Brocade Communications Systems, Inc

Cornelia Mascio
Marzo 21, 2017

Following the completion of the sale, the senior vice president now owns 11,226 shares of the company's stock, valued at approximately $138,865.62.

Considering the performance, Brocade Communications Systems, Inc. (BRCD) traded on a positive note gaining 0.02 points or 0.16% to be valued at $12.37 per share. (NASDAQ:BRCD) went up 0.32% during trading on the U.S. exchange when it had traded 3.77M shares. Brocade Communications Systems, Inc. has a 52-week low of 7.60 and a 52-week high of 12.54. Prelude Capital Limited Liability Company reported 881,442 shares or 1.33% of all its holdings. The stock rose 0.13% or $0.09 reaching $66.88 per share.

Brocade Communications Systems (NASDAQ:BRCD) last issued its quarterly earnings results on Thursday, February 23rd.

The company is expected to report earnings of $-0.61 per share for the current quarter, according to consensus agreement of 8 analysts.

14-day Williams %R for Brocade Communications Systems, Inc. The year ago sales the company reported in the same quarter is 523.31 Million. This sell decreased her ownership of the company to 0.00% total market cap or 11,226 shares. Zacks Investment Research raised shares of Brocade Communications Systems from a "hold" rating to a "buy" rating and set a $14.00 price objective for the company in a report on Thursday, November 24th.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 4th. The High end of the forecast is $0.29/share, while the Low end is $0.23/share. The ex-dividend date is Wednesday, March 8th. This represents a $0.22 dividend on an annualized basis and a yield of 1.77%. (NASDAQ:BRCD) to report earnings on May, 18.

11/02/2016 - Brocade Communications Systems, Inc. was upgraded to "neutral" by analysts at Robert W. Baird. Brocade Communications Systems's dividend payout ratio is presently 42.31%. Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Ellen Odonnell (SVP & General Counsel) sold 6,346 shares at 12.38 per share price.On Dec 15, 2016, Lloyd Carney (Chief Executive Officer) sold 649,309 shares at 12.40 per share price.On Nov 28, 2016, Gale E. England (COO and SVP Operations) sold 10,000 shares at 12.41 per share price.

Among 19 analysts covering United Continental (NYSE:UAL), 10 have Buy rating, 0 Sell and 9 Hold. Brocade Communications Systems now has an average rating of "Hold" and a consensus price target of $10.96. The number of shares now owned by investors are 406.38 mln. Acrospire Investment Management LLC increased its position in Brocade Communications Systems by 20.4% in the third quarter. While the actual EPS the company reported in the same quarter previous year was 0.22/share. $78,563 worth of Brocade Communications Systems, Inc. Brocade Communications Systems Inc. had 49 analyst reports since August 19, 2015 according to SRatingsIntel. The number of shares now owned by investors are 370.67 mln. (NASDAQ:BRCD). Foundry Partners Ltd Llc invested 0.3% of its portfolio in Brocade Communications Systems, Inc. Finally, Barry Investment Advisors LLC increased its position in Brocade Communications Systems by 14.9% in the third quarter. The Insider Ownership of the company now is 0.7 percent, and Institutional Ownership is 85.8 percent. (Brocade) is a supplier of networking hardware, software and services, including storage area networking (SAN) solutions and Internet protocol (IP) networking solutions for businesses and organizations of various types and sizes. The Company operates in four segments: Data Storage Global Services IP Layer 2-3 and IP Layer 4-7/ Application Delivery Products.

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