Rosenblum Silverman Sutton S F Inc Ca buys $6,412,041 stake in FleetMatics Group PLC (FLTX)

FleetMatics Group PLC (FLTX) : Rosenblum Silverman Sutton S F Inc Ca scooped up 3,150 additional shares in FleetMatics Group PLC during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 107,965 shares of FleetMatics Group PLC which is valued at $6,412,041.FleetMatics Group PLC makes up approximately 2.84% of Rosenblum Silverman Sutton S F Inc Ca’s portfolio.

Other Hedge Funds, Including , Credit Suisse Ag boosted its stake in FLTX in the latest quarter, The investment management firm added 12,288 additional shares and now holds a total of 36,511 shares of FleetMatics Group PLC which is valued at $2,168,388.New York State Common Retirement Fund boosted its stake in FLTX in the latest quarter, The investment management firm added 14,348 additional shares and now holds a total of 75,607 shares of FleetMatics Group PLC which is valued at $4,490,300. FleetMatics Group PLC makes up approx 0.01% of New York State Common Retirement Fund’s portfolio.Glenmede Trust Co Na boosted its stake in FLTX in the latest quarter, The investment management firm added 106 additional shares and now holds a total of 1,319 shares of FleetMatics Group PLC which is valued at $78,481.California State Teachers Retirement System boosted its stake in FLTX in the latest quarter, The investment management firm added 1,049 additional shares and now holds a total of 82,232 shares of FleetMatics Group PLC which is valued at $4,900,205. FleetMatics Group PLC makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Ami Asset Management Corp boosted its stake in FLTX in the latest quarter, The investment management firm added 313 additional shares and now holds a total of 266,031 shares of FleetMatics Group PLC which is valued at $11,364,844. FleetMatics Group PLC makes up approx 0.76% of Ami Asset Management Corp’s portfolio.

FleetMatics Group PLC opened for trading at $59.59 and hit $60.18 on the upside on Tuesday, eventually ending the session at $60, with a gain of 1.03% or 0.61 points. The heightened volatility saw the trading volume jump to 26,96,390 shares. Company has a market cap of $2,350 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. FleetMatics Group PLC was Downgraded by Citigroup to ” Neutral” on Aug 9, 2016. Company shares were Downgraded by Barclays on Aug 4, 2016 to ” Equal Weight”, Firm has raised the Price Target to $ 59 from a previous price target of $46 .Company shares were Downgraded by Imperial Capital on Aug 2, 2016 to ” In-line”, Firm has raised the Price Target to $ 60 from a previous price target of $50 .

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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