Infoblox Inc (BLOX) : Banbury Partners added new position in Infoblox Inc during the most recent quarter end. The investment management firm now holds 962,995 shares of Infoblox Inc which is valued at $18,643,583 , the company said in a statement filed on Aug 15, 2016 with the SEC.Infoblox Inc makes up approximately 6.61% of Banbury Partners’s portfolio.
Other Hedge Funds, Including , Weiss Multi-strategy Advisers reduced its stake in BLOX by selling 211,600 shares or 51.41% in the most recent quarter. The Hedge Fund company now holds 200,000 shares of BLOX which is valued at $3,872,000. Infoblox Inc makes up approx 0.17% of Weiss Multi-strategy Advisers’s portfolio.Cadian Capital Management Lp reduced its stake in BLOX by selling 420,518 shares or 17.13% in the most recent quarter. The Hedge Fund company now holds 2,034,900 shares of BLOX which is valued at $39,395,664. Infoblox Inc makes up approx 2.06% of Cadian Capital Management Lp’s portfolio.Teacher Retirement System Of Texas boosted its stake in BLOX in the latest quarter, The investment management firm added 961 additional shares and now holds a total of 7,936 shares of Infoblox Inc which is valued at $148,641.Penserra Capital Management reduced its stake in BLOX by selling 245,308 shares or 13.5% in the most recent quarter. The Hedge Fund company now holds 1,571,888 shares of BLOX which is valued at $30,054,499. Infoblox Inc makes up approx 3.89% of Penserra Capital Management’s portfolio. Quantbot Technologies Lp sold out all of its stake in BLOX during the most recent quarter. The investment firm sold 6,151 shares of BLOX which is valued $113,609.
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.