Delisa Alexander Sells 10844 Shares of Red Hat Software (NYSE:RHT) Stock

Red Hat brings cloud-native capabilities to software partner ecosystem

Red Hat, Inc. (NYSE:RHT) has a Price to Book ratio of 20.842491. 92 funds acquired positions and 159 increased positions. 159.29 million shares or 1.06% more from 157.62 million shares in 2017Q3 were reported. Azimuth Management Lc invested 0.59% in Red Hat, Inc.

NYSE:RHT opened at $172.47 on Monday.

Doheny Asset Management Ca holds 4.67% of its portfolio in BGC Partners, Inc. for 662,717 shares. Benjamin F Edwards & stated it has 564 shares. Credit Suisse Ag, a Switzerland-based fund reported 365,370 shares.

After a recent scan, we can see that Red Hat, Inc.

Red Hat Software (NYSE:RHT) last issued its earnings results on Monday, March 26th. (NYSE:RHT). Qs has 16,799 shares for 0.02% of their portfolio. This information shouldn't be overlooked due to the greatly float size in the stock of 342.73M shares. 272,424 are held by Chevy Chase Trust Hldg. Kornitzer Capital Ks reported 230,894 shares. Wellington Mngmt Ltd Liability Partnership has 0% invested in Red Hat, Inc. (NYSE:RHT). Advisory Net Limited Liability Corporation holds 0.01% of its portfolio in Red Hat, Inc. Commonwealth Fincl Bank Of Australia owns 0% invested in Red Hat, Inc. The shares were sold at an average price of $164.23, for a total value of $3,371,477.67. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. This technical setup was reported by Barchart.com. Thrivent Fincl For Lutherans accumulated 2.20 million shares. The Price Range 52 Weeks is one of the tools that investors use to determine the lowest and highest price at which a stock has traded in the previous 52 weeks. The stock, after opening at $153.08, touched a high of $153.97 before paring much of its gains. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 2.86M shares traded or 57.74% up from the average. The Piotroski F-Score of Red Hat, Inc. RHT outperformed by 76.31% the S&P500.

At their recent Red Hat Summit in San Francisco, the firm said it has surpassed 150 customers worldwide now using the OpenShift platform. (NYSE:RHT) have been seen trading -5.12% off of the 50-day high and 14.71% away from the 50-day low. The earnings per share diference is $0.09 or 22.50 % up from last years number. RHT's profit would be $87.06 million giving it 84.06 P/E if the $0.49 EPS is correct. The open-source software company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.10. Deutsche Bank increased their target price on shares of Red Hat Software from $150.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, March 27th. Therefore 33% are positive. Red Hat had 41 analyst reports since December 4, 2017 according to SRatingsIntel. As per Wednesday, December 13, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained it with "Buy" rating and $145.0 target in Wednesday, December 20 report. The stock rating was maintained by J.P. Morgan with "Buy" on Tuesday, March 27. (NYSE:RHT) news were published by: Streetinsider.com which released: "Red Hat (RHT) PT Raised to $200 at Monness, Crespi, Hardt; "Open Source is Essential in the Age of Digital Disruption" on May 14, 2018. (NYSE:RHT) for 2,950 shs.

The stock increased 0.25% or $0.03 during the last trading session, reaching $12.18. (NYSE:RHT) earned "Market Perform" rating by BMO Capital Markets on Friday, March 23. The stock rating was maintained by JP Morgan with "Overweight" on Wednesday, March 28. On Monday, March 26 the stock of Red Hat, Inc. Also Benzinga.com published the news titled: "Nonprofit Fintech Organization Symphony Software Foundation Rebrands As FINOS" on April 24, 2018.

"Open Virtual Network (OVN) has been integrated with Red Hat Virtualization 4.2 to deliver a native SDN solution through Open vSwitch".

Software-Defined Networking (SDN) - Open Virtual Network (OVN) has been integrated with Red Hat Virtualization 4.2 to deliver a native SDN solution through Open vSwitch. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. The firm offers application development-related and other technology solutions, such as Red Hat JBoss Middleware, a solution for developing, deploying, and managing applications; integrating applications, data, and devices; and automating business processes in hybrid cloud environments; Red Hat cloud offerings, a software solution that enables clients to build and manage various cloud computing environments; Red Hat Mobile, a software development platform that enables clients to develop, integrate, deploy, and manage mobile applications for enterprises; and Red Hat Storage, a software solution that enables clients to manage large, unstructured, or semi-structured data in hybrid cloud environments.

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