santa Barbara Asset Management Llc holds 2.48M shares with $100.89M value, up from 2.44M last quarter. Oberweis Asset Inc holds 1.54% or 83,670 shares. Moreover, Alphaone Investment Services Llc has 0.83% invested in the company for 164,000 shares.

COPYRIGHT VIOLATION NOTICE: "Teacher Retirement System of Texas Raises Position in Cavium Inc (CAVM)" was reported by Enterprise Leader and is the property of of Enterprise Leader. Quantum Capital Management, a California-based fund reported 70,178 shares.

The stock decreased 0.06% or $0.05 during the last trading session, reaching $88.41. Its down 0.08, from 1.27 in 2017Q2.

The stock of Cavium Inc (NASDAQ:CAVM) registered a decrease of 18.3% in short interest. Russell Investments Group Ltd. boosted its holdings in shares of Cavium by 31.5% during the 3rd quarter. (NASDAQ:CAVM). Regent Mgmt Ltd Liability Co holds 51,210 shares or 1.14% of its portfolio. BFEHF's SI was 1,100 shares in February as released by FINRA. Woodstock invested in 0.07% or 5,773 shares. Vanguard Grp invested 0% of its portfolio in Vicor Corporation (NASDAQ:VICR). Cavium, Inc. (NASDAQ:CAVM) has risen 55.16% since February 23, 2017 and is uptrending. (NASDAQ:CAVM) rating on Tuesday, January 24. Eagle Asset Mngmt reported 807,126 shares. 800 were accumulated by Alphaone Investment Lc. Avalon Asset Mgmt Ltd Limited Liability Company has invested 2.31% of its portfolio in Cavium, Inc.

Among 24 analysts covering Cavium Networks Inc. Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Therefore 42% are positive. Cavium Inc has a 12-month low of $56.96 and a 12-month high of $90.83. Cavium now has an average rating of "Hold" and a consensus target price of $79.93. The firm earned "Hold" rating on Thursday, June 16 by Jeffries. The stock has "Underperform" rating by Bank of America on Tuesday, November 22. Jeffries downgraded the stock to "Hold" rating in Thursday, June 16 report. $10.37M worth of Cavium, Inc. The rating was maintained by Benchmark with "Buy" on Wednesday, November 2. The firm has "Buy" rating by Jefferies given on Thursday, September 14. The rating was downgraded by Morgan Stanley on Tuesday, November 21 to "Equal-Weight". $1.11 million worth of Cavium, Inc. Stifel Nicolaus increased their price target on shares of Cavium from $68.00 to $81.00 and gave the stock a "hold" rating in a research report on Thursday, February 1st. Jefferies maintained Cavium, Inc. Canaccord Genuity has "Hold" rating and $85.0 target. (NASDAQ:CAVM) on Saturday, September 5 with "Overweight" rating.

Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks in the United States and internationally. Davis R M Inc who had been investing in 3M Co for a number of months, seems to be less bullish one the $140.03 billion market cap company. The firm offers integrated semiconductor processors that enable intelligent processing for wired and wireless infrastructure and cloud for networking, communications, storage, and security applications. 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.

Analysts await Cavium, Inc. (NASDAQ:CAVM) has "Hold" rating given on Thursday, July 30 by Topeka Capital Markets. CAVM's profit will be $28.59M for 53.82 P/E if the $0.41 EPS becomes a reality. During the same period in the prior year, the business earned $0.56 EPS. About 252,478 shares traded. Also, CFO Arthur D. Chadwick sold 67,404 shares of the firm's stock in a transaction that occurred on Friday, February 16th. It has outperformed by 38.46% the S&P500.

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