VMware, Inc. (NYSE:VMW) Moves Into Potential Pullback Territory

Elias Hubbard
September 15, 2017

Impax Laboratories Inc now has $1.60 billion valuation. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. About shares traded. Tenneco Inc (NYSE:TEN) has risen 7.45% since September 14, 2016 and is uptrending. It has underperformed by 1.24% the S&P500.

Vmware, Inc. (NYSE:VMW) was upgraded by equities research analysts at Daiwa Capital Markets from a "hold" rating to an "outperform" rating in a report issued on Tuesday, The Fly reports. Therefore 46% are positive. The company has a 50-day moving average of $83.78 and a 200-day moving average of $77.34. The brokerage set an "outperform" rating and a $130.00 price target on the virtualization software provider's stock.

VMware, Inc is a provider of virtualization infrastructure solutions and cloud infrastructure solutions. Common stock, Clas (NYSE:VMW) recently. As per Thursday, August 24, the company rating was maintained by Oppenheimer.

Since January 1, 0001, it had 1 insider purchase, and 0 sales for $1,602 activity. The stock has "Neutral" rating by Mizuho on Thursday, October 27. On Friday, July 7 the stock rating was maintained by RBC Capital Markets with "Buy". The rating was initiated by Gabelli on Monday, December 14 with "Buy". Voya Investment Management LLC now owns 2,633,434 shares of the virtualization software provider's stock worth $230,241,000 after purchasing an additional 538,393 shares during the last quarter. Penserra Capital Management LLC increased its stake in shares of Vmware by 9.5% during the 1st quarter. Gillespie Robinson And Grimm reported 3.01% of its portfolio in VMware, Inc. During the same quarter in the prior year, the company earned $0.97 earnings per share. The virtualization software provider reported $1.19 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.15 by $0.04.

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.33, from 1.54 in 2016Q3. Hedge funds and other institutional investors own 21.81% of the company's stock. Zweig owns 5,200 shares or 0.03% of their United States portfolio. Allianz Asset Ag holds 0.02% or 438,569 shares in its portfolio. Credit Agricole S A invested in 0.01% or 54,285 shares. Acadian Asset Limited Liability holds 0.01% of its portfolio in VMware, Inc. Franklin Resource Inc has 438,946 shares. Aperio Gp Ltd reported 63,468 shares. American International Grp Incorporated owns 32,438 shares. Macquarie Grp Ltd accumulated 7,200 shares. 5,552 are held by Janney Montgomery Scott Limited Liability Company. 102 shares were bought by Guo Peng, worth $6,350. The shares were purchased at an average price of $0.00. Kunz John E had bought 12 shares worth $747. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell.

Analysts await Impax Laboratories Inc (NASDAQ:IPXL) to report earnings on November, 8. The firm has "Hold" rating by Jefferies given on Wednesday, April 26. The stock has "Market Perform" rating by Wells Fargo on Wednesday, January 11. (NYSE:VMW) earned "Neutral" rating by Bank of America on Wednesday, October 21. The firm earned "Buy" rating on Wednesday, June 21 by CLSA. (NYSE:VMW) has "Market Perform" rating given on Tuesday, May 24 by Cowen & Co. The stock decreased 0.66% or $0.32 during the last trading session, reaching $48.51.

In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits. It has outperformed by 10.26% the S&P500.

Since March 15, 2017, it had 0 buys, and 6 insider sales for $238.98 million activity. Another trade for 666,354 shares valued at $59.40M was made by DELL MICHAEL S on Friday, May 5. Shares for $59.40M were sold by Durban Egon on Friday, May 5. Finally, MKM Partners restated a "buy" rating and issued a $110.00 price target (up from $100.00) on shares of Vmware in a research report on Thursday, June 1st. (NYSE:VMW) for 160,934 shares. Also, COO Sanjay Poonen sold 1,134 shares of the stock in a transaction on Friday, September 8th.

Investors sentiment increased to 1.09 in 2016 Q4. Its down 0.06, from 1.04 in 2016Q3. Shares for $59.40M were sold by Dell Technologies Inc on Friday, May 5. 55 funds opened positions while 119 raised stakes. It also upped Medtronic Plc (NYSE:MDT) stake by 350,276 shares and now owns 523,749 shares. 3,219 are held by Commerzbank Aktiengesellschaft Fi. (NYSE:VMW) for 2.63 million shares.

Shares of Huntington Ingalls Industries Inc (HII) are moving on volatility today -0.42% or -0.89 from the open. (NYSE:VMW) for 13,000 shares. First Manhattan Com reported 75 shares. Soros Fund Management Ltd reported 0.09% stake. Employees Retirement Sys Of Texas, Texas-based fund reported 103,000 shares. Baring Asset Management has invested 0.28% in Monsanto Company (NYSE:MON). (NYSE:VMW). Hanson Mcclain Incorporated reported 15 shares stake. Nuveen Asset Mgmt Ltd Liability Co has invested 0.09% in VMware, Inc. (NYSE:VMW). Cap Guardian Trust reported 800 shares. The firm has a market capitalization of $45.29 billion, a P/E ratio of 39.87 and a beta of 0.74. The Company is involved in development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware.

Other reports by Click Lancashire

Discuss This Article