Cavium Inc (CAVM) Shares Sold by Natixis

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Natixis reduced its stake in Cavium Inc (NASDAQ:CAVM) by 51.4% during the second quarter, Holdings Channel reports. The institutional investor owned 776,787 shares of the semiconductor provider’s stock after selling 820,255 shares during the period. Natixis’ holdings in Cavium were worth $67,192,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Cavium by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 233,867 shares of the semiconductor provider’s stock worth $20,230,000 after buying an additional 615 shares during the last quarter. Amalgamated Bank lifted its holdings in Cavium by 6.8% during the first quarter. Amalgamated Bank now owns 14,322 shares of the semiconductor provider’s stock valued at $1,137,000 after purchasing an additional 909 shares during the last quarter. First Mercantile Trust Co. lifted its holdings in Cavium by 94.3% during the first quarter. First Mercantile Trust Co. now owns 2,015 shares of the semiconductor provider’s stock valued at $160,000 after purchasing an additional 978 shares during the last quarter. Xact Kapitalforvaltning AB lifted its holdings in Cavium by 19.3% during the second quarter. Xact Kapitalforvaltning AB now owns 9,895 shares of the semiconductor provider’s stock valued at $856,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Cavium by 1.3% during the second quarter. Swiss National Bank now owns 121,402 shares of the semiconductor provider’s stock valued at $10,501,000 after purchasing an additional 1,600 shares during the last quarter. 85.82% of the stock is currently owned by institutional investors.

Separately, ValuEngine raised shares of Cavium from a “hold” rating to a “buy” rating in a report on Thursday, June 28th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $78.60.

Shares of Cavium stock remained flat at $$86.23 on Friday. Cavium Inc has a 12-month low of $56.96 and a 12-month high of $92.66. The stock has a market cap of $6.04 billion, a PE ratio of 1,077.88 and a beta of 1.45. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.94 and a quick ratio of 2.36.

Cavium Company Profile

Cavium, Inc designs, develops, and markets semiconductor processors for intelligent and secure networks in the United States and internationally. The company offers integrated semiconductor processors that enable intelligent processing for wired and wireless infrastructure and cloud for networking, communications, storage, and security applications.

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Institutional Ownership by Quarter for Cavium (NASDAQ:CAVM)

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