Michael Viscuso Sells 10,000 Shares of Carbon Black Inc (NASDAQ:CBLK) Stock

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Carbon Black Inc (NASDAQ:CBLK) insider Michael Viscuso sold 10,000 shares of the company’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $17.25, for a total value of $172,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Michael Viscuso also recently made the following trade(s):

  • On Monday, June 10th, Michael Viscuso sold 25,000 shares of Carbon Black stock. The shares were sold at an average price of $15.65, for a total value of $391,250.00.
  • On Monday, May 13th, Michael Viscuso sold 50,000 shares of Carbon Black stock. The shares were sold at an average price of $18.47, for a total value of $923,500.00.

Carbon Black stock opened at $18.32 on Friday. Carbon Black Inc has a twelve month low of $11.80 and a twelve month high of $27.27. The stock’s 50 day moving average is $16.24. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.08.

Carbon Black (NASDAQ:CBLK) last posted its quarterly earnings data on Thursday, May 2nd. The company reported ($0.22) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.22). Carbon Black had a negative return on equity of 38.71% and a negative net margin of 36.91%. The company had revenue of $58.60 million during the quarter, compared to analysts’ expectations of $57.10 million. During the same period last year, the firm earned ($0.98) EPS. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. As a group, research analysts forecast that Carbon Black Inc will post -0.89 EPS for the current year.

A number of analysts recently issued reports on the company. Cowen decreased their target price on Nordstrom from $44.00 to $36.00 and set a “market perform” rating for the company in a research report on Thursday, May 23rd. Robert W. Baird assumed coverage on Carbon Black in a research report on Wednesday, April 3rd. They issued an “outperform” rating and a $20.00 target price for the company. ValuEngine cut Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Finally, Zacks Investment Research raised Investar from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Tuesday, June 4th. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Carbon Black currently has an average rating of “Hold” and an average target price of $19.35.

A number of institutional investors have recently bought and sold shares of CBLK. BlackRock Inc. lifted its position in Carbon Black by 241.9% during the 4th quarter. BlackRock Inc. now owns 2,139,396 shares of the company’s stock worth $28,711,000 after acquiring an additional 1,513,617 shares during the period. Copper Rock Capital Partners LLC acquired a new stake in Carbon Black during the 2nd quarter worth approximately $21,634,000. Peregrine Capital Management LLC acquired a new stake in shares of Carbon Black in the 1st quarter valued at approximately $14,785,000. First Trust Advisors LP acquired a new stake in shares of Carbon Black in the 1st quarter valued at approximately $13,984,000. Finally, North Peak Capital Management LLC acquired a new stake in shares of Carbon Black in the 4th quarter valued at approximately $10,100,000. 61.87% of the stock is owned by institutional investors.

Carbon Black Company Profile

Carbon Black, Inc provides security solutions in the United States and internationally. Its solutions enable customers to predict, prevent, detect, respond to, and remediate cyber-attacks before they cause a damaging incident or data breach. The company offers CB Predictive Security Cloud, a big data and analytics platform, which provides endpoint data collection, streaming analytics, collective intelligence, and open application program interfaces, as well as a set of security services.

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