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

May 17, 2018 - By Karla Blount

Carbonite, Inc. (NASDAQ:CARB) Corporate Logo
Big Money Sentiment is 1.08 in Q4 2017. It has change of 2017Q3’s as. The ratio is flat due to Carbonite, Inc. positioning: 17 sold and 42 reduced. only 26 funds amassed stakes and 38 increased stakes. Investors holded 24.47 million in 2017Q3 but now own 24.93 million shares or 1.89% more.
Bancshares Of America De holds 0% of its capital in Carbonite, Inc. (NASDAQ:CARB) for 73,830 shs. Strs Ohio reported 7,000 shs. State Board Of Administration Of Florida Retirement System reported 35,278 shs. Virginia Retirement Systems Et Al accumulated 0.01% or 25,700 shs. Susquehanna Gp Inc Llp reported 0% in Carbonite, Inc. (NASDAQ:CARB). Elk Creek Ptnrs Ltd Liability owns 0.52% invested in Carbonite, Inc. (NASDAQ:CARB) for 354,214 shs. Timessquare Mgmt Limited Liability holds 0.11% in Carbonite, Inc. (NASDAQ:CARB) or 683,900 shs. Ubs Asset Americas has 11,500 shs. Portolan Cap Ltd Llc holds 962,569 shs or 2.65% of its capital. Millrace Asset holds 150,736 shs or 3.63% of its capital. Los Angeles Capital Mngmt & Equity Research Incorporated accumulated 16,502 shs. 3,005 are owned by Sei Invs Company. Oberweis Asset Mngmt owns 354,560 shs or 2.08% of their US capital. Barclays Public Limited reported 3,986 shs stake. Dimensional Fund Advsr Lp has invested 0.01% in Carbonite, Inc. (NASDAQ:CARB).

Carbonite, Inc. had 20 insider sales and 0 buys since December 11, 2017. This’s net activity of $2.02 million. 1,940 Carbonite, Inc. (NASDAQ:CARB) shs with value of $50,052 were sold by Mellinger Paul S.. Another trade for 1,134 shs valued at $26,876 was made by Guadagno Norman on Friday, February 2. On Tuesday, December 12 the insider SHEER DANIELLE sold $11,989. The insider KRASNOW TODD sold 10,000 shs worth $231,600. On Tuesday, May 8 Levinson Marina sold $152,929 worth of Carbonite, Inc. (NASDAQ:CARB) or 4,352 shs. FOLGER ANTHONY sold $58,255 worth of stock or 2,458 shs.

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 firm earned “Buy” rating by FBR Capital. In Wednesday, February 14 report Northland Capital maintained it with “Hold” rating and $27.0 target. On Tuesday, May 8 the firm earned “Outperform” rating by Oppenheimer. On Wednesday, December 13 Rosenblatt maintained Carbonite, Inc. (NASDAQ:CARB) with “Buy” rating. On Monday, November 27 the stock has “Buy” rating by JMP Securities. On Friday, April 27 the stock has “Market Outperform” rating by JMP Securities. On Tuesday, May 8 Craig Hallum maintained Carbonite, Inc. (NASDAQ:CARB) rating. Craig Hallum has “Buy” rating and $4000 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
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, reaching $34.85.Carbonite, Inc. has volume of 182,335 shares. Since May 17, 2017 CARB has risen 44.44% and is uptrending. The stock outperformed the S&P500 by 32.89%.

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 company has $996.10 million market cap. 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 announced recently go to: Globenewswire.com, Globenewswire.com, Seekingalpha.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “Carbonite to Present at Upcoming Investor Conferences” announced on May 16, 2018, “Carbonite Charitable Fund Awards Grants to Six STEM Organizations” on May 15, 2018, “Carbonite’s (CARB) CEO Mohamad Ali on Q1 2018 Results – Earnings Call Transcript” with a publish date: May 08, 2018, “Carbonite Showcases Data Protection Platform at Dell Technologies World 2018” and the last “Carbonite Announces First Quarter 2018 Financial Results” with publication date: May 07, 2018.

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

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