Infoblox Inc (BLOX) : Sqn Investors Lp scooped up 629,386 additional shares in Infoblox Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 813,802 shares of Infoblox Inc which is valued at $15,755,207.Infoblox Inc makes up approximately 9.18% of Sqn Investors Lp’s portfolio.
Other Hedge Funds, Including , Price T Rowe Associates Inc Md reduced its stake in BLOX by selling 4,880 shares or 0.77% in the most recent quarter. The Hedge Fund company now holds 630,840 shares of BLOX which is valued at $12,213,062. Hsbc Holdings Plc sold out all of its stake in BLOX during the most recent quarter. The investment firm sold 13,173 shares of BLOX which is valued $255,029. Stephens Inc Ar sold out all of its stake in BLOX during the most recent quarter. The investment firm sold 47,447 shares of BLOX which is valued $888,208. Jet Capital Investors L P added BLOX to its portfolio by purchasing 775,000 company shares during the most recent quarter which is valued at $14,508,000. Infoblox Inc makes up approx 1.45% of Jet Capital Investors L P’s portfolio. Seven Bridges Advisors added BLOX to its portfolio by purchasing 8,135 company shares during the most recent quarter which is valued at $154,972. Infoblox Inc makes up approx 0.13% of Seven Bridges Advisors’s portfolio.
Infoblox Inc opened for trading at $21.66 and hit $22.48 on the upside on Thursday, eventually ending the session at $22.14, with a gain of 3.17% or 0.68 points. The heightened volatility saw the trading volume jump to 33,33,077 shares. Company has a market cap of $1,260 M.
On the company’s financial health, Infoblox Inc reported $0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 31, 2016. Analyst had a consensus of $0.06. The company had revenue of $86.30 million for the quarter, compared to analysts expectations of $84.46 million. The company’s revenue was down -.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.12 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.