What’s Propelling Control4 Corporation (NASDAQ:CTRL) After Lower Shorts Reported?

January 16, 2018 - By Migdalia James

 What’s Propelling Control4 Corporation (NASDAQ:CTRL) After Lower Shorts Reported?

Investors sentiment increased to 1.88 in Q3 2017. Its up 0.09, from 1.79 in 2017Q2. It increased, as 16 investors sold Control4 Corporation shares while 34 reduced holdings. 52 funds opened positions while 42 raised stakes. 19.12 million shares or 7.32% more from 17.81 million shares in 2017Q2 were reported.
Essex Invest Management Limited Liability owns 64,518 shares. Driehaus Capital Mngmt Limited Liability Corporation has invested 0.29% in Control4 Corporation (NASDAQ:CTRL). Hsbc Holdg Public Ltd Com reported 16,300 shares stake. Commonwealth Equity Ser holds 0% or 7,350 shares. Moreover, Blackrock Inc has 0% invested in Control4 Corporation (NASDAQ:CTRL). Moreover, Lpl Financial Limited Liability has 0% invested in Control4 Corporation (NASDAQ:CTRL) for 17,098 shares. Wellington Shields Capital Mngmt Limited Co holds 34,100 shares. Advisory Services Ntwk Limited owns 0.01% invested in Control4 Corporation (NASDAQ:CTRL) for 1,500 shares. Amer Century Companies reported 0.01% stake. Fuller Thaler Asset Mgmt has 0.12% invested in Control4 Corporation (NASDAQ:CTRL). Bnp Paribas Arbitrage Sa owns 0% invested in Control4 Corporation (NASDAQ:CTRL) for 10,341 shares. Hancock Holding invested in 0.01% or 11,187 shares. Citadel Advisors Ltd Liability Co reported 19,575 shares or 0% of all its holdings. Morgan Stanley, a New York-based fund reported 362,703 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 2,300 shares for 0% of their portfolio.

Since August 8, 2017, it had 0 insider purchases, and 6 insider sales for $317,276 activity. Dungan Jefferson also sold $43,800 worth of Control4 Corporation (NASDAQ:CTRL) on Thursday, August 17. The insider Judd Bryce sold 3,470 shares worth $78,873. $53,128 worth of Control4 Corporation (NASDAQ:CTRL) was sold by Born Robert. Another trade for 2,168 shares valued at $49,582 was made by Novakovich Mark on Thursday, August 17. Cashen Susan also sold $40,434 worth of Control4 Corporation (NASDAQ:CTRL) shares.

The stock of Control4 Corporation (NASDAQ:CTRL) registered a decrease of 13.19% in short interest. CTRL’s total short interest was 1.30 million shares in January as published by FINRA. Its down 13.19% from 1.50M shares, reported previously. With 600,300 shares average volume, it will take short sellers 2 days to cover their CTRL’s short positions. The short interest to Control4 Corporation’s float is 5.95%.

The stock decreased 0.33% or $0.1 during the last trading session, reaching $30.4. About 214,480 shares traded. Control4 Corporation (NASDAQ:CTRL) has risen 139.51% since January 16, 2017 and is uptrending. It has outperformed by 122.81% the S&P500.

Control4 Corporation provides smart home and business solutions for the connected home or business in the United States, Canada, and internationally. The company has market cap of $768.10 million. It offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices in the home automation market. It has a 56.51 P/E ratio. The companyÂ’s Control4 product line comprises the Control4 home operating system and the associated application software, and software development kits .

Control4 Corporation (NASDAQ:CTRL) Ratings Coverage

Among 7 analysts covering Control4 (NASDAQ:CTRL), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Control4 has $33.0 highest and $7.50 lowest target. $23.80’s average target is -21.71% below currents $30.4 stock price. Control4 had 18 analyst reports since July 31, 2015 according to SRatingsIntel. On Thursday, December 21 the stock rating was maintained by Maxim Group with “Hold”. The stock of Control4 Corporation (NASDAQ:CTRL) earned “Hold” rating by Maxim Group on Friday, August 4. The firm earned “In-Line” rating on Monday, November 7 by Imperial Capital. As per Tuesday, October 31, the company rating was maintained by Cowen & Co. As per Friday, November 3, the company rating was maintained by Needham. Canaccord Genuity maintained it with “Hold” rating and $10 target in Friday, July 31 report. Cowen & Co maintained it with “Hold” rating and $2200 target in Friday, August 4 report. The firm has “In-Line” rating given on Tuesday, February 14 by Imperial Capital. The firm has “Buy” rating given on Wednesday, May 31 by Needham. Imperial Capital maintained it with “In-Line” rating and $11 target in Friday, August 12 report.

Another recent and important Control4 Corporation (NASDAQ:CTRL) news was published by Streetinsider.com which published an article titled: “Form 4 CONTROL4 CORP For: Jan 04 Filed by: PLAEHN MARTIN” on January 08, 2018.

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