Infoblox Inc (BLOX) : Horrell Capital Management added new position in Infoblox Inc during the most recent quarter end. The investment management firm now holds 40,000 shares of Infoblox Inc which is valued at $614,800 , the company said in a statement filed on Apr 21, 2016 with the SEC.Infoblox Inc makes up approximately 0.38% of Horrell Capital Management’s portfolio.
Infoblox Inc opened for trading at $16.79 and hit $17.015 on the upside on Wednesday, eventually ending the session at $16.85, with a gain of 0.24% or 0.04 points. The heightened volatility saw the trading volume jump to 11,94,413 shares. Company has a market cap of $975 M.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in BLOX during the most recent quarter. The investment firm sold 29,700 shares of BLOX which is valued $456,489.Fox Run Management L.l.c. reduced its stake in BLOX by selling 5,100 shares or 30.91% in the most recent quarter. The Hedge Fund company now holds 11,400 shares of BLOX which is valued at $175,218. Infoblox Inc makes up approx 0.11% of Fox Run Management L.l.c.’s portfolio.Falcon Point Capital reduced its stake in BLOX by selling 264,771 shares or 35.74% in the most recent quarter. The Hedge Fund company now holds 476,115 shares of BLOX which is valued at $7,003,652. Infoblox Inc makes up approx 1.23% of Falcon Point Capital’s portfolio.Acadian Asset Management reduced its stake in BLOX by selling 76,601 shares or 92.45% in the most recent quarter. The Hedge Fund company now holds 6,258 shares of BLOX which is valued at $92,055. Simplex Trading added BLOX to its portfolio by purchasing 250 company shares during the most recent quarter which is valued at $3,678.
On the company’s financial health, Infoblox Inc reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $0.16. The company had revenue of $96.00 million for the quarter, compared to analysts expectations of $95.63 million. The company’s revenue was up 29.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.
Infoblox Inc. provides enterprise and service provider-class solutions to automate management of the critical network infrastructure services. The Company provides network control network automation and domain name system (DNS) security though appliance-based solutions. The Company’s solutions combine real-time Internet protocol address management (IPAM) automation of network control change and configuration management processes and DNS-based infrastructure security in purpose-built physical and virtual appliances. The Company’s functions include delivering critical network protocol services such as dynamic host configuration protocol (DHCP) network change and configuration management and network infrastructure security. The Company offers four product families: Core Network Services Infrastructure Security Cloud Network Automation and Network Change and Configuration Management.