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 earnings results on Tuesday, April, 17th. The semiconductor producer reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.13. The semiconductor producer had revenue of $251 million for 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 quarterly revenue was up 33.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.29 earnings per share. 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 12-month price objectives for Mellanox Technologies' stock. Their forecasts range from $38.00 to $103.00. On average, they expect Mellanox Technologies' stock price to reach $86.60 in the next twelve months. View Analyst Ratings for Mellanox Technologies.

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

Some companies that are related to Mellanox Technologies include 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), UMC (UMC), Semiconductor Manufacturing Int'l (SMI), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY), Monolithic Power Systems (MPWR) and Cavium (CAVM).

Media stories about MLNX stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mellanox Technologies earned a daily sentiment score of 0.10 on Accern's scale. They also assigned news coverage about the semiconductor producer an impact score of 46.34 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Mellanox Technologies' stock is owned by a number 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 acquired 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 $84.35.

Mellanox Technologies has a market capitalization of $4.48 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]