Carbonite, Inc. (NASDAQ:CARB) Ratings Summary as of Jun 27, 2018

June 27, 2018 - By Charla Downs

Carbonite, Inc. (NASDAQ:CARB) Corporate Logo
Big Money Sentiment increased to 1.09 in 2018 Q1. It has change of 0.01, from 2017Q4’s 1.08. The ratio is positive due to Carbonite, Inc. positioning: 16 sold and 48 reduced. 26 funds acquired holdings and 44 increased holdings. Investors holded 24.93 million in 2017Q4 but now own 23.98 million shares or 3.81% less.
Portolan Cap Mgmt Limited Com has invested 4.35% in Carbonite, Inc. (NASDAQ:CARB). Stone Ridge Asset Mgmt Ltd reported 13,368 shs or 0.02% of all its holdings. Fmr Ltd Co has invested 0% in Carbonite, Inc. (NASDAQ:CARB). Alphaone Ser Limited Liability Corp holds 0.88% or 111,379 shs. Secor Limited Partnership holds 9,687 shs. Peak6 Limited Partnership invested in 0% or 32,646 shs. Scout Invs Inc holds 194,475 shs. Millennium Management Ltd Limited Liability Company has 0.01% invested in Carbonite, Inc. (NASDAQ:CARB) for 202,246 shs. Moors & Cabot owns 8,000 shs. New York State Common Retirement Fund stated it has 296,427 shs or 0.01% of all its holdings. California-based Ami Asset Management Corp has invested 0.86% in Carbonite, Inc. (NASDAQ:CARB). Sei Invs accumulated 0% or 3,572 shs. Art Advsr Ltd Com holds 8,236 shs or 0.01% of its capital. New England Private Wealth Advsr Limited reported 0.06% of its capital in Carbonite, Inc. (NASDAQ:CARB). Cramer Rosenthal Mcglynn Ltd Co reported 0.29% of its capital in Carbonite, Inc. (NASDAQ:CARB).

Carbonite, Inc. had 21 insider sales and 0 insider purchases since January 5, 2018. This’s net activity of $3.01 million. $279,406 worth of stock was sold by FOLGER ANTHONY on Monday, March 19. $46,109 worth of Carbonite, Inc. (NASDAQ:CARB) shs were sold by Mellinger Paul S.. The insider SHEER DANIELLE sold $36,235. On Friday, April 27 Shares for $39,527 were sold by Guadagno Norman. On Thursday, February 22 Shares for $46,269 were sold by Mohan Deepak. On Tuesday, May 8 a trade for 4,352 shs valued at $152,929 was made by Levinson Marina.

Carbonite, Inc. (NASDAQ:CARB) Ratings Coverage

In total 6 analysts cover Carbonite Inc (NASDAQ:CARB). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. (NASDAQ:CARB) has 83% bullish analysts. 7 are the (NASDAQ:CARB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, May 8 the stock of Carbonite, Inc. (NASDAQ:CARB) has “Outperform” rating given by Oppenheimer. On Wednesday, February 14 Northland Capital maintained Carbonite, Inc. (NASDAQ:CARB) rating. Northland Capital has “Hold” rating and $27.0 target. On Friday, April 27 the firm earned “Market Outperform” rating by JMP Securities. On Tuesday, May 8 the stock has “Buy” rating by Craig Hallum. In Tuesday, May 8 report FBR Capital maintained it with “Buy” rating and $42 target. Listed here are Carbonite, Inc. (NASDAQ:CARB) PTs and latest ratings.

08/05/2018 Broker: Craig Hallum Rating: Buy New Target: $40.0000 Maintain
08/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $37 New Target: $42 Maintain
08/05/2018 Broker: Lake Street Rating: Buy New Target: $34.0000
08/05/2018 Broker: Oppenheimer Old Rating: Outperform New Rating: Outperform Old Target: $30 New Target: $35 Maintain
27/04/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Outperform Old Target: $30 New Target: $36 Maintain
14/02/2018 Broker: Northland Capital Rating: Hold New Target: $27.0 Maintain
12/02/2018 Broker: FBR Capital Rating: Buy New Target: $30.0

CARB is reaching $35.525 during the last trading session, after decreased 0.07%.Carbonite, Inc. has volume of 55,221 shares. Since June 27, 2017 CARB has risen 92.47% and is uptrending. The stock outperformed the S&P500 by 79.90%.

Carbonite, Inc., together with its subsidiaries, provides cloud backup and restore solutions to small and medium sized businesses, and clients in the United States.The firm is worth $1.02 billion. It offers data protection solutions, such as cloud, hybrid and on-premise backup and restore, disaster recovery as a service , and email archiving.The P/E ratio is 2960.42. The companyÂ’s solutions include Carbonite Computer Backup, which automatically back up files directly to the cloud and include various devices; and Carbonite Server Backup that provides cloud and hybrid backup for physical and virtual servers with advanced management capabilities comprising scheduling, retention, bandwidth and compression settings, and detailed monitoring and reporting through personalized server dashboard.

There’s a substantial Carbonite, Inc. (NASDAQ:CARB) news announced by It’s a report titled: “3 Cybersecurity ETFs for Investors” on June 14, 2018.

Carbonite, Inc. (NASDAQ:CARB) Institutional Investors Chart

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