Vista Equity Partners Takes Infoblox Private for $1.6B

A number of other analysts have commented on the company in recent days, and Infoblox Inc. has earned a consensus one-year price target of $23.79, lower than the opening price of $26.30, a difference of 9.04 percent. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 3.02. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Infoblox in a research note on Saturday, September 3rd. (NASDAQ:AAPL). Out of rating recommendations 3 have given the stock a Buy while 3 recommend the stock as Outperform. Infoblox now has an average rating of Hold and a consensus target price of $22.07. Rhumbline Advisers now owns 57,283 shares of the company’s stock worth $1,075,000 after buying an additional 802 shares during the last quarter.

While it managed to increase revenues by 17% in the fiscal year ending in July, Infoblox cited “challenging” conditions in its earnings report and predicted that it would generate between $360 million and $380 million in sales in the next fiscal year. The shares were sold at an average price of $22.85, for a total transaction of $328,080.30. According to the SEC, on Sep 19, 2016, Jesper Andersen (President and CEO) sold 14,358 shares at $22.85 per share price. Legal & General Group Plc now owns 16,022 shares of the company’s stock valued at $272,000 after buying an additional 3,289 shares in the last quarter. (“DTS” or the “Company”) (NASDAQ GS: DTSI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Tessera Technologies, Inc.

USA private equity firm Vista Equity Partners, today struck a deal to buy Infoblox Inc.in a deal that values the network software and security company at $1.6 billion. Weiss Multi Strategy Advisers LLC boosted its position in shares of Infoblox by 2.8% in the second quarter. Finally, Harber Asset Management LLC boosted its position in shares of Infoblox by 169.2% in the second quarter.

During last 5 trades the stock sticks nearly 15.47%. In the last six months the stock’s performance soared 62.05% while yearly performance of the company advanced 45.50%. The Company provides network control, network automation and domain name system (DNS) security though appliance-based solutions. Infoblox develops software used for managing DNS, DHCP, and IP addresses and security.