The institutional investors in our partner's database now have: 14.84 million shares, down from 15.21 million shares in 2016Q3. The value in dollars went from $536,000 to $232,000 a change of 56.7% quarter over quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. UBS Group AG boosted its stake in shares of Control4 Corporation by 6.3% in the first quarter. UBS Group AG now owns 7,727 shares of the electronics maker's stock worth $122,000 after purchasing an additional 458 shares in the last quarter. Squarepoint Ops LLC now holds 13,100 shares worth $257,000. Maxim Group started coverage on Control4 Corporation in a research report on Thursday, May 11th. Insiders have sold 118,574 shares of company stock worth $1,777,678 over the last ninety days. Legal & General Group Plc now owns 5,506 shares of the electronics maker's stock valued at $107,000 after purchasing an additional 577 shares during the period.
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A number of research firms have recently weighed in on CTRL.
The company's P/E ratio is 66.05 and the market cap of the company is 673.07M. Finally, Imperial Capital upped their price target on shares of Control4 Corporation from $16.00 to $19.00 and gave the stock an "in-line" rating in a research report on Monday, May 15th. BidaskClub lowered shares of Control4 Corporation from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. It was the stock's fourth straight day of gains.
In related news, insider Greg Bishop sold 2,254 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $22.55, for a total transaction of $53,127.80. Following the sale, the insider now owns 14,295 shares of the company's stock, valued at $326,354.85. The sale was disclosed in a document filed with the SEC, which is available at this link. Cashen Susan sold 15,371 shares worth $269,761. The stock was sold at an average price of $22.87, for a total value of $40,434.16. The disclosure for this sale can be found here. The 8 months bullish chart indicates low risk for the $664.18 million company. Control4 Corp (NASDAQ:CTRL) has risen 139.51% since September 11, 2016 and is uptrending. The stock's 50 day moving average price is $11.67 and its 200 day moving average price is $11.37.
Control4 Corporation (NASDAQ:CTRL) last issued its quarterly earnings results on Thursday, August 3rd. In the last earnings report the EPS was $0.41 and is estimated to be $1.04 for the current year with 24,855,000 shares now outstanding. The firm had revenue of $57.40 million for the quarter, compared to analysts' expectations of $54.55 million. Control4 Corporation had a return on equity of 7.50% and a net margin of 6.20%. The company's revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 earnings per share.
Control4 Corporation (NASDAQ:CTRL) - Analysts at Imperial Capital dropped their Q1 2017 EPS estimates for Control4 Corporation in a report released on Tuesday.
Control4 Corporation (Control4) is a provider of automation and control solutions for the connected home.