Marvell Technology Group Ltd.

Marvell Technology Group Ltd.

Marvell Technology Group Ltd.

(MRVL) traded down 0.80% on Thursday, hitting $17.47. It is down 38.62% since September 5, 2016 and is uptrending. The original version of this piece can be viewed at

The stock last traded at $17.61 just a bit higher than the 50 day moving average which is $16.18 and slightly over the 200 day moving average of $16.13.

Jennison Associates LLC acquired a new stake in Marvell Technology Group Ltd. (NASDAQ:MRVL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. It has outperformed by 47.84% the S&P500. Jefferies restated a "hold" recommendation and given a $18.50 target price (down from $19.00) on stocks of Marvell Technology Group in a study analysis published on early Thur, Aug 24th. Therefore 50% are positive. Citigroup Inc. raised Marvell Technology Group to an "outperform" rating and set a $23.00 target price for the company in a research report on Friday, May 26th. BidaskClub upgraded shares of Marvell Technology Group from a "strong sell" rating to a "sell" rating in a research note on Wednesday, August 16th. Cowen & Co maintained it with "Buy" rating and $21.0 target in Sunday, August 20 report. The firm has "Outperform" rating given on Friday, February 3 by RBC Capital Markets. Timpani Management Ltd holds 0.51% of its portfolio in Rudolph Technologies Inc (NYSE:RTEC) for 52,707 shares. The firm earned "Hold" rating on Tuesday, August 1 by Stifel Nicolaus. The stock has "Neutral" rating by Susquehanna on Tuesday, September 20. Credit Suisse downgraded Rudolph Technologies Inc (NYSE:RTEC) on Monday, January 9 to "Neutral" rating. The company was downgraded on Tuesday, October 27 by UBS.

Kaia Gerber Makes Runway Debut at Calvin Klein
Kaia recently said she always wanted to follow in her mum's footsteps and become a model. She said: "It's really hard , because you have a lot of different things going on.

Among 6 analysts covering Rudolph Tech (NYSE:RTEC), 4 have Buy rating, 1 Sell and 1 Hold.

Investors sentiment increased to 1.68 in Q4 2016. 177.25 million shares or 1.59% more from 174.48 million shares in 2016Q3 were reported.

Glenview Capital Management Llc decreased Marvell Technology Group Ltd (MRVL) stake by 14.21% reported in 2016Q4 SEC filing. 96 funds opened positions while 157 raised stakes. The active investment managers in our partner's database now hold: 354.78 million shares, down from 363.11 million shares in 2016Q3. Renaissance Technology Ltd Liability Corp stated it has 2.50 million shares. Lincoln Corporation reported 0.04% stake. Qs Ltd Com reported 37,540 shares stake. Marvell Technology Group Ltd. has a one year low of $12.03 and a one year high of $18.18. Keybank National Association Oh stated it has 103,809 shares or 0.02% of all its holdings. Jacobs Levy Equity Mngmt accumulated 2.17 million shares. Montag A Inc owns 547,805 shares or 0.9% of their USA portfolio. The company saw 3.58 million shares trade hands over the course of the day. The New York-based 13D Management Llc has invested 6.75% in the stock. Geode Cap Management Limited Liability Co has 435,980 shares for 0% of their portfolio. Dekabank Deutsche Girozentrale reported 0% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). Blackrock Japan invested in 0.02% or 511,063 shares. Voya Inv Mgmt invested 0% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). Clearbridge Invests Ltd Llc invested in 101,758 shares. Marvell Technology Group Ltd. (MRVL) has $8.48B valuation. The company has market cap of $14.87 billion. It has a 22.87 P/E ratio. Two brokerage firms recommended the company shares with a sell recommendation, nine have issued a hold recommendation, fifteen have issued a buy recommendation and 1 have issued a strong buy recommendation to the share. It also reduced Patterson Uti Energy Inc (Put) (NASDAQ:PTEN) stake by 23,395 shares and now owns 39,491 shares. Schlumberger Ltd Com (NYSE:SLB) was raised too. In the latest earnings report the EPS was $0.52 and is expected to be $1.12 for the current year with 500,816,000 shares presently outstanding. Its down 0.15, from 1.27 in 2016Q3. Sold All: 25 Reduced: 106 Increased: 95 New Position: 71. Glg Limited Liability Company reported 0.44% stake. The institutional investor owned 4,461,600 shares of the semiconductor company's stock after acquiring an additional 1,677,100 shares during the quarter. The Oregon-based Pacific Ridge Capital Limited Liability Company has invested 1.11% in Rudolph Technologies Inc (NYSE:RTEC). Vanguard Group Inc. grew its holdings in shares of Marvell Technology Group by 2.9% in the first quarter. Pennsylvania Tru Com holds 0.62% or 54,950 shares. Bankshares Of America De holds 0% or 26,396 shares in its portfolio. Moreover, Shannon River Fund Management Llc has 8.64% invested in the company for 2.00 million shares. Winslow Evans And Crocker has invested 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL).

Related news