Carbonite Inc (CARB) SVP Norman Guadagno Sells 1,280 Shares

Carbonite Inc (NASDAQ:CARB) SVP Norman Guadagno sold 1,280 shares of Carbonite stock in a transaction dated Friday, July 27th. The shares were sold at an average price of $36.20, for a total transaction of $46,336.00. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Carbonite opened at $34.60 on Thursday, MarketBeat.com reports. The stock has a market cap of $989.49 million, a P/E ratio of 65.96 and a beta of 0.28. Carbonite Inc has a 52-week low of $18.55 and a 52-week high of $41.25. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 3.02.

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Carbonite (NASDAQ:CARB) last released its earnings results on Monday, May 7th. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The firm had revenue of $64.03 million for the quarter, compared to analyst estimates of $63.51 million. Carbonite had a return on equity of 35.49% and a net margin of 0.14%. Carbonite’s revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 earnings per share. sell-side analysts anticipate that Carbonite Inc will post 1.02 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on CARB shares. Zacks Investment Research raised Carbonite from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Thursday, May 10th. B. Riley lifted their target price on Carbonite to $37.00 and gave the stock a “buy” rating in a report on Tuesday, May 8th. Craig Hallum reaffirmed a “buy” rating and set a $30.00 target price on shares of Carbonite in a report on Tuesday, May 8th. Lake Street Capital lifted their target price on Carbonite from $27.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, May 8th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $31.00 target price on shares of Carbonite in a report on Sunday, May 6th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. Carbonite currently has a consensus rating of “Buy” and a consensus target price of $35.38.

A number of large investors have recently added to or reduced their stakes in CARB. ETF Managers Group LLC acquired a new position in Carbonite during the first quarter worth about $52,523,000. Millennium Management LLC purchased a new position in Carbonite in the 1st quarter worth about $5,825,000. Carillon Tower Advisers Inc. purchased a new position in Carbonite in the 1st quarter worth about $5,325,000. Summit Trail Advisors LLC increased its stake in Carbonite by 3,277.3% in the 1st quarter. Summit Trail Advisors LLC now owns 120,436 shares of the technology company’s stock worth $120,000 after purchasing an additional 116,870 shares in the last quarter. Finally, Lyon Street Capital LLC increased its stake in Carbonite by 23.0% in the 1st quarter. Lyon Street Capital LLC now owns 372,416 shares of the technology company’s stock worth $10,726,000 after purchasing an additional 69,520 shares in the last quarter. 94.79% of the stock is currently owned by hedge funds and other institutional investors.

About Carbonite

Carbonite, Inc, together with its subsidiaries, provides backup, disaster recovery, high availability, and workload migration technology solutions in the United States. Its solutions include Carbonite Safe that offers annual and multi-year cloud backup plans for individuals or businesses; and Carbonite Endpoint Protection that protects the data, which resides on an organization's computers, laptops, tablets, and smartphones.

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Top Value Stocks To Own For 2019

tags:WWW,DXR,AFMD,INN,MPC,

Shares of Fitbit Inc (NYSE:FIT) gapped up prior to trading on Tuesday . The stock had previously closed at $6.11, but opened at $5.89. Fitbit shares last traded at $6.26, with a volume of 494885 shares traded.

A number of analysts have recently commented on the stock. Zacks Investment Research raised shares of Fitbit from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised shares of Fitbit from a “hold” rating to a “buy” rating in a research report on Tuesday. Cascend Securities assumed coverage on shares of Fitbit in a research report on Thursday, May 17th. They issued a “hold” rating on the stock. Bank of America cut their price objective on shares of Fitbit from $5.00 to $4.80 and set an “underperform” rating on the stock in a research report on Thursday, May 3rd. Finally, Morgan Stanley set a $4.00 price objective on shares of Fitbit and gave the stock a “sell” rating in a research report on Tuesday, May 1st. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $5.94.

Top Value Stocks To Own For 2019: Wolverine World Wide, Inc.(WWW)

Advisors' Opinion:

• [By Garrett Baldwin]
  While that is happening in the Middle East, trouble is brewing in Washington. In addition to reports that a Russian Oligarch paid Trump's lawyer $500,000, a U.S. telecom giant is now caught up with the same lawyer. AT&T Corporation (NYSE: T) confirmed Tuesday night that it paid Trump lawyer Michael Cohen for information on the administration. AT&T stock is up 0.6% in premarket hours. Four Stocks to Watch Today: TRIP, MTCH, FOXA, DIS Shares of TripAdvisor (Nasdaq: TRIP) popped nearly 20% after the company crushed earnings after the bell. In addition, the CFO Ernst Teunissen projected strong guidance for the rest of the year. The firm reported EPS of $0.30 on top of $378.0 million in revenue. Wall Street expected $0.16 per share on $360.84 million in revenue. Shares of Match Group (Nasdaq: MTCH) popped 3% after the company reported earnings after the bell. The dating site operator reported stronger than expected earnings and revenue figures on Tuesday. Overall, revenue jumped 36% compared to the same period in 2017. The firm also reported stronger than expected guidance. Of course, all anyone is talking about how Facebook Inc. (Nasdaq: FB) could impact the dating industry with its new plugin. Shares of 21st Century Fox (NYSE FOXA) are in focus as the firm prepares to report earnings before the bell. However, investors are more likely focused today on the expected bidding war between the Walt Disney Co. (NYSE: DIS) and Comcast Corporation (Nasdaq: CMCSA) to purchase key assets of the company. Fox is also tied up in a bidding war with Comcast to purchase British television provider Sky (OTC MKTS: SKYAY). Look for additional earnings reports from Booking Holdings (Nasdaq: BKNG), com International (Nasdaq: CTRP), Sina Corp. (Nasdaq: SINA), Albermarle Corp. (NYSE: ALB), Mylan Inc. (NYSE: MYL), SolarEdge Technologies (Nasdaq: SEDG), Wolverine World Wide (NYSE: WWW), IAC Interactive Corp. (NYSE: IAC), and Cavium Inc. (Nasdaq: CAVM).

