Vmware, Inc. (NYSE:VMW) COO Rangarajan (Raghu) Raghuram sold 23,381 shares of the stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $120.40, for a total value of $2,815,072.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Vmware, Inc. (NYSE VMW) traded down $0.62 during midday trading on Thursday, reaching $121.25. The company’s stock had a trading volume of 1,683,670 shares, compared to its average volume of 1,626,453. Vmware, Inc. has a 12-month low of $77.94 and a 12-month high of $127.60. The company has a current ratio of 2.86, a quick ratio of 1.98 and a debt-to-equity ratio of 0.51. The firm has a market cap of $48,474.43, a price-to-earnings ratio of 32.53, a PEG ratio of 2.76 and a beta of 0.67.

Vmware (NYSE:VMW) last issued its quarterly earnings data on Thursday, November 30th. The virtualization software provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. Vmware had a return on equity of 18.57% and a net margin of 18.97%. The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter last year, the firm earned $1.14 EPS. Vmware’s quarterly revenue was up 11.1% on a year-over-year basis. equities analysts anticipate that Vmware, Inc. will post 3.77 EPS for the current year.

A number of equities analysts have recently commented on the company. Stifel Nicolaus restated a “buy” rating and issued a $152.00 price objective (up from $150.00) on shares of Vmware in a report on Monday, November 27th. Bank of America raised their price objective on Vmware from $125.00 to $148.00 and gave the stock a “buy” rating in a report on Monday, November 27th. CIBC raised their price objective on Vmware from $120.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 1st. BMO Capital Markets restated a “market perform” rating and issued a $136.00 price objective (up from $114.00) on shares of Vmware in a report on Monday, November 27th. Finally, Gabelli downgraded Vmware from a “buy” rating to a “hold” rating in a report on Friday, December 1st. They noted that the move was a valuation call. Fifteen research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. Vmware has a consensus rating of “Buy” and an average price target of $124.50.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Alps Advisors Inc. grew its stake in Vmware by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 5,299 shares of the virtualization software provider’s stock valued at $463,000 after purchasing an additional 14 shares in the last quarter. Federated Investors Inc. PA grew its position in shares of Vmware by 0.4% in the 2nd quarter. Federated Investors Inc. PA now owns 15,323 shares of the virtualization software provider’s stock worth $1,339,000 after acquiring an additional 66 shares in the last quarter. Laurion Capital Management LP grew its position in shares of Vmware by 2.8% in the 2nd quarter. Laurion Capital Management LP now owns 3,700 shares of the virtualization software provider’s stock worth $323,000 after acquiring an additional 100 shares in the last quarter. CFO4Life Group LLC grew its position in shares of Vmware by 2.2% in the 2nd quarter. CFO4Life Group LLC now owns 5,644 shares of the virtualization software provider’s stock worth $493,000 after acquiring an additional 121 shares in the last quarter. Finally, Strategic Global Advisors LLC grew its position in shares of Vmware by 2.8% in the 2nd quarter. Strategic Global Advisors LLC now owns 7,370 shares of the virtualization software provider’s stock worth $644,000 after acquiring an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 22.21% of the company’s stock.

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Vmware Company Profile

VMware, Inc is an information technology (IT) company. The Company is engaged in development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. The Company offers various products, which allow organizations to manage IT resources across private clouds and multi-cloud, multi-device environments by leveraging synergies across three product categories: Software-Defined Data Center (SDDC), Hybrid Cloud Computing and End-User Computing (EUC).

Insider Buying and Selling by Quarter for Vmware (NYSE:VMW)

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