Ownership Change: Why Avast Holding B.V. Reported Big Avg Technologies N.V. Position?

Ownership Change: Why Avast Holding B.V. Reported Big Avg Technologies N.V. Position?

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

Avast Holding B.V. filed with the SEC SC 13D/A form for Avg Technologies N.V.. The form can be accessed here: 000119312516739184. As reported in Avast Holding B.V.’s form, the filler as of late owns 96.5% or 49,241,015 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 October 13, 2016. We feel this shows Avast Holding B.V.’s positive view for the stock.

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 Q2 2016. Its down 0.61, from 1.63 in 2016Q1. The ratio worsened, 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.

Wellington Management Grp Llp last reported 0% of its portfolio in the stock. Fiera Cap Corp has invested 0.03% of its portfolio in AVG Technologies NV (NYSE:AVG). Aqr Capital Management Limited Company reported 164,495 shares or 0.01% of all its holdings. Moreover, Cambiar Investors Ltd Com has 0.43% invested in AVG Technologies NV (NYSE:AVG) for 1.60M shares. Cambridge Trust last reported 10,000 shares in the company. Hbk Invs Limited Partnership reported 49,716 shares or 0.01% of all its holdings. Spark Investment Limited Co, a New York-based fund reported 286,900 shares. Millennium Mgmt Ltd holds 0% or 114,442 shares in its portfolio. Ta Assoc Lp accumulated 11.45% or 6.63 million shares. Retail Bank Of America Corp De last reported 0% of its portfolio in the stock. Zebra Capital Lc last reported 0.11% of its portfolio in the stock. Apriem Advsr reported 4,000 shares or 0.02% of all its holdings. Moreover, Wells Fargo Co Mn has 0% invested in AVG Technologies NV (NYSE:AVG) for 148,023 shares. Oxford Asset Management reported 494,481 shares or 0.39% of all its holdings. Springbok Mgmt Limited has 0.03% invested in the company for 12,100 shares.

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 $17.78 million for 17.86 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.

About 72,456 shares traded hands. AVG Technologies NV (NYSE:AVG) has risen 25.76% since March 14, 2016 and is uptrending. It has outperformed by 20.14% 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 28.63 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 12.00% above today’s ($25) stock price. AVG Tech has been the topic of 7 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Nomura downgraded the shares of AVG in a report on Friday, July 8 to “Neutral” rating. The rating was downgraded by JP Morgan on Thursday, November 5 to “Neutral”. Nomura maintained the shares of AVG in a report on Thursday, February 25 with “Buy” rating. As per Thursday, July 23, the company rating was initiated by JP Morgan. On Tuesday, November 10 the stock rating was maintained by Imperial Capital with “In-Line”. The stock of AVG Technologies NV (NYSE:AVG) earned “Buy” rating by Dougherty & Company on Friday, August 28.

More recent AVG Technologies NV (NYSE:AVG) news were published by: Fool.com which released: “Why AVG Technologies NV Stock Skyrocketed Today” on July 07, 2016. Also Businesswire.com published the news titled: “Avast Closes Acquisition of AVG Technologies” on September 30, 2016. Prnewswire.com‘s news article titled: “AVG Announces Extraordinary General Meeting Results” with publication date: August 23, 2016 was also an interesting one.

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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