Is Control4 Corp (CTRL)’s Fuel Running Low? The Stock Reaches 52-Week High Today

September 12, 2017 - By Henry Gaston

Investors sentiment decreased to 1.27 in 2016 Q4. Its down 0.56, from 1.83 in 2016Q3. It dived, 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.
State Street accumulated 269,394 shares. Citigroup holds 20,224 shares or 0% of its portfolio. 130,962 were accumulated by Geode Capital Mgmt Limited Liability Company. State Common Retirement Fund holds 0% in Control4 Corp (NASDAQ:CTRL) or 19,000 shares. Credit Suisse Ag invested in 0% or 12,101 shares. Blackrock Japan Company Ltd holds 0% or 736 shares in its portfolio. Nordea Investment Ab invested in 0% or 77,000 shares. 3,432 were accumulated by Grp Inc One Trading Limited Partnership. Renaissance Techs Limited Liability Corp invested in 0% or 260,700 shares. Schwab Charles Investment Mngmt invested in 0% or 59,767 shares. American Grp Incorporated stated it has 0% in Control4 Corp (NASDAQ:CTRL). Products Prtn Lc holds 0.02% or 30,400 shares in its portfolio. Bridgeway Capital Mgmt owns 0.01% invested in Control4 Corp (NASDAQ:CTRL) for 80,250 shares. Manufacturers Life Ins Com The owns 13,940 shares or 0% of their US portfolio. Globeflex L P has invested 0.11% in Control4 Corp (NASDAQ:CTRL).

Since March 29, 2017, it had 0 insider purchases, and 13 selling transactions for $4.74 million activity. On Tuesday, May 9 Anderson Eric sold $2.62 million worth of Control4 Corp (NASDAQ:CTRL) or 147,622 shares. Bishop Greg also sold $40,910 worth of Control4 Corp (NASDAQ:CTRL) on Friday, May 19. Shares for $86,376 were sold by Judd Bryce. Novakovich Mark sold 568 shares worth $10,309. $560,319 worth of Control4 Corp (NASDAQ:CTRL) shares were sold by Dungan Jefferson. Cashen Susan had sold 1,768 shares worth $32,089.

The stock of Control4 Corp (NASDAQ:CTRL) hit a new 52-week high and has $28.16 target or 4.00 % above today’s $27.08 share price. The 9 months bullish chart indicates low risk for the $673.22M company. The 1-year high was reported on Sep, 12 by Barchart.com. If the $28.16 price target is reached, the company will be worth $26.93M 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.

It is 0.02% or $0 reaching $27.08 per share. It is down 139.51% since September 12, 2016 and is uptrending. It has outperformed by 122.81% the S&P500.

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 had 14 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Cowen & Co on Friday, September 8 to “Outperform”. The stock of Control4 Corp (NASDAQ:CTRL) has “In-Line” rating given on Tuesday, November 17 by Imperial Capital. The rating was maintained by Imperial Capital on Monday, November 7 with “In-Line”. The stock of Control4 Corp (NASDAQ:CTRL) earned “Neutral” rating by Bank of America on Friday, October 30. On Wednesday, May 31 the stock rating was maintained by Needham with “Buy”. As per Friday, August 4, the company rating was maintained by Cowen & Co. Canaccord Genuity maintained it with “Hold” rating and $10 target in Friday, July 31 report. The rating was upgraded by Raymond James on Friday, February 10 to “Outperform”. The firm earned “In-Line” rating on Friday, August 12 by Imperial Capital. The stock of Control4 Corp (NASDAQ:CTRL) earned “Hold” rating by Needham on Friday, October 30.

More notable recent Control4 Corp (NASDAQ:CTRL) news were published by: Marketwatch.com which released: “27.08” on August 07, 2013, also Fool.com with their article: “Why Control4 Corp.’s Shares Lost Control Today” published on February 06, 2015, Quotes.Wsj.com published: “Control4 Corp.” on July 27, 2013. More interesting news about Control4 Corp (NASDAQ:CTRL) were released by: Seekingalpha.com and their article: “Control4 Posted Record Revenue In Q4 2016 Amid Strong Demand” published on February 15, 2017 as well as Seekingalpha.com‘s news article titled: “Control4 Corp. Could Be A Buyout Target In The Near Term” with publication date: October 30, 2014.

Control4 Corporation is a well-known provider of smart home and business solutions. The company has market cap of $673.22 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 65.51 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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