Filing Worth Watching: Learn Why Avast Holding B.V. Just Purchased Avg Technologies N.V. Stake?

Filing Worth Watching: Learn Why Avast Holding B.V. Just Purchased Avg Technologies N.V. Stake?

The New Avast Holding B.V. Holding in Avg Technologies N.V.

Avast Holding B.V. filed with the SEC SC 13D form for Avg Technologies N.V.. The form can be accessed here: 000119312516735683. As reported in Avast Holding B.V.’s form, the filler as of late owns 92.7% or 47,335,808 shares of the Information Technology–company.

Avg Technologies N.V. stake is a new one for the and it was filed because of activity on September30, 2016. We feel this shows Avast Holding B.V.’s positive view for the stock.

Reasons Why Avast Holding B.V. Bought – Avg Technologies N.V. Stock

Purpose of Transaction

The information set forth in Item6 of the Schedule TOentitled “Purposes of the Transaction and Plans or Proposals” is incorporated herein by reference.

Avg Technologies N.V. Institutional Sentiment

Latest Security and Exchange filings show 144 investors own Avg Technologies N.V.. The institutional ownership in Q3 2015 is high, at 95.04% of the outstanding shares. This is increased by 4314739 the total institutional shares. 48117890 were the shares owned by these institutional investors. In total 18 funds opened new Avg Technologies N.V. stakes, 50 increased stakes. There were 23 that closed positions and 58 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Ta Associates L.P., Trigran Investments Inc…

Partners Group Holding Ag is an institutional investor bullish on Avg Technologies N.V., owning 254121 shares as of Q3 2015 for 1.57% of its portfolio. Herald Investment Management Ltd owns 300000 shares or 2.89% of its portfolio. MA Ta Associates Lp have 22.07% of their stock portfolio for 7077692 shares. Further, Trigran Investments Inc reported stake worth 7.09% of its US stock portfolio. The TX Matterhorn Capital Management Llc owns 149067 shares. Avg Technologies N.V. is 1.56% of the manager’s US portfolio.

Business Profile

AVG Technologies N.V. provides software and online services. The Company operates through two segments: Consumer and small and medium sized business (SMB). Its 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. Its location labs mobile solutions include AT&T FamilyMap, AT&T Smart Limits, T-Mobile FamilyWhere, Verizon FamilyBase, Safely Go and Aqui Estoy. Its AVG CloudCare Products include AVG Remote IT, AVG Anti-Virus, AVG Content Filtering, AVG Cloud Backup and AVG Email Security. Its Norman solutions include Norman Antivirus, Norman Security Suite, Norman Security Suite PRO, Norman Endpoint Protection, Norman Email Protection, Norman Security Portal, Norman SecureMail and Norman SecureSurf.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

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.

Moreover, Manufacturers Life The has 0% invested in AVG Technologies NV (NYSE:AVG) for 26,874 shares. Hbk Invests Limited Partnership accumulated 49,716 shares or 0.01% of the stock. Heartland Advisors reported 550,000 shares or 0.59% of all its holdings. Bessemer Gru holds 12,490 shares or 0% of its portfolio. United Serv Automobile Association has invested 0.03% of its portfolio in AVG Technologies NV (NYSE:AVG). Fdx Advsr reported 34,349 shares or 0.03% of all its holdings. Nationwide Fund Advsrs accumulated 27,677 shares or 0% of the stock. Aqr Mgmt Limited, a Connecticut-based fund reported 164,495 shares. Stoneridge Invest Prtnrs Limited Liability Corp, a Pennsylvania-based fund reported 70,418 shares. Geode Capital Management Ltd Liability Co last reported 0% of its portfolio in the stock. Vanguard Group owns 122,348 shares or 0% of their US portfolio. Grantham Mayo Van Otterloo And Ltd last reported 0.01% of its portfolio in the stock. Spot Trading Limited Liability Corp has invested 0% of its portfolio in AVG Technologies NV (NYSE:AVG). Principal Fin Group Inc Inc, a Iowa-based fund reported 10,728 shares. Vantage Inv Advsrs Ltd Liability holds 0% of its portfolio in AVG Technologies NV (NYSE:AVG) for 500 shares.

Analysts await AVG Technologies NV (NYSE:AVG) to report earnings on November, 2. They expect $0.35 EPS, up 2.94% or $0.01 from last year’s $0.34 per share. AVG’s profit will be $17.74 million for 17.89 P/E if the $0.35 EPS becomes a reality. After $0.37 actual EPS reported by AVG Technologies NV for the previous quarter, Wall Street now forecasts -5.41% negative EPS growth.

The stock increased 0.04% or $0.01 on October 11, hitting $25.05. About 534,714 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.

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 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. Nomura maintained the stock with “Buy” rating in Thursday, February 25 report. The company was downgraded on Thursday, November 5 by JP Morgan. As per Thursday, July 23, the company rating was initiated by JP Morgan. The stock of AVG Technologies NV (NYSE:AVG) has “Neutral” rating given on Friday, July 8 by Nomura. As per Tuesday, November 10, the company rating was maintained by Imperial Capital. The firm has “Buy” rating by Dougherty & Company given on Friday, August 28.

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.

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.”

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 Cleaner–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.

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