Institutional Investors Lead Shift in Allot Communications LTD (NASDAQ:ALLT) Sentiment

June 17, 2018 - By Migdalia James

Allot Communications Ltd. (NASDAQ:ALLT) Logo

Sentiment for Allot Communications LTD (NASDAQ:ALLT)

Allot Communications LTD (NASDAQ:ALLT) institutional sentiment increased to 1.5 in 2018 Q1. Its up 0.10, from 1.4 in 2017Q4. The ratio improved, as 15 investment professionals increased or opened new positions, while 10 cut down and sold their holdings in Allot Communications LTD. The investment professionals in our partner’s database reported: 12.62 million shares, up from 12.44 million shares in 2017Q4. Also, the number of investment professionals holding Allot Communications LTD in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 7 Increased: 8 New Position: 7.

Allot Communications Ltd. provides visibility, intelligence, security, and monetization solutions that enable service providers and enterprises to protect and personalize the digital experience worldwide. The company has market cap of $179.70 million. The firm offers various platforms, including Allot Service Gateway 9500, Allot Service Gateway Tera, Allot Service Gateway, and Allot NetEnforcer for in-line deployment in traditional and virtualized network access infrastructure. It currently has negative earnings. It also provides subscriber management platforms, such as Allot TierManager, Allot QuotaManager, Allot ChargeSmart, and Allot Smart Engage Onboarding that drive centralized creation, provisioning, and pricing of subscriber services; and analytics solutions comprising Allot ClearSee Analytics and Allot ClearSee Data Source that analyze traffic data.

The stock increased 0.94% or $0.05 during the last trading session, reaching $5.35. About 65,383 shares traded or 134.27% up from the average. Allot Communications Ltd. (NASDAQ:ALLT) has risen 6.79% since June 17, 2017 and is uptrending. It has underperformed by 5.78% the S&P500.

Analysts await Allot Communications Ltd. (NASDAQ:ALLT) to report earnings on August, 7. They expect $-0.10 EPS, 0.00 % or $0.00 from last year’s $-0.1 per share. After $-0.09 actual EPS reported by Allot Communications Ltd. for the previous quarter, Wall Street now forecasts 11.11 % negative EPS growth.

P.A.W. Capital Corp holds 4.52% of its portfolio in Allot Communications Ltd. for 700,000 shares. Soros Fund Management Llc owns 4.99 million shares or 0.44% of their US portfolio. Moreover, Clal Insurance Enterprises Holdings Ltd has 0.32% invested in the company for 2.21 million shares. The Arkansas-based Horrell Capital Management Inc. has invested 0.27% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 178,025 shares.

Another recent and important Allot Communications Ltd. (NASDAQ:ALLT) news was published by Prnewswire.com which published an article titled: “Allot Telco Security Trends Report Reveals CSP Security Services Prove Highly Effective in Protecting Consumers from …” on June 12, 2018.

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