November 7, 2016 – By Ellis Scott · 0 Comments
Sentiment for Control4 Corp (NASDAQ:CTRL)
Control4 Corp (NASDAQ:CTRL) institutional sentiment decreased to 0.88 in Q2 2016. Its down -1.37, from 2.25 in 2016Q1. The ratio turned negative, as 29 investment professionals started new and increased equity positions, while 33 trimmed and sold holdings in Control4 Corp. The investment professionals in our partner’s database now own: 17.28 million shares, down from 18.12 million shares in 2016Q1. Also, the number of investment professionals holding Control4 Corp in their top 10 equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 6 Reduced: 27 Increased: 20 New Position: 9.
Control4 Corporation is a well-known provider of automation and control solutions for the connected home. The company has a market cap of $264.46 million. The Firm provides its clients with the ability to integrate audio, video, lighting, temperature, security, communications and other functionalities into a unified home-automation solution. It has a 35.57 P/E ratio. The Company’s solution functions as the operating system of the home, making connected devices work together to control, automate and personalize the homes and businesses of its consumers.
The stock increased 13.73% or $1.37 on November 4, hitting $11.35. Control4 Corp (NASDAQ:CTRL) has risen 46.07% since April 5, 2016 and is uptrending. It has outperformed by 44.12% the S&P500.
According to Zacks Investment Research, “Control4 Corporation is engaged in providing automation and control solutions for the connected home. The Company offers home operating system that interacts with various music, video, lighting, temperature, security, and communications. It also provides 4Sight subscription services, which allow consumers to control and monitor their homes remotely from their smartphone, tablet, or laptop. Control4 Corporation is headquartered in Salt Lake City, Utah.”
Foundation Capital Llc holds 7.08% of its portfolio in Control4 Corp for 3.58 million shares. Murphy Michael R owns 625,127 shares or 2% of their US portfolio. Moreover, P2 Capital Partners Llc has 1.62% invested in the company for 1.16 million shares. The United Kingdom-based Odey Asset Management Group Ltd has invested 1.11% in the stock. Skylands Capital Llc, a Wisconsin-based fund reported 393,600 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 2 sales for $229,739 net activity.
Control4 Corp (NASDAQ:CTRL) Ratings Coverage
Ratings analysis reveals 0 of Control4’s analysts are positive. Out of 4 Wall Street analysts rating Control4, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $7.50 while the high is $11. The stock’s average target of $10.50 is -7.49% below today’s ($11.35) share price. CTRL was included in 5 notes of analysts from July 31, 2015. The stock of Control4 Corp (NASDAQ:CTRL) has “Neutral” rating given on Friday, October 30 by Bank of America. Canaccord Genuity maintained it with “Hold” rating and $10 target price in Friday, July 31 report. On Friday, October 30 the stock rating was downgraded by Needham to “Hold”. As per Friday, August 12, the company rating was maintained by Imperial Capital. Imperial Capital maintained Control4 Corp (NASDAQ:CTRL) on Tuesday, November 17 with “In-Line” rating.
CTRL Company Profile
Control4 Corporation (Control4), incorporated on March 27, 2003, is a well-known provider of automation and control solutions for the connected home. The Firm provides its clients with the ability to integrate audio, video, lighting, temperature, security, communications and other functionalities into a unified home-automation solution. The Company’s solution functions as the operating system of the home, making connected devices work together to control, automate and personalize the homes and businesses of its consumers.
More important recent Control4 Corp (NASDAQ:CTRL) news were published by: Quotes.Wsj.com which released: “Control4 Corp. CTRL (US: Nasdaq)” on July 27, 2013, also Fool.com published article titled: “Why Control4 Corp. Shares Skyrocketed”, Fool.com published: “Why Control4 Corp.’s Shares Lost Control Today” on February 06, 2015. More interesting news about Control4 Corp (NASDAQ:CTRL) was released by: Seekingalpha.com and their article: “Control4 Corp. Could Be A Buyout Target In The Near Term” with publication date: October 30, 2014.
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By Ellis Scott
Tags: (NASDAQ:CTRL), Control4 Corp, CTRL