VMware, Inc. (VMW) Stake Lessened by Atria Investments LLC

Atria Investments LLC reduced its position in shares of VMware, Inc. (NYSE:VMW) by 24.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,155 shares of the virtualization software provider’s stock after selling 1,671 shares during the period. Atria Investments LLC’s holdings in VMware were worth $646,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Sapphire Star Partners LP lifted its position in shares of VMware by 20.0% during the 3rd quarter. Sapphire Star Partners LP now owns 2,880 shares of the virtualization software provider’s stock worth $314,000 after purchasing an additional 480 shares during the last quarter. BP PLC purchased a new stake in shares of VMware during the 3rd quarter worth $928,000. Dynamic Technology Lab Private Ltd purchased a new stake in VMware in the second quarter valued at $1,121,000. Stifel Financial Corp lifted its position in VMware by 3.1% in the third quarter. Stifel Financial Corp now owns 93,216 shares of the virtualization software provider’s stock valued at $10,206,000 after acquiring an additional 2,777 shares during the last quarter. Finally, Chicago Equity Partners LLC lifted its position in VMware by 82.6% in the third quarter. Chicago Equity Partners LLC now owns 67,155 shares of the virtualization software provider’s stock valued at $7,333,000 after acquiring an additional 30,375 shares during the last quarter. 22.48% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on VMW shares. Zacks Investment Research cut shares of VMware from a “buy” rating to a “hold” rating in a research report on Monday, October 16th. Barclays reissued a “buy” rating on shares of VMware in a research report on Friday, November 10th. KeyCorp raised shares of VMware from a “sector weight” rating to an “overweight” rating and set a $142.00 price target for the company in a research report on Monday, December 18th. Stifel Nicolaus reissued a “buy” rating and issued a $152.00 price target (up from $150.00) on shares of VMware in a research report on Monday, November 27th. Finally, Drexel Hamilton restated a “buy” rating and issued a $120.00 price objective on shares of VMware in a research note on Thursday, November 2nd. Ten research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $126.20.

In related news, COO Sanjay Poonen sold 2,764 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $118.50, for a total transaction of $327,534.00. Following the sale, the chief operating officer now owns 189,391 shares of the company’s stock, valued at $22,442,833.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Egon Durban sold 435,682 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $109.31, for a total transaction of $47,624,399.42. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 484,155 shares of company stock worth $53,551,032. Company insiders own 34.40% of the company’s stock.

VMware, Inc. (NYSE:VMW) opened at $136.69 on Tuesday. VMware, Inc. has a one year low of $81.26 and a one year high of $137.40. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.51. The stock has a market cap of $55,100.00, a PE ratio of 39.05, a PEG ratio of 3.13 and a beta of 0.67.

VMware (NYSE:VMW) last issued its quarterly earnings results on Thursday, November 30th. The virtualization software provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. VMware had a net margin of 18.97% and a return on equity of 18.57%. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same period in the previous year, the business posted $1.14 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. research analysts predict that VMware, Inc. will post 3.77 EPS for the current year.

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VMware Profile

VMware, Inc is an information technology (IT) company. The Company is engaged in development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. The Company offers various products, which allow organizations to manage IT resources across private clouds and multi-cloud, multi-device environments by leveraging synergies across three product categories: Software-Defined Data Center (SDDC), Hybrid Cloud Computing and End-User Computing (EUC).

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Institutional Ownership by Quarter for VMware (NYSE:VMW)

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