Today Control4 Corp (CTRL) Stock Reaches 52-Week High

September 17, 2017 - By reb123z

Investors sentiment decreased to 1.27 in 2016 Q4. Its down 0.56, from 1.83 in 2016Q3. It turned negative, as 6 investors sold Control4 Corp shares while 31 reduced holdings. 19 funds opened positions while 28 raised stakes. 14.84 million shares or 2.39% less from 15.21 million shares in 2016Q3 were reported.
Price T Rowe Assocs Md has 465,437 shares for 0% of their portfolio. Eam Investors Ltd Liability Corp invested in 47,672 shares. Natl Bank Of Montreal Can has invested 0% in Control4 Corp (NASDAQ:CTRL). The Ohio-based Huntington Bancshares has invested 0% in Control4 Corp (NASDAQ:CTRL). Frontier Capital Mgmt Company Limited Liability Corp holds 1.32M shares or 0.1% of its portfolio. Citadel Limited Liability Company holds 48,065 shares or 0% of its portfolio. Lord Abbett Ltd Liability invested in 0.02% or 681,091 shares. Blackrock Gp Limited invested 0% of its portfolio in Control4 Corp (NASDAQ:CTRL). Pennsylvania-based Susquehanna Group Ltd Liability Partnership has invested 0% in Control4 Corp (NASDAQ:CTRL). Oberweis Asset Inc holds 0.2% or 64,300 shares. Jacobs Levy Equity Mngmt has invested 0.02% of its portfolio in Control4 Corp (NASDAQ:CTRL). Parametric Port Assocs Ltd Liability Corporation holds 0% or 20,759 shares in its portfolio. Clarivest Asset Mgmt Llc reported 123,009 shares. Dupont Cap Mgmt reported 0.01% stake. Blackrock Institutional Na invested in 469,210 shares or 0% of the stock.

Since March 29, 2017, it had 0 insider purchases, and 13 selling transactions for $4.74 million activity. On Tuesday, May 9 Bishop Greg sold $376,631 worth of Control4 Corp (NASDAQ:CTRL) or 21,143 shares. $560,319 worth of Control4 Corp (NASDAQ:CTRL) shares were sold by Dungan Jefferson. The insider Anderson Eric sold 25,454 shares worth $443,918. 4,759 shares were sold by Judd Bryce, worth $86,376. $32,089 worth of Control4 Corp (NASDAQ:CTRL) was sold by Cashen Susan on Friday, May 19. $10,309 worth of stock was sold by Novakovich Mark on Friday, May 19. $21,286 worth of Control4 Corp (NASDAQ:CTRL) was sold by Molyneux Phil on Tuesday, May 16.

The stock of Control4 Corp (NASDAQ:CTRL) hit a new 52-week high and has $29.87 target or 7.00 % above today’s $27.92 share price. The 7 months bullish chart indicates low risk for the $693.97 million company. The 1-year high was reported on Sep, 17 by Barchart.com. If the $29.87 price target is reached, the company will be worth $48.58M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.53% or $0.42 on September 15, reaching $27.92. About 666,269 shares traded. Control4 Corp (NASDAQ:CTRL) has risen 139.51% since September 17, 2016 and is uptrending. It has outperformed by 122.81% the S&P500.

Wall Street await Control4 Corp (NASDAQ:CTRL) to release earnings on November, 2. Analysts forecast EPS of $0.15, down exactly $0.03 or 16.67 % from 2014’s $0.18 EPS. The expected CTRL’s profit could reach $3.73 million giving the stock 46.53 P/E in the case that $0.15 earnings per share is reported. After posting $0.21 EPS for the previous quarter, Control4 Corp’s analysts now forecast -28.57 % negative EPS growth.

Control4 Corp (NASDAQ:CTRL) Ratings Coverage

Among 7 analysts covering Control4 (NASDAQ:CTRL), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Control4 has $2600 highest and $7.50 lowest target. $19.20’s average target is -31.23% below currents $27.92 stock price. Control4 had 14 analyst reports since July 31, 2015 according to SRatingsIntel. Needham maintained Control4 Corp (NASDAQ:CTRL) on Wednesday, May 31 with “Buy” rating. The rating was maintained by Imperial Capital with “In-Line” on Tuesday, February 14. The company was maintained on Friday, August 4 by Maxim Group. The stock has “Hold” rating by Needham on Friday, October 30. The stock of Control4 Corp (NASDAQ:CTRL) has “Outperform” rating given on Friday, September 8 by Cowen & Co. Imperial Capital maintained the shares of CTRL in report on Monday, November 7 with “In-Line” rating. The firm has “In-Line” rating given on Friday, August 12 by Imperial Capital. The stock of Control4 Corp (NASDAQ:CTRL) has “In-Line” rating given on Tuesday, November 17 by Imperial Capital. Cowen & Co maintained Control4 Corp (NASDAQ:CTRL) rating on Friday, August 4. Cowen & Co has “Hold” rating and $2200 target. The firm earned “Outperform” rating on Friday, February 10 by Raymond James.

More notable recent Control4 Corp (NASDAQ:CTRL) news were published by: Seekingalpha.com which released: “Control4: Applying Federal Tax Would Yield 30% Downside To Sell-Side EPS …” on August 22, 2017, also Marketwatch.com with their article: “27.92” published on August 07, 2013, Quotes.Wsj.com published: “Control4 Corp.” on July 27, 2013. More interesting news about Control4 Corp (NASDAQ:CTRL) were released by: Fool.com and their article: “Why Control4 Corp.’s Shares Lost Control Today” published on February 06, 2015 as well as Seekingalpha.com‘s news article titled: “Control4 Posted Record Revenue In Q4 2016 Amid Strong Demand” with publication date: February 15, 2017.

Control4 Corporation is a well-known provider of smart home and business solutions. The company has market cap of $693.97 million. The Company’s smart home and small business solutions provide clients 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. It has a 67.53 P/E ratio. The Company’s Control4 solution integrates various third-party devices and systems into a unified solution for mainstream consumers.

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