Glaxis Capital Management Has Raised Marvell Technology Group LTD (MRVL) Holding; Irobot (IRBT) Shorts Increased By 26.73%

November 14, 2017 - By Kurt Siggers

Glaxis Capital Management Llc increased Marvell Technology Group Ltd (MRVL) stake by 368.77% reported in 2017Q2 SEC filing. Glaxis Capital Management Llc acquired 186,230 shares as Marvell Technology Group

Ltd (MRVL)’s stock rose 1.27%. The Glaxis Capital Management Llc holds 236,730 shares with $3.91M value, up from 50,500 last quarter. Marvell Technology Group Ltd now has $9.98B valuation. The stock decreased 0.05% or $0.01 during the last trading session, reaching $20.12. About 3.51 million shares traded. Marvell Technology Group Ltd. (NASDAQ:MRVL) has risen 64.54% since November 14, 2016 and is uptrending. It has outperformed by 47.84% the S&P500.

Irobot Corporation (NASDAQ:IRBT) had an increase of 26.73% in short interest. IRBT’s SI was 7.37M shares in November as released by FINRA. Its up 26.73% from 5.82 million shares previously. With 1.93 million avg volume, 4 days are for Irobot Corporation (NASDAQ:IRBT)’s short sellers to cover IRBT’s short positions. The SI to Irobot Corporation’s float is 27.86%. About 1.31M shares traded or 8.26% up from the average. iRobot Corporation (NASDAQ:IRBT) has risen 150.93% since November 14, 2016 and is uptrending. It has outperformed by 134.23% the S&P500.

Since May 30, 2017, it had 0 buys, and 1 sale for $1.03 million activity. Weinstein Glen Daniel sold $1.03 million worth of stock.

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The company has market cap of $1.90 billion. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. It has a 32.65 P/E ratio. The Firm sells various products that are designed for use at home.

Investors sentiment decreased to 1.05 in Q2 2017. Its down 0.30, from 1.35 in 2017Q1. It dropped, as 36 investors sold iRobot Corporation shares while 70 reduced holdings. 44 funds opened positions while 67 raised stakes. 22.32 million shares or 5.25% less from 23.55 million shares in 2017Q1 were reported. Connors Investor Service invested in 0.37% or 27,946 shares. Gsa Capital Ptnrs Llp invested in 10,829 shares. Tiedemann Wealth Management Ltd invested 0.06% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Moreover, Susquehanna Int Grp Inc Limited Liability Partnership has 0% invested in iRobot Corporation (NASDAQ:IRBT) for 26,695 shares. Victory invested in 0% or 2,621 shares. Nj State Employees Deferred Compensation Plan reported 7,000 shares. Credit Suisse Ag reported 272,037 shares. New York State Common Retirement Fund holds 0% or 28,300 shares. Da Davidson And has invested 0% in iRobot Corporation (NASDAQ:IRBT). 13,300 are owned by Virginia Retirement System Et Al. Moreover, Verition Fund Management Ltd Liability Corporation has 0.03% invested in iRobot Corporation (NASDAQ:IRBT) for 3,637 shares. Ubs Asset Mngmt Americas reported 13,399 shares stake. Nationwide Fund Advsr holds 0.03% or 76,515 shares. Swiss Retail Bank invested 0% of its portfolio in iRobot Corporation (NASDAQ:IRBT). 218 were accumulated by Cwm Lc.

Among 12 analysts covering IRobot Corporation (NASDAQ:IRBT), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. IRobot Corporation had 24 analyst reports since September 18, 2015 according to SRatingsIntel. Canaccord Genuity maintained iRobot Corporation (NASDAQ:IRBT) rating on Wednesday, August 9. Canaccord Genuity has “Hold” rating and $9500 target. Needham maintained iRobot Corporation (NASDAQ:IRBT) on Thursday, October 27 with “Buy” rating. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Hold” rating by Canaccord Genuity on Wednesday, October 25. As per Friday, March 18, the company rating was downgraded by JP Morgan. The rating was maintained by Benchmark with “Buy” on Monday, November 14. The rating was downgraded by Dougherty to “Hold” on Monday, July 3. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Neutral” rating by on Monday, July 3. Sidoti upgraded iRobot Corporation (NASDAQ:IRBT) on Friday, October 27 to “Buy” rating. The rating was maintained by JP Morgan with “Underweight” on Wednesday, April 27. The rating was maintained by JMP Securities with “Market Outperform” on Tuesday, October 13.

Among 33 analysts covering Marvell Technology Group (NASDAQ:MRVL), 18 have Buy rating, 1 Sell and 14 Hold. Therefore 55% are positive. Marvell Technology Group had 95 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by M Partners given on Friday, September 11. The company was upgraded on Monday, March 13 by Needham. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has “Sell” rating given on Wednesday, October 28 by Citigroup. The firm has “Buy” rating given on Wednesday, February 1 by UBS. The rating was maintained by Loop Capital Markets with “Buy” on Friday, May 26. B. Riley & Co upgraded it to “Buy” rating and $12 target in Monday, February 8 report. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has “Buy” rating given on Monday, July 10 by Susquehanna. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has “Hold” rating given on Wednesday, August 23 by Jefferies. Stifel Nicolaus maintained it with “Hold” rating and $16.0 target in Thursday, August 17 report. Needham maintained it with “Buy” rating and $2100 target in Friday, May 26 report.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.06, from 1.09 in 2017Q1. It is positive, as 27 investors sold MRVL shares while 103 reduced holdings. 52 funds opened positions while 98 raised stakes. 369.12 million shares or 3.48% more from 356.72 million shares in 2017Q1 were reported. Price T Rowe Assoc Md accumulated 0.12% or 40.78M shares. Gsa Prns Llp reported 44,425 shares. Bank & Trust Of Montreal Can invested 0.01% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Van Eck Associates has invested 0.04% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Manufacturers Life Ins The reported 0% stake. Magnetar Financial Ltd Liability has invested 0.02% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Gulf Fincl Bank (Uk) Limited has 142,813 shares for 0.03% of their portfolio. Employees Retirement Association Of Colorado owns 84,978 shares for 0.01% of their portfolio. Los Angeles Mgmt & Equity owns 2.41 million shares. State Of Wisconsin Investment Board has invested 0.03% in Marvell Technology Group Ltd. (NASDAQ:MRVL). 762,253 were accumulated by Voloridge Invest Management Ltd Liability Corporation. Credit Suisse Ag accumulated 719,450 shares or 0.01% of the stock. Eagle Asset Management owns 0.01% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL) for 112,830 shares. Nomura stated it has 32,589 shares. Us Savings Bank De, Minnesota-based fund reported 423,992 shares.

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