Control4 Corp (NASDAQ:CTRL) SVP Bryce Judd sold 1,042 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $32.56, for a total value of $33,927.52. Following the completion of the transaction, the senior vice president now directly owns 1,042 shares of the company’s stock, valued at approximately $33,927.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Bryce Judd also recently made the following trade(s):
- On Wednesday, August 8th, Bryce Judd sold 1,041 shares of Control4 stock. The shares were sold at an average price of $31.42, for a total value of $32,708.22.
- On Monday, July 2nd, Bryce Judd sold 1,042 shares of Control4 stock. The shares were sold at an average price of $24.11, for a total value of $25,122.62.
CTRL stock traded up $0.80 during trading on Friday, hitting $34.68. The company had a trading volume of 26,533 shares, compared to its average volume of 603,338. Control4 Corp has a one year low of $20.50 and a one year high of $37.30. The stock has a market capitalization of $858.81 million, a PE ratio of 46.17, a PEG ratio of 3.43 and a beta of -0.10.
Control4 (NASDAQ:CTRL) last announced its earnings results on Thursday, August 2nd. The electronics maker reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.21. Control4 had a return on equity of 15.03% and a net margin of 7.21%. The business had revenue of $69.20 million for the quarter, compared to analysts’ expectations of $68.02 million. During the same period in the prior year, the business posted $0.32 earnings per share. The firm’s revenue was up 12.7% on a year-over-year basis. sell-side analysts predict that Control4 Corp will post 0.91 earnings per share for the current year.
A number of hedge funds have recently made changes to their positions in CTRL. Millennium Management LLC bought a new stake in Control4 in the fourth quarter valued at approximately $642,000. Rhumbline Advisers boosted its holdings in Control4 by 6.0% in the first quarter. Rhumbline Advisers now owns 50,861 shares of the electronics maker’s stock valued at $1,092,000 after acquiring an additional 2,866 shares during the last quarter. Trexquant Investment LP boosted its holdings in Control4 by 548.6% in the first quarter. Trexquant Investment LP now owns 52,670 shares of the electronics maker’s stock valued at $1,131,000 after acquiring an additional 44,549 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Control4 by 52.9% in the first quarter. Victory Capital Management Inc. now owns 7,403 shares of the electronics maker’s stock valued at $159,000 after acquiring an additional 2,561 shares during the last quarter. Finally, Granite Springs Asset Management LLC bought a new stake in Control4 in the first quarter valued at approximately $209,000. Institutional investors and hedge funds own 79.36% of the company’s stock.
Several research analysts have recently issued reports on the company. BidaskClub downgraded Control4 from a “buy” rating to a “hold” rating in a research note on Saturday, September 1st. DA Davidson upped their price objective on Control4 to $38.00 and gave the company a “buy” rating in a research note on Thursday. ValuEngine raised Control4 from a “hold” rating to a “buy” rating in a research note on Friday, August 3rd. Maxim Group reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Control4 in a research note on Friday, August 3rd. Finally, Imperial Capital set a $32.00 price objective on Control4 and gave the company an “outperform” rating in a research note on Friday, August 3rd. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $32.25.
Control4 Company Profile
Control4 Corporation provides smart home and business solutions in the United States, Canada, and internationally. The company offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices into a unified automation solution.
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