August 3, 2017 – By Louis Casey
Independence Holding Company is a holding firm principally engaged in the life and health insurance business. The company has market cap of $357.85 million. The Company’s divisions include Medical Stop-Loss; Fully Insured Health; Group disability, life and DBL; Individual life, annuities and other, and Corporate. It has a 17.79 P/E ratio. The Firm is a writer across the nation of excess or stop-loss insurance for self-insured employer groups that desire to manage the risk of large medical claims (Medical Stop-Loss).
Among 20 analysts covering Cavium Networks Inc. (NASDAQ:CAVM), 13 have Buy rating, 1 Sell and 6 Hold. Therefore 65% are positive. Cavium Networks Inc. has $85 highest and $48 lowest target. $69.23’s average target is 11.48% above currents $62.1 stock price. Cavium Networks Inc. had 43 analyst reports since July 31, 2015 according to SRatingsIntel. As per Tuesday, May 3, the company rating was initiated by Brean Capital. Benchmark maintained the stock with “Buy” rating in Wednesday, November 2 report. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, April 28. Susquehanna initiated the stock with “Positive” rating in Tuesday, September 20 report. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, October 29. Oppenheimer maintained Cavium Inc (NASDAQ:CAVM) on Thursday, August 3 with “Hold” rating. Canaccord Genuity downgraded Cavium Inc (NASDAQ:CAVM) on Thursday, June 16 to “Hold” rating. Needham maintained Cavium Inc (NASDAQ:CAVM) on Thursday, October 29 with “Buy” rating. The stock has “Buy” rating by Needham on Thursday, July 30. The rating was maintained by Jefferies on Thursday, June 1 with “Hold”.
Investors sentiment decreased to 0.93 in Q4 2016. Its down 0.89, from 1.82 in 2016Q3. It turned negative, as 28 investors sold Cavium Inc shares while 78 reduced holdings. 35 funds opened positions while 64 raised stakes. 72.64 million shares or 5.12% more from 69.10 million shares in 2016Q3 were reported. Century holds 0.05% or 816,739 shares. Summit Secs Grp Ltd Liability Corp owns 9,909 shares. Eagle Asset invested in 1.49 million shares. Geneva Advsrs Ltd Limited Liability Company stated it has 14,288 shares. Arcadia Management Mi holds 0.54% or 26,594 shares. Fisher Asset Management Ltd Liability invested in 0.01% or 110,523 shares. Fmr Ltd holds 0.08% or 10.05 million shares in its portfolio. Price T Rowe Associates Md has 4.08M shares. 7,118 are held by Keybank Association Oh. Westfield Mgmt Ltd Partnership stated it has 0.17% of its portfolio in Cavium Inc (NASDAQ:CAVM). 3,777 are owned by Tower Ltd Liability (Trc). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 16,459 shares. Ubs Asset Mngmt Americas Incorporated holds 246,910 shares or 0.02% of its portfolio. Da Davidson, a Montana-based fund reported 2,642 shares. Great West Life Assurance Can stated it has 0% of its portfolio in Cavium Inc (NASDAQ:CAVM).
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 has market cap of $4.22 billion. 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. It currently has negative earnings. A range of its products also include a suite of embedded security protocols that enable unified threat management , secure connectivity, network perimeter protection and deep packet inspection (DPI).
About 1.31M shares traded or 4.80% up from the average. Cavium Inc (NASDAQ:CAVM) has risen 55.16% since August 3, 2016 and is uptrending. It has outperformed by 38.46% the S&P500.
Since February 6, 2017, it had 0 insider purchases, and 9 sales for $19.49 million activity. Another trade for 12,500 shares valued at $821,000 was sold by THORNLEY ANTHONY S. 15,000 Cavium Inc (NASDAQ:CAVM) shares with value of $1.08M were sold by Pangrazio Vincent P. Hussain Muhammad Raghib also sold $6.02 million worth of Cavium Inc (NASDAQ:CAVM) shares. CHADWICK ARTHUR D had sold 63,813 shares worth $4.45 million on Wednesday, March 8. Jain Anil Kumar sold $1.12 million worth of stock or 14,769 shares. MEHROTRA SANJAY sold $837,500 worth of stock or 12,500 shares.
About 1,828 shares traded. Independence Holding Company (IHC) has risen 12.78% since August 3, 2016 and is uptrending. It has underperformed by 3.92% the S&P500.
Amici Capital Llc holds 4.04% of its portfolio in Independence Holding Company for 531,107 shares. Eam Investors Llc owns 84,013 shares or 0.22% of their US portfolio. Moreover, Accredited Investors Inc. has 0.11% invested in the company for 21,236 shares. The California-based Rbf Capital Llc has invested 0.04% in the stock. Tcw Group Inc, a California-based fund reported 268,682 shares.
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By Louis Casey