Maurizio Carli Sells 5,446 Shares of VMware, Inc. (VMW) Stock
VMware, Inc. (NYSE:VMW) EVP Maurizio Carli sold 5,446 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $174.25, for a total value of $948,965.50. Following the transaction, the executive vice president now directly owns 69,908 shares of the company’s stock, valued at $12,181,469. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Maurizio Carli also recently made the following trade(s):
- On Friday, January 11th, Maurizio Carli sold 36,848 shares of VMware stock. The stock was sold at an average price of $146.79, for a total value of $5,408,917.92.
Shares of NYSE:VMW opened at $179.26 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.04 and a quick ratio of 3.04. The firm has a market capitalization of $73.41 billion, a price-to-earnings ratio of 36.36, a P/E/G ratio of 2.76 and a beta of 0.76. VMware, Inc. has a 52-week low of $117.61 and a 52-week high of $183.40.
VMW has been the subject of several research reports. Barclays initiated coverage on VMware in a research report on Wednesday, January 9th. They set an “overweight” rating and a $168.00 price target for the company. Morgan Stanley cut VMware from an “overweight” rating to an “equal” rating and dropped their price target for the stock from $175.00 to $152.00 in a research report on Tuesday, January 15th. Nomura set a $130.00 price target on VMware and gave the stock a “sell” rating in a research report on Friday, March 1st. KeyCorp boosted their price target on VMware from $172.00 to $192.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Finally, JPMorgan Chase & Co. boosted their price target on VMware from $165.00 to $194.00 and gave the stock an “overweight” rating in a research report on Friday, November 30th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company. VMware presently has a consensus rating of “Hold” and an average target price of $179.61.
A number of large investors have recently modified their holdings of VMW. Captrust Financial Advisors grew its holdings in VMware by 217.6% in the 4th quarter. Captrust Financial Advisors now owns 216 shares of the virtualization software provider’s stock valued at $30,000 after buying an additional 148 shares in the last quarter. Parkside Financial Bank & Trust purchased a new position in shares of VMware during the 4th quarter worth $35,000. Rational Advisors LLC grew its holdings in shares of VMware by 10,166.7% during the 4th quarter. Rational Advisors LLC now owns 308 shares of the virtualization software provider’s stock worth $42,000 after purchasing an additional 305 shares during the period. Taylor Frigon Capital Management LLC purchased a new position in shares of VMware during the 4th quarter worth $45,000. Finally, NuWave Investment Management LLC grew its holdings in shares of VMware by 11,400.0% during the 4th quarter. NuWave Investment Management LLC now owns 345 shares of the virtualization software provider’s stock worth $47,000 after purchasing an additional 342 shares during the period. Institutional investors own 17.82% of the company’s stock.
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VMware, Inc provides compute, cloud, mobility, networking, and security infrastructure software to businesses in the United States and internationally. The company offers compute products, including VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; storage and availability products that provide data storage and protection options; network and security products; and cloud management and automation products to manage and automate overarching IT processes involved in provisioning IT services and resources to users from initial infrastructure deployment to retirement.
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