Control4 Corp (NASDAQ:CTRL) CFO Mark Novakovich sold 568 shares of Control4 Corp stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $18.15, for a total transaction of $10,309.20. Following the completion of the sale, the chief financial officer now owns 13,335 shares of the company’s stock, valued at $242,030.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Control4 Corp (NASDAQ:CTRL) traded up 3.45% during trading on Monday, hitting $18.31. 494,755 shares of the company were exchanged. The stock has a market capitalization of $445.68 million, a PE ratio of 65.16 and a beta of -0.97. The firm’s 50 day moving average price is $16.72 and its 200-day moving average price is $13.61. Control4 Corp has a 1-year low of $7.50 and a 1-year high of $18.61.

Control4 Corp (NASDAQ:CTRL) last issued its quarterly earnings results on Thursday, May 4th. The electronics maker reported ($0.01) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.07. Control4 Corp had a net margin of 6.20% and a return on equity of 7.50%. The company had revenue of $50.20 million for the quarter, compared to the consensus estimate of $47.29 million. During the same quarter in the prior year, the company earned $0.04 EPS. Control4 Corp’s quarterly revenue was up 16.7% on a year-over-year basis. Equities analysts predict that Control4 Corp will post $0.95 EPS for the current year.

Insider Buying and Selling by Quarter for Control4 Corp (NASDAQ:CTRL)

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A number of institutional investors have recently modified their holdings of the company. UBS Group AG increased its position in shares of Control4 Corp by 6.3% in the first quarter. UBS Group AG now owns 7,727 shares of the electronics maker’s stock valued at $122,000 after buying an additional 458 shares during the period. TFS Capital LLC acquired a new position in shares of Control4 Corp during the first quarter valued at $176,000. Hancock Holding Co. acquired a new position in shares of Control4 Corp during the first quarter valued at $189,000. American International Group Inc. increased its position in shares of Control4 Corp by 7.1% in the first quarter. American International Group Inc. now owns 12,377 shares of the electronics maker’s stock valued at $195,000 after buying an additional 822 shares during the period. Finally, AXA acquired a new position in shares of Control4 Corp during the first quarter valued at $204,000. Institutional investors own 65.00% of the company’s stock.

A number of brokerages have recently commented on CTRL. Imperial Capital lifted their price target on shares of Control4 Corp from $16.00 to $19.00 and gave the stock an “in-line” rating in a research note on Monday, May 8th. S&P Equity Research upgraded shares of Control4 Corp from a “market perform” rating to an “outperform” rating and set a $17.00 price target for the company in a research note on Friday, February 10th. Singular Research began coverage on shares of Control4 Corp in a research note on Monday, April 17th. They issued a “buy” rating and a $21.00 price target for the company. Zacks Investment Research upgraded shares of Control4 Corp from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Thursday, February 9th. Finally, Raymond James Financial, Inc. upgraded shares of Control4 Corp from a “market perform” rating to an “outperform” rating and set a $17.00 price target for the company in a research note on Friday, February 10th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Control4 Corp has a consensus rating of “Buy” and an average target price of $18.83.

Control4 Corp Company Profile

Control4 Corporation (Control4) is a provider of smart home and business solutions. The Company’s smart home and small business solutions provide consumers 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.

12 Month Chart for NASDAQ:CTRL

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