Summary of Carbonite, Inc. (NASDAQ:CARB) Ratings as of May 17, 2018

May 17, 2018 - By Vernon Rice

Carbonite, Inc. (NASDAQ:CARB) Corporate Logo
During 2017 Q4 the big money sentiment is 1.08. That’s change of 2017Q3’s as. 17 investors sold all, 42 reduced holdings as Carbonite, Inc. ratio is flat. 38 rose stakes while only 26 funds bought stakes. Funds hold 24.93 million shares thus 1.89% more from 2017Q3’s 24.47 million shares.
Piermont Cap Mgmt reported 0.14% in Carbonite, Inc. (NASDAQ:CARB). Paw Cap has invested 4.1% in Carbonite, Inc. (NASDAQ:CARB). Moreover, Argent Management Limited Com has 0.23% invested in Carbonite, Inc. (NASDAQ:CARB) for 269,385 shs. Aqr Capital Management Ltd Liability Company holds 0% or 20,022 shs. Barclays Public Ltd Company invested 0% in Carbonite, Inc. (NASDAQ:CARB). Dimensional Fund Advsrs Limited Partnership has invested 0.01% of its capital in Carbonite, Inc. (NASDAQ:CARB). Credit Suisse Ag holds 0% of its capital in Carbonite, Inc. (NASDAQ:CARB) for 29,865 shs. Suffolk Cap Limited Company accumulated 35,519 shs. New York-based Morgan Stanley has invested 0% in Carbonite, Inc. (NASDAQ:CARB). Qs Llc holds 98,583 shs. Rice Hall James & Associates Ltd Liability has 0.09% invested in Carbonite, Inc. (NASDAQ:CARB) for 95,955 shs. Strs Ohio invested in 7,000 shs. Amer Gp reported 0% stake. Fort Washington Inv Advsr Inc Oh owns 0.18% invested in Carbonite, Inc. (NASDAQ:CARB) for 711,530 shs. Summit Creek Advsrs Limited Liability Corp has invested 2.89% of its capital in Carbonite, Inc. (NASDAQ:CARB).

Carbonite, Inc. registered $2.02 million net activity with 0 buys and 20 sales since December 11, 2017. SHEER DANIELLE also sold $58,823 worth of Carbonite, Inc. (NASDAQ:CARB) on Friday, February 2. On Friday, April 27 a trade for 1,432 shs valued at $44,464 was made by Mohan Deepak. Another trade for 13,834 shs valued at $426,917 was sold by Guadagno Norman. Shares for $224,393 were sold by HUDSON CASSANDRA on Friday, February 2. $50,052 worth of Carbonite, Inc. (NASDAQ:CARB) was sold by Mellinger Paul S.. $231,600 worth of Carbonite, Inc. (NASDAQ:CARB) was sold by KRASNOW TODD.

Carbonite, Inc. (NASDAQ:CARB) Ratings Coverage

Total analysts of 7 have positions in Carbonite Inc (NASDAQ:CARB) as follows: 6 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 86%. Since November 27, 2017 according to StockzIntelligence Inc Carbonite Inc has 9 analyst reports. On Tuesday, May 8 the company was maintained by Oppenheimer. In Wednesday, December 13 report Rosenblatt maintained it with “Buy” rating and $31.0 target. On Monday, November 27 the firm earned “Buy” rating by JMP Securities. The stock rating was maintained by JMP Securities with “Market Outperform” on Friday, April 27. On Tuesday, May 8 the firm has “Buy” rating given by Craig Hallum. On Wednesday, February 14 the firm earned “Hold” rating by Northland Capital. In Tuesday, May 8 report FBR Capital maintained the stock with “Buy” rating. 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
13/12/2017 Broker: Rosenblatt Rating: Buy New Target: $31.0 Maintain
27/11/2017 Broker: JMP Securities Rating: Buy Maintain

The stock increased 0.43% or $0.15 during the last trading session, touching $34.85.Carbonite, Inc. has volume of 182,335 shares. Since May 17, 2017 CARB has risen 44.44% and is uptrending. CARB outperformed by 32.89% the S&P 500.

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 $996.10 million. It offers data protection solutions, such as cloud, hybrid and on-premise backup and restore, disaster recovery as a service , and email archiving.Currently it has negative earnings. 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.

For more Carbonite, Inc. (NASDAQ:CARB) news posted recently go to: Globenewswire.com, Globenewswire.com, Seekingalpha.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “Carbonite Showcases Data Protection Platform at Dell Technologies World 2018” posted on May 02, 2018, “Carbonite to Present at Upcoming Investor Conferences” on May 16, 2018, “Carbonite’s (CARB) CEO Mohamad Ali on Q1 2018 Results – Earnings Call Transcript” with a publish date: May 08, 2018, “Carbonite Announces First Quarter 2018 Financial Results” and the last “Carbonite Charitable Fund Awards Grants to Six STEM Organizations” with publication date: May 15, 2018.

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

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