Trending Stock News

Stephens Investment Management Group Raised Its Boingo Wireless (WIFI) Stake; Profile of 26 Analysts Covering Marvell Technology Group Ltd. (MRVL)

Marvell Technology Group Ltd. (NASDAQ:MRVL) Logo

Stephens Investment Management Group Llc increased Boingo Wireless Inc (WIFI) stake by 128.57% reported in 2017Q4 SEC filing. Stephens Investment Management Group Llc acquired 280,089 shares as Boingo Wireless Inc (WIFI)’s stock rose 8.78%. The Stephens Investment Management Group Llc holds 497,946 shares with $11.20M value, up from 217,857 last quarter. Boingo Wireless Inc now has $848.45M valuation. The stock decreased 0.34% or $0.07 during the last trading session, reaching $20.29. About 50,335 shares traded. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 93.99% since May 16, 2017 and is uptrending. It has outperformed by 82.44% the S&P500.

Among 39 analysts covering Marvell Technology Group (NASDAQ:MRVL), 26 have Buy rating, 1 Sell and 12 Hold. Therefore 67% are positive. Marvell Technology Group had 127 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Monday, November 27. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) earned “Hold” rating by Credit Suisse on Tuesday, November 21. Cowen & Co maintained the shares of MRVL in report on Monday, November 6 with “Buy” rating. Jefferies maintained Marvell Technology Group Ltd. (NASDAQ:MRVL) on Thursday, May 25 with “Hold” rating. The company was maintained on Wednesday, March 7 by Susquehanna. As per Monday, September 14, the company rating was maintained by Jefferies. Jefferies maintained the stock with “Hold” rating in Wednesday, August 23 report. The company was maintained on Monday, November 20 by FBR Capital. The rating was maintained by B. Riley & Co on Monday, August 21 with “Buy”. The firm has “Buy” rating given on Tuesday, November 21 by Craig Hallum. See Marvell Technology Group Ltd. (NASDAQ:MRVL) latest ratings:

18/04/2018 Broker: Longbow Rating: Buy New Target: $27 Initiates Coverage On
05/04/2018 Broker: UBS Rating: Buy New Target: $38 Initiates Coverage On
19/03/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $29.0 Maintain
09/03/2018 Broker: Jefferies Rating: Buy New Target: $29.0 Maintain
09/03/2018 Broker: Cowen & Co Rating: Buy New Target: $29.0 Maintain
09/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $22 New Target: $23 Maintain
09/03/2018 Broker: Oppenheimer Rating: Buy New Target: $30.0 Maintain
08/03/2018 Broker: Piper Jaffray Rating: Buy New Target: $28.0 Maintain
08/03/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $21.0 Maintain
07/03/2018 Broker: Susquehanna Rating: Buy New Target: $29.0 Maintain

More recent Boingo Wireless, Inc. (NASDAQ:WIFI) news were published by: Globenewswire.com which released: “Boingo Wireless Announces Participation at Upcoming May Investor Conferences” on May 02, 2018. Also Profitconfidential.com published the news titled: “Boingo Stock: Gaining from the Rise in Connectivity” on May 14, 2018. Globenewswire.com‘s news article titled: “Boingo Wireless Reports Record First Quarter 2018 Financial Results” with publication date: May 03, 2018 was also an interesting one.

Since December 13, 2017, it had 0 buys, and 11 sales for $10.53 million activity. $1.38M worth of stock was sold by Hovenier Peter on Wednesday, March 7. Hagan David sold $1.50M worth of Boingo Wireless, Inc. (NASDAQ:WIFI) on Thursday, February 22. 11,437 shares valued at $261,346 were sold by Callahan Dawn on Wednesday, December 13. Shares for $193,776 were sold by Finley Michael. The insider Tracey Tom sold 50,000 shares worth $1.29M. Another trade for 12,500 shares valued at $339,875 was made by JONES TERRELL B on Tuesday, March 13. Peterson Derek also sold $668,007 worth of Boingo Wireless, Inc. (NASDAQ:WIFI) on Thursday, March 8.

