Nimble Storage Inc. (NYSE:NMBL) Director William John Schroeder acquired 2,500 shares of the stock in a transaction on Monday, September 19th. The shares were bought at an average price of $7.41 per share, with a total value of $18,525.00. Following the purchase, the director now directly owns 46,870 shares of the company’s stock, valued at approximately $347,306.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

William John Schroeder also recently made the following trade(s):

  • On Wednesday, September 21st, William John Schroeder acquired 5,000 shares of Nimble Storage stock. The shares were bought at an average price of $7.30 per share, with a total value of $36,500.00.
  • On Friday, June 24th, William John Schroeder acquired 10,000 shares of Nimble Storage stock. The shares were bought at an average price of $7.99 per share, with a total value of $79,900.00.
  • On Monday, June 27th, William John Schroeder acquired 27,500 shares of Nimble Storage stock. The shares were bought at an average price of $7.58 per share, with a total value of $208,450.00.

Shares of Nimble Storage Inc. (NYSE:NMBL) opened at 7.50 on Thursday. Nimble Storage Inc. has a 12 month low of $5.64 and a 12 month high of $24.98. The stock’s market capitalization is $638.24 million. The firm’s 50-day moving average price is $8.08 and its 200-day moving average price is $7.79.

Nimble Storage (NYSE:NMBL) last posted its earnings results on Tuesday, August 23rd. The company reported ($0.19) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.01. Nimble Storage had a negative return on equity of 97.66% and a negative net margin of 40.53%. The firm had revenue of $97.10 million for the quarter, compared to analysts’ expectations of $94.71 million. During the same period last year, the firm earned ($0.10) EPS. The company’s quarterly revenue was up 21.2% on a year-over-year basis. On average, equities research analysts forecast that Nimble Storage Inc. will post ($0.72) EPS for the current year.

Several large investors have recently bought and sold shares of NMBL. Renaissance Technologies LLC boosted its stake in Nimble Storage by 111.8% in the first quarter. Renaissance Technologies LLC now owns 2,849,300 shares of the company’s stock worth $22,339,000 after buying an additional 1,504,300 shares during the period. Granahan Investment Management Inc. MA boosted its stake in Nimble Storage by 76.2% in the first quarter. Granahan Investment Management Inc. MA now owns 655,364 shares of the company’s stock worth $5,138,000 after buying an additional 283,360 shares during the period. Geode Capital Management LLC boosted its stake in Nimble Storage by 7.6% in the first quarter. Geode Capital Management LLC now owns 355,917 shares of the company’s stock worth $2,790,000 after buying an additional 25,192 shares during the period. UBS Asset Management Americas Inc. boosted its stake in Nimble Storage by 11.0% in the first quarter. UBS Asset Management Americas Inc. now owns 25,300 shares of the company’s stock worth $198,000 after buying an additional 2,500 shares during the period. Finally, Primecap Management Co. CA boosted its stake in Nimble Storage by 35.9% in the first quarter. Primecap Management Co. CA now owns 302,600 shares of the company’s stock worth $2,372,000 after buying an additional 80,000 shares during the period. Hedge funds and other institutional investors own 61.88% of the company’s stock.

A number of research analysts have issued reports on NMBL shares. BMO Capital Markets upgraded Nimble Storage from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $9.00 to $10.00 in a research note on Wednesday, August 3rd. Morgan Stanley boosted their price target on Nimble Storage from $6.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 24th. Jefferies Group boosted their price target on Nimble Storage from $13.50 to $14.00 and gave the stock a “buy” rating in a research note on Wednesday, August 24th. RBC Capital Markets restated a “sector perform” rating and issued a $10.00 price target (up previously from $8.00) on shares of Nimble Storage in a research note on Wednesday, August 24th. Finally, Zacks Investment Research cut Nimble Storage from a “hold” rating to a “sell” rating in a research note on Saturday, August 27th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Nimble Storage presently has an average rating of “Hold” and an average target price of $15.66.

Nimble Storage Company Profile

Nimble Storage, Inc (Nimble Storage) engineers and delivers its customers with flash storage platform. The Company’s Predictive Flash platform consists of a Unified Flash Fabric that provides a single consolidation architecture with common data services across a portfolio of All Flash and Adaptive Flash arrays, and InfoSight predictive analytics with integrated support and service offerings.

5 Day Chart for NYSE:NMBL

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