Tigress Financial Believes VMware (VMW) Still Has Room to Grow


Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on VMware (NYSE: VMW) today. The company’s shares opened today at $155.74, close to its 52-week high of $165.

According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 19.8% and a 72.6% success rate. Feinseth covers the Services sector, focusing on stocks such as Bloomin’ Brands, Starbucks Corp, and Nordstrom Inc.

VMware has an analyst consensus of Moderate Buy, with a price target consensus of $173.21.

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The company has a one-year high of $165 and a one-year low of $108.19. Currently, VMware has an average volume of 1.56M.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Kevan Krysler, the Sr. VP, CAO of VMW sold 13,485 shares for a total of $2,139,079.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

VMware, Inc. engages in the provision of cloud infrastructure and business mobility. Its products include Software-Defined Data Center, Hybrid Cloud Computing, and End-User Computing. It supports modernizing data centers, integrating public clouds, empowering digital workspaces and transforming security.

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