Insider Selling: Control4 Corp (CTRL) SVP Sells 3,342 Shares of Stock

Control4 Corp (NASDAQ:CTRL) SVP Bryce Judd sold 3,342 shares of the company’s stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $17.83, for a total value of $59,587.86. Following the transaction, the senior vice president now directly owns 8,844 shares in the company, valued at $157,688.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bryce Judd also recently made the following trade(s):

  • On Monday, December 3rd, Bryce Judd sold 1,042 shares of Control4 stock. The stock was sold at an average price of $22.37, for a total value of $23,309.54.

CTRL traded down $0.05 during midday trading on Thursday, reaching $18.29. 237,739 shares of the company were exchanged, compared to its average volume of 547,775. The firm has a market capitalization of $486.38 million, a P/E ratio of 19.05, a P/E/G ratio of 2.44 and a beta of 0.88. Control4 Corp has a one year low of $15.59 and a one year high of $37.62.

Control4 (NASDAQ:CTRL) last issued its quarterly earnings data on Monday, February 4th. The electronics maker reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The firm had revenue of $72.50 million during the quarter, compared to analyst estimates of $73.07 million. Control4 had a return on equity of 14.53% and a net margin of 16.09%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS. On average, analysts expect that Control4 Corp will post 0.68 earnings per share for the current year.

A number of research analysts recently weighed in on CTRL shares. BidaskClub downgraded Control4 from a “hold” rating to a “sell” rating in a research note on Saturday, October 27th. ValuEngine downgraded Control4 from a “hold” rating to a “sell” rating in a research note on Friday, November 2nd. Imperial Capital set a $24.00 price target on Control4 and gave the stock a “hold” rating in a research note on Tuesday, November 6th. Zacks Investment Research downgraded Control4 from a “buy” rating to a “hold” rating in a research note on Tuesday, November 13th. Finally, Cowen set a $30.00 price target on Control4 and gave the stock a “buy” rating in a research note on Sunday, November 18th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $28.13.

Institutional investors and hedge funds have recently modified their holdings of the business. Flinton Capital Management LLC bought a new stake in Control4 during the 4th quarter worth approximately $31,000. Neuburgh Advisers LLC bought a new stake in Control4 during the 4th quarter worth approximately $37,000. NumerixS Investment Technologies Inc increased its holdings in Control4 by 866.7% during the 4th quarter. NumerixS Investment Technologies Inc now owns 5,800 shares of the electronics maker’s stock worth $100,000 after purchasing an additional 5,200 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Control4 during the 3rd quarter worth approximately $129,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in Control4 during the 4th quarter worth approximately $131,000. 84.65% of the stock is owned by hedge funds and other institutional investors.

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About Control4

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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Insider Buying and Selling by Quarter for Control4 (NASDAQ:CTRL)

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