Control4 Corporation (NASDAQ:CTRL) SVP Susan Cashen sold 1,768 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $22.87, for a total value of $40,434.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Control4 Corporation (NASDAQ:CTRL) opened at 24.44 on Tuesday. Control4 Corporation has a 52 week low of $9.97 and a 52 week high of $24.94. The stock has a 50 day moving average price of $22.65 and a 200-day moving average price of $18.21. The stock has a market cap of $607.46 million, a P/E ratio of 59.61 and a beta of -0.60.

Control4 Corporation (NASDAQ:CTRL) last issued its quarterly earnings results on Thursday, August 3rd. The electronics maker reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.09. The firm had revenue of $61.40 million for the quarter, compared to analysts’ expectations of $60.70 million. Control4 Corporation had a return on equity of 10.77% and a net margin of 4.70%. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 EPS. Equities analysts predict that Control4 Corporation will post $1.04 EPS for the current fiscal year.

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Several research firms have weighed in on CTRL. BidaskClub downgraded Control4 Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Needham & Company LLC reiterated a “buy” rating and set a $22.00 price target on shares of Control4 Corporation in a research note on Wednesday, May 31st. Imperial Capital boosted their price target on Control4 Corporation from $16.00 to $19.00 and gave the company an “in-line” rating in a research note on Monday, May 8th. Zacks Investment Research upgraded Control4 Corporation from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, August 9th. Finally, Maxim Group began coverage on Control4 Corporation in a research note on Thursday, May 11th. They set a “hold” rating and a $19.00 price target on the stock. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Control4 Corporation presently has an average rating of “Buy” and a consensus price target of $20.63.

Institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its position in shares of Control4 Corporation by 638.2% in the second quarter. Bank of New York Mellon Corp now owns 729,785 shares of the electronics maker’s stock valued at $14,311,000 after buying an additional 630,921 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Control4 Corporation by 100.4% in the second quarter. Dimensional Fund Advisors LP now owns 802,857 shares of the electronics maker’s stock valued at $15,744,000 after buying an additional 402,208 shares during the period. Renaissance Technologies LLC boosted its position in shares of Control4 Corporation by 135.8% in the first quarter. Renaissance Technologies LLC now owns 614,700 shares of the electronics maker’s stock valued at $9,706,000 after buying an additional 354,000 shares during the period. Driehaus Capital Management LLC bought a new position in shares of Control4 Corporation during the first quarter valued at about $4,147,000. Finally, Acadian Asset Management LLC bought a new position in shares of Control4 Corporation during the second quarter valued at about $4,519,000. Hedge funds and other institutional investors own 77.08% of the company’s stock.

About Control4 Corporation

Control4 Corporation (Control4) is a provider of smart home and business solutions. The Company’s smart home and small business solutions provide consumers with the ability to integrate audio, video, lighting, temperature, security, communications, network management and other functionalities into a unified automation solution, customized to match their lifestyles and business needs.

Insider Buying and Selling by Quarter for Control4 Corporation (NASDAQ:CTRL)

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