Control4 Corp (NASDAQ:CTRL) SVP Eric Anderson sold 14,384 shares of the business’s stock in a transaction on Friday, December 28th. The shares were sold at an average price of $30.54, for a total value of $439,287.36. Following the transaction, the senior vice president now owns 17,388 shares of the company’s stock, valued at approximately $531,029.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Eric Anderson also recently made the following trade(s):
- On Thursday, December 28th, Eric Anderson sold 14,384 shares of Control4 stock. The stock was sold at an average price of $30.54, for a total value of $439,287.36.
Control4 Corp (CTRL) opened at $33.01 on Friday. Control4 Corp has a 52-week low of $10.67 and a 52-week high of $35.99. The company has a market capitalization of $820.49, a price-to-earnings ratio of 62.28, a PEG ratio of 2.50 and a beta of -0.51.
Control4 (NASDAQ:CTRL) last released its earnings results on Thursday, November 2nd. The electronics maker reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.20. Control4 had a return on equity of 11.63% and a net margin of 5.96%. The firm had revenue of $64.70 million during the quarter, compared to analyst estimates of $63.59 million. During the same period last year, the business posted $0.26 earnings per share. Control4’s revenue was up 17.2% compared to the same quarter last year. analysts forecast that Control4 Corp will post 0.68 EPS for the current fiscal year.
A number of institutional investors have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. raised its stake in Control4 by 10.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 111,813 shares of the electronics maker’s stock valued at $3,328,000 after buying an additional 10,161 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Control4 by 5.5% during the third quarter. California Public Employees Retirement System now owns 58,741 shares of the electronics maker’s stock worth $1,731,000 after purchasing an additional 3,041 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Control4 during the third quarter worth about $293,000. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Control4 during the third quarter worth about $1,834,000. Finally, PEAK6 Investments L.P. increased its position in shares of Control4 by 386.0% during the third quarter. PEAK6 Investments L.P. now owns 93,172 shares of the electronics maker’s stock worth $2,745,000 after purchasing an additional 74,000 shares in the last quarter. Institutional investors own 77.34% of the company’s stock.
Several research analysts recently issued reports on the company. Cowen reaffirmed a “buy” rating on shares of Control4 in a research report on Tuesday, January 9th. Zacks Investment Research downgraded Control4 from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. BidaskClub downgraded Control4 from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Needham & Company LLC restated a “buy” rating and issued a $30.00 target price on shares of Control4 in a research note on Friday, November 3rd. Finally, Maxim Group reiterated a “hold” rating and set a $33.00 price target on shares of Control4 in a research report on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $25.50.
Control4 Company Profile
Control4 Corporation (Control4) is a provider of smart home and business solutions. The Company’s smart home and small business solutions provide consumers with the ability to integrate audio, video, lighting, temperature, security, communications, network management and other functionalities into a unified automation solution, customized to match their lifestyles and business needs.
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