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Infoblox (NASDAQ:BLOX) Director Michael L. Goguen unloaded 17,564 shares of the company’s stock on the open market in a transaction dated Friday, January 10th. The shares were sold at an average price of $37.09, for a total transaction of $651,448.76. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Infoblox (NASDAQ:BLOX) traded down 7.23% during mid-day trading on Monday, hitting $35.43. 1,893,453 shares of the company’s stock traded hands. Infoblox has a one year low of $18.36 and a one year high of $48.97. The stock has a 50-day moving average of $33.06 and a 200-day moving average of $36.66. The company’s market cap is $1.877 billion.

Infoblox (NASDAQ:BLOX) last released its earnings data on Tuesday, November 26th. The company reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.03. The company had revenue of $63.50 million for the quarter, compared to the consensus estimate of $63.50 million. During the same quarter last year, the company posted $0.06 earnings per share. Infoblox’s revenue was up 28.3% compared to the same quarter last year. Analysts expect that Infoblox will post $0.52 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. initiated coverage on shares of Infoblox in a research note to investors on Tuesday, December 10th. They set a “neutral” rating and a $32.00 price target on the stock. Separately, analysts at Cowen and Company cut their price target on shares of Infoblox from $45.00 to $43.00 in a research note to investors on Friday, November 29th. Finally, analysts at Wedbush cut their price target on shares of Infoblox from $44.00 to $41.00 in a research note to investors on Wednesday, November 27th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $78.42.

Infoblox Inc (NASDAQ:BLOX) is an automated network controller.

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