Firsthand Capital Management Stake in Alibaba Group Holding Limited (BABA) Lowered by $1.37 Million as Shares Rose; Bogle Investment Management LP Upped Mellanox Tech LTD Shs (MLNX) Position by $2.41 Million as Shares Rose

Mellanox Technologies, Ltd. (NASDAQ:MLNX) Logo

Bogle Investment Management Lp increased its stake in Mellanox Tech Ltd Shs (MLNX) by 18.96% based on its latest 2018Q4 regulatory filing with the SEC. Bogle Investment Management Lp bought 26,170 shares as the company’s stock rose 18.28% with the market. The institutional investor held 164,189 shares of the technology company at the end of 2018Q4, valued at $15.17 million, up from 138,019 at the end of the previous reported quarter. Bogle Investment Management Lp who had been investing in Mellanox Tech Ltd Shs for a number of months, seems to be bullish on the $6.53B market cap company. The stock increased 0.37% or $0.44 during the last trading session, reaching $119.76. About 682,401 shares traded. Mellanox Technologies, Ltd. (NASDAQ:MLNX) has risen 63.66% since April 17, 2018 and is uptrending. It has outperformed by 59.29% the S&P500. Some Historical MLNX News: 12/03/2018 – Starboard Responds to Mellanox’s Proposed Extraordinary General Meeting (EGM) in Open Letter to Mellanox Shareholders; 12/03/2018 – Mellanox Sends Letter to Shareholders; 12/03/2018 – STARBOARD VALUE LP SAYS BELIEVES MELLANOX TECHNOLOGIES’ “EGM IS UNNECESSARY AND DESIGNED TO IMPROPERLY DELAY 2018 ANNUAL GENERAL MEETING”; 07/03/2018 – Mellanox Plans Special Vote on Rules Amid Starboard Pressure; 07/03/2018 – Mellanox: Starboard Continues Its Assault in New Letter — Barron’s Blog; 17/05/2018 – Mellanox Had Seen 2Q Rev $255M-$265M; 09/04/2018 – Mellanox ConnectX-5 Adapters and Rivermax Software Media Acceleration Enable Breakthrough Performance for Grass Valley Video Streaming Platform; 19/03/2018 – STARBOARD: MELLANOX ACTION EMPHASIZES CHANGE IS NEEDED; 09/04/2018 – Mellanox ConnectX-5 Adapters and Rivermax Software Media Acceleration Enable Breakthrough Performance for Grass Valley Video; 08/03/2018 – Mellanox adds Credit Suisse to enhance defense against Starboard – sources [17:17 GMT08 Mar 2018] [Proprietary] []

Firsthand Capital Management Inc decreased its stake in Alibaba Group Holding Limited (BABA) by 28.57% based on its latest 2018Q4 regulatory filing with the SEC. Firsthand Capital Management Inc sold 10,000 shares as the company’s stock rose 17.52% with the market. The institutional investor held 25,000 shares of the business services company at the end of 2018Q4, valued at $3.43 million, down from 35,000 at the end of the previous reported quarter. Firsthand Capital Management Inc who had been investing in Alibaba Group Holding Limited for a number of months, seems to be less bullish one the $485.93 billion market cap company. The stock increased 0.90% or $1.68 during the last trading session, reaching $187.46. About 8.28M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 2.89% since April 17, 2018 and is uptrending. It has underperformed by 1.48% the S&P500. Some Historical BABA News: 29/05/2018 – Alibaba said it has led a consortium of investors to buy about 10 percent of Chinese courier ZTO Express (Cayman) for $1.38 billion; 17/04/2018 – PRENETICS SAYS CO HAS OVER $50 MLN IN FUNDING FROM ALIBABA HONG KONG ENTREPRENEURS FUND AND PING AN INSURANCE; 10/04/2018 – Alibaba-Backed Carmaker Seeks $2.7 Billion to Challenge Tesla; 28/03/2018 – E-commerce Firm Alibaba Weighs Listing in Mainland China Reports Kangyo Yokohama Securities; 13/03/2018 – Chinese bike-sharing firm Ofo raises $866 million led by Alibaba; 01/04/2018 – ALIBABA GROUP – WILL LEND ITS FULL SUPPORT TO ELE.ME INCLUDING ACCESS TO ITS NEW RETAIL INFRASTRUCTURE, PRODUCT OFFERINGS AND TECHNOLOGY EXPERTISE; 23/05/2018 – ALIBABA PICTURES EXTENDS GAINS TO AS MUCH AS 28%; 07/05/2018 – ALIBABA GROUP HOLDING LTD BABA.N : BARCLAYS RAISES TARGET PRICE TO $230 FROM $220; 15/04/2018 – The Chinese government is encouraging mainland IPOs by unicorns such as Alibaba-backed financial services company Ant Financial, smartphone maker Xiaomi and ride-hailing app developer Didi Chuxing; 30/05/2018 – Xperi Announces DTS Sound Integration in Alibaba TmallGenie C1 Smart Speaker

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on May, 3. They expect $0.77 EPS, up 42.59% or $0.23 from last year’s $0.54 per share. BABA’s profit will be $2.00B for 60.86 P/E if the $0.77 EPS becomes a reality. After $1.39 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts -44.60% negative EPS growth.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: which released: “This Analyst Loves Alibaba’s ‘Super App’ (NYSE:BABA) – Benzinga” on April 01, 2019, also with their article: “Alibaba (NYSE:BABA) Analysts Stay Bullish After Q3 Print – Benzinga” published on February 04, 2019, published: “3 Catalysts That Make Alibaba (NYSE:BABA) A Top Mega-Cap Pick At MKM – Benzinga” on January 25, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “Why Alibaba Has Fallen, And Why It’s A Very Strong Buy – Seeking Alpha” published on October 11, 2018 as well as Zacks.com‘s news article titled: “Alibaba (BABA) Outpaces Stock Market Gains: What You Should Know – Zacks.com” with publication date: March 18, 2019.

Bogle Investment Management Lp, which manages about $2.60B and $1.28B US Long portfolio, decreased its stake in Core Mark Hldg Co Inc Com (NASDAQ:CORE) by 88,817 shares to 62,049 shares, valued at $1.44 million in 2018Q4, according to the filing. It also reduced its holding in Milacron Hldgs Corp Com by 57,909 shares in the quarter, leaving it with 10,183 shares, and cut its stake in Zebra Technologies Cp (NASDAQ:ZBRA).

More notable recent Mellanox Technologies, Ltd. (NASDAQ:MLNX) news were published by: Seekingalpha.com which released: “Mellanox raises asking price to $6.7B – report – Seeking Alpha” on February 13, 2019, also Seekingalpha.com with their article: “Mellanox: Long The Deal Spread – Seeking Alpha” published on March 20, 2019, Nasdaq.com published: “Is Mellanox Technologies (MLNX) Outperforming Other Computer and Technology Stocks This Year? – Nasdaq” on March 27, 2019. More interesting news about Mellanox Technologies, Ltd. (NASDAQ:MLNX) were released by: Nasdaq.com and their article: “Here’s Why Mellanox (MLNX) Stock Could Be a Potential Winner – Nasdaq” published on September 12, 2018 as well as Seekingalpha.com‘s news article titled: “Piper: New Mellanox CFO means no acquisition – Seeking Alpha” with publication date: January 03, 2019.

Since October 26, 2018, it had 0 insider buys, and 4 selling transactions for $1.87 million activity. 5,000 shares valued at $425,070 were sold by Dorchak Glenda on Friday, October 26.

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