Investors sentiment decreased to 1.92 in 2017 Q4. Its down 0.16, from 2.08 in 2017Q3. It dropped, as 13 investors sold WIFI shares while 35 reduced holdings. 33 funds opened positions while 59 raised stakes. 35.16 million shares or 5.16% more from 33.43 million shares in 2017Q3 were reported. Driehaus Cap Mgmt accumulated 0.44% or 512,119 shares. Nicholas Investment Ltd Partnership invested in 0.31% or 206,091 shares. Glenmede Trust Na has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). Castleark Lc stated it has 458,666 shares. Deutsche Comml Bank Ag, a Germany-based fund reported 86,631 shares. Tower Research Limited Liability Corporation (Trc) reported 1,912 shares. The Minnesota-based White Pine Ltd Liability has invested 0.93% in Boingo Wireless, Inc. (NASDAQ:WIFI). Ameritas Invest Ptnrs has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). Stephens Investment Mngmt Gp Lc, Texas-based fund reported 497,946 shares. Amer Century Companies owns 0.01% invested in Boingo Wireless, Inc. (NASDAQ:WIFI) for 237,535 shares. Nomura stated it has 48,703 shares or 0% of all its holdings. Parallax Volatility Advisers Limited Partnership invested 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). The New York-based Alliancebernstein Limited Partnership has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). Aperio Gru Lc stated it has 16,536 shares or 0% of all its holdings. 10,250 were accumulated by Suntrust Banks Inc.

Stephens Investment Management Group Llc decreased Aspen Technology Inc (NASDAQ:AZPN) stake by 30,719 shares to 832,909 valued at $55.14M in 2017Q4. It also reduced Imax Corp (NYSE:IMAX) stake by 909,742 shares and now owns 1.07 million shares. Bright Horizons Fam Sol In D (NYSE:BFAM) was reduced too.

Among 10 analysts covering Boingo Wireless (NASDAQ:WIFI), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Boingo Wireless had 24 analyst reports since July 21, 2015 according to SRatingsIntel. Craig Hallum maintained Boingo Wireless, Inc. (NASDAQ:WIFI) rating on Friday, November 4. Craig Hallum has “Buy” rating and $13 target. The rating was maintained by Northland Capital with “Buy” on Monday, November 27. On Tuesday, July 21 the stock rating was initiated by Craig Hallum with “Buy”. On Monday, September 25 the stock rating was maintained by Northland Capital with “Buy”. The firm earned “Buy” rating on Friday, August 4 by Jefferies. On Wednesday, February 28 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Oppenheimer on Wednesday, April 11 with “Buy”. The company was initiated on Wednesday, January 17 by Roth Capital. Oppenheimer maintained the shares of WIFI in report on Thursday, August 3 with “Buy” rating. The rating was maintained by Credit Suisse on Friday, November 3 with “Outperform”.

More news for Marvell Technology Group Ltd. (NASDAQ:MRVL) were recently published by: Fool.com, which released: “Here’s Why Marvell’s Pending Purchase of Cavium Networks Looks Brilliant” on May 12, 2018. Streetinsider.com‘s article titled: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” and published on May 15, 2018 is yet another important article.

The stock decreased 0.09% or $0.02 during the last trading session, reaching $21.68. About 1.33M shares traded. Marvell Technology Group Ltd. (NASDAQ:MRVL) has risen 35.98% since May 16, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. The company has market cap of $10.76 billion. It offers a range of storage products, such as hard disk drive and solid-state drive controllers, as well as HDD components, such as HDD preamps components; and develops software enabled silicon solutions consisting of serial advanced technology attachment port multipliers, bridges, serial attached SCSI, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprise, data centers, and cloud computing businesses. It has a 21.21 P/E ratio. The firm also provides networking products comprising Ethernet solutions comprising Ethernet switches, Ethernet physical-layer transceivers, and single-chip network interface devices; and embedded communication processors.

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.15, from 1.1 in 2017Q3. It is positive, as 28 investors sold Marvell Technology Group Ltd. shares while 99 reduced holdings. 56 funds opened positions while 103 raised stakes. 434.31 million shares or 15.21% more from 376.98 million shares in 2017Q3 were reported. Teacher Retirement Sys Of Texas reported 0.13% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Cibc Ww Inc stated it has 0% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). Vident Advisory Limited Liability Company has 14,473 shares for 0.01% of their portfolio. Sei reported 0.03% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Nicholas Invest Ltd Partnership holds 118,103 shares. Martingale Asset Mgmt Ltd Partnership holds 0.01% or 34,631 shares in its portfolio. Pinebridge Investments Lp owns 87,247 shares or 0.05% of their US portfolio. The Massachusetts-based Arrowstreet L P has invested 0.03% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Macquarie Grp has invested 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Brant Point Inv Mngmt Limited Liability Corporation reported 0.04% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). 710,964 are held by California State Teachers Retirement Systems. Qs Limited Liability Company has invested 0.01% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Baystate Wealth Mngmt has 0% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL). The United Kingdom-based Gsa Cap Partners Limited Liability Partnership has invested 0.05% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Axa stated it has 0.16% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL).

Marvell Technology Group Ltd. (NASDAQ:MRVL) Ratings Chart

Leave a Reply

Your email address will not be published. Required fields are marked *