Cavium, Inc. (NASDAQ:CAVM) SVP Vincent P. Pangrazio sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $77.22, for a total value of $1,158,300.00. Following the completion of the transaction, the senior vice president now directly owns 60,039 shares of the company’s stock, valued at $4,636,211.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Cavium, Inc. (CAVM) opened at $77.21 on Wednesday. The stock has a market capitalization of $5,348.36, a price-to-earnings ratio of 71.63, a price-to-earnings-growth ratio of 2.79 and a beta of 1.27. Cavium, Inc. has a 12-month low of $53.73 and a 12-month high of $77.60. The company has a current ratio of 2.87, a quick ratio of 2.27 and a debt-to-equity ratio of 0.81.

Cavium (NASDAQ:CAVM) last posted its earnings results on Wednesday, November 1st. The semiconductor provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.02. The firm had revenue of $251.99 million for the quarter, compared to the consensus estimate of $250.16 million. Cavium had a positive return on equity of 11.16% and a negative net margin of 19.94%. The business’s quarterly revenue was up 49.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.43 earnings per share. sell-side analysts forecast that Cavium, Inc. will post 1.33 EPS for the current year.

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Several equities analysts recently commented on CAVM shares. Jefferies Group LLC set a $79.00 price objective on Cavium and gave the company a “buy” rating in a research note on Thursday, October 19th. MKM Partners reiterated a “buy” rating and issued a $81.00 price objective on shares of Cavium in a research note on Wednesday, August 16th. Barclays PLC upgraded Cavium from an “equal weight” rating to an “overweight” rating in a research note on Friday, July 21st. Loop Capital reiterated a “buy” rating and issued a $81.00 price objective on shares of Cavium in a research note on Tuesday, August 22nd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $78.00 price objective on shares of Cavium in a research note on Thursday, November 2nd. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $77.88.

Several large investors have recently bought and sold shares of CAVM. Solaris Asset Management LLC increased its holdings in shares of Cavium by 43.4% in the second quarter. Solaris Asset Management LLC now owns 2,295 shares of the semiconductor provider’s stock worth $143,000 after purchasing an additional 695 shares during the period. BNP Paribas Arbitrage SA increased its holdings in shares of Cavium by 107.3% in the second quarter. BNP Paribas Arbitrage SA now owns 2,579 shares of the semiconductor provider’s stock worth $160,000 after purchasing an additional 1,335 shares during the period. World Asset Management Inc bought a new position in shares of Cavium in the third quarter worth $203,000. Tudor Investment Corp ET AL bought a new position in shares of Cavium in the second quarter worth $228,000. Finally, Pacad Investment Ltd. increased its holdings in shares of Cavium by 42.3% in the second quarter. Pacad Investment Ltd. now owns 3,700 shares of the semiconductor provider’s stock worth $230,000 after purchasing an additional 1,100 shares during the period.

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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