Proofpoint Inc (NASDAQ:PFPT) Big Money 2018 Q2 Sentiment at 1.25

November 10, 2018 - By Rhonda Roth

Proofpoint, Inc. (NASDAQ:PFPT) Corporate Logo

Proofpoint Inc’s Sentiment

“Big money sentiment for Proofpoint Inc (NASDAQ:PFPT) in 2018 Q2 increased to 1.25, according to Securities and Exchange Commission filings. That’s up 0.41, from 2018Q1’s 0.84. 140 investment professionals increased or opened new holdings, while 112 reduced and sold positions in Proofpoint Inc so the sentiment has improved. These funds own 46.73 million shares, that’s down from 49.43 million shares in 2018Q1. Funds holding Proofpoint Inc in top 10 was flat from 5 to 5 for the same number . 22 Investors Sold All; 90 Reduced Holdings; 83 increased stakes while 57 investment professionals bought stakes.

Significant Proofpoint Inc Shareholders

As of 2018 Q2 Glynn Capital Management Llc has 2.87% invested in Proofpoint Inc. Proofpoint Inc’s shareholder Falcon Point Capital Llc owns 103,132 shares as of 2018 Q2. Zevenbergen Capital Investments Llc reported 566,864 shares. The Massachusetts-based fund De Burlo Group Inc have invested about 2.07% of the active investment manager’s stock portfolio in Proofpoint Inc. The California-based fund Avalon Global Asset Management Llc holds 45,000 shares or 1.89% of their equity exposure.

Proofpoint, Inc. operates as a security-as-a-service well-known provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide.The firm is worth $4.88 billion. It offers threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions.Currently it has negative earnings. The firm provides email security products that include Enterprise Protection secure email gateway, Email Fraud Defense, Email Continuity, and Proofpoint Essentials, which are design to protect customers' mission-critical messaging infrastructure from outside threats, enable enterprises to authenticate their email to reduce consumer phishing, fight business email compromise attacks, and keep email operational in the event of a service well-known provider outage.

PFPT reached $89.28 during the last trading session after $3.51 change.Currently Proofpoint, Inc. is uptrending after 26.93% change in last November 10, 2017. PFPT has also 810,217 shares volume. PFPT outperformed by 11.31% the S&P 500.

The Pennsylvania-based Pnc Group Inc has invested 0% in Proofpoint, Inc. (NASDAQ:PFPT). Exane Derivatives accumulated 60 shs or 0% of the stock. Art Advsr Ltd Limited Liability Company accumulated 13,900 shs. Colorado-based Pub Employees Retirement Association Of Colorado has invested 0.01% in Proofpoint, Inc. (NASDAQ:PFPT). Ftb Advisors Inc has invested 0% of its capital in Proofpoint, Inc. (NASDAQ:PFPT). Azimuth Capital Mngmt Ltd Company stated it has 0.33% of its capital in Proofpoint, Inc. (NASDAQ:PFPT). Balyasny Asset Management has 0.2% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 386,528 shs. Columbia Prtn L L C Inv Mngmt has 20,072 shs for 0.66% of their capital. Advsrs Asset, Colorado-based fund reported 63,048 shs. Dupont Cap Mgmt reported 0.01% of its capital in Proofpoint, Inc. (NASDAQ:PFPT). Walleye Trading has invested 0% in Proofpoint, Inc. (NASDAQ:PFPT). The Pennsylvania-based Brinker Cap has invested 0.01% in Proofpoint, Inc. (NASDAQ:PFPT). Cubist Systematic Strategies Ltd Liability Com owns 87,794 shs. Assetmark owns 441 shs. Gideon stated it has 3,138 shs or 0.18% of all its holdings.

Proofpoint, Inc. registered $19.32 million net activity with 0 buys and 11 sales since May 17, 2018. 40,000 Proofpoint, Inc. (NASDAQ:PFPT) shs with value of $4.64 million were sold by Auvil Paul R. III. Shares for $192,698 were sold by Swaroop Bhagwat. Hahn Eric also sold $623,235 worth of Proofpoint, Inc. (NASDAQ:PFPT) shs. 1,040 shs were sold by Johnson Michael M, worth $119,913 on Thursday, August 16. On Wednesday, June 6 Lee Robert Darren had sold 4,711 shs worth $579,307. $6.25 million worth of Proofpoint, Inc. (NASDAQ:PFPT) was sold by Steele Gary.

Proofpoint, Inc. (NASDAQ:PFPT) Ratings Coverage

A total of 6 analysts rate Proofpoint (NASDAQ:PFPT) as follows: 5 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 83% are bullish. (NASDAQ:PFPT) has 7 ratings reports on 10 Nov 2018 according to StockzIntelligence. On Monday, October 29 the firm has “Overweight” rating given by Morgan Stanley. On Friday, October 26 the firm earned “Outperform” rating by Wells Fargo. On Friday, October 26 the firm earned “Hold” rating by Deutsche Bank. On Monday, October 29 the firm earned “Overweight” rating by KeyBanc Capital Markets. The company rating was upgraded by Goldman Sachs on Monday, October 29. On Friday, July 27 Morgan Stanley maintained Proofpoint, Inc. (NASDAQ:PFPT) rating. Morgan Stanley has “Overweight” rating and $139 target. On Friday, July 27 Stifel Nicolaus maintained Proofpoint, Inc. (NASDAQ:PFPT) with “Buy” rating.

For more Proofpoint, Inc. (NASDAQ:PFPT) news released recently go to: Seekingalpha.com, Benzinga.com, Nasdaq.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “Proofpoint: Recent Pullback A Great Entry Point” released on October 15, 2018, “Goldman Sachs, KeyBanc Turn Bullish On Proofpoint” on October 29, 2018, “Market Trends Toward New Normal in Teledyne Technologies, Hershey, Proofpoint, US Silica, World Fuel Services …” with a publish date: October 30, 2018, “Proofpoint Announces Third Quarter 2018 Financial Results” and the last “Proofpoint Signs New Corporate Headquarters Lease in Sunnyvale, California” with publication date: November 07, 2018.

Proofpoint, Inc. (NASDAQ:PFPT) Institutional Investors Chart

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