Vmware INC (VMW) Stock Rose While Gillespie Robinson & Grimm INC Trimmed Its Position by $3.04 Million

July 22, 2018 - By Sheila Anderson

VMware, Inc. (NYSE:VMW) LogoInvestors sentiment decreased to 0.74 in Q1 2018. Its down 0.13, from 0.87 in 2017Q4. It turned negative, as 68 investors sold VMW shares while 154 reduced holdings. 62 funds opened positions while 103 raised stakes. 79.49 million shares or 10.15% less from 88.47 million shares in 2017Q4 were reported. Architects holds 786 shares or 0.02% of its portfolio. 328,259 are held by Legal And General Gp Public Ltd. The Alabama-based Fjarde Ap has invested 0.05% in VMware, Inc. (NYSE:VMW). Cibc Ww Markets owns 0.01% invested in VMware, Inc. (NYSE:VMW) for 16,496 shares. Raymond James And Assocs has 0.03% invested in VMware, Inc. (NYSE:VMW) for 150,340 shares. Jefferies Group Inc Inc Inc invested 0.37% of its portfolio in VMware, Inc. (NYSE:VMW). Jane Street Gp Limited Liability Com has 0.03% invested in VMware, Inc. (NYSE:VMW) for 91,970 shares. 100 were accumulated by Thompson Davis Company. 13,531 are owned by Highstreet Asset Mngmt. Aviva Public Ltd Co invested 0.03% in VMware, Inc. (NYSE:VMW). Schroder Investment Grp Inc has invested 0.06% in VMware, Inc. (NYSE:VMW). Virginia Retirement System Et Al has 87,700 shares for 0.13% of their portfolio. Joel Isaacson & Lc reported 4,000 shares. Acadian Asset Ltd holds 0.02% in VMware, Inc. (NYSE:VMW) or 40,268 shares. Wells Fargo & Company Mn accumulated 884,239 shares or 0.03% of the stock.

Since June 1, 2018, it had 0 insider purchases, and 5 selling transactions for $16.62 million activity. Shares for $1.11M were sold by Rowe Zane on Tuesday, July 10. 38,000 shares were sold by Raghuram Rangarajan (Raghu), worth $5.89 million. $4.28 million worth of VMware, Inc. (NYSE:VMW) was sold by RAMASWAMI RAJIV. Shares for $2.14 million were sold by Krysler P. Kevan.

Gillespie Robinson & Grimm Inc decreased its stake in Vmware Inc (VMW) by 9.95% based on its latest 2018Q1 regulatory filing with the SEC. Gillespie Robinson & Grimm Inc sold 25,120 shares as the company’s stock rose 6.05% while stock markets declined. The institutional investor held 227,444 shares of the technology company at the end of 2018Q1, valued at $27.58 million, down from 252,564 at the end of the previous reported quarter. Gillespie Robinson & Grimm Inc who had been investing in Vmware Inc for a number of months, seems to be less bullish one the $61.95B market cap company. The stock increased 0.16% or $0.25 during the last trading session, reaching $152.25. About 1.66M shares traded. VMware, Inc. (NYSE:VMW) has risen 41.00% since July 22, 2017 and is uptrending. It has outperformed by 28.43% the S&P500.

Analysts await VMware, Inc. (NYSE:VMW) to report earnings on August, 23. They expect $1.13 earnings per share, up 28.41 % or $0.25 from last year’s $0.88 per share. VMW’s profit will be $459.76M for 33.68 P/E if the $1.13 EPS becomes a reality. After $0.87 actual earnings per share reported by VMware, Inc. for the previous quarter, Wall Street now forecasts 29.89 % EPS growth.

More recent VMware, Inc. (NYSE:VMW) news were published by: Globenewswire.com which released: “NTT Communications and VMware Expand Global Cloud Partnership” on June 28, 2018. Also Globenewswire.com published the news titled: “VMware Announces One-Time Special Dividend to Stockholders” on July 02, 2018. Seekingalpha.com‘s news article titled: “VMware Is Ready To Soar Without Dell” with publication date: July 17, 2018 was also an interesting one.

VMware, Inc. (NYSE:VMW) Ratings Coverage

Among 20 analysts covering VMware (NYSE:VMW), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. VMware had 26 analyst reports since January 24, 2018 according to SRatingsIntel. On Friday, June 1 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Credit Suisse maintained VMware, Inc. (NYSE:VMW) on Monday, May 21 with “Buy” rating. Citigroup downgraded it to “Hold” rating and $138.0 target in Monday, February 5 report. The rating was maintained by Barclays Capital on Friday, June 1 with “Overweight”. On Friday, June 1 the stock rating was maintained by BMO Capital Markets with “Outperform”. Morgan Stanley maintained VMware, Inc. (NYSE:VMW) rating on Friday, June 1. Morgan Stanley has “Overweight” rating and $150 target. Wells Fargo maintained VMware, Inc. (NYSE:VMW) rating on Tuesday, July 10. Wells Fargo has “Market Perform” rating and $155 target. The firm has “Buy” rating by Cowen & Co given on Monday, January 29. The rating was downgraded by Stifel Nicolaus to “Hold” on Friday, March 2. On Friday, March 2 the stock rating was maintained by KeyBanc Capital Markets with “Buy”.

VMware, Inc. (NYSE:VMW) Institutional Positions Chart

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