Cavium INC (CAVM) Shareholder Raging Capital Management LLC Boosted Its Stake by $21.89 Million

March 14, 2018 - By Peter Erickson

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.13, from 1.11 in 2017Q2. It is negative, as 45 investors sold CAVM shares while 65 reduced holdings. 31 funds opened positions while 77 raised stakes. 67.55 million shares or 0.96% more from 66.91 million shares in 2017Q2 were reported. Quantitative Invest Lc reported 0.04% in Cavium, Inc. (NASDAQ:CAVM). 10,397 are held by Aperio Grp Ltd. First Mercantile holds 3,717 shares. Oberweis Asset Mngmt Inc invested 1.54% of its portfolio in Cavium, Inc. (NASDAQ:CAVM). Eagle Asset Inc owns 807,126 shares. Moreover, Cwm Limited Liability Co has 0% invested in Cavium, Inc. (NASDAQ:CAVM). Perella Weinberg Partners Mgmt LP reported 0.13% stake. Jennison Associates Lc owns 1.94 million shares. Quantum Capital Mngmt stated it has 64,454 shares or 1% of all its holdings. Bnp Paribas Asset Mgmt Holding holds 0.08% of its portfolio in Cavium, Inc. (NASDAQ:CAVM) for 149,417 shares. 19 were reported by Qci Asset Mngmt Ny. Essex Invest Management Co Ltd Co holds 0.41% in Cavium, Inc. (NASDAQ:CAVM) or 46,188 shares. Advsrs Asset holds 0% in Cavium, Inc. (NASDAQ:CAVM) or 688 shares. Us Retail Bank De invested 0% in Cavium, Inc. (NASDAQ:CAVM). 156,970 were accumulated by Icon Advisers Inc.

Since February 16, 2018, it had 0 buys, and 8 sales for $29.03 million activity. Another trade for 16,059 shares valued at $1.41M was made by Jain Anil Kumar on Friday, February 16. The insider Hussain Muhammad Raghib sold $1.74 million. 118,202 Cavium, Inc. (NASDAQ:CAVM) shares with value of $10.37M were sold by CHADWICK ARTHUR D. Ali Syed also sold $11.09M worth of Cavium, Inc. (NASDAQ:CAVM) shares. Another trade for 12,500 shares valued at $1.11M was sold by THORNLEY ANTHONY S.

William C. Martin increased its stake in Cavium Inc (CAVM) by 835.9% based on its latest 2017Q3 regulatory filing with the SEC. Raging Capital Management Llc bought 336,811 shares as the company’s stock rose 6.47% with the market. The hedge fund run by William C. Martin held 377,104 shares of the technology company at the end of 2017Q3, valued at $24.87 million, up from 40,293 at the end of the previous reported quarter. Raging Capital Management Llc who had been investing in Cavium Inc for a number of months, seems to be bullish on the $6.08B market cap company. The stock increased 0.12% or $0.1 during the last trading session, reaching $87.05. About 980,858 shares traded. Cavium, Inc. (NASDAQ:CAVM) has risen 55.16% since March 14, 2017 and is uptrending. It has outperformed by 38.46% the S&P500.

Raging Capital Management Llc, which manages about $631.31 million and $643.69M US Long portfolio, decreased its stake in Pacific Biosciences Calif In (NASDAQ:PACB) by 710,937 shares to 4.42 million shares, valued at $23.23M in 2017Q3, according to the filing.

More important recent Cavium, Inc. (NASDAQ:CAVM) news were published by: which released: “Form SC 13G/A CAVIUM, INC. Filed by: FMR LLC” on March 12, 2018, also published article titled: “Form 425 CAVIUM, INC. Filed by: CAVIUM, INC.”, published: “Cavium, BT, Nokia and the Telecom Infra Project to Integrate OpenCellular Base …” on February 26, 2018. More interesting news about Cavium, Inc. (NASDAQ:CAVM) was released by: and their article: “Cavium and Sprint Collaborate for NFV Testing on Packet’s Public Cloud” with publication date: February 26, 2018.

Cavium, Inc. (NASDAQ:CAVM) Ratings Coverage

Among 24 analysts covering Cavium Networks Inc. (NASDAQ:CAVM), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. Cavium Networks Inc. had 71 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, October 29, the company rating was maintained by Needham. The firm has “Outperform” rating given on Thursday, April 28 by Wedbush. The firm has “Sector Perform” rating by Pacific Crest given on Thursday, June 16. The stock of Cavium, Inc. (NASDAQ:CAVM) earned “Underperform” rating by JMP Securities on Monday, November 23. Loop Capital Markets maintained Cavium, Inc. (NASDAQ:CAVM) rating on Thursday, November 2. Loop Capital Markets has “Buy” rating and $81.0 target. As per Wednesday, January 31, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Monday, October 16 by KeyBanc Capital Markets. The stock of Cavium, Inc. (NASDAQ:CAVM) earned “Hold” rating by Canaccord Genuity on Thursday, June 16. The rating was upgraded by Benchmark to “Buy” on Wednesday, May 4. Canaccord Genuity maintained Cavium, Inc. (NASDAQ:CAVM) on Thursday, November 2 with “Hold” rating.

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