Positions for Proofpoint Inc (NASDAQ:PFPT)
In Q2 2018 Proofpoint Inc (NASDAQ:PFPT) big money sentiment increased to 1.25, SEC.gov filings reveal. So its up 0.41, from 2018Q1’s 0.84. 140 investment professionals increased or opened new positions, while 112 cut down and sold holdings in Proofpoint Inc so the sentiment is positive. These funds own 46.73 million shares, that’s down from 49.43 million shares in 2018Q1. Funds holding Proofpoint Inc in top 10 changed to 5 from 5 for the same number . In total 22 funds closed positions, 90 reduced and 83 increased. Also 57 funds bought new Proofpoint Inc stakes.
Significant Proofpoint Inc Shareholders
As of Q2 2018 Glynn Capital Management Llc has 2.87% invested in Proofpoint Inc. Proofpoint Inc’s shareholder Falcon Point Capital Llc owns 103,132 shares as of Q2 2018. Further, Zevenbergen Capital Investments Llc reported 566,864 shares in Proofpoint Inc equivalent to 2.17% of its US long equity exposure. De Burlo Group Inc revealed 84,700 shares position in Proofpoint Inc. The California-based fund Avalon Global Asset Management Llc looks positive on Proofpoint Inc, possessing 45,000 shares.
Proofpoint, Inc. operates as a security-as-a-service well-known provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide.The firm is valued at $4.88 billion. It offers threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions.Currently it has negative earnings. The firm provides email security products that include Enterprise Protection secure email gateway, Email Fraud Defense, Email Continuity, and Proofpoint Essentials, which are design to protect customers' mission-critical messaging infrastructure from outside threats, enable enterprises to authenticate their email to reduce consumer phishing, fight business email compromise attacks, and keep email operational in the event of a service well-known provider outage.
PFPT touched $89.28 during the last trading session after $3.51 change.Currently Proofpoint, Inc. is uptrending after 26.93% change in last November 10, 2017. PFPT has also 810,217 shares volume. PFPT outperformed by 11.31% the S&P500.
Vanguard Grp has 4.32M shs. Eulav Asset has 0.26% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 48,800 shs. 216,439 are owned by Legal And General Public Ltd. 22,820 were reported by Capital Fund Management Sa. Zacks Invest Mgmt reported 0.25% of its capital in Proofpoint, Inc. (NASDAQ:PFPT). Emerald Advisers Incorporated Pa owns 379,980 shs. Northern Corporation holds 0.01% or 282,865 shs in its capital. 34,840 were reported by Gam Ag. Advisory Svcs Net Ltd Liability Com holds 0% or 22 shs in its capital. Tocqueville Asset Lp holds 0.03% or 17,250 shs in its capital. Thornburg Inv Mgmt accumulated 65,112 shs or 0.06% of the stock. Hhr Asset Management Limited Liability Co has invested 1.53% in Proofpoint, Inc. (NASDAQ:PFPT). Credit Suisse Ag reported 0.03% stake. Columbus Circle stated it has 0.32% in Proofpoint, Inc. (NASDAQ:PFPT). Balyasny Asset Ltd Llc holds 0.2% or 386,528 shs.
Proofpoint, Inc. had 11 insider sales and 0 insider purchases since May 17, 2018. This’s net activity of $19.32 million. Another trade for 4,000 shs valued at $465,120 was made by Swaroop Bhagwat on Sunday, July 1. The insider Auvil Paul R. III sold 40,000 shs worth $4.64M. On Thursday, May 17 $611,624 worth of stock was sold by Hahn Eric. Steele Gary sold $6.25 million worth of Proofpoint, Inc. (NASDAQ:PFPT) or 100,000 shs on Saturday, September 1. Knight David sold $945,171 worth of stock or 7,500 shs. $579,307 worth of stock was sold by Lee Robert Darren on Wednesday, June 6.
Proofpoint, Inc. (NASDAQ:PFPT) Ratings Coverage
A total of 6 analysts rate Proofpoint (NASDAQ:PFPT) as follows: 5 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 83% are bullish. (NASDAQ:PFPT) has 7 ratings reports on 10 Nov 2018 according to StockzIntelligence. On Monday, October 29 KeyBanc Capital Markets upgraded Proofpoint, Inc. (NASDAQ:PFPT) rating. KeyBanc Capital Markets has “Overweight” rating and $120 target. On Friday, July 27 the rating was maintained by Morgan Stanley with “Overweight”. The company rating was maintained by Stifel Nicolaus on Friday, July 27. On Monday, October 29 Morgan Stanley maintained Proofpoint, Inc. (NASDAQ:PFPT) rating. Morgan Stanley has “Overweight” rating and $110 target. On Monday, October 29 Goldman Sachs upgraded the shares of PFPT in report to “Buy” rating. On Friday, October 26 the rating was maintained by Wells Fargo with “Outperform”. In Friday, October 26 report Deutsche Bank downgraded it to “Hold” rating and $95 target.
For more Proofpoint, Inc. (NASDAQ:PFPT) news released recently go to: Globenewswire.com, Nasdaq.com, Globenewswire.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Proofpoint Signs New Corporate Headquarters Lease in Sunnyvale, California” released on November 07, 2018, “Market Trends Toward New Normal in Teledyne Technologies, Hershey, Proofpoint, US Silica, World Fuel Services …” on October 30, 2018, “Proofpoint Announces Third Quarter 2018 Financial Results” with a publish date: October 25, 2018, “Proofpoint: Recent Pullback A Great Entry Point” and the last “Goldman Sachs, KeyBanc Turn Bullish On Proofpoint” with publication date: October 29, 2018.
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