VMware (VMW Quick QuoteVMW – Free Report) appears an attractive pick given a noticeable improvement in the company’s earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts’ growing optimism on the earnings prospects of this cloud computing company … Read more
On Friday, June 16th, our subscribers opened their email to find my June Vertical Options Trader picks. After looking over the trades, subscribers logged into their brokerage accounts and bought call spreads on Wayfair (W). At the time, each spread cost about $286. By Friday, July 14th, those subscribers closed out each position for $819. However, … Read more
Cambridge Investment Research Advisors Inc. recently reduced its position in VMware, Inc. (NYSE:VMW) by 15.6% during the first quarter of this year, as confirmed by its most recent disclosure with the Securities and Exchange Commission (SEC). The fund now holds 13,128 shares of the virtualization software provider’s stock after selling 2,430 shares during that period. … Read more
Cambridge Investment Research Advisors Inc. decreased its position in VMware, Inc. (NYSE:VMW – Free Report) by 15.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 13,128 shares of the virtualization software provider’s stock after selling 2,430 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in … Read more
VMware’s (VMW Quick QuoteVMW – Free Report) second-quarter fiscal 2024 non-GAAP earnings of $1.83 per share beat the Zacks Consensus Estimate of $1.66 and grew 11.6% year over year. Revenues of $3.41 billion surpassed the consensus mark by 0.58% and improved 2.2% on a year-over-year basis. Top-Line Details Region-wise, U.S. revenues (47.6% of revenues) decreased … Read more
Vinva Investment Management Ltd, a leading investment firm, recently acquired a new stake in VMware, Inc. This strategic move showcases Vinva’s confidence in the virtualization software provider and its potential for growth. According to their latest filing with the Securities & Exchange Commission, Vinva purchased 5,965 shares of VMware stock, equivalent to approximately $740,000. VMware, … Read more
VMware (VMW Quick QuoteVMW – Free Report) is slated to release its second-quarter fiscal 2024 results on Aug 31. The Zacks Consensus Estimate for quarterly earnings has been unchanged over the past 30 days at $1.66 per share, suggesting 1.22% growth from the figure reported in the year-ago quarter. Further, the consensus mark for revenues … Read more
Federated Hermes Inc., an investment management company, recently acquired a new position in VMware, Inc. during the first quarter of this year. According to their Form 13F filing with the Securities & Exchange Commission (SEC), Federated Hermes Inc. purchased 1,970 shares of VMware’s stock, amounting to a total value of approximately $246,000. VMware is a … Read more
Federated Hermes Inc. bought a new position in VMware, Inc. (NYSE:VMW – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,970 shares of the virtualization software provider’s stock, valued at approximately $246,000. Other large investors have also bought and sold … Read more
Broadcom CEO Hock E. Tan vows to “immediately” invest more in its new subsidiary to boost R&D efforts and boost the deployment of VMware’s technology. Source link