Sphera Funds Management LTD Upped Its Position in Mellanox Technologies LTD (MLNX) by $1.93 Million as Stock Value Rose; As Sherwin Williams Co (SHW) Shares Declined, Asset Advisors Has Increased by $335,160 Its Stake

August 12, 2018 - By Jack Shaw

Mellanox Technologies, Ltd. (NASDAQ:MLNX) Logo

Asset Advisors Corp increased its stake in Sherwin Williams Co (SHW) by 9.66% based on its latest 2018Q1 regulatory filing with the SEC. Asset Advisors Corp bought 855 shares as the company’s stock declined 2.96% with the market. The institutional investor held 9,705 shares of the building materials company at the end of 2018Q1, valued at $3.81 million, up from 8,850 at the end of the previous reported quarter. Asset Advisors Corp who had been investing in Sherwin Williams Co for a number of months, seems to be bullish on the $41.15B market cap company. The stock decreased 0.24% or $1.06 during the last trading session, reaching $442.99. About 507,322 shares traded. The Sherwin-Williams Company (NYSE:SHW) has risen 17.41% since August 12, 2017 and is uptrending. It has outperformed by 4.84% the S&P500.

Sphera Funds Management Ltd increased its stake in Mellanox Technologies Ltd (MLNX) by 36.53% based on its latest 2018Q1 regulatory filing with the SEC. Sphera Funds Management Ltd bought 26,833 shares as the company’s stock rose 24.89% while stock markets declined. The institutional investor held 100,279 shares of the technology company at the end of 2018Q1, valued at $7.31M, up from 73,446 at the end of the previous reported quarter. Sphera Funds Management Ltd who had been investing in Mellanox Technologies Ltd for a number of months, seems to be bullish on the $4.28 billion market cap company. The stock decreased 1.46% or $1.2 during the last trading session, reaching $80.8. About 134,318 shares traded. Mellanox Technologies, Ltd. (NASDAQ:MLNX) has risen 80.17% since August 12, 2017 and is uptrending. It has outperformed by 67.60% the S&P500. Some Historical MLNX News: 17/04/2018 – Mellanox Sees FY18 Rev $1.03B-$1.05B; 07/03/2018 – Starboard Delivers Open Letter to Mellanox Hldrs; 07/03/2018 – MELLANOX TO HOLD EXTRAORDINARY GENERAL MTG OF HOLDERS IN MAY; 17/05/2018 – Mellanox Had Seen 2018 Rev $1.03B-$1.05B; 07/03/2018 – Starboard Value Files Proxy to Elect Directors to Mellanox Technologies Board; 07/03/2018 – Starboard Value Has 10.6% Interest in Mellanox Technologies; 17/04/2018 – Mellanox 1Q EPS 71c; 19/03/2018 – STARBOARD COMMENTS ON MELLANOX’S DECISION TO DELAY ANNUAL MTG; 12/03/2018 – Mellanox Anticipates Holding Annual General Meeting on July 25; 09/04/2018 – MELLANOX TECHNOLOGIES LTD – CHINESE WEATHER RESEARCH INSTITUTE HAS SELECTED MELLANOX EDR 100 GIGABIT INFINIBAND SOLUTIONS

