Nimble Storage Inc. (NYSE:NMBL) Director William John Schroeder acquired 5,000 shares of the stock in a transaction on Wednesday, September 21st. The shares were acquired at an average price of $7.30 per share, with a total value of $36,500.00. Following the transaction, the director now directly owns 46,870 shares of the company’s stock, valued at $342,151. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, September 19th, William John Schroeder acquired 2,500 shares of Nimble Storage stock. The shares were acquired at an average price of $7.41 per share, with a total value of $18,525.00.
  • On Friday, June 24th, William John Schroeder acquired 10,000 shares of Nimble Storage stock. The shares were acquired 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 acquired 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 7.78 on Friday. Nimble Storage Inc. has a 1-year low of $5.64 and a 1-year high of $24.98. The company has a 50-day moving average of $8.09 and a 200-day moving average of $7.79. The firm’s market capitalization is $662.07 million.

Nimble Storage (NYSE:NMBL) last issued its quarterly earnings results on Tuesday, August 23rd. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.01. The company had revenue of $97.10 million for the quarter, compared to analyst estimates of $94.71 million. Nimble Storage had a negative net margin of 40.53% and a negative return on equity of 97.66%. The business’s revenue for the quarter was up 21.2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.10) earnings per share. Equities research analysts predict that Nimble Storage Inc. will post ($0.72) EPS for the current fiscal year.

Several research firms have commented on NMBL. Zacks Investment Research lowered shares of Nimble Storage from a “hold” rating to a “sell” rating in a research report on Saturday, August 27th. Summit Redstone reiterated a “buy” rating and set a $14.00 price objective (up previously from $12.00) on shares of Nimble Storage in a research report on Thursday, August 25th. Wells Fargo & Co. reiterated a “market perform” rating and set a $9.50 price objective (up previously from $7.50) on shares of Nimble Storage in a research report on Thursday, August 25th. Needham & Company LLC reiterated a “buy” rating and set a $12.00 price objective on shares of Nimble Storage in a research report on Thursday, August 25th. Finally, Piper Jaffray Cos. reissued a “neutral” rating and issued a $9.00 target price on shares of Nimble Storage in a research note on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Nimble Storage currently has a consensus rating of “Hold” and a consensus price target of $15.66.

Hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC raised its stake in shares of 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. Disciplined Growth Investors Inc. MN acquired a new stake in shares of Nimble Storage during the first quarter worth about $5,895,000. Friess Associates LLC acquired a new stake in shares of Nimble Storage during the second quarter worth about $4,856,000. Vanguard Group Inc. raised its stake in shares of Nimble Storage by 13.2% in the second quarter. Vanguard Group Inc. now owns 4,147,386 shares of the company’s stock worth $33,013,000 after buying an additional 482,263 shares during the period. Finally, Polar Capital LLP raised its stake in shares of Nimble Storage by 22.9% in the second quarter. Polar Capital LLP now owns 2,394,557 shares of the company’s stock worth $19,050,000 after buying an additional 446,236 shares during the period. Institutional investors own 61.88% of the company’s stock.

About Nimble Storage

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.

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