Analyst Activity – Imperial Capital Raises Its Price Target On Barracuda Networks (NYSE:CUDA) to $21.00

17

Analyst Ratings For Barracuda Networks (NYSE:CUDA)

Story continues below

Today, Imperial Capital raised its price target on Barracuda Networks (NYSE:CUDA) to $21.00 per share.

There are 2 sell ratings, 6 hold ratings, 9 buy ratings on the stock.

The current consensus rating on Barracuda Networks (NYSE:CUDA) is Hold (Score: 2.41) with a consensus target price of $25.13 per share, a potential 4.64% upside.

Some recent analyst ratings include

  • 1/10/2017-Piper Jaffray Companies Reiterated Rating of Overweight.
  • 1/10/2017-William Blair Reiterated Rating of Market Perform.
  • 1/10/2017-Morgan Stanley Reiterated Rating of Equal Weight.
  • 1/10/2017-DA Davidson Upgrade from a “Underperform ” rating to a ” Neutral” rating.
  • 1/10/2017-BTIG Research Reiterated Rating of Buy.
  • 11/30/2016-Robert W. Baird Reiterated Rating of Outperform.

Dividend information for Barracuda Networks (NYSE:CUDA)

.
Recent Insider Trading Activity For Barracuda Networks (NYSE:CUDA)
Barracuda Networks (NYSE:CUDA) has insider ownership of 39.60% and institutional ownership of 54.76%.

  • On 1/9/2017 Dean M Drako, Major Shareholder Sell, 120,000 $22.89 with an average share price of $2,746,800.00 View SEC Filing   1/4/2017 per share and the total transaction amounting to Dean M Drako.
  • On 1/3/2017 Michael D Hughes, SVP Sell, 4,467 $22.11 with an average share price of $98,765.37 View SEC Filing   12/28/2016 per share and the total transaction amounting to Dean M Drako.
  • On 12/27/2016 Dean M Drako, Major Shareholder Sell, 40,000 $22.38 with an average share price of $895,200.00 View SEC Filing   12/23/2016 per share and the total transaction amounting to Dean M Drako.
  • On 12/22/2016 Dean M Drako, Major Shareholder Sell, 110,000 $22.25 with an average share price of $2,447,500.00 View SEC Filing   12/19/2016 per share and the total transaction amounting to Dean M Drako.
  • On 12/13/2016 Dean M Drako, Major Shareholder Sell, 40,000 $22.65 with an average share price of $906,000.00 View SEC Filing   12/12/2016 per share and the total transaction amounting to Dean M Drako.
  • On 12/9/2016 Dean M Drako, Major Shareholder Sell, 40,000 $23.08 with an average share price of $923,200.00 View SEC Filing   12/7/2016 per share and the total transaction amounting to Dean M Drako.

About Barracuda Networks (NYSE:CUDA)
Barracuda Networks, Inc. designs and delivers security and data protection solutions. The Company offers cloud-enabled solutions that enable customers to address security threats, manage network performance, and protect and store their data. Its solutions are designed to manage information technology operations for its customers. Its security solutions include Barracuda Email Security, The Barracuda Web Security Gateway, Barracuda NextGen Firewalls, The Barracuda Web Application Firewall, The Barracuda Load Balancer ADC and The Barracuda SSL VPN. Its data protection solutions provide solutions for on-premises and cloud-based archiving and backup. Its data protection solutions include Barracuda Backup, Barracuda Message Archiver and CudaSign. Its solution suites combine its security and data protection offerings into services designed for cloud platforms and managed services environments. Its solution suites include Barracuda Essentials for Office 365 and Intronis ECHOplatform.

Recent Trading Activity for Barracuda Networks (NYSE:CUDA)
Shares of Barracuda Networks closed the previous trading session at 24.02 0.00 0.00% with 3,911,347 shares trading hands.

An ad to help with our costs