Aruba Networks (ARUN) - FREE Research Report

Melkote Keerti who is Chief Technology Officer at Aruba Networks sold 14,730 shares at $17.61 on Sept. 19, 2013. Following this transaction, the Chief Technology Officer owned 105,813 shares meaning that the stake was reduced by 12.22% with the 14,730 share transaction.

Galvin Michael M who is Chief Financial Officer at Aruba Networks sold 2,133 shares at $17.67 on Sept. 19, 2013. Following this transaction, the Chief Financial Officer owned 262,805 shares meaning that the stake was reduced by 0.81% with the 2,133 share transaction.

The shares most recently traded at $17.83, up $0.16, or 0.9% since the insider transaction. Historical insider transactions for Aruba Networks go as follows:

  • 4-Week # shares sold: 14,012
  • 12-Week # shares sold: 14,012
  • 24-Week # shares sold: 70,518

The average volume for Aruba Networks has been 2.0 million shares per day over the past 30 days. Aruba Networks has a market cap of $2.0 billion and is part of the technology sector and computer hardware industry. Shares are down 12.44% year to date as of the close of trading on Thursday.

Aruba Networks, Inc. provides network access solutions for the mobile enterprises worldwide. The company has a P/E ratio of 27.8. Currently there are 7 analysts that rate Aruba Networks a buy, 1 analyst rates it a sell, and 12 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on ARUN - FREE

TheStreet Quant Ratings rates Aruba Networks as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Aruba Networks Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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