Geode Capital Management LLC Raises Position in Nimble Storage Inc (NMBL)
Geode Capital Management LLC boosted its position in shares of Nimble Storage Inc (NYSE:NMBL) by 11.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 458,363 shares of the technology company’s stock after buying an additional 46,060 shares during the period. Geode Capital Management LLC’s holdings in Nimble Storage were worth $5,729,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in NMBL. Karp Capital Management Corp purchased a new stake in shares of Nimble Storage during the first quarter worth about $201,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of Nimble Storage during the first quarter worth about $10,049,000. Gabelli Funds LLC purchased a new stake in shares of Nimble Storage during the first quarter worth about $17,050,000. Gamco Investors INC. ET AL purchased a new stake in shares of Nimble Storage during the first quarter worth about $2,963,000. Finally, UBS Asset Management Americas Inc. raised its stake in shares of Nimble Storage by 133.9% in the first quarter. UBS Asset Management Americas Inc. now owns 30,875 shares of the technology company’s stock worth $386,000 after buying an additional 17,675 shares during the last quarter. Hedge funds and other institutional investors own 63.41% of the company’s stock.
Nimble Storage Inc (NMBL) opened at 12.49 on Thursday. The company has a 50-day moving average of $12.49 and a 200-day moving average of $11.68. Nimble Storage Inc has a 52 week low of $7.11 and a 52 week high of $12.58.
About Nimble Storage
Nimble Storage, Inc (Nimble Storage) focuses on providing its end-customers with data. The Company’s Predictive Cloud Platform combines predictive analytics, flash storage and multicloud infrastructure to manage operations in on-premises data centers and in the cloud. Its products allow end-customers to deploy workloads flexibly on flash arrays, converged infrastructure and the public cloud.
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