Livforsakringsbolaget Skandia Omsesidigt lessened its stake in VMware, Inc. (NYSE:VMW) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,809 shares of the virtualization software provider’s stock after selling 2,000 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in VMware were worth $3,610,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMW. Prudential Financial Inc. lifted its stake in shares of VMware by 7.6% in the second quarter. Prudential Financial Inc. now owns 47,648 shares of the virtualization software provider’s stock valued at $4,166,000 after buying an additional 3,376 shares during the period. Franklin Resources Inc. lifted its stake in shares of VMware by 16.6% in the second quarter. Franklin Resources Inc. now owns 177,670 shares of the virtualization software provider’s stock valued at $15,533,000 after buying an additional 25,262 shares during the period. Aberdeen Asset Management PLC UK lifted its stake in shares of VMware by 125.8% in the second quarter. Aberdeen Asset Management PLC UK now owns 12,335 shares of the virtualization software provider’s stock valued at $1,078,000 after buying an additional 6,872 shares during the period. Amalgamated Bank lifted its stake in shares of VMware by 59.5% in the second quarter. Amalgamated Bank now owns 7,264 shares of the virtualization software provider’s stock valued at $635,000 after buying an additional 2,711 shares during the period. Finally, BlueMountain Capital Management LLC bought a new stake in shares of VMware in the second quarter valued at about $191,000. Institutional investors and hedge funds own 22.53% of the company’s stock.

In other news, EVP Maurizio Carli sold 2,581 shares of the stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $129.88, for a total transaction of $335,220.28. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Egon Durban sold 435,682 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $109.31, for a total transaction of $47,624,399.42. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 484,155 shares of company stock valued at $53,551,032. Company insiders own 34.40% of the company’s stock.

Shares of VMware, Inc. (VMW) opened at $135.33 on Thursday. The firm has a market cap of $53,270.66, a P/E ratio of 38.89, a PEG ratio of 3.04 and a beta of 0.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.86 and a current ratio of 2.86. VMware, Inc. has a fifty-two week low of $81.26 and a fifty-two week high of $135.99.

VMware (NYSE:VMW) last posted its quarterly earnings data on Thursday, November 30th. The virtualization software provider reported $1.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.07. The company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.97 billion. VMware had a net margin of 18.97% and a return on equity of 18.57%. The company’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $1.14 earnings per share. equities research analysts forecast that VMware, Inc. will post 3.77 EPS for the current year.

VMW has been the subject of several research reports. Zacks Investment Research upgraded shares of VMware from a “hold” rating to a “buy” rating and set a $134.00 target price for the company in a research note on Wednesday, October 25th. Barclays increased their price target on shares of VMware from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, November 6th. Mizuho reissued a “hold” rating and issued a $110.00 price target on shares of VMware in a research report on Friday, November 17th. Jefferies Group reissued a “buy” rating and issued a $140.00 price target on shares of VMware in a research report on Friday, December 1st. Finally, Deutsche Bank reissued a “buy” rating and issued a $145.00 price target on shares of VMware in a research report on Friday, December 1st. Ten investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. VMware presently has an average rating of “Buy” and an average target price of $126.20.

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About VMware

VMware, Inc is an information technology (IT) company. The Company is engaged in development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. The Company offers various products, which allow organizations to manage IT resources across private clouds and multi-cloud, multi-device environments by leveraging synergies across three product categories: Software-Defined Data Center (SDDC), Hybrid Cloud Computing and End-User Computing (EUC).

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Institutional Ownership by Quarter for VMware (NYSE:VMW)

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