Filing to Follow: Infoblox Inc: Gardner Lewis Asset Management L P Opened Big New Position

Filing to Follow: Infoblox Inc: Gardner Lewis Asset Management L P Opened Big New Position

The New Gardner Lewis Asset Management L P Holding in Infoblox Inc

Gardner Lewis Asset Management L P filed with the SEC SC 13D form for Infoblox Inc. The form can be accessed here: 000094156016000063. As reported in Gardner Lewis Asset Management L P’s form, the filler as of late owns 5.5% or 3,078,462 shares of the Information Technology–company.

Infoblox Inc stake is a new one for the for this institutional investor and it was filed because of activity on October 20, 2016. We feel this shows Gardner Lewis Asset Management L P’s positive view for the stock. For a institutional investor managing $330.77 million in assets and having 14+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

Reasons Why Gardner Lewis Asset Management L P Bought – Infoblox Inc Stock

ITEM 4. PURPOSE OF TRANSACTION

GLAM transactions are for private fundsand client accounts advised by GLAM in the normal course of business. GLAM reserves the right, from time to time, to acquire additionalshares of Common Stock for, and/or dispose of shares of Common Stock held in, the private funds and client accounts advised byGLAM. None of the persons listed in Item 2 has any other plans or proposals related to the securities of the Issuer.

Infoblox Inc Institutional Sentiment

Latest Security and Exchange filings show 137 investors own Infoblox Inc. The institutional ownership in Q3 2015 is high, at 106.87% of the outstanding shares. This is increased by 12502413 the total institutional shares. 59417891 were the shares owned by these institutional investors. In total 17 funds opened new Infoblox Inc stakes, 66 increased stakes. There were 48 that closed positions and 45 reduced them.

Broadview Advisors Llc is an institutional investor bullish on Infoblox Inc, owning 706664 shares as of Q3 2015 for 1.57% of its portfolio. Falcon Point Capital Llc owns 327299 shares or 1.87% of its portfolio. NY Cadian Capital Management Lp have 3.07% of their stock portfolio for 5328511 shares. Further, Dorsal Capital Management Llc reported stake worth 3.23% of its US stock portfolio. The NY Paradigm Capital Management Inc owns 17000 shares. Infoblox Inc is 0.03% of the manager’s US portfolio.

Business Profile

Infoblox Inc. provides a family of enterprise and service provider-class solutions to automate management of the critical network infrastructure services needed for connections between applications, devices and users. The Company also provides network control, network automation and domain name system (DNS), security through appliance-based solutions that enable and secure networks and data centers. Its solutions combine Internet protocol (IP) address management, automation of key network control, change and configuration management processes and DNS-based infrastructure security in purpose-built physical and virtual appliances. It offers four product families: Core Network Services, Security, Cloud Network Automation, and Network Change and Configuration Management. It automates network functions, such as IP address management, device configuration, policy implementation, security and monitoring. It operates in Americas; Europe, the Middle East and Africa, and Asia Pacific.

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.

Gardner Lewis Asset Management L P website.

Insitutional Activity: The institutional sentiment decreased to 0.73 in 2016 Q2. Its down 0.23, from 0.96 in 2016Q1. The ratio worsened, as 31 funds sold all Infoblox Inc shares owned while 52 reduced positions. 31 funds bought stakes while 30 increased positions. They now own 47.90 million shares or 3.64% less from 49.71 million shares in 2016Q1.

National Bank Of Montreal Can reported 13,026 shares or 0% of all its holdings. California State Teachers Retirement holds 118,172 shares or 0% of its portfolio. Rhumbline Advisers accumulated 0% or 57,283 shares. The North Carolina-based Bank & Trust Of America De has invested 0% in Infoblox Inc (NYSE:BLOX). Hawk Ridge Cap Management L P, a California-based fund reported 137,599 shares. The California-based Tradewinds Global Investors Limited Liability has invested 0.44% in Infoblox Inc (NYSE:BLOX). Blackrock Advsrs Ltd Liability Com last reported 0% of its portfolio in the stock. Manufacturers Life The has 38,030 shares for 0% of their US portfolio. State Street Corp holds 0% of its portfolio in Infoblox Inc (NYSE:BLOX) for 973,754 shares. Fmr Limited Liability, a Massachusetts-based fund reported 133,100 shares. Moreover, Ubs Oconnor Limited Liability Company has 0% invested in Infoblox Inc (NYSE:BLOX) for 47,400 shares. Renaissance Technologies Ltd Company holds 1.23 million shares or 0.04% of its portfolio. Indaba Cap Mngmt Ltd Partnership has 3.5% invested in the company for 521,549 shares. Walleye Trading Ltd Co, a Minnesota-based fund reported 39,202 shares. Oak Associates Ltd Oh holds 39,750 shares or 0.09% of its portfolio.

