Control4 Corp (NASDAQ:CTRL) Director Robert Born sold 3,570 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $23.64, for a total transaction of $84,394.80. Following the completion of the transaction, the director now directly owns 17,867 shares in the company, valued at $422,375.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

CTRL stock traded up $0.01 during trading on Monday, reaching $23.64. 407,508 shares of the stock were exchanged, compared to its average volume of 448,236. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.89 and a quick ratio of 2.74. Control4 Corp has a 1 year low of $15.59 and a 1 year high of $37.62. The company has a market capitalization of $630.00 million, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.35 and a beta of 0.88.

Control4 (NASDAQ:CTRL) last issued its earnings results on Thursday, May 9th. The electronics maker reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.17. Control4 had a net margin of 14.94% and a return on equity of 12.56%. The company had revenue of $60.43 million for the quarter, compared to the consensus estimate of $61.64 million. During the same period in the previous year, the firm earned $0.21 earnings per share. Control4’s quarterly revenue was up 2.2% compared to the same quarter last year. Sell-side analysts forecast that Control4 Corp will post 0.67 EPS for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Rhumbline Advisers increased its position in shares of Control4 by 22.9% during the fourth quarter. Rhumbline Advisers now owns 75,022 shares of the electronics maker’s stock valued at $1,320,000 after acquiring an additional 13,964 shares during the last quarter. Captrust Financial Advisors increased its position in shares of Control4 by 3,466.4% during the fourth quarter. Captrust Financial Advisors now owns 8,916 shares of the electronics maker’s stock valued at $157,000 after acquiring an additional 8,666 shares during the last quarter. Algert Global LLC increased its position in shares of Control4 by 11.2% during the first quarter. Algert Global LLC now owns 18,838 shares of the electronics maker’s stock valued at $319,000 after acquiring an additional 1,904 shares during the last quarter. Brinker Capital Inc. increased its position in shares of Control4 by 68.0% during the first quarter. Brinker Capital Inc. now owns 41,608 shares of the electronics maker’s stock valued at $704,000 after acquiring an additional 16,838 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Control4 by 8.7% during the fourth quarter. First Trust Advisors LP now owns 65,211 shares of the electronics maker’s stock valued at $1,148,000 after acquiring an additional 5,218 shares during the last quarter. Institutional investors and hedge funds own 85.38% of the company’s stock.

Several equities analysts have recently weighed in on CTRL shares. Zacks Investment Research downgraded shares of Control4 from a “hold” rating to a “sell” rating in a research note on Thursday, March 21st. DA Davidson downgraded shares of Control4 from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $33.00 to $24.00 in a research note on Thursday, May 9th. BidaskClub raised shares of Control4 from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Imperial Capital set a $19.00 target price on shares of Control4 and gave the stock a “hold” rating in a research note on Tuesday, February 5th. Finally, Needham & Company LLC downgraded shares of Control4 from a “buy” rating to a “hold” rating in a research note on Tuesday, February 5th. Two equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $26.57.

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Control4 Company Profile

Control4 Corporation provides smart home and business solutions in the United States, Australia, Canada, China, Germany, the United Kingdom, and internationally. The company offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices into a unified automation solution.

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Insider Buying and Selling by Quarter for Control4 (NASDAQ:CTRL)

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