NASDAQ:MLNX - Mellanox Technologies Stock Price, Price Target & More

Mellanox Technologies trades on the NASDAQ under the ticker symbol "MLNX."

Mellanox Technologies, Ltd. (NASDAQ:MLNX) released its quarterly earnings data on Tuesday, April, 17th. The semiconductor producer reported $0.98 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.85 by $0.13. The semiconductor producer earned $251 million during the quarter, compared to analyst estimates of $244.93 million. Mellanox Technologies had a return on equity of 8.00% and a net margin of 3.31%. The company's revenue was up 33.0% on a year-over-year basis. During the same quarter last year, the business posted $0.29 EPS. View Mellanox Technologies' Earnings History.

Mellanox Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Mellanox Technologies.

13 Wall Street analysts have issued 1 year price targets for Mellanox Technologies' shares. Their forecasts range from $38.00 to $103.00. On average, they anticipate Mellanox Technologies' share price to reach $86.60 in the next twelve months. View Analyst Ratings for Mellanox Technologies.

Mellanox Technologies saw a drop in short interest in May. As of May 15th, there was short interest totalling 412,797 shares, a drop of 38.1% from the April 30th total of 666,598 shares. Based on an average trading volume of 400,176 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.9% of the company's stock are short sold. View Mellanox Technologies' Current Options Chain.

Some companies that are related to Mellanox Technologies include Skyworks Solutions (SWKS), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL), ON Semiconductor (ON), Qorvo (QRVO), ASE INDL HLDG C/S (ASX), Microsemi (MSCC), United Microelectronics (UMC), Semiconductor Manufacturing Int'l (SMI), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY) and Monolithic Power Systems (MPWR).

Media stories about MLNX stock have been trending somewhat negative this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mellanox Technologies earned a news impact score of -0.18 on Accern's scale. They also assigned media headlines about the semiconductor producer an impact score of 46.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Mellanox Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Menora Mivtachim Holdings LTD. (3.91%), Clal Insurance Enterprises Holdings Ltd (3.55%), Massachusetts Financial Services Co. MA (3.29%), Senvest Management LLC (2.99%), Ion Asset Management Ltd. (2.77%) and FIL Ltd (2.52%). Company insiders that own Mellanox Technologies stock include Amal M Johnson, Dov Baharav, Efrat Makov, Eyal Waldman, Glenda Dorchak, Jon A Olson, Jonathan Khazam, Jorge Titinger, Marc Sultzbaugh, Michael Kagan, Shai Cohen and Yakov (Jacob) Shulman. View Institutional Ownership Trends for Mellanox Technologies.

MLNX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Massachusetts Financial Services Co. MA, Cortina Asset Management LLC, Heartland Advisors Inc., Menora Mivtachim Holdings LTD., Ion Asset Management Ltd., Loomis Sayles & Co. L P and Russell Investments Group Ltd.. Company insiders that have sold Mellanox Technologies company stock in the last year include Amal M Johnson, Dov Baharav, Eyal Waldman, Glenda Dorchak, Marc Sultzbaugh, Michael Kagan, Shai Cohen and Yakov (Jacob) Shulman. View Insider Buying and Selling for Mellanox Technologies.

MLNX stock was purchased by a variety of institutional investors in the last quarter, including Senvest Management LLC, Clal Insurance Enterprises Holdings Ltd, Jericho Capital Asset Management L.P., Cookson Peirce & Co. Inc., BlackRock Inc., FIL Ltd, Royal Bank of Canada and Sandler Capital Management. Company insiders that have bought Mellanox Technologies stock in the last two years include Efrat Makov, Jon A Olson, Jonathan Khazam and Jorge Titinger. View Insider Buying and Selling for Mellanox Technologies.

Shares of MLNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MLNX stock can currently be purchased for approximately $86.50.

Mellanox Technologies has a market capitalization of $4.60 billion and generates $863.89 million in revenue each year. The semiconductor producer earns $-19,420,000.00 in net income (profit) each year or $0.91 on an earnings per share basis. Mellanox Technologies employs 2,723 workers across the globe.

Mellanox Technologies' mailing address is Beit Mellanox, Yokneam L3, 20692. The semiconductor producer can be reached via phone at 972-4909-7200 or via email at [email protected]