S. Muoio & CO. LLC Makes New Investment in Control4 Corp (NASDAQ:CTRL)

S. Muoio & CO. LLC acquired a new position in Control4 Corp (NASDAQ:CTRL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 30,100 shares of the electronics maker’s stock, valued at approximately $715,000. S. Muoio & CO. LLC owned 0.11% of Control4 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CTRL. Northern Trust Corp boosted its stake in Control4 by 1.6% in the fourth quarter. Northern Trust Corp now owns 311,946 shares of the electronics maker’s stock valued at $5,491,000 after buying an additional 4,894 shares in the last quarter. Two Sigma Advisers LP boosted its stake in shares of Control4 by 384.4% during the fourth quarter. Two Sigma Advisers LP now owns 31,000 shares of the electronics maker’s stock valued at $546,000 after purchasing an additional 24,600 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in shares of Control4 by 353.4% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 8,184 shares of the electronics maker’s stock valued at $144,000 after purchasing an additional 6,379 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Control4 during the fourth quarter valued at about $131,000. Finally, Legal & General Group Plc boosted its stake in shares of Control4 by 1.7% during the fourth quarter. Legal & General Group Plc now owns 56,640 shares of the electronics maker’s stock valued at $991,000 after purchasing an additional 920 shares in the last quarter. Institutional investors and hedge funds own 77.33% of the company’s stock.

Shares of NASDAQ:CTRL remained flat at $$23.91 during midday trading on Friday. The company had a trading volume of 829,000 shares, compared to its average volume of 262,548. The company has a quick ratio of 2.74, a current ratio of 3.89 and a debt-to-equity ratio of 0.04. Control4 Corp has a 12 month low of $15.59 and a 12 month high of $37.62. The company has a market capitalization of $640.79 million, a price-to-earnings ratio of 24.91, a price-to-earnings-growth ratio of 2.26 and a beta of 0.35. The business’s 50 day moving average price is $23.84 and its two-hundred day moving average price is $20.69.

In related news, Director Robert Born sold 3,570 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $23.64, for a total transaction of $84,394.80. Following the sale, the director now directly owns 17,867 shares in the company, valued at approximately $422,375.88. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 5,570 shares of company stock worth $131,775. 2.90% of the stock is currently owned by corporate insiders.

Several research firms have recently commented on CTRL. Roth Capital downgraded Control4 from a “buy” rating to a “neutral” rating and set a $24.00 price objective for the company. in a report on Tuesday, May 14th. BidaskClub raised Control4 from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 24th. Zacks Investment Research raised Control4 from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research report on Tuesday, July 23rd. ValuEngine raised Control4 from a “sell” rating to a “hold” rating in a research report on Thursday, May 9th. Finally, Maxim Group cut Control4 from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $26.67.

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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Institutional Ownership by Quarter for Control4 (NASDAQ:CTRL)

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