Among 30 analysts covering Sherwin-Williams Company (NYSE:SHW), 22 have Buy rating, 0 Sell and 8 Hold. Therefore 73% are positive. Sherwin-Williams Company had 72 analyst reports since July 22, 2015 according to SRatingsIntel. Seaport Global upgraded the stock to “Buy” rating in Friday, February 2 report. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, April 4. RBC Capital Markets maintained it with “Buy” rating and $39000 target in Monday, August 14 report. Sterne Agee CRT upgraded The Sherwin-Williams Company (NYSE:SHW) rating on Tuesday, August 25. Sterne Agee CRT has “Neutral” rating and $285.0 target. The firm has “Outperform” rating by Credit Suisse given on Wednesday, October 4. The stock of The Sherwin-Williams Company (NYSE:SHW) has “Buy” rating given on Monday, September 18 by RBC Capital Markets. The company was maintained on Wednesday, October 25 by UBS. The stock of The Sherwin-Williams Company (NYSE:SHW) earned “Overweight” rating by Atlantic Securities on Tuesday, November 29. Credit Suisse downgraded the shares of SHW in report on Thursday, September 28 to “Hold” rating. The stock of The Sherwin-Williams Company (NYSE:SHW) has “Buy” rating given on Wednesday, March 16 by Longbow.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.37, from 1.15 in 2017Q4. It dropped, as 68 investors sold SHW shares while 276 reduced holdings. 59 funds opened positions while 209 raised stakes. 68.11 million shares or 0.62% less from 68.54 million shares in 2017Q4 were reported. Davis R M holds 0.66% or 42,395 shares. Gofen & Glossberg Limited Company Il has invested 0.1% in The Sherwin-Williams Company (NYSE:SHW). Ny State Common Retirement Fund invested in 0.12% or 244,911 shares. Nordea Investment Mgmt Ab owns 58,452 shares. Wells Fargo Mn has invested 0.09% in The Sherwin-Williams Company (NYSE:SHW). Blb&B Advsr Ltd holds 0.07% of its portfolio in The Sherwin-Williams Company (NYSE:SHW) for 1,378 shares. Wills Fincl Group Inc Inc owns 3,162 shares. World Investors stated it has 2.54 million shares. 508 were accumulated by Tower Rech Ltd (Trc). Sand Hill Global Advisors Ltd Liability Com holds 998 shares. Bbva Compass State Bank Inc reported 569 shares. Palisade Capital Limited Nj invested 0.2% in The Sherwin-Williams Company (NYSE:SHW). Metropolitan Life Insurance Co holds 0% or 16,392 shares in its portfolio. Profund Lc reported 0.04% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). Moreover, Virtu Fincl Llc has 0.15% invested in The Sherwin-Williams Company (NYSE:SHW) for 6,948 shares.

Since March 14, 2018, it had 0 buys, and 5 insider sales for $12.78 million activity. Baxter Joel D. sold $1.13M worth of stock. IPPOLITO PETER J. had sold 3,839 shares worth $1.69M on Tuesday, July 31. MORIKIS JOHN G sold $9.20M worth of stock or 20,946 shares.

Asset Advisors Corp, which manages about $657.91M and $594.37M US Long portfolio, decreased its stake in Kimberly (NYSE:KMB) by 38,749 shares to 49,028 shares, valued at $5.40 million in 2018Q1, according to the filing. It also reduced its holding in Sch Us Div Equity Etf (SCHD) by 9,023 shares in the quarter, leaving it with 1.43M shares, and cut its stake in Coca (NYSE:KO).

More notable recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Seekingalpha.com which released: “Stay Away From Coal Stocks – Cramer’s Lightning Round (8/9/18)” on August 10, 2018, also Fool.com with their article: “Better Buy: The Home Depot vs. Sherwin-Williams” published on August 09, 2018, Seekingalpha.com published: “RPM Is A Buy Even At Its High” on August 01, 2018. More interesting news about The Sherwin-Williams Company (NYSE:SHW) were released by: Gurufocus.com and their article: “Sherwin-williams Co (SHW) Chairman, President & CEO John G Morikis Sold $9.2 million of Shares” published on July 30, 2018 as well as Investorplace.com‘s news article titled: “7 Stocks Hitting All-Time Highs That Are Worth Owning” with publication date: August 10, 2018.

Since March 7, 2018, it had 0 insider purchases, and 10 sales for $63.48 million activity. The insider Sultzbaugh Marc sold 20,000 shares worth $1.72 million. WEATHERFORD CLIFTON THOMAS had sold 4,617 shares worth $387,366. The insider STARBOARD LEADERS FUND LP sold $29.31 million. 5,000 shares valued at $355,000 were sold by Kagan Michael on Wednesday, March 7. $29.31M worth of stock was sold by Starboard Value LP on Monday, July 9. $324,767 worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares were sold by Shulman Yakov (Jacob).

