SC US Ttgp LTD. held its stake in Nimble Storage, Inc. (NYSE:NMBL) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 662,700 shares of the company’s stock at the end of the fourth quarter. Nimble Storage makes up approximately 2.7% of SC US Ttgp LTD.’s portfolio, making the stock its 4th largest position. SC US Ttgp LTD. owned approximately 0.76% of Nimble Storage worth $5,249,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of NMBL. State Board of Administration of Florida Retirement System boosted its position in shares of Nimble Storage by 5.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 22,990 shares of the company’s stock valued at $183,000 after buying an additional 1,155 shares during the period. Friess Associates LLC purchased a new position in shares of Nimble Storage during the second quarter valued at approximately $4,856,000. Polar Capital LLP boosted its position in shares of Nimble Storage by 22.9% in the second quarter. Polar Capital LLP now owns 2,394,557 shares of the company’s stock valued at $19,050,000 after buying an additional 446,236 shares during the period. Quentec Asset Management LLC boosted its position in shares of Nimble Storage by 5.9% in the second quarter. Quentec Asset Management LLC now owns 1,110,060 shares of the company’s stock valued at $8,836,000 after buying an additional 61,938 shares during the period. Finally, Metropolitan Life Insurance Co. NY boosted its position in shares of Nimble Storage by 31.0% in the second quarter. Metropolitan Life Insurance Co. NY now owns 46,425 shares of the company’s stock valued at $370,000 after buying an additional 10,992 shares during the period. 63.41% of the stock is owned by institutional investors.
Nimble Storage, Inc. (NYSE:NMBL) traded up 3.38% during trading on Monday, hitting $8.88. The stock had a trading volume of 598,652 shares. The company has a 50-day moving average of $8.41 and a 200 day moving average of $8.17. The company’s market cap is $777.00 million. Nimble Storage, Inc. has a 52 week low of $5.64 and a 52 week high of $9.90.
Nimble Storage (NYSE:NMBL) last issued its quarterly earnings results on Tuesday, November 22nd. The company reported ($0.18) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.18). The business had revenue of $102 million for the quarter, compared to analyst estimates of $101.99 million. Nimble Storage had a negative return on equity of 114.08% and a negative net margin of 41.08%. Nimble Storage’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same period last year, the company posted ($0.14) earnings per share. On average, equities research analysts anticipate that Nimble Storage, Inc. will post ($0.75) EPS for the current year.
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Several brokerages recently commented on NMBL. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Nimble Storage in a research report on Tuesday, November 22nd. Zacks Investment Research raised Nimble Storage from a “sell” rating to a “hold” rating in a report on Tuesday, November 22nd. Jefferies Group LLC reissued a “buy” rating and set a $14.00 price objective on shares of Nimble Storage in a report on Tuesday, December 6th. Pacific Crest raised Nimble Storage from a “sector weight” rating to an “overweight” rating and set a $11.00 price objective for the company in a report on Monday, January 9th. Finally, Piper Jaffray Companies reissued a “neutral” rating on shares of Nimble Storage in a report on Friday, December 30th. Thirteen research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Nimble Storage has a consensus rating of “Buy” and a consensus price target of $11.78.
In other Nimble Storage news, CFO Anup V. Singh sold 10,000 shares of the firm’s stock in a transaction on Monday, December 5th. The stock was sold at an average price of $8.00, for a total value of $80,000.00. Following the completion of the sale, the chief financial officer now directly owns 257,908 shares of the company’s stock, valued at $2,063,264. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Denis Murphy sold 9,132 shares of the firm’s stock in a transaction on Monday, December 12th. The stock was sold at an average price of $8.32, for a total value of $75,978.24. The disclosure for this sale can be found here. Insiders have sold 409,034 shares of company stock worth $3,301,924 over the last quarter. 20.90% of the stock is currently owned by corporate insiders.
About Nimble Storage
Nimble Storage, Inc (Nimble Storage) engineers and delivers its customers with flash storage platform. The Company’s Predictive Flash platform consists of a Unified Flash Fabric that provides a single consolidation architecture with common data services across a portfolio of All Flash and Adaptive Flash arrays, and InfoSight predictive analytics with integrated support and service offerings.
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