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EZCH $25.49

EZCH target price
25.49
0
0
EZchip Semiconductor Ltd.
Industry Semiconductors
Fate Acquired by Mellanox Technologies
Founded 1999; 18 years ago (1999)
Founder Eli Fruchter, Alex Tal
Headquarters Yokneam Illit, Israel
Key people
Eli Fruchter (CEO)
Services Network processors
Revenue Increase US$70.85 million (2013)
Operating income
Increase US$19.65 million (2013)
Net income
Increase US$21.70 million (2013)
Total assets Increase US$329.70 million (2013)
Number of employees
164 (2013)
Website www.ezchip.com
Footnotes / references

EZchip Semiconductor was a publicly traded fabless semiconductor company, headquartered in Yokneam, Israel, that developed and marketed Ethernet network processors. It was acquired by Mellanox Technologies in 2016.

EZchip was co-founded in 1999 by Eli Fruchter, a Technion graduate in the field of electrical engineering and veteran of the Israel Defense Forces' 8200 intelligence unit, and Alex Tal who served as Ezchip's first CTO and V.P R&D. Until 2008, EZchip operated as a subsidiary of LANOptics, then a developer of Ethernet switching chips and security software. After LANOptics completed its full acquisition of EZchip in January 2008, it changed its name to EZchip and its ticker symbol from LNOP to EZCH. Over the twelve-month period leading up to February 2012, shares of EZchip rose 40% on the Nasdaq index as demand for its processors grew and speculation increased that the company would get bought out.

In July 2014, EZchip acquired Tilera, a company that develops high-performance multi-core processors, intelligent network interface cards and white-box appliances for data-center networking equipment, $130 million in cash.

In January 2016, a shareholder vote passed that approved the merger of Mellanox Technologies and EZchip. The acquisition was completed on 23 February 2016.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-09-30 Downgrade Brean Capital Buy to Hold
2015-09-30 Downgrade Benchmark Co. Buy to Hold $25.50
2015-08-31 Reiterated Rating Jefferies Group Hold $19.00 to $22.00
2015-08-13 Reiterated Rating Chardan Capital Neutral $15.00 to $20.00
2015-08-13 Upgrade Brean Capital Hold to Buy $23.00
2015-08-12 Boost Price Target Benchmark Co. $25.00
2015-05-22 Reiterated Rating Brean Capital Buy
2015-05-14 Reiterated Rating Jefferies Group Hold $22.00 to $16.50
2015-05-14 Lower Price Target Barclays Equal Weight $23.00 to $16.00
2015-05-14 Lower Price Target Chardan Capital Neutral $20.00 to $15.00
2015-05-14 Lower Price Target Barclays PLC Equal Weight $23.00 to $16.00
2015-02-12 Reiterated Rating Brean Capital Hold
2015-02-12 Boost Price Target Barclays Equal Weight $21.00 to $23.00
2014-11-13 Reiterated Chardan Capital Markets Neutral $22 to $20
2014-11-13 Lower Price Target Imperial Capital Outperform $25.00 to $23.00
2014-11-13 Lower Price Target Chardan Capital Neutral $22.00 to $20.00
2014-10-29 Downgrade Feltl & Co. Buy to Hold $25.50 to $21.00
2014-10-27 Downgrade Chardan Capital Markets Buy to Neutral $30 to $22
2014-10-27 Downgrade Chardan Capital Buy to Neutral $30.00 to $22.00
2014-10-07 Lower Price Target Imperial Capital Outperform $28.00 to $25.00
2014-10-06 Reiterated Rating ING Group Buy
2014-10-06 Downgrade Feltl & Co. Strong-Buy to Buy $31.00 to $25.50
2014-08-14 Reiterated Rating Jefferies Group Hold $29.00 to $28.00
2014-08-06 Initiated Coverage Imperial Capital Outperform $28.00
2014-06-17 Upgrade Feltl & Co. Buy to Strong-Buy
2014-05-08 Downgrade Feltl & Co. Strong-Buy to Buy $28.00 to $31.00
2013-11-07 Lower Price Target Feltl & Co. Strong-Buy $39.00 to $35.00
2013-11-07 Lower Price Target Jefferies Group Hold $31.00 to $29.00
2013-11-07 Reiterated Rating Oppenheimer Hold $34.00
2013-09-24 Reiterated Rating Feltl & Co. Buy $39.00
2013-09-16 Lower Price Target Maxim Group Buy $38.00 to $29.00
2013-09-16 Downgrade Oppenheimer Outperform to Market Perform $34.00
2013-09-06 Upgrade Chardan Capital Markets Neutral to Buy
2013-07-24 Upgrade Chardan Capital Markets Sell to Hold $28
2013-02-13 Reiterated MKM Partners Buy $44 to $39
2013-01-24 Initiated Maxim Group Buy $38
2012-11-29 Downgrade Chardan Capital Markets Hold to Sell
2012-08-22 Initiated Feltl & Co. Strong Buy $42
2012-07-18 Reiterated The Benchmark Company Buy $49 to $45
2012-03-16 Reiterated The Benchmark Company Buy $41 to $49
2012-02-23 Initiated Oppenheimer Perform
2012-02-09 Reiterated Auriga Buy $37 to $45
2011-11-02 Reiterated The Benchmark Company Buy $43 to $41
2011-09-19 Downgrade Auriga Buy to Hold $39 to $37
2015-09-30 Downgrade Brean Capital Buy to Hold
2015-09-30 Downgrade Benchmark Co. Buy to Hold $25.50
2015-08-31 Reiterated Rating Jefferies Group Hold $19.00 to $22.00
2015-08-13 Reiterated Rating Chardan Capital Neutral $15.00 to $20.00
2015-08-13 Upgrade Brean Capital Hold to Buy $23.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In EZCH 3 funds of 2213 total. Show all

Fund name Ticker shares
GRUBER & MCBAINE CAPITAL MANAGEMENT LLC 55000
RUSSELL FRANK CO/ 10764
BOSTON PRIVATE BANK & TRUST CO 200

Major Shareholders

Name Relationship Total Shares Holding stocks