Carbon Black Inc (NASDAQ:CBLK) insider Ryan James Polk sold 14,000 shares of Carbon Black stock in a transaction on Friday, July 26th. The stock was sold at an average price of $19.00, for a total transaction of $266,000.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

NASDAQ:CBLK traded up $0.28 during midday trading on Tuesday, hitting $19.00. 481,184 shares of the company were exchanged, compared to its average volume of 1,145,096. The stock has a fifty day moving average of $17.36. Carbon Black Inc has a fifty-two week low of $11.80 and a fifty-two week high of $27.27. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $1.36 billion, a P/E ratio of -13.57 and a beta of 1.27.

Carbon Black (NASDAQ:CBLK) last announced its quarterly earnings results on Thursday, May 2nd. The company reported ($0.22) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.22). Carbon Black had a negative net margin of 36.91% and a negative return on equity of 38.71%. The firm had revenue of $58.60 million for the quarter, compared to analyst estimates of $57.10 million. During the same period last year, the business earned ($0.98) EPS. Carbon Black’s revenue for the quarter was up 21.1% compared to the same quarter last year. On average, equities analysts anticipate that Carbon Black Inc will post -0.89 earnings per share for the current fiscal year.

CBLK has been the topic of several research analyst reports. ValuEngine lowered shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. Zacks Investment Research upgraded shares of Investar from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Tuesday, June 4th. Robert W. Baird initiated coverage on shares of Carbon Black in a research note on Wednesday, April 3rd. They set an “outperform” rating and a $20.00 price target on the stock. Finally, Cowen cut their price target on shares of Nordstrom from $44.00 to $36.00 and set a “market perform” rating on the stock in a research note on Thursday, May 23rd. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $18.25.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP increased its stake in Carbon Black by 96.1% in the second quarter. First Trust Advisors LP now owns 1,965,871 shares of the company’s stock valued at $32,869,000 after purchasing an additional 963,442 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Carbon Black in the second quarter valued at $364,000. SG Americas Securities LLC acquired a new position in Carbon Black in the second quarter valued at $764,000. Creative Planning acquired a new position in Carbon Black in the second quarter valued at $995,000. Finally, Strs Ohio increased its stake in Carbon Black by 26.3% in the second quarter. Strs Ohio now owns 4,800 shares of the company’s stock valued at $80,000 after purchasing an additional 1,000 shares during the period. Institutional investors own 64.46% of the company’s stock.

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.

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Insider Buying and Selling by Quarter for Carbon Black (NASDAQ:CBLK)

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