Cisco Systems INC Lowered Its Vmware INC (VMW) Stake as Stock Value Rose

March 21, 2018 - By Winifred Garcia

Investors sentiment increased to 1.22 in Q3 2017. Its up 0.01, from 1.21 in 2017Q2. It improved, as 42 investors sold VMW shares while 122 reduced holdings. 62 funds opened positions while 138 raised stakes. 87.77 million shares or 1.59% more from 86.40 million shares in 2017Q2 were reported. Mitsubishi Ufj Trust And Banking holds 0.04% of its portfolio in VMware, Inc. (NYSE:VMW) for 209,301 shares. First Citizens Retail Bank Comm holds 0.12% or 8,311 shares in its portfolio. Wright Investors holds 0.6% or 15,212 shares in its portfolio. The New Jersey-based Prudential Inc has invested 0.01% in VMware, Inc. (NYSE:VMW). Gargoyle Inv Advisor Ltd Liability Company invested in 4,285 shares. Hl Fincl Svcs Lc has 4,280 shares. Sandler Cap Mgmt holds 71,890 shares or 0.98% of its portfolio. Paloma Prtn Communication holds 0.04% in VMware, Inc. (NYSE:VMW) or 23,357 shares. Moreover, Creative Planning has 0.01% invested in VMware, Inc. (NYSE:VMW) for 16,766 shares. Ubs Asset Mngmt Americas Incorporated reported 0.05% stake. Toronto Dominion Savings Bank stated it has 0% of its portfolio in VMware, Inc. (NYSE:VMW). Highstreet Asset has 0.07% invested in VMware, Inc. (NYSE:VMW) for 7,119 shares. Gillespie Robinson Grimm Incorporated holds 259,509 shares or 3.78% of its portfolio. Comerica Bancorporation, a Michigan-based fund reported 46,599 shares. Guggenheim Capital Ltd Co holds 0.02% of its portfolio in VMware, Inc. (NYSE:VMW) for 70,472 shares.

Since December 8, 2017, it had 0 insider purchases, and 4 sales for $4.77 million activity. 2,581 shares valued at $335,220 were sold by Carli Maurizio on Wednesday, January 3. POONEN SANJAY sold 2,764 shares worth $327,534.

Cisco Systems Inc decreased its stake in Vmware Inc. (VMW) by 18.5% based on its latest 2017Q3 regulatory filing with the SEC. Cisco Systems Inc sold 800,000 shares as the company’s stock rose 1.43% with the market. The institutional investor held 3.53M shares of the technology company at the end of 2017Q3, valued at $384.90 million, down from 4.33M 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 $50.94B market cap company. The stock increased 0.45% or $0.57 during the last trading session, reaching $126.16. About 1.35M shares traded. VMware, Inc. (NYSE:VMW) has risen 57.35% since March 21, 2017 and is uptrending. It has outperformed by 40.65% the S&P500.

VMware, Inc. (NYSE:VMW) Ratings Coverage

Among 48 analysts covering VMware Inc (NYSE:VMW), 20 have Buy rating, 1 Sell and 27 Hold. Therefore 42% are positive. VMware Inc had 174 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Friday, June 2. As per Tuesday, September 1, the company rating was maintained by BMO Capital Markets. The firm has “Positive” rating given on Friday, September 11 by Susquehanna. The company was upgraded on Wednesday, June 21 by Stifel Nicolaus. Deutsche Bank maintained the shares of VMW in report on Tuesday, August 15 with “Hold” rating. The rating was maintained by FBR Capital with “Mkt Perform” on Wednesday, October 21. The stock of VMware, Inc. (NYSE:VMW) earned “Neutral” rating by Atlantic Securities on Wednesday, October 21. Oppenheimer maintained VMware, Inc. (NYSE:VMW) on Tuesday, September 1 with “Outperform” rating. The company was maintained on Monday, November 27 by BMO Capital Markets. The firm earned “Overweight” rating on Wednesday, September 27 by Morgan Stanley.

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