More important recent Mellanox Technologies, Ltd. (NASDAQ:MLNX) news were published by: Benzinga.com which released: “Mellanox Technologies Earnings Preview” on July 17, 2018, also Fool.com published article titled: “Mellanox Technologies (MLNX) Q2 2018 Earnings Conference Call Transcript”, Businesswire.com published: “Mellanox Introduces World’s Fastest Ethernet Storage Fabric Controller” on August 06, 2018. More interesting news about Mellanox Technologies, Ltd. (NASDAQ:MLNX) was released by: Seekingalpha.com and their article: “Mellanox Continues To Crush Estimates” with publication date: July 18, 2018.

Investors sentiment increased to 2.09 in 2018 Q1. Its up 1.01, from 1.08 in 2017Q4. It improved, as 8 investors sold MLNX shares while 39 reduced holdings. 51 funds opened positions while 47 raised stakes. 35.98 million shares or 13.98% more from 31.57 million shares in 2017Q4 were reported. Blackrock Incorporated accumulated 337,871 shares. Endurance Wealth has 0.61% invested in Mellanox Technologies, Ltd. (NASDAQ:MLNX). The Pennsylvania-based Cookson Peirce & Com has invested 1.25% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Sei Invs owns 0.02% invested in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 56,693 shares. Brinker accumulated 6,734 shares. Mariner Wealth Advisors reported 1.25% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Ghp Invest accumulated 4,210 shares or 0.04% of the stock. Susquehanna Grp Inc Ltd Liability Partnership accumulated 11,982 shares or 0% of the stock. Capital Rech Glob Investors reported 4.31 million shares. Bluemountain Capital Mngmt Lc invested 0.08% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Art invested in 56,848 shares. Engineers Gate Manager Ltd Partnership holds 0.23% or 46,818 shares in its portfolio. Citadel Advsrs Ltd Liability Company stated it has 0.01% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Jericho Cap Asset Mngmt Lp stated it has 2.82% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Peak6 Invs LP invested in 5,074 shares.

Sphera Funds Management Ltd, which manages about $658.65 million US Long portfolio, decreased its stake in Portola Pharmaceuticals Inc (Call) (NASDAQ:PTLA) by 10,000 shares to 200,000 shares, valued at $6.53M in 2018Q1, according to the filing. It also reduced its holding in Advance Auto Parts Inc (NYSE:AAP) by 15,664 shares in the quarter, leaving it with 5,336 shares, and cut its stake in Viking Therapeutics Inc.

Among 21 analysts covering Mellanox Tech (NASDAQ:MLNX), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Mellanox Tech had 59 analyst reports since July 23, 2015 according to SRatingsIntel. Jefferies downgraded the shares of MLNX in report on Monday, November 21 to “Underperform” rating. The rating was maintained by Susquehanna with “Buy” on Friday, January 19. Topeka Capital Markets maintained it with “Hold” rating and $48 target in Thursday, October 22 report. The rating was maintained by Jefferies with “Sell” on Thursday, September 7. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) earned “Buy” rating by Longbow on Friday, December 1. The stock of Mellanox Technologies, Ltd. (NASDAQ:MLNX) earned “Buy” rating by Stifel Nicolaus on Thursday, January 28. On Monday, May 9 the stock rating was initiated by Brean Capital with “Buy”. The firm has “Overweight” rating by Piper Jaffray given on Tuesday, December 8. The company was reinitiated on Thursday, February 25 by JP Morgan. Barclays Capital upgraded Mellanox Technologies, Ltd. (NASDAQ:MLNX) on Tuesday, November 28 to “Equal-Weight” rating.

The Sherwin-Williams Company (NYSE:SHW) Institutional Positions Chart

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