Control4 Corp SVP James B. Arnold Sells 13,500 Shares (CTRL)
Control4 Corp (NASDAQ:CTRL) SVP James B. Arnold sold 13,500 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $19.80, for a total transaction of $267,300.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
CTRL has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Control4 Corp in a research note on Tuesday, May 6th. They now have a $25.00 price target on the stock. Separately, analysts at Imperial Capital cut their price target on shares of Control4 Corp from $30.00 to $24.00 in a research note on Tuesday, May 6th. They now have an “outperform” rating on the stock. Finally, analysts at Raymond James upgraded shares of Control4 Corp from an “outperform” rating to a “strong-buy” rating in a research note on Wednesday, April 16th. They now have a $24.00 price target on the stock. Seven analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $25.50.
Control4 Corp (NASDAQ:CTRL) traded down 2.70% on Monday, hitting $19.08. 184,094 shares of the company’s stock traded hands. Control4 Corp has a one year low of $13.77 and a one year high of $32.50. The stock has a 50-day moving average of $18.1 and a 200-day moving average of $19.86. The company has a market cap of $452.2 million and a price-to-earnings ratio of 117.43.
Control4 Corp (NASDAQ:CTRL) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $31.90 million for the quarter, compared to the consensus estimate of $31.25 million. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. Analysts expect that Control4 Corp will post $0.46 EPS for the current fiscal year.
Control4 Corporation is a provider of automation and control solutions for the connected home. The Company provides its consumers with the ability to integrate music, video, lighting, temperature, security, communications and other functionalities into a unified home automation solution.
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