Cavium (CAVM) Given News Sentiment Rating of 0.06

Media coverage about Cavium (NASDAQ:CAVM) has been trending somewhat positive on Monday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog 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. Cavium earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave media stories about the semiconductor provider an impact score of 46.671379119426 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

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CAVM traded down $0.85 during midday trading on Monday, hitting $78.53. The company had a trading volume of 246,417 shares, compared to its average volume of 1,082,605. The company has a current ratio of 2.80, a quick ratio of 2.26 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $5,544.61, a PE ratio of 981.44, a PEG ratio of 2.14 and a beta of 1.34. Cavium has a twelve month low of $56.96 and a twelve month high of $92.66.

Cavium (NASDAQ:CAVM) last posted its quarterly earnings data on Wednesday, January 31st. The semiconductor provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.02. Cavium had a negative net margin of 7.00% and a positive return on equity of 14.07%. The firm had revenue of $260.36 million during the quarter, compared to analysts’ expectations of $260.05 million. During the same quarter last year, the company posted $0.56 EPS. The company’s quarterly revenue was up 15.1% compared to the same quarter last year. research analysts predict that Cavium will post 1.98 EPS for the current year.

Several research analysts have recently commented on CAVM shares. Raymond James Financial lowered shares of Cavium from an “outperform” rating to a “market perform” rating and set a $80.00 price target on the stock. in a research note on Friday, February 2nd. Stifel Nicolaus raised their target price on shares of Cavium from $68.00 to $81.00 and gave the company a “hold” rating in a research note on Thursday, February 1st. Zacks Investment Research upgraded shares of Cavium from a “sell” rating to a “hold” rating in a research note on Tuesday, January 23rd. Finally, BidaskClub lowered shares of Cavium from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Cavium presently has an average rating of “Hold” and an average target price of $79.33.

In other Cavium news, VP Anil Kumar Jain sold 16,059 shares of Cavium stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $87.51, for a total value of $1,405,323.09. Following the transaction, the vice president now owns 116,274 shares of the company’s stock, valued at $10,175,137.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Anthony S. Thornley sold 12,500 shares of Cavium stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $88.50, for a total transaction of $1,106,250.00. Following the completion of the transaction, the director now directly owns 21,511 shares in the company, valued at approximately $1,903,723.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 353,962 shares of company stock valued at $31,361,100. 4.65% of the stock is owned by corporate insiders.

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About Cavium

Cavium, Inc is a provider of 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.

Insider Buying and Selling by Quarter for Cavium (NASDAQ:CAVM)

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