Control4 Corp (CTRL) Shares Bought by RPG Investment Advisory LLC

RPG Investment Advisory LLC increased its holdings in shares of Control4 Corp (NASDAQ:CTRL) by 6.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,864 shares of the electronics maker’s stock after purchasing an additional 7,177 shares during the quarter. RPG Investment Advisory LLC owned approximately 0.44% of Control4 worth $3,978,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Control4 by 18.1% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 104,130 shares of the electronics maker’s stock worth $3,575,000 after purchasing an additional 15,980 shares in the last quarter. Canandaigua National Bank & Trust Co. purchased a new stake in shares of Control4 during the third quarter worth about $203,000. Wells Fargo & Company MN grew its position in shares of Control4 by 5.2% during the third quarter. Wells Fargo & Company MN now owns 79,666 shares of the electronics maker’s stock worth $2,734,000 after purchasing an additional 3,913 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of Control4 during the third quarter worth about $139,000. Finally, Comerica Bank grew its position in shares of Control4 by 18.0% during the third quarter. Comerica Bank now owns 25,355 shares of the electronics maker’s stock worth $715,000 after purchasing an additional 3,859 shares in the last quarter. Hedge funds and other institutional investors own 79.19% of the company’s stock.

In other news, General Counsel Joshua D. Ellis sold 716 shares of Control4 stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $37.18, for a total value of $26,620.88. Following the completion of the transaction, the general counsel now owns 1,470 shares in the company, valued at approximately $54,654.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Susan Cashen sold 7,522 shares of Control4 stock in a transaction that occurred on Tuesday, November 6th. The stock was sold at an average price of $23.07, for a total value of $173,532.54. Following the completion of the transaction, the senior vice president now owns 5,022 shares of the company’s stock, valued at approximately $115,857.54. The disclosure for this sale can be found here. In the last quarter, insiders sold 547,956 shares of company stock valued at $17,877,825. Company insiders own 4.40% of the company’s stock.

Shares of Control4 stock traded up $0.10 on Wednesday, reaching $23.80. The company had a trading volume of 40,029 shares, compared to its average volume of 563,096. The stock has a market cap of $624.21 million, a price-to-earnings ratio of 31.73, a price-to-earnings-growth ratio of 2.24 and a beta of 0.34. Control4 Corp has a 1 year low of $20.50 and a 1 year high of $37.62.

Control4 (NASDAQ:CTRL) last announced its earnings results on Thursday, November 1st. The electronics maker reported $0.38 EPS for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.02. The firm had revenue of $71.59 million during the quarter, compared to analysts’ expectations of $71.52 million. Control4 had a return on equity of 14.94% and a net margin of 7.22%. The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS. Equities analysts expect that Control4 Corp will post 0.94 EPS for the current year.

Several research firms have weighed in on CTRL. Imperial Capital set a $24.00 price target on Control4 and gave the company a “hold” rating in a report on Tuesday. ValuEngine cut Control4 from a “hold” rating to a “sell” rating in a report on Friday, November 2nd. BidaskClub cut Control4 from a “hold” rating to a “sell” rating in a report on Saturday, October 27th. Zacks Investment Research upgraded Control4 from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Wednesday, September 26th. Finally, Cowen set a $40.00 price target on Control4 and gave the company a “buy” rating in a report on Monday, September 10th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $34.00.

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About Control4

Control4 Corporation provides smart home and business solutions in the United States, Canada, 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.

Further Reading: Calculate Your Return on Investment (ROI)

Institutional Ownership by Quarter for Control4 (NASDAQ:CTRL)

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