Carbon Black Inc (NASDAQ:CBLK) insider Michael Viscuso sold 10,000 shares of Carbon Black stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $21.38, for a total value of $213,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Michael Viscuso also recently made the following trade(s):
- On Monday, July 8th, Michael Viscuso sold 10,000 shares of Carbon Black stock. The shares were sold at an average price of $17.25, for a total value of $172,500.00.
- On Monday, June 10th, Michael Viscuso sold 25,000 shares of Carbon Black stock. The shares were sold at an average price of $15.65, for a total value of $391,250.00.
NASDAQ:CBLK opened at $22.22 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.28 and a current ratio of 1.28. The stock’s 50-day simple moving average is $18.62 and its 200 day simple moving average is $15.86. The company has a market cap of $1.66 billion, a P/E ratio of -15.87 and a beta of 1.28. Carbon Black Inc has a 52-week low of $11.80 and a 52-week high of $26.11.
Several large investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. grew its holdings in Carbon Black by 240.9% during the first quarter. Victory Capital Management Inc. now owns 3,941 shares of the company’s stock worth $55,000 after purchasing an additional 2,785 shares during the period. Strs Ohio grew its holdings in Carbon Black by 26.3% during the second quarter. Strs Ohio now owns 4,800 shares of the company’s stock worth $80,000 after purchasing an additional 1,000 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new position in Carbon Black during the second quarter worth about $84,000. Quantamental Technologies LLC bought a new position in Carbon Black during the second quarter worth about $111,000. Finally, BNP Paribas Arbitrage SA grew its holdings in Carbon Black by 1,748.7% during the first quarter. BNP Paribas Arbitrage SA now owns 8,541 shares of the company’s stock worth $119,000 after purchasing an additional 8,079 shares during the period. 67.95% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts recently issued reports on the company. Cowen assumed coverage on Carbon Black in a research report on Thursday, May 23rd. They issued a “market perform” rating and a $18.00 target price on the stock. Zacks Investment Research raised Carbon Black from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Wednesday, August 7th. KeyCorp lifted their target price on Carbon Black from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, ValuEngine raised Carbon Black from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $18.54.
About Carbon Black
Carbon Black, Inc provides security solutions in the United States and internationally. Its solutions enable customers to predict, prevent, detect, respond to, and remediate cyber-attacks before they cause a damaging incident or data breach. The company offers CB Predictive Security Cloud, a big data and analytics platform, which provides endpoint data collection, streaming analytics, collective intelligence, and open application program interfaces, as well as a set of security services.
Receive News & Ratings for Carbon Black Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carbon Black and related companies with MarketBeat.com's FREE daily email newsletter.