In today’s session AVG Technologies NV (AVG) registered an unusually high (526) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious AVG increase. With 526 contracts traded and 9654 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: AVG161118C00025000 closed last at: $0.1 or 50% down. About 136,813 shares traded hands. AVG Technologies NV (NYSE:AVG) has risen 28.28% since March 8, 2016 and is uptrending. It has outperformed by 18.96% the S&P500.
Analysts await AVG Technologies NV (NYSE:AVG) to report earnings on November, 2. They expect $0.35 earnings per share, up 2.94% or $0.01 from last year’s $0.34 per share. AVG’s profit will be $17.74M for 17.89 P/E if the $0.35 EPS becomes a reality. After $0.37 actual earnings per share reported by AVG Technologies NV for the previous quarter, Wall Street now forecasts -5.41% negative EPS growth.
AVG Technologies NV (NYSE:AVG) Ratings Coverage
Out of 4 analysts covering AVG Tech (NYSE:AVG), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $33 is the highest target while $21 is the lowest. The $28 average target is 11.78% above today’s ($25.05) stock price. AVG Tech has been the topic of 7 analyst reports since July 23, 2015 according to StockzIntelligence Inc. JP Morgan initiated the shares of AVG in a report on Thursday, July 23 with “Overweight” rating. The company was downgraded on Friday, July 8 by Nomura. The rating was downgraded by JP Morgan to “Neutral” on Thursday, November 5. The company was maintained on Tuesday, November 10 by Imperial Capital. The rating was initiated by Dougherty & Company on Friday, August 28 with “Buy”. The rating was maintained by Nomura on Thursday, February 25 with “Buy”.
According to Zacks Investment Research, “AVG Technologies N.V. provides antivirus and Internet security products. The Company produces and develops software for, threat detection, threat prevention, and risk analysis. Its product portfolio includes Internet security, PC performance optimization, online backup, mobile security, identity protection, and family safety software. It also offers various security suites for core protection, including anti-virus, anti-spyware, anti-rootkit, social networking protection, and LinkScanner; chatting and downloading. AVG Technologies N.V. is headquartered in Amsterdam, the Netherlands.”
Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.61, from 1.63 in 2016Q1. The ratio is negative, as 19 funds sold all AVG Technologies NV shares owned while 46 reduced positions. 15 funds bought stakes while 51 increased positions. They now own 38.34 million shares or 3.73% less from 39.83 million shares in 2016Q1.
The Ontario – Canada-based Royal Natl Bank Of Canada has invested 0% in AVG Technologies NV (NYSE:AVG). State Board Of Administration Of Florida Retirement Systems holds 14,208 shares or 0% of its portfolio. Tudor Et Al owns 10,931 shares or 0% of their US portfolio. Blackrock Inc owns 5,343 shares or 0% of their US portfolio. Strs Ohio reported 25,100 shares or 0% of all its holdings. Parametric Port Ltd Liability Corp last reported 65,716 shares in the company. Apriem has 0.02% invested in the company for 4,000 shares. Tfs Capital Limited Liability last reported 0.2% of its portfolio in the stock. Fiera, a Quebec – Canada-based fund reported 245,700 shares. Financial Bank Of Montreal Can last reported 43,658 shares in the company. Dalton Greiner Hartman Maher And Company reported 695,972 shares or 0.82% of all its holdings. Jacobs Levy Equity Mgmt Inc has 0.01% invested in the company for 22,032 shares. State Of Tennessee Treasury Department has invested 0.01% of its portfolio in AVG Technologies NV (NYSE:AVG). Tower Capital Ltd Com (Trc) holds 0.01% of its portfolio in AVG Technologies NV (NYSE:AVG) for 3,259 shares. Numeric Invsts Lc owns 202,500 shares or 0.03% of their US portfolio.
AVG Technologies N.V. provides software and online services. The company has a market cap of $1.27 billion. The Firm operates through two divisions: Consumer and small and medium sized business . It has a 28.69 P/E ratio. The Company’s product portfolio includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Internet Security, AVG Protection FREE suite, AVG Protection PRO suite, AVG Performance suite, Gallery, AVG Cleaner for Mac, AVG Driver Updater, AVG Web TuneUp, Alarm Clock Xtreme FREE + Timer, AVG Cleaner-Xperia and HideMyPhone, among others.
AVG Company Profile
AVG Technologies N.V., incorporated on March 3, 2011, provides software and online services. The Firm operates through two divisions: Consumer and small and medium sized business (SMB). The Consumer segment reflects all direct (subscription) and indirect (platform) revenues targeted at the Consumer segment and including the Location Labs business, and Privax entity. The SMB segment reflects all direct (subscription) revenue targeted at the SMB segment and includes the revenue from the Norman Safeground AS. The Company’s product portfolio includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Internet Security, AVG Protection FREE suite, AVG Protection PRO suite, AVG Performance suite, AVG Ultimate suite, Anti-Virus Security-FREE, AVG Zen, Mobile Anti-Virus Security-PRO, AVG Cleanerâ€“Mobile Booster & Battery Saver, Gallery, Gallery Doctor, AVG Anti-Virus for Mac, TuneUp Utilities and AVG PC Tuneup, AVG Cleaner for Mac, AVG Driver Updater, AVG Web TuneUp, Alarm Clock Xtreme FREE + Timer, AVG Cleaner-Xperia and HideMyPhone, among others. The Company’s location labs mobile solutions include AT&T FamilyMap, AT&T Smart Limits, Sprint Family Locator, Sprint Mobile Controls, Sprint Drive First, T-Mobile FamilyWhere, Verizon FamilyBase, Safely Go and Aqui Estoy.
More news for AVG Technologies NV (NYSE:AVG) were recently published by: Fool.com, which released: “Why AVG Technologies NV Stock Skyrocketed Today” on July 07, 2016. Businesswire.com‘s article titled: “Avast Closes Acquisition of AVG Technologies” and published on September 30, 2016 is yet another important article.
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