Cisco Systems INC Stake in Vmware INC (VMW) Cut by $124.38 Million as Market Valuation Declined

April 19, 2018 - By Migdalia James

VMware, Inc. (NYSE:VMW) LogoInvestors sentiment decreased to 0.87 in 2017 Q4. Its down 0.35, from 1.22 in 2017Q3. It worsened, as 41 investors sold VMW shares while 158 reduced holdings. 67 funds opened positions while 106 raised stakes. 88.47 million shares or 0.79% more from 87.77 million shares in 2017Q3 were reported. Amp Capital Investors Limited reported 0.04% of its portfolio in VMware, Inc. (NYSE:VMW). Pictet And Cie (Europe) Sa stated it has 7,900 shares. Weiss Multi owns 0.04% invested in VMware, Inc. (NYSE:VMW) for 12,500 shares. First Allied Advisory Services Incorporated holds 0.04% or 7,862 shares. 81,274 were accumulated by Denali Ltd Liability Corp. Hourglass Lc has 0.22% invested in VMware, Inc. (NYSE:VMW). Strategic Global Advisors Lc reported 11,370 shares stake. Rbf Cap Limited Company holds 0.21% of its portfolio in VMware, Inc. (NYSE:VMW) for 15,000 shares. Gru One Trading Lp reported 12,370 shares. Fred Alger Mngmt Inc has invested 0.2% in VMware, Inc. (NYSE:VMW). State Street Corporation invested in 0.02% or 1.83 million shares. Sterling Cap Limited Liability Corporation holds 28,002 shares. Envestnet Asset Mgmt invested in 18,742 shares or 0.01% of the stock. Susquehanna Intl Grp Inc Llp holds 23,724 shares. Sawgrass Asset Mgmt Lc invested in 192,110 shares or 1.1% of the stock.

Since December 8, 2017, it had 0 buys, and 4 selling transactions for $4.77 million activity. $2.82 million worth of stock was sold by Raghuram Rangarajan (Raghu) on Tuesday, December 12. Carli Maurizio sold $335,220 worth of stock or 2,581 shares.

Cisco Systems Inc decreased its stake in Vmware Inc. (VMW) by 28.23% based on its latest 2017Q4 regulatory filing with the SEC. Cisco Systems Inc sold 995,000 shares as the company’s stock declined 3.38% with the market. The institutional investor held 2.53 million shares of the technology company at the end of 2017Q4, valued at $317.06 million, down from 3.53 million at the end of the previous reported quarter. Cisco Systems Inc who had been investing in Vmware Inc. for a number of months, seems to be less bullish one the $55.74B market cap company. The stock increased 4.29% or $5.66 during the last trading session, reaching $137.54. About 4.23M shares traded or 30.61% up from the average. VMware, Inc. (NYSE:VMW) has risen 34.24% since April 19, 2017 and is uptrending. It has outperformed by 22.69% the S&P500.

VMware, Inc. (NYSE:VMW) Ratings Coverage

Among 21 analysts covering VMware (NYSE:VMW), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. VMware has $175.0 highest and $108 lowest target. $142.69’s average target is 3.74% above currents $137.54 stock price. VMware had 38 analyst reports since October 27, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, March 6 by Maxim Group. Maxim Group maintained VMware, Inc. (NYSE:VMW) rating on Friday, October 27. Maxim Group has “Hold” rating and $113.0 target. The stock has “Buy” rating by Stifel Nicolaus on Monday, November 27. As per Friday, March 2, the company rating was maintained by KeyBanc Capital Markets. The firm has “Buy” rating by Jefferies given on Thursday, March 1. On Friday, December 1 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The firm has “Hold” rating by Wells Fargo given on Wednesday, February 28. On Friday, December 1 the stock rating was downgraded by Gabelli to “Hold”. The stock has “Buy” rating by Robert W. Baird on Sunday, November 5. Jefferies maintained the stock with “Buy” rating in Friday, October 27 report.

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

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