Insider Transactions: Since June 16, 2016, the stock had 0 insider buys, and 6 selling transactions for $1.37 million net activity. Another trade for 16,964 shares valued at $446,832 was sold by Fulton Scott. ANDERSEN JESPER also sold $220,856 worth of Infoblox Inc (NYSE:BLOX) shares. Gerson Fred had sold 2,000 shares worth $44,000.

It is down 54.41% since March 29, 2016 and is uptrending. It has outperformed by 50.93% the S&P500.

Infoblox Inc. provides a family of enterprise and service provider-class solutions to automate management of the critical network infrastructure services needed for connections between applications, devices and users. The company has a market cap of $1.47 billion. The Firm also provides network control, network automation and domain name system , security through appliance solutions that enable and secure networks and data centers. It currently has negative earnings. The Company’s solutions combine Internet protocol (IP) address management, automation of key network control, change and configuration management processes and DNS infrastructure security in purpose-built physical and virtual appliances.

Infoblox Inc (NYSE:BLOX) Ratings Coverage

Out of 11 analysts covering Infoblox (NYSE:BLOX), 4 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 36% are positive. $37 is the highest target while $13 is the lowest. The $22.50 average target is -14.93% below today’s ($26.45) stock price. Infoblox has been the topic of 20 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, September 1 by William Blair. DA Davidson downgraded the shares of BLOX in a report on Monday, May 16 to “Underperform” rating. The firm has “Neutral” rating by Guggenheim given on Tuesday, September 20. The stock of Infoblox Inc (NYSE:BLOX) earned “Hold” rating by Deutsche Bank on Tuesday, September 20. Deutsche Bank downgraded Infoblox Inc (NYSE:BLOX) on Tuesday, November 24 to “Sell” rating. Deutsche Bank downgraded Infoblox Inc (NYSE:BLOX) on Tuesday, September 22 to “Hold” rating. Sterne Agee CRT upgraded the shares of BLOX in a report on Friday, October 16 to “Buy” rating. Stephens maintained the shares of BLOX in a report on Tuesday, December 1 with “Overweight” rating. The rating was maintained by UBS with “Neutral” on Friday, September 4. The firm has “Outperform” rating given on Thursday, May 26 by Cowen & Co.

Another recent and important Infoblox Inc (NYSE:BLOX) news was published by Nasdaq.com which published an article titled: “Infoblox Appoints Bill McCarthy as EVP of Worldwide Field Operations” on October 10, 2016.

According to Zacks Investment Research, “Infoblox Inc. operates as an automated network controller and provides an appliance-based solution that enables dynamic networks and next-generation data centers. It offers two families of products: Trinzic DDI and NetMRI. The Trinzic DDI product family enables real-time DNS, DHCP and IPAM and automates key network control processes. The NetMRI product family automates network change and configuration management processes. The Company’s network functions include Internet protocol address management, device configuration, compliance, network discovery, policy implementation, security and monitoring. Infoblox Inc. is headquartered in Santa Clara, California.”

BLOX Company Profile

Infoblox Inc. (Infoblox), incorporated on May 23, 2003, provides a family of enterprise and service provider-class solutions to automate management of the critical network infrastructure services needed for connections between applications, devices and users. The Firm also provides network control, network automation and domain name system (DNS), security through appliance solutions that enable and secure networks and data centers. The Company’s solutions combine Internet protocol (IP) address management, automation of key network control, change and configuration management processes and DNS infrastructure security in purpose-built physical and virtual appliances. It offers four product families: Core Network Services, Security, Cloud Network Automation, and Network Change and Configuration Management. It automates network functions, such as IP address management, device configuration, compliance, network discovery, policy implementation, security and monitoring. It operates in Americas; Europe, the Middle East and Africa, and Asia Pacific.

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