Over the last ninety days, insiders have sold 4,655 shares of company stock worth $104,952. Institutional investors and hedge funds own 75.79% of the company's stock. Barracuda Networks has a 52-week low of $9.94 and a 52-week high of $26.69. The stock increased 1.73% or $0.53 during the last trading session, reaching $31.19. About 1.14 million shares traded.
Shares of Barracuda Networks Inc (NYSE:CUDA) opened at $27.50 on Friday. It has outperformed by 21.50% the S&P500.
In related news, CFO Dustin Driggs sold 1,250 shares of the firm's stock in a transaction dated Wednesday, November 1st. BlackRock Institutional Trust Company N.A. now owns 574,917 shares of the company's stock valued at $8,704,000 after buying an additional 140,555 shares during the period. Awm Investment Company Inc who had been investing in Aehr Test Systems for a number of months, seems to be bullish on the $62.47M market cap company. About 155,226 shares traded. Cummins Inc. (NYSE:CMI) has risen 43.32% since January 12, 2017 and is uptrending. It has outperformed by 291.95% the S&P500. KeyCorp reissued a "buy" rating and issued a $30.00 price objective on shares of Barracuda Networks in a report on Wednesday, October 11th. Therefore 26% are positive. Rubicon Project had 25 analyst reports since July 29, 2015 according to SRatingsIntel. (NYSE:CUDA) has "Buy" rating given on Monday, September 25 by Piper Jaffray. See Barracuda Networks, Inc. (NYSE:CUDA) on Wednesday, April 19 to "In-Line" rating. The firm has "Hold" rating by BTIG Research given on Monday, November 27. On Wednesday, October 12 the stock rating was maintained by Morgan Stanley with "Equal-Weight". The company was downgraded on Friday, January 8 by William Blair. JMP Securities maintained the stock with "Market Underperform" rating in Wednesday, October 12 report. On Wednesday, March 15 the stock rating was downgraded by B. Riley & Co to "Neutral". (NYSE:CUDA) on Tuesday, November 28 to "Equal-Weight" rating.
Since August 1, 2017, it had 0 buys, and 19 selling transactions for $74.39 million activity. Morgan Stanley accumulated 1 shares. $30,034 worth of Barracuda Networks, Inc. (NYSE:CUDA) rating on Thursday, October 1. Jenkins William D Jr sold $396,000 worth of Barracuda Networks, Inc.
Vantage Investment Partners Llc, which manages about $1.53B and $1.28 billion US Long portfolio, decreased its stake in Emerson Electric Co (NYSE:EMR) by 7,572 shares to 202,399 shares, valued at $12.72 million in 2017Q3, according to the filing.
Investors sentiment increased to 1.8 in Q3 2017. Its up 0.69, from 1.11 in 2017Q2. BUCK CARL N had sold 5,500 shares worth $21,215. 38 funds opened positions while 59 raised stakes. Alpha Cubed Lc reported 27,000 shares. 573,559 shares of the company's stock traded hands. It also reduced its holding in Chegg Inc. Roumell Asset Management Llc bought 153,305 shares as the company's stock declined 42.94% while stock markets rallied. (NYSE:CUDA). Frontier Mgmt Lc reported 390,271 shares or 0.07% of all its holdings.
Barracuda Networks, Inc designs and delivers security and data protection solutions. Maltese Mngmt Ltd holds 1.88% or 865,400 shares in its portfolio. Finally, Dimensional Fund Advisors LP raised its holdings in Barracuda Networks by 10.2% during the 2nd quarter. Bnp Paribas Arbitrage stated it has 0% in Barracuda Networks, Inc. (NYSE:CUDA) for 146,352 shares. (NYSE:CUDA). Qs Invsts Ltd Liability Co holds 135,832 shares or 0.03% of its portfolio. Cornercap Investment Counsel invested 0.22% of its portfolio in Barracuda Networks, Inc. (NYSE:CUDA) on Monday, August 14. Nordea Investment Mngmt Ab accumulated 86,838 shares or 0.01% of the stock.
Investors sentiment decreased to 0.43 in Q3 2017. Its up 0.69, from 1.11 in 2017Q2. It also reduced its holding in Iteris Inc. It dived, as 68 investors sold BAC shares while 569 reduced holdings. Conning Inc invested 0.26% in Bank of America Corporation (NYSE:BAC). (NYSE:CMI). Tower Research Ltd Liability Company (Trc) reported 224 shares. Goldman Sachs accumulated 413,678 shares. Grassi Investment Mngmt owns 442,175 shares. Salem Inv Counselors holds 989,700 shares. Thompson Davis & reported 262 shares. Deutsche National Bank Ag reported 0% in Ark Restaurants Corp. Employees Retirement Association Of Colorado reported 0.03% stake. Whittier Tru holds 882 shares or 0% of its portfolio. Cornerstone Advsr holds 642 shares or 0.07% of its portfolio. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Cummins had 91 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Topeka Capital Markets with "Buy" on Friday, January 8. The firm earned "Market Perform" rating on Tuesday, October 6 by BMO Capital Markets.
Among 23 analysts covering Barracuda Networks (NYSE:CUDA), 6 have Buy rating, 0 Sell and 17 Hold. (NYSE:CMI) rating on Thursday, April 21. Rosenblatt Securities set a $30.00 price objective on shares of Barracuda Networks and gave the company a "buy" rating in a report on Tuesday, January 10th. The stock of Cummins Inc. The rating was downgraded by Jefferies to "Hold" on Thursday, March 16. The company was maintained on Monday, June 5 by RBC Capital Markets. The firm has "Buy" rating given on Tuesday, September 12 by Needham.
Since July 26, 2017, it had 0 insider buys, and 15 sales for $600,307 activity.
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