Shares of Control4 Corporation (NASDAQ:CTRL) saw an uptick in trading volume on Monday . 901,491 shares were traded during mid-day trading, an increase of 54% from the previous session’s volume of 583,644 shares.The stock last traded at $33.63 and had previously closed at $31.53.

Several research firms have weighed in on CTRL. BidaskClub downgraded shares of Control4 Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. 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. Zacks Investment Research upgraded shares of Control4 Corporation from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Wednesday, August 9th. UBS AG downgraded shares of Control4 Corporation from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target (up from $22.00) on shares of Control4 Corporation in a research report on Wednesday, August 9th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $24.00.

The firm has a market capitalization of $801.47, a P/E ratio of 48.51, a PEG ratio of 3.54 and a beta of -0.57.

Control4 Corporation (NASDAQ:CTRL) last announced its quarterly earnings data on Thursday, November 2nd. The electronics maker reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.20. The firm had revenue of $64.70 million during the quarter, compared to analysts’ expectations of $63.59 million. Control4 Corporation had a net margin of 5.96% and a return on equity of 11.63%. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 earnings per share. analysts anticipate that Control4 Corporation will post 0.59 EPS for the current fiscal year.

In related news, CFO Mark Novakovich sold 2,168 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $22.87, for a total transaction of $49,582.16. Following the completion of the transaction, the chief financial officer now directly owns 18,495 shares of the company’s stock, valued at $422,980.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Susan Cashen sold 1,768 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $22.87, for a total transaction of $40,434.16. The disclosure for this sale can be found here. Insiders have sold 8,546 shares of company stock valued at $194,603 over the last ninety days. 6.10% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. 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 valued at $16,676,000 after acquiring an additional 235,700 shares in the last quarter. Vanguard Group Inc. lifted its position in Control4 Corporation by 6.2% during the second quarter. Vanguard Group Inc. now owns 849,627 shares of the electronics maker’s stock valued at $16,661,000 after purchasing an additional 49,595 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Control4 Corporation by 100.4% during the second quarter. Dimensional Fund Advisors LP now owns 802,857 shares of the electronics maker’s stock valued at $15,744,000 after purchasing an additional 402,208 shares during the last quarter. Lord Abbett & CO. LLC lifted its position 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 valued at $15,707,000 after purchasing an additional 81,180 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Control4 Corporation by 638.2% during the second quarter. Bank of New York Mellon Corp now owns 729,785 shares of the electronics maker’s stock valued at $14,311,000 after purchasing an additional 630,921 shares during the last quarter. 71.23% of the stock is owned by institutional investors.

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About Control4 Corporation

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.

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