Control4 Corporation (NASDAQ:CTRL) insider Greg Bishop sold 2,254 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $32.90, for a total value of $74,156.60. Following the completion of the transaction, the insider now owns 15,961 shares in the company, valued at approximately $525,116.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Control4 Corporation (NASDAQ CTRL) opened at $32.68 on Monday. The firm has a market capitalization of $825.71, a price-to-earnings ratio of 50.28, a P/E/G ratio of 3.19 and a beta of -0.51. Control4 Corporation has a twelve month low of $10.08 and a twelve month high of $35.99.
Control4 (NASDAQ:CTRL) last announced its quarterly earnings data on Thursday, November 2nd. The electronics maker reported $0.35 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 for the quarter, compared to analyst estimates of $63.59 million. During the same period last year, the company earned $0.26 EPS. The business’s quarterly revenue was up 17.2% compared to the same quarter last year. equities research analysts predict that Control4 Corporation will post 0.68 EPS for the current year.
Large investors have recently bought and sold shares of the company. Gerber Kawasaki Wealth & Investment Management bought a new position in shares of Control4 in the 2nd quarter worth $2,463,000. Vanguard Group Inc. boosted its position in shares of Control4 by 7.9% in the 1st quarter. Vanguard Group Inc. now owns 800,032 shares of the electronics maker’s stock worth $12,633,000 after purchasing an additional 58,738 shares during the last quarter. Lord Abbett & CO. LLC boosted its position in shares of Control4 by 11.3% in the 2nd quarter. Lord Abbett & CO. LLC now owns 800,964 shares of the electronics maker’s stock worth $15,707,000 after purchasing an additional 81,180 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Control4 by 38.3% in the 2nd quarter. Renaissance Technologies LLC now owns 850,400 shares of the electronics maker’s stock worth $16,676,000 after purchasing an additional 235,700 shares during the last quarter. Finally, Wellington Shields Capital Management LLC boosted its position in shares of Control4 by 11.4% in the 3rd quarter. Wellington Shields Capital Management LLC now owns 34,100 shares of the electronics maker’s stock worth $1,005,000 after purchasing an additional 3,500 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Greg Bishop Sells 2,254 Shares of Control4 Corporation (CTRL) Stock” was first reported by Week Herald and is owned by of Week Herald. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & international copyright laws. The legal version of this story can be accessed at https://weekherald.com/2017/12/04/control4-co-ctrl-insider-greg-bishop-sells-2254-shares-of-stock.html.
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.
Receive News & Ratings for Control4 Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Control4 Corporation and related companies with MarketBeat.com's FREE daily email newsletter.