The stock increased 1.30% or $0.6 on April 7, reaching $46.85. About shares traded. Seagate Technology PLC (NYSE:STX) has risen 38.98% since September 1, 2016 and is uptrending. It has outperformed by 30.47% the S&P500.
Gigamon Inc. offers a solution that delivers visibility and control of data-in-motion traversing enterprise, federal and service well-known provider networks. The company has market cap of $1.28 billion. The Company’s Visibility Platform consists of a distributed system of nodes . It has a 26.31 P/E ratio. The Visibility Platform includes physical appliances and virtual nodes that can be deployed in data centers, central offices, virtualized/private cloud/public cloud environments, and small form-factor remote site appliances, which in combination enable pervasive visibility of network infrastructures.
Analysts await Gigamon Inc (NYSE:GIMO) to report earnings on April, 27. They expect $-0.07 EPS, down 187.50% or $0.15 from last year’s $0.08 per share. After $0.11 actual EPS reported by Gigamon Inc for the previous quarter, Wall Street now forecasts -163.64% negative EPS growth.
Ratings analysis reveals 57% of Gigamon’s analysts are positive. Out of 7 Wall Street analysts rating Gigamon, 4 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $38 while the high is $60. The stock’s average target of $49 is 41.21% above today’s ($34.7) share price. GIMO was included in 15 notes of analysts from March 30, 2016. The firm earned “Mkt Outperform” rating on Friday, March 17 by JMP Securities. Needham maintained Gigamon Inc (NYSE:GIMO) rating on Friday, February 3. Needham has “Buy” rating and $38 target. The company was maintained on Monday, October 24 by Needham. The stock has “Buy” rating by Needham on Wednesday, January 18. The stock of Gigamon Inc (NYSE:GIMO) earned “Hold” rating by Stifel Nicolaus on Wednesday, January 18. The stock has “Mkt Perform” rating by Raymond James on Wednesday, October 5. The firm has “Market Perform” rating given on Thursday, October 6 by JMP Securities. On Tuesday, August 30 the stock rating was initiated by Stifel Nicolaus with “Hold”. The company was maintained on Friday, July 29 by Needham. The rating was initiated by Stifel Nicolaus on Wednesday, March 30 with “Hold”.
Since January 1, 0001, it had 0 buys, and 11 insider sales for $17.45 million activity.
The stock increased 0.14% or $0.05 on April 7, reaching $34.7. About shares traded. Gigamon Inc (NYSE:GIMO) has declined 20.34% since September 1, 2016 and is downtrending. It has underperformed by 28.85% the S&P500.
Whale Rock Capital Management Llc holds 4.91% of its portfolio in Gigamon Inc for 1.33 million shares. Atika Capital Management Llc owns 122,650 shares or 3.33% of their US portfolio. Moreover, Oberweis Asset Management Inc has 3.16% invested in the company for 232,260 shares. The Minnesota-based Kopp Investment Advisors Llc has invested 2.15% in the stock. Lyon Street Capital Llc, a California-based fund reported 89,089 shares.
Investors sentiment decreased to 1.06 in 2016 Q4. Its down 0.07, from 1.13 in 2016Q3. It turned negative, as 46 investors sold Seagate Technology PLC shares while 155 reduced holdings. 85 funds opened positions while 129 raised stakes. 254.79 million shares or 1.53% less from 258.75 million shares in 2016Q3 were reported. Shelton Cap invested 0.07% of its portfolio in Seagate Technology PLC (NASDAQ:STX). Gateway Advisory Limited Company holds 0.57% or 43,150 shares. Ameriprise Fincl Inc has 2.42M shares. Rafferty Asset Management Limited Liability accumulated 117,752 shares. Blackrock Japan Commerce Ltd accumulated 0.05% or 389,391 shares. Argi Investment Services Ltd Limited Liability Company reported 33,930 shares. Conning holds 0.14% or 91,110 shares in its portfolio. Rodgers Brothers holds 1.02% or 68,372 shares. Retail Bank Of The West has 0.24% invested in Seagate Technology PLC (NASDAQ:STX) for 44,626 shares. Jefferies Gru Ltd Limited Liability Company has 0.01% invested in Seagate Technology PLC (NASDAQ:STX) for 45,389 shares. Sumitomo Mitsui Asset Mngmt holds 0.02% of its portfolio in Seagate Technology PLC (NASDAQ:STX) for 22,820 shares. Cwm Ltd Liability Co stated it has 0% in Seagate Technology PLC (NASDAQ:STX). Bb&T invested in 30,073 shares. Sii Investments Inc Wi owns 6,196 shares. Franklin Resource Incorporated owns 16,984 shares for 0% of their portfolio.
Seagate Technology public limited company is a well-known provider of electronic data storage technology and solutions. The company has market cap of $14.01 billion. The Company’s principal products are hard disk drives . It has a 27.32 P/E ratio. In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers.
Since November 16, 2016, it had 0 insider purchases, and 5 sales for $1.94 million activity. The insider MORTON DAVID H JR sold $293,366. PARK CHONG SUP also sold $72,206 worth of Seagate Technology PLC (NASDAQ:STX) on Wednesday, February 1. Another trade for 21,433 shares valued at $1.03M was sold by RE MARK. 3,091 Seagate Technology PLC (NASDAQ:STX) shares with value of $118,700 were sold by MacPherson Regan J.
