Juncture Wealth Strategies buys $1,054,956 stake in FleetMatics Group PLC (FLTX)

FleetMatics Group PLC (FLTX) : Juncture Wealth Strategies scooped up 1,270 additional shares in FleetMatics Group PLC during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 14, 2016. The investment management firm now holds a total of 23,480 shares of FleetMatics Group PLC which is valued at $1,054,956.FleetMatics Group PLC makes up approximately 0.74% of Juncture Wealth Strategies’s portfolio.

Other Hedge Funds, Including , Cutler Group Lp boosted its stake in FLTX in the latest quarter, The investment management firm added 1,012 additional shares and now holds a total of 2,797 shares of FleetMatics Group PLC which is valued at $125,529. FleetMatics Group PLC makes up approx 0.01% of Cutler Group Lp’s portfolio.Mazama Capital Management Inc boosted its stake in FLTX in the latest quarter, The investment management firm added 238 additional shares and now holds a total of 20,762 shares of FleetMatics Group PLC which is valued at $935,743. FleetMatics Group PLC makes up approx 0.18% of Mazama Capital Management Inc’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in FLTX in the latest quarter, The investment management firm added 1,508 additional shares and now holds a total of 1,537 shares of FleetMatics Group PLC which is valued at $69,273. New England Research Management sold out all of its stake in FLTX during the most recent quarter. The investment firm sold 15,600 shares of FLTX which is valued $664,404.

FleetMatics Group PLC opened for trading at $44.87 and hit $45.88 on the upside on Monday, eventually ending the session at $44.93, with a gain of 0.02% or 0.01 points. The heightened volatility saw the trading volume jump to 2,77,090 shares. Company has a market cap of $1,752 M.

On the company’s financial health, FleetMatics Group PLC reported $0.35 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.35. The company had revenue of $78.90 million for the quarter, compared to analysts expectations of $79.32 million. The company’s revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.

Many Wall Street Analysts have commented on FleetMatics Group PLC. Robert W. Baird Reiterated FleetMatics Group PLC on Jun 29, 2016 to “Outperform”, Price Target of the shares are set at $52.FleetMatics Group PLC was Initiated by Morgan Stanley to “Overweight” on Jun 29, 2016. FleetMatics Group PLC was Upgraded by Pacific Crest to ” Overweight” on May 25, 2016.

Fleetmatics Group PLC is a holding company. The Company is a provider of fleet management solutions delivered as software-as-a-service (SaaS). Its mobile software platform enables businesses to manage their local fleets of commercial vehicles. It offers Web-based and mobile application solutions that provide fleet operators with access to vehicle location fuel usage speed and mileage and others into their mobile workforce. The Company’s product offerings include Fleetmatics REVEAL a business intelligence-based fleet management solution for small and midsize businesses (SMBs); Fleetmatics REVEAL+ which extends Fleetmatics REVEAL to larger enterprises and Fleetmatics WORK a field service management solution. The Company’s solutions include fleet management and field service management. The Company’s subsidiaries are Fleetmatics Ireland Limited Fleetmatics (UK) Limited Fleetmatics USA LLC Fleetmatics Netherlands B.V. Fleetmatics de Mexico Srl and Fleetmatics Pty Ltd.

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