Control4 Corporation (NASDAQ:CTRL) Director Jeremy A. Jaech sold 12,801 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $34.48, for a total transaction of $441,378.48. Following the sale, the director now owns 31,002 shares in the company, valued at approximately $1,068,948.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Control4 Corporation (NASDAQ CTRL) traded down $0.56 during mid-day trading on Friday, reaching $32.68. 538,811 shares of the company traded hands, compared to its average volume of 763,495. Control4 Corporation has a 52 week low of $10.08 and a 52 week high of $35.99. The stock has a market capitalization of $812.28, a PE ratio of 51.14, a P/E/G ratio of 3.24 and a beta of -0.57.

Control4 (NASDAQ:CTRL) last issued its earnings results on Thursday, November 2nd. The electronics maker reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.20. Control4 had a net margin of 5.96% and a return on equity of 11.63%. The company had revenue of $64.70 million for the quarter, compared to analysts’ expectations of $63.59 million. During the same quarter last year, the company posted $0.26 earnings per share. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. equities research analysts expect that Control4 Corporation will post 0.68 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Victory Capital Management Inc. bought a new position in Control4 in the third quarter worth approximately $130,000. Legal & General Group Plc raised its position in Control4 by 11.7% in the second quarter. Legal & General Group Plc now owns 5,506 shares of the electronics maker’s stock worth $107,000 after acquiring an additional 577 shares during the period. Teachers Retirement System of The State of Kentucky bought a new position in Control4 in the third quarter worth approximately $183,000. Municipal Employees Retirement System of Michigan bought a new position in Control4 in the third quarter worth approximately $215,000. Finally, Commonwealth Equity Services Inc bought a new position in Control4 in the third quarter worth approximately $216,000. Institutional investors and hedge funds own 77.40% of the company’s stock.

Several equities research analysts recently issued reports on CTRL shares. UBS cut shares of Control4 from an “outperform” rating to a “market perform” rating in a report on Friday, November 3rd. Cowen set a $30.00 target price on shares of Control4 and gave the stock a “buy” rating in a report on Wednesday, November 1st. Maxim Group restated a “hold” rating and issued a $33.00 target price on shares of Control4 in a report on Friday, November 3rd. Zacks Investment Research upgraded shares of Control4 from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Wednesday, November 8th. Finally, BidaskClub cut shares of Control4 from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $25.50.

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Control4 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 (NASDAQ:CTRL)

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