Barracuda Networks Inc (CUDA) Expected to Announce Earnings of $0.18 Per Share

(OCLR) stake by 125% reported in 2017Q3 SEC filing. S Squared Technology Llc acquired 125,000 shares as Oclaro Unc. Subscription revenue surged to $77.3 million, a jump pf 13% over the third quarter of FY 2017, exhibiting 82% of total revenue. Oclaro Unc. now has $1.17B valuation. The stock decreased 0.66% or $0.22 during the last trading session, reaching $33.12. Shares of CUDA have uptrended 6.68% in the past three months, while the S&P 500 has moved -1.16% in that time. Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) has risen 6.36% since January 9, 2017 and is uptrending. It has outperformed by 34.87% the S&P500.

Among 23 analysts covering Barracuda Networks (NYSE:CUDA), 7 have Buy rating, 0 Sell and 16 Hold. Stifel Nicolaus initiated Barracuda Networks, Inc. Strs Ohio now owns 95,936 shares of the company's stock valued at $1,452,000 after buying an additional 18,000 shares in the last quarter. That's a potential 1.57 increase relative to where Barracuda Networks, Inc.

NYSE:CUDA) shares were trading lower by -0.04 percent ($-0.01) at $27.45 a piece in Tuesday's session. About 640,972 shares traded.

Barracuda Networks (NYSE:CUDA) last posted its quarterly earnings results on Tuesday, October 10th. It has outperformed by 21.50% the S&P500.

Since August 1, 2017, it had 0 insider buys, and 19 insider sales for $74.39 million activity. Globeflex Cap L P holds 0.44% of its portfolio in Barracuda Networks, Inc. Driggs Dustin sold $30,034 worth of stock or 1,250 shares. (NYSE:CUDA) on Monday, September 18. 16,500 shares were sold by Jenkins William D Jr, worth $396,000. Rothschild Asset Mgmt Inc reported 900,328 shares. Weiss Multi owns 130,924 shares. Regenxbio Inc was reduced too.

Gross billings came at $110.6 million as against $100.4 million in Q3 2017. Its up 0.28, from 0.82 in 2017Q2. (NYSE:CUDA) for 21,762 shares. 38 funds opened positions while 59 raised stakes. Its down 2.38% from 79,800 shares previously. Globeflex Lp invested in 0.44% or 63,136 shares. Legal & General Group Plc boosted its stake in shares of Barracuda Networks by 15.7% in the 2nd quarter.

Burning Stock on the move: Apple Inc. (NASDAQ:AAPL)
SCHILLER PHILIP W sold 56,808 shares worth $8.79M. (NASDAQ:ENSG) was sold by Hubenette Antoinette T. on Tuesday, September 12. It dropped, as 59 investors sold TJX shares while 374 reduced holdings. 106 funds opened positions while 696 raised stakes.

The consensus recommendation for Barracuda Networks, Inc. (NYSE:CUDA). Fil owns 0% invested in Barracuda Networks, Inc. (NYSE:CUDA). Renaissance Grp Limited Com reported 14,199 shares. Texas Permanent School Fund holds 0.01% or 29,388 shares in its portfolio. Exane Derivatives stated it has 7,624 shares.

Ahl Prtnrs Llp holds 0.02% of its portfolio in Barracuda Networks, Inc. (NYSE:CUDA). Stifel Financial holds 0% in Barracuda Networks, Inc. Barracuda Networks, Inc.is headquartered in Campbell, California. (NYSE:CUDA). Moreover, Soros Fund Management Llc has 0.02% invested in Barracuda Networks, Inc. Therefore 30% are positive.

For Q3 2018, Barracuda revenue came at $94.7 million, as against $88.8 million in Q3 2017. The firm has "Overweight" rating by Piper Jaffray given on Wednesday, October 12. The firm has "Equal-Weight" rating by Stephens given on Friday, January 8. The stock has "Mkt Perform" rating by JMP Securities on Tuesday, January 3. On Wednesday, September 30 the stock rating was downgraded by Macquarie Research to "Neutral". $30,034 worth of Barracuda Networks, Inc. (NYSE:CUDA) rating on Friday, October 20. Needham has "Buy" rating and $28.0 target. (NYSE:CUDA) on Friday, August 12 to "Underperform" rating. Northland Capital maintained Barracuda Networks, Inc.

A number of research firms have weighed in on CUDA. The company was maintained on Friday, October 2 by Imperial Capital. Keefe Bruyette & Woods maintained it with "Hold" rating and $4200 target in Friday, June 9 report. The stock of Assured Guaranty Ltd. (NYSE:AGO) has "Buy" rating given on Wednesday, August 12 by Zacks. Its down 0.23, from 1.51 in 2017Q2. Diamond Hill Management reported 73,976 shares. (NASDAQ:OCLR). Leucadia National holds 0.01% in Oclaro, Inc. Millrace Asset Group Inc Inc has invested 1.77% in Oclaro, Inc. Amer Century Cos Inc holds 0% of its portfolio in Barracuda Networks, Inc. (NASDAQ:OCLR) for 20 shares. Creative Planning invested in 34,594 shares or 0% of the stock. Comerica Fincl Bank invested in 0.01% or 177,564 shares.

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