Carbonite, Inc. (NASDAQ:CARB) SVP Norman Guadagno sold 1,134 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $23.70, for a total value of $26,875.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Norman Guadagno also recently made the following trade(s):
- On Friday, January 12th, Norman Guadagno sold 1,912 shares of Carbonite stock. The shares were sold at an average price of $25.80, for a total value of $49,329.60.
Shares of Carbonite, Inc. (NASDAQ CARB) traded down $0.90 during mid-day trading on Monday, hitting $22.70. The company had a trading volume of 353,651 shares, compared to its average volume of 198,694. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.12. The company has a market capitalization of $651.69, a PE ratio of -189.17, a P/E/G ratio of 1.89 and a beta of 0.33. Carbonite, Inc. has a fifty-two week low of $18.10 and a fifty-two week high of $27.00.
Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Carbonite by 14.8% in the second quarter. Vanguard Group Inc. now owns 1,686,093 shares of the technology company’s stock valued at $36,757,000 after buying an additional 217,337 shares during the period. Crosslink Capital Inc. boosted its stake in shares of Carbonite by 7.2% in the second quarter. Crosslink Capital Inc. now owns 1,312,983 shares of the technology company’s stock valued at $28,623,000 after buying an additional 87,900 shares during the period. Pembroke Management LTD boosted its stake in shares of Carbonite by 0.4% in the fourth quarter. Pembroke Management LTD now owns 1,250,153 shares of the technology company’s stock valued at $31,378,000 after buying an additional 4,400 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Carbonite by 4.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,103,160 shares of the technology company’s stock valued at $24,270,000 after buying an additional 46,260 shares during the period. Finally, Summit Creek Advisors LLC boosted its stake in shares of Carbonite by 10.1% in the fourth quarter. Summit Creek Advisors LLC now owns 613,577 shares of the technology company’s stock valued at $15,401,000 after buying an additional 56,285 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.americanbankingnews.com/2018/02/05/norman-guadagno-sells-1134-shares-of-carbonite-inc-carb-stock.html.
Carbonite Company Profile
Carbonite, Inc provides data protection solutions, including cloud, hybrid and on-premise backup and restore, disaster recovery as a service (DRaaS) and e-mail archiving. The Company’s solutions provide enterprise-grade data protection and recovery capabilities to its customers. The Company’s small and medium-sized businesses (SMBs) plans include Carbonite Computer Backup; Carbonite Server Backup, such as Carbonite Office Power and Carbonite Office Ultimate; EVault Cloud Backup; DRaaS, and e-mail archiving.
Receive News & Ratings for Carbonite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carbonite and related companies with MarketBeat.com's FREE daily email newsletter.