Shorts On Watch: Is Buying Control4 Corporation (NASDAQ:CTRL) Here Good Idea?

January 9, 2017 – By Winifred Garcia   ·   0 Comments

The stock of Control4 Corporation (NASDAQ:CTRL) registered a decrease of 3.54% in short interest. CTRL’s total short interest was 1.21 million shares in January as published by FINRA. Its down 3.54% from 1.26M shares, reported previously. With 122,000 shares average volume, it will take short sellers 10 days to cover their CTRL’s short positions. The short interest to Control4 Corporation’s float is 6.02%. About 33,517 shares traded hands. Control4 Corp (NASDAQ:CTRL) has risen 42.29% since June 3, 2016 and is uptrending. It has outperformed by 33.82% the S&P500.

Control4 Corporation is a well-known provider of automation and control solutions for the connected home. The company has a market cap of $259.81 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 31.84 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.

Insitutional Activity: The institutional sentiment increased to 1.83 in 2016 Q3. Its up 0.95, from 0.88 in 2016Q2. The ratio increased, as 12 funds sold all Control4 Corp shares owned while 18 reduced positions. 21 funds bought stakes while 34 increased positions. They now own 15.21 million shares or 12.01% less from 17.28 million shares in 2016Q2.
Globeflex Cap L P reported 43,303 shares or 0.13% of all its holdings. Huntington Comml Bank accumulated 0% or 951 shares. Lord Abbett And Communication Limited Liability Corp reported 560,594 shares or 0.02% of all its holdings. Metropolitan Life Ins Ny last reported 0% of its portfolio in the stock. The Pennsylvania-based Pnc Inc has invested 0% in Control4 Corp (NASDAQ:CTRL). Rhumbline Advisers reported 22,999 shares or 0% of all its holdings. Moreover, Deutsche Retail Bank Ag has 0% invested in Control4 Corp (NASDAQ:CTRL) for 85,045 shares. California Employees Retirement Systems holds 0% or 43,400 shares in its portfolio. Citigroup Inc accumulated 1,623 shares or 0% of the stock. The Washington-based Parametric Portfolio Associate Ltd Llc has invested 0% in Control4 Corp (NASDAQ:CTRL). Oberweis Asset Management, a Illinois-based fund reported 64,300 shares. Moreover, Coe Cap Mngmt Lc has 0% invested in Control4 Corp (NASDAQ:CTRL) for 142,932 shares. The Pennsylvania-based Federated Invsts Pa has invested 0% in Control4 Corp (NASDAQ:CTRL). Geode Cap Ltd Limited Liability Company last reported 0% of its portfolio in the stock. California State Teachers Retirement has 0% invested in the company for 42,438 shares.

Insider Transactions: Since August 15, 2016, the stock had 0 insider buys, and 3 sales for $242,862 net activity. Dungan Jefferson sold $216,746 worth of stock. Molyneux Phil had sold 1,178 shares worth $13,123.

Control4 Corp (NASDAQ:CTRL) Ratings Coverage

Out of 4 analysts covering Control4 (NASDAQ:CTRL), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. Control4 has been the topic of 6 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was downgraded on Friday, October 30 by Bank of America. As per Friday, August 12, the company rating was maintained by Imperial Capital. The rating was maintained by Canaccord Genuity with “Hold” on Friday, July 31. The rating was maintained by Imperial Capital with “In-Line” on Monday, November 7. As per Friday, October 30, the company rating was downgraded by Needham. The firm has “In-Line” rating given on Tuesday, November 17 by Imperial Capital.

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 notable recent Control4 Corp (NASDAQ:CTRL) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on August 07, 2013, also Valuewalk.com with their article: “Nishkama Capital Up 3% In Q3 Likes Control4 Corp.” published on November 21, 2016, Fool.com published: “Why Control4 Corp.’s Shares Lost Control Today” on February 06, 2015. More interesting news about Control4 Corp (NASDAQ:CTRL) were released by: Fool.com and their article: “Why Control4 Corp. Shares Skyrocketed” published on January 14, 2014 as well as Quotes.Wsj.com‘s news article titled: “Control4 Corp. CTRL (US: Nasdaq)” with publication date: July 27, 2013.

By Winifred Garcia

Tags: (NASDAQ:CTRL), Control4 Corp, CTRL