Marvell Technology Group (MRVL) Receives New Coverage from Analysts at Argus

Marvell Technology Group has an average rating of "Buy" and an average target price of $24.56. Marvell Technology Group had 116 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has "Buy" rating by Argus Research on Monday, November 14. Barclays raised Marvell Technology Group from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $20.00 to $30.00 in a report on Tuesday, November 21st. 596.31 million shares or 1.11% less from 603.00 million shares in 2017Q2 were reported. The firm has "Buy" rating given on Wednesday, September 13 by Susquehanna.

Rgm Capital Llc decreased Model N Inc (MODN) stake by 22.26% reported in 2017Q3 SEC filing. Clearline Capital Lp sold 21,684 shares as the company's stock rose 1.27% with the market. Comcast Corporation traded 19743661 shares at hands when compared with its average volume of 25757.84K shares. Schein Henry Inc now has $10.11 billion valuation. The beta value of MRVL stands at 0.89. Volume is the number of shares or agreement traded in a security or a whole market during a given period. Aon plc (NYSE:AON) has risen 21.47% since March 8, 2017 and is uptrending. It has outperformed by 75.15% the S&P500. (NYSE:MODN) to report earnings on May, 14. Annual EPS Growth of past 5 years is -38.80%. Victory Capital Mgmt reported 3.48M shares or 0.14% of all its holdings.

Since September 5, 2017, it had 0 buys, and 3 sales for $234,062 activity. (NASDAQ:EPZM) has "Buy" rating given on Thursday, June 15 by Leerink Swann. The firm has "Sell" rating by UBS given on Thursday, December 1. Therefore 50% are positive. Epizyme had 31 analyst reports since August 6, 2015 according to SRatingsIntel. Also, Director Michael G. Strachan sold 20,000 shares of the company's stock in a transaction dated Wednesday, January 17th. Brean Capital has "Buy" rating and $12.50 target. As per Wednesday, February 7, the company rating was upgraded by JMP Securities. The rating was maintained by Jefferies on Tuesday, September 5 with "Buy". Loop Capital Markets maintained the shares of MRVL in report on Friday, August 25 with "Buy" rating. RBC Capital Markets has "Outperform" rating and $170 target. The company was downgraded on Tuesday, March 8 by Clarkson Platou.

Investors sentiment increased to 1.25 in 2017 Q3. 17 funds opened positions while 25 raised stakes. Kbc Gp Nv holds 0.07% or 415,258 shares. D E Shaw & accumulated 226,132 shares. 5,750 were accumulated by Thompson Davis Inc. Credit Agricole S A stated it has 63,689 shares. Schwab Charles Inv Mgmt holds 0.02% or 1.54 million shares. Laurion Capital Management LP holds 0% or 800 shares. (NYSE:HOS) for 208,249 shares. Gru One Trading Ltd Partnership holds 1,821 shares. 29,028 were reported by Leavell Management Inc. The James Investment Research Inc holds 9,050 shares with $162,000 value, down from 90,510 last quarter. Trigran Invests Inc has invested 3.32% in Model N, Inc. More interesting news about Marvell Technology Group Ltd. (NASDAQ:MRVL) were released by: Bizjournals.com and their article: "Bay Area Corporate Counsel Awards 2018: Mitch Gaynor of Marvell Technology ..." published on March 02, 2018 as well as Nasdaq.com's news article titled: "Factors to Consider Ahead of Marvell's (MRVL) Q4 Earnings" with publication date: March 05, 2018.

EPS growth estimate for this year is set at 105.60%.The earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding.

As of now, QEP Resources, Inc. has a P/S, P/E and P/B values of 1.42, 8.64 and 0.61 respectively. The Company is engaged in the design, development and sale of integrated circuits. It also develops integrated hardware platforms along with software that incorporates digital computing technologies designed and configured to provide an optimized computing solution. The Company develops System-on-a-Chip (SoC) devices. Its up 0.15, from 1.1 in 2017Q2. It worsened, as 34 investors sold MRVL shares while 102 reduced holdings.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. They see Statoil ASA (STO) price hitting a mean target of $22.09 a share, meaning the stock still has potential that could drag the price another -2.64% Also, the recent close suggests the stock is underpriced by 22.83% compared to the most bullish target. Baystate Wealth Lc reported 0% stake. Point72 Asset Mngmt Limited Partnership holds 0.01% or 146,200 shares. Fiera Capital has 0% invested in The AES Corporation (NYSE:AES) for 11,817 shares. State Street holds 9.11M shares. Comerica Bank & Trust invested in 173,893 shares or 0.01% of the stock. Lucus Advsrs Ltd Liability Com holds 19,354 shares or 0.49% of its portfolio. Marvell Technology Group earned a media sentiment score of 0.20 on Accern's scale. Pensionfund Dsm Netherlands reported 37,000 shares. Walleye Trading Ltd Limited Liability Company has invested 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Jefferies maintained Marvell Technology Group Ltd. (NASDAQ:MRVL) rating on Wednesday, August 23. The firm owned 23,774,459 shares of the semiconductor company's stock after acquiring an additional 728,318 shares during the quarter. About 213,697 shares traded.

The shares of Marvell Technology Group Ltd. have increased by more than 10.34% this year alone.