13GD Alert: Infoblox Inc Has Another Bullish Trade, Gardner Lewis Asset Management L P Bought Stake!

13GD Alert: Infoblox Inc Has Another Bullish Trade, Gardner Lewis Asset Management L P Bought Stake!

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

Gardner Lewis Asset Management L P filed with the SEC SC 13D/A form for Infoblox Inc. The form can be accessed here: 000094156016000065. As reported in Gardner Lewis Asset Management L P’s form, the filler as of late owns 6.5% or 3,621,116 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 November 3, 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.

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 Q2 2016. Its down 0.23, from 0.96 in 2016Q1. The ratio turned negative, 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.

California State Teachers Retirement Sys owns 118,172 shares or 0% of their US portfolio. Moreover, Menta Cap Limited Liability Corporation has 0.04% invested in Infoblox Inc (NYSE:BLOX) for 14,006 shares. Moreover, Guggenheim Cap Limited Liability Co has 0% invested in Infoblox Inc (NYSE:BLOX) for 53,629 shares. Moreover, Synovus Fincl has 0% invested in Infoblox Inc (NYSE:BLOX) for 3,100 shares. Paradigm Capital Ny accumulated 0.12% or 52,500 shares. Moreover, Capital Guardian Trust has 0% invested in Infoblox Inc (NYSE:BLOX) for 842 shares. Millennium Mngmt Ltd Liability has 48,966 shares for 0% of their US portfolio. Manufacturers Life Ins The owns 38,030 shares or 0% of their US portfolio. Sei owns 3,042 shares or 0% of their US portfolio. Financial Architects owns 200 shares or 0% of their US portfolio. Citigroup last reported 0% of its portfolio in the stock. Deutsche National Bank Ag holds 0% or 240,976 shares in its portfolio. Granahan Inv Mngmt Ma has 1.21M shares for 0.83% of their US portfolio. Matarin Mgmt Ltd Liability reported 187,389 shares or 0% of all its holdings. Moreover, Barclays Plc has 0% invested in Infoblox Inc (NYSE:BLOX) for 43,516 shares.

Insider Transactions: Since June 16, 2016, the stock had 0 insider buys, and 6 sales for $1.37 million net activity. $44,000 worth of Infoblox Inc (NYSE:BLOX) was sold by Gerson Fred. 11,906 shares with value of $220,856 were sold by ANDERSEN JESPER on Thursday, June 16. $125,492 worth of Infoblox Inc (NYSE:BLOX) was sold by Fulton Scott.

It is down 57.25% since April 5, 2016 and is uptrending. It has outperformed by 55.30% 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. Stifel Nicolaus initiated the shares of BLOX in a report on Tuesday, September 22 with “Buy” rating. Needham maintained the stock with “Buy” rating in Friday, September 4 report. Deutsche Bank downgraded Infoblox Inc (NYSE:BLOX) rating on Tuesday, September 22. Deutsche Bank has “Hold” rating and $20 price target. The stock has “Equal-Weight” rating given by Stephens on Thursday, October 6. The stock has “Outperform” rating given by William Blair on Tuesday, September 1. The stock of Infoblox Inc (NYSE:BLOX) has “Neutral” rating given on Friday, September 4 by Cowen & Co. DA Davidson downgraded the shares of BLOX in a report on Monday, May 16 to “Underperform” rating. The rating was downgraded by Guggenheim on Tuesday, September 20 to “Neutral”. The rating was maintained by Stephens with “Overweight” on Tuesday, December 1. The stock has “Neutral” rating given by DA Davidson on Monday, October 12.

More news for Infoblox Inc (NYSE:BLOX) were recently published by: Streetinsider.com, which released: “Vista Equity, Infoblox (BLOX) Announce Successful Completion of Tender Offer” on November 07, 2016. Nasdaq.com‘s article titled: “Infoblox Appoints Bill McCarthy as EVP of Worldwide Field Operations” and published on October 10, 2016 is yet another important article.

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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