Control4 Corporation (NASDAQ:CTRL) CEO Martin Plaehn sold 5,304 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $33.27, for a total transaction of $176,464.08. Following the completion of the transaction, the chief executive officer now directly owns 52,120 shares of the company’s stock, valued at approximately $1,734,032.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Martin Plaehn also recently made the following trade(s):

  • On Tuesday, November 7th, Martin Plaehn sold 117,137 shares of Control4 Corporation stock. The shares were sold at an average price of $33.02, for a total transaction of $3,867,863.74.
  • On Thursday, November 9th, Martin Plaehn sold 222,000 shares of Control4 Corporation stock. The shares were sold at an average price of $32.25, for a total transaction of $7,159,500.00.

Shares of Control4 Corporation (NASDAQ:CTRL) traded up $0.73 during mid-day trading on Tuesday, reaching $33.81. 436,300 shares of the company traded hands, compared to its average volume of 492,090. Control4 Corporation has a 1 year low of $10.08 and a 1 year high of $34.73. The firm has a market capitalization of $822.23, a price-to-earnings ratio of 50.89, a price-to-earnings-growth ratio of 3.23 and a beta of -0.57.

Control4 Corporation (NASDAQ:CTRL) last issued its quarterly earnings results on Thursday, November 2nd. The electronics maker reported $0.35 EPS for the quarter, topping the consensus estimate of $0.15 by $0.20. Control4 Corporation had a net margin of 5.96% and a return on equity of 11.63%. The firm had revenue of $64.70 million during the quarter, compared to analyst estimates of $63.59 million. During the same quarter in the prior year, the business posted $0.26 earnings per share. Control4 Corporation’s revenue for the quarter was up 17.2% compared to the same quarter last year. sell-side analysts forecast that Control4 Corporation will post 0.68 EPS for the current year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp grew its stake in Control4 Corporation by 35.1% during the third quarter. Bank of New York Mellon Corp now owns 985,858 shares of the electronics maker’s stock worth $29,043,000 after buying an additional 256,073 shares during the period. Dimensional Fund Advisors LP grew its stake in Control4 Corporation by 14.0% during the third quarter. Dimensional Fund Advisors LP now owns 915,412 shares of the electronics maker’s stock worth $26,968,000 after buying an additional 112,555 shares during the period. Renaissance Technologies LLC grew its stake in Control4 Corporation by 38.3% during the second quarter. Renaissance Technologies LLC now owns 850,400 shares of the electronics maker’s stock worth $16,676,000 after buying an additional 235,700 shares during the period. Vanguard Group Inc. grew its stake in Control4 Corporation by 6.2% during the second quarter. Vanguard Group Inc. now owns 849,627 shares of the electronics maker’s stock worth $16,661,000 after buying an additional 49,595 shares during the period. Finally, Lord Abbett & CO. LLC grew its stake in Control4 Corporation by 11.3% during the second quarter. Lord Abbett & CO. LLC now owns 800,964 shares of the electronics maker’s stock worth $15,707,000 after buying an additional 81,180 shares during the period. Institutional investors own 74.75% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Maxim Group reissued a “hold” rating and issued a $33.00 price objective on shares of Control4 Corporation in a research report on Friday, November 3rd. UBS AG lowered shares of Control4 Corporation from an “outperform” rating to a “market perform” rating in a research report on Friday, November 3rd. Zacks Investment Research raised shares of Control4 Corporation from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research report on Wednesday, November 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $30.00 price target on shares of Control4 Corporation in a research report on Friday, November 3rd. Finally, Cowen and Company set a $30.00 price target on shares of Control4 Corporation and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $25.50.

Control4 Corporation 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.

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

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