AeroVironment, Inc. (AVAV) Reaches $46.89 After 4.00% Up Move; Cavium (CAVM) Shorts Increased By 8.96%

August 30, 2017 - By Darrin Black

Cavium Incorporated (NASDAQ:CAVM) had an increase of 8.96% in short interest. CAVM’s SI was 3.80M shares in August as released by FINRA. Its up 8.96% from 3.49M shares previously. With 897,700 avg volume, 4 days are for Cavium Incorporated (NASDAQ:CAVM)’s short sellers to cover CAVM’s short positions. The SI to Cavium Incorporated’s float is 5.79%. About 43,081 shares traded. Cavium Inc (NASDAQ:CAVM) has risen 55.16% since August 30, 2016 and is uptrending. It has outperformed by 38.46% the S&P500.

The stock of AeroVironment, Inc. (NASDAQ:AVAV) is a huge mover today! About 588,461 shares traded or 167.00% up from the average. AeroVironment, Inc. (NASDAQ:AVAV) has risen 11.69% since August 30, 2016 and is uptrending. It has underperformed by 5.01% the S&P500.The move comes after 9 months positive chart setup for the $1.12 billion company. It was reported on Aug, 30 by Barchart.com. We have $48.77 PT which if reached, will make NASDAQ:AVAV worth $44.80M more.

Since March 1, 2017, it had 0 insider buys, and 5 insider sales for $10.80 million activity. 15,000 shares were sold by Pangrazio Vincent P, worth $1.14 million on Tuesday, May 16. Jain Anil Kumar also sold $1.12M worth of Cavium Inc (NASDAQ:CAVM) on Tuesday, May 16. $4.45 million worth of Cavium Inc (NASDAQ:CAVM) was sold by CHADWICK ARTHUR D.

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 $4.21 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).

Investors sentiment decreased to 1.11 in Q4 2016. Its down 0.09, from 1.2 in 2016Q3. It fall, 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. Voya Investment Mngmt Limited Liability Company has 26,284 shares. Blair William & Il holds 81,849 shares or 0.05% of its portfolio. Envestnet Asset Mgmt holds 0% in Cavium Inc (NASDAQ:CAVM) or 4,170 shares. The New York-based Tiaa Cref Inv Mgmt has invested 0.01% in Cavium Inc (NASDAQ:CAVM). Commonwealth Equity Serv Incorporated reported 6,253 shares. Carlson Lp stated it has 145,488 shares or 0.11% of all its holdings. Metropolitan Life Insurance Ny holds 0.02% or 43,793 shares in its portfolio. Rhumbline Advisers reported 77,338 shares. 3,243 are held by First Republic Mngmt. Utd Service Automobile Association has 349,106 shares. Sheets Smith Wealth Mgmt, a North Carolina-based fund reported 8,977 shares. D E Shaw & reported 11,858 shares. Ameritas Invest Ptnrs Incorporated owns 5,446 shares or 0.02% of their US portfolio. First Personal Fincl Service reported 510 shares or 0.01% of all its holdings. Proshare Advisors Lc reported 14,276 shares.

Among 21 analysts covering Cavium Networks Inc. (NASDAQ:CAVM), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Cavium Networks Inc. had 49 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, August 3, the company rating was maintained by Susquehanna. The stock of Cavium Inc (NASDAQ:CAVM) earned “Hold” rating by Canaccord Genuity on Monday, July 10. The stock of Cavium Inc (NASDAQ:CAVM) earned “Hold” rating by Jefferies on Thursday, June 1. The rating was initiated by Bank of America with “Neutral” on Thursday, December 10. Jefferies maintained Cavium Inc (NASDAQ:CAVM) rating on Friday, August 11. Jefferies has “Buy” rating and $7900 target. The stock has “Buy” rating by Brean Capital on Tuesday, May 3. The firm earned “Hold” rating on Thursday, August 3 by Rosenblatt. The rating was initiated by Susquehanna with “Positive” on Tuesday, September 20. The firm has “Buy” rating by Bank of America given on Thursday, February 16. Topeka Capital Markets maintained it with “Hold” rating and $61 target in Thursday, July 30 report.

Since March 20, 2017, it had 0 buys, and 5 selling transactions for $3.52 million activity. The insider Conver Timothy E sold 87,577 shares worth $2.41 million. Flittie Kirk J. also sold $374,503 worth of AeroVironment, Inc. (NASDAQ:AVAV) shares. Karklin Kenneth D. sold $3,120 worth of stock.

AeroVironment, Inc. designs, develops, produces, supports and operates a portfolio of services and products for government agencies, businesses and consumers. The company has market cap of $1.12 billion. The Firm operates through two divisions: Unmanned Aircraft Systems , which focuses primarily on the design, development, production, support and operation of UAS and tactical missile systems that provide situational awareness, multi-band communications, force protection and other mission effects, and Efficient Energy Systems (EES), which focuses primarily on the design, development, production, marketing, support and operation of electric energy systems. It has a 97.75 P/E ratio. The Firm supplies UAS, tactical missile systems and related services primarily to organizations within the United States Department of Defense (DoD).

Among 5 analysts covering AeroVironment (NASDAQ:AVAV), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. AeroVironment had 15 analyst reports since August 21, 2015 according to SRatingsIntel. Piper Jaffray maintained AeroVironment, Inc. (NASDAQ:AVAV) rating on Wednesday, December 9. Piper Jaffray has “Overweight” rating and $35 target. The stock of AeroVironment, Inc. (NASDAQ:AVAV) has “Overweight” rating given on Monday, September 14 by Piper Jaffray. The firm has “Hold” rating given on Monday, July 3 by Piper Jaffray. As per Monday, July 3, the company rating was downgraded by . The firm has “Neutral” rating given on Thursday, October 6 by Robert W. Baird. The stock has “Hold” rating by Canaccord Genuity on Thursday, August 10. The company was downgraded on Thursday, September 3 by TheStreet. Zacks upgraded AeroVironment, Inc. (NASDAQ:AVAV) on Monday, August 31 to “Sell” rating. Canaccord Genuity maintained AeroVironment, Inc. (NASDAQ:AVAV) on Wednesday, September 2 with “Hold” rating. The stock of AeroVironment, Inc. (NASDAQ:AVAV) has “Hold” rating given on Friday, June 23 by Jefferies.

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