Swiss National Bank cut its stake in shares of Infoblox Inc. (NYSE:BLOX) by 7.1% during the third quarter, Holdings Channel reports. The fund owned 85,800 shares of the company’s stock after selling 6,600 shares during the period. Swiss National Bank owned 0.15% of Infoblox worth $2,263,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Rhumbline Advisers raised its position in Infoblox by 1.4% in the second quarter. Rhumbline Advisers now owns 57,283 shares of the company’s stock worth $1,075,000 after buying an additional 802 shares in the last quarter. Teacher Retirement System of Texas raised its position in Infoblox by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 7,936 shares of the company’s stock worth $149,000 after buying an additional 961 shares in the last quarter. Alliancebernstein L.P. raised its position in Infoblox by 1.3% in the second quarter. Alliancebernstein L.P. now owns 88,900 shares of the company’s stock worth $1,668,000 after buying an additional 1,100 shares in the last quarter. BNP Paribas Arbitrage SA raised its position in Infoblox by 85.7% in the third quarter. BNP Paribas Arbitrage SA now owns 5,259 shares of the company’s stock worth $139,000 after buying an additional 2,427 shares in the last quarter. Finally, Weiss Multi Strategy Advisers LLC raised its position in Infoblox by 2.8% in the second quarter. Weiss Multi Strategy Advisers LLC now owns 205,506 shares of the company’s stock worth $3,855,000 after buying an additional 5,506 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.

Institutional Ownership by Quarter for Infoblox (NYSE:BLOX)

Shares of Infoblox Inc. (NYSE:BLOX) remained flat at $26.45 during midday trading on Friday. The company has a 50-day moving average of $26.45 and a 200 day moving average of $23.70. Infoblox Inc. has a 12 month low of $13.87 and a 12 month high of $26.50.

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A number of research firms recently commented on BLOX. Stephens lowered shares of Infoblox from an “overweight” rating to an “equal weight” rating in a research note on Thursday, October 6th. Guggenheim lowered shares of Infoblox from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 20th. Deutsche Bank AG upgraded shares of Infoblox from a “sell” rating to a “hold” rating and set a $13.00 price target on the stock in a research report on Tuesday, September 20th. JMP Securities lowered shares of Infoblox to a “market perform” rating in a research report on Monday, September 19th. Finally, William Blair lowered shares of Infoblox from an “outperform” rating to a “market perform” rating in a research report on Monday, September 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $21.08.

In other news, EVP Scott Fulton sold 7,935 shares of the company’s stock in a transaction that occurred on Monday, October 17th. The shares were sold at an average price of $26.33, for a total transaction of $208,928.55. Following the transaction, the executive vice president now directly owns 101,595 shares in the company, valued at $2,674,996.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.20% of the company’s stock.

Infoblox Company Profile

Infoblox Inc provides enterprise and service provider-class solutions to automate management of the critical network infrastructure services. The Company provides network control, network automation and domain name system (DNS) security though appliance-based solutions. The Company’s solutions combine real-time Internet protocol address management (IPAM), automation of network control, change and configuration management processes and DNS-based infrastructure security in purpose-built physical and virtual appliances.

5 Day Chart for NYSE:BLOX

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