Massmutual Trust Co. FSB ADV boosted its stake in shares of VMware, Inc. (NYSE:VMW) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,138 shares of the virtualization software provider’s stock after purchasing an additional 187 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in VMware were worth $1,939,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of VMW. Nkcfo LLC bought a new position in VMware in the fourth quarter worth approximately $120,000. Bank of Montreal Can increased its stake in shares of VMware by 1.3% in the fourth quarter. Bank of Montreal Can now owns 173,961 shares of the virtualization software provider’s stock worth $23,855,000 after purchasing an additional 2,254 shares in the last quarter. Ackerman Capital Advisors LLC increased its stake in shares of VMware by 10,184.8% in the fourth quarter. Ackerman Capital Advisors LLC now owns 205,695 shares of the virtualization software provider’s stock worth $1,500,000 after purchasing an additional 203,695 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of VMware by 183.1% in the fourth quarter. Hsbc Holdings PLC now owns 196,028 shares of the virtualization software provider’s stock worth $26,881,000 after purchasing an additional 126,788 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in shares of VMware by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 95,841 shares of the virtualization software provider’s stock worth $13,143,000 after purchasing an additional 252 shares in the last quarter. Institutional investors own 17.92% of the company’s stock.
In other news, VP Amy Fliegelman Olli sold 1,723 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $178.98, for a total value of $308,382.54. Following the completion of the sale, the vice president now owns 34,332 shares in the company, valued at approximately $6,144,741.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Sanjay Poonen sold 30,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $191.97, for a total transaction of $5,759,100.00. Following the completion of the sale, the chief operating officer now owns 237,804 shares of the company’s stock, valued at approximately $45,651,233.88. The disclosure for this sale can be found here. Insiders sold a total of 278,577 shares of company stock valued at $50,633,077 in the last 90 days. Company insiders own 29.90% of the company’s stock.
Shares of NYSE:VMW traded down $0.98 on Friday, reaching $188.09. The company’s stock had a trading volume of 1,409,197 shares, compared to its average volume of 1,031,662. VMware, Inc. has a 52-week low of $129.33 and a 52-week high of $194.24. The stock has a market capitalization of $77.20 billion, a P/E ratio of 38.15, a PEG ratio of 2.97 and a beta of 0.77. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 7.70.
VMware (NYSE:VMW) last issued its quarterly earnings data on Thursday, February 28th. The virtualization software provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.50 billion. VMware had a net margin of 26.99% and a return on equity of 25.50%. During the same period last year, the company posted $1.68 EPS. On average, analysts expect that VMware, Inc. will post 4.94 earnings per share for the current year.
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VMware, Inc provides software in the areas of hybrid cloud, multi-cloud, modern applications, networking and security, and digital workspaces in the United States and internationally. The company offers compute products, including VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; and cloud management products for businesses with automated operation, programmable provisioning, and application monitoring solutions.
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