Insider Trading Activity Barracuda Networks Inc. (NYSE:CUDA) – Major Shareholder Sold 110,000 shares of Stock

Insider Trading Activity For Barracuda Networks Inc. (NYSE:CUDA)

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Dean M Drako , Major Shareholder of Barracuda Networks Inc. (NYSE:CUDA) reportedly Sold 110,000 shares of the company’s stock at an average price of 22.25 for a total transaction amount of $2,447,500.00 SEC Form

Insider Trading History For Barracuda Networks Inc. (NYSE:CUDA)

  • On 11/6/2013 James J Goetz, Director, bought 100,000 with an average share price of $21.45 per share and the total transaction amounting to $2,145,000.00.
  • On 11/8/2013 Gordon Stitt, Director, bought 2,500 with an average share price of $21.07 per share and the total transaction amounting to $52,675.00.
  • On 11/12/2013 Zachary S Levow, EVP, bought 20,000 with an average share price of $18.00 per share and the total transaction amounting to $360,000.00.
  • On 11/12/2013 Dipanjan Deb, Director, bought 560,000 with an average share price of $18.00 per share and the total transaction amounting to $10,080,000.00.
  • On 5/7/2014 Michael Hughes, SVP, sold 5,625 with an average share price of $24.19 per share and the total transaction amounting to $136,068.75.
  • On 5/29/2014 Michael D Perone, CMO, sold 21,970 with an average share price of $30.18 per share and the total transaction amounting to $663,054.60.
  • On 6/2/2014 William D Jenkins Jr, CEO, sold 7,500 with an average share price of $28.04 per share and the total transaction amounting to $210,300.00.
  • Analyst Ratings For Barracuda Networks Inc. (NYSE:CUDA)
    These are 3 Sell Ratings, 5 Hold Ratings, 10 Buy RatingsThe current consensus rating for Barracuda Networks Inc. (NYSE:CUDA) is Hold (Score: 2.39) with a consensus target price of $24.69 , a potential (12.57% upside)

    Analyst Ratings History For Barracuda Networks Inc. (NYSE:CUDA)

    • On 1/6/2015 Roth Capital Set Price Target of rating Buy with a price target of $45.00
    • On 4/28/2015 BMO Capital Markets Boost Price Target of rating Outperform with a price target of $46.00 to $50.00
    • On 9/30/2015 Macquarie Downgraded rating Outperform to Neutral
    • On 9/30/2015 JPMorgan Chase & Co. Reiterated Rating Buy
    • On 10/2/2015 Bank of America Corp. Lower Price Target of rating Buy with a price target of $42.00 to $30.00
    • On 1/8/2016 Topeka Capital Markets Lower Price Target of rating Buy with a price target of $42.00 to $26.00
    • On 1/8/2016 William Blair Downgraded rating Outperform to Market Perform

    About Barracuda Networks Inc. (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 Inc. (NYSE:CUDA)
    Shares of Barracuda Networks Inc. closed the previous trading session at 21.93 0.00 0.00% with 390,262 shares trading hands.

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