  Eight Seconds

• [By Lisa Levin] Companies Reporting Before The Bell Anheuser-Busch InBev SA/NV (NYSE: BUD) is estimated to report quarterly earnings at $0.89 per share on revenue of $13.06 billion. SINA Corporation (NASDAQ: SINA) is expected to report quarterly earnings at $0.42 per share on revenue of $433.32 million. Weibo Corporation (NASDAQ: WB) is projected to report quarterly earnings at $0.47 per share on revenue of $342.39 million. Ameren Corporation (NYSE: AEE) is estimated to report quarterly earnings at $0.57 per share on revenue of $1.55 billion. Mylan N.V. (NASDAQ: MYL) is projected to report quarterly earnings at $0.98 per share on revenue of $2.75 billion. Cinemark Holdings, Inc. (NYSE: CNK) is estimated to report quarterly earnings at $1.31 per share on revenue of $1.51 billion. ADT Inc. (NYSE: ADT) is expected to report quarterly earnings at $0.24 per share on revenue of $1.11 billion. Coty Inc. (NYSE: COTY) is projected to report quarterly earnings at $0.13 per share on revenue of $2.18 billion. Pinnacle Entertainment, Inc. (NYSE: PNK) is estimated to report quarterly earnings at $0.31 per share on revenue of $644.94 million. Conduent Incorporated (NYSE: CNDT) is estimated to report quarterly earnings at $0.21 per share on revenue of $1.44 billion. Delphi Technologies PLC (NYSE: DLPH) is projected to report quarterly earnings at $1.16 per share on revenue of $1.25 billion. Office Depot, Inc. (NASDAQ: ODP) is expected to report quarterly earnings at $0.08 per share on revenue of $2.72 billion. Global Partners LP (NYSE: GLP) is estimated to report quarterly earnings at $0.13 per share on revenue of $2.33 billion. Wolverine World Wide, Inc. (NYSE: WWW) is projected to report quarterly earnings at $0.37 per share on revenue of $530.99 million. Performance Food Group Company (NYSE: PFGC) is expected to report quarterly earnings at $0.32 per share on revenue of $4.46 billion. Groupon, Inc. (NASDAQ: GRPN) is projected to report
• [By Ethan Ryder]

  Wolverine World Wide (NYSE:WWW)’s share price gapped up prior to trading on Thursday following a better than expected earnings announcement. The stock had previously closed at $33.18, but opened at $32.32. Wolverine World Wide shares last traded at $31.45, with a volume of 29527 shares changing hands.

Top Value Stocks To Own For 2019: Daxor Corporation(DXR)

Advisors' Opinion:

• [By Logan Wallace]

  Daxor Co. (NYSEAMERICAN:DXR) saw a significant growth in short interest in the month of March. As of March 29th, there was short interest totalling 234,045 shares, a growth of 1,257.4% from the March 15th total of 17,242 shares. Based on an average daily trading volume, of 1,214,477 shares, the days-to-cover ratio is presently 0.2 days. Currently, 33.3% of the company’s shares are short sold.

• [By Lisa Levin]

  Check out these big penny stock gainers and losers

  Losers Verastem, Inc. (NASDAQ: VSTM) fell 9.7 percent to $4.73 in pre-market trading after announcing a $35 million common stock offering. Evolus, Inc. (NASDAQ: EOLS) shares fell 8 percent to $13.48 in pre-market trading ahead of regulatory update at 8:30 a.m. ET. XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) fell 6.5 percent to $2.01 in pre-market trading after climbing 10.50 percent on Tuesday. Purple Innovation, Inc. (NASDAQ: PRPL) shares fell 5.8 percent to $9.36 in pre-market trading after reporting Q1 results. Blink Charging Co. (NASDAQ: BLNK) fell 5.7 percent to $5.15 in pre-market trading after declining 5.04 percent on Tuesday. RYB Education, Inc. (NYSE: RYB) shares fell 5 percent to $16.39 in pre-market trading following Q1 results. Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares fell 4.4 percent to $4.30 in pre-market trading after rising 40.62 percent on Tuesday. Arbor Realty Trust, Inc. (NYSE: ABR) fell 4.4 percent to $8.92 in pre-market trading after announcing a 5.5 million share common stock offering. Daxor Corporation (NYSE: DXR) fell 4.1 percent to $7.32 in pre-market trading. Ormat Technologies, Inc. (NYSE: ORA) shares fell 3.8 percent to $51.03 in pre-market trading after the company announced plans to restate its Q2, Q3, Q4 and FY 2017 financial statements. Canadian Solar Inc. (NASDAQ: CSIQ) fell 3.5 percent to $16.20 in pre-market trading after reporting Q1 results. CELYAD SA/ADR (NASDAQ: CYAD) shares fell 3.3 percent to $29.70 in pre-market trading after the company reported launch of 1.8 million share offering

Top Value Stocks To Own For 2019: Affimed N.V.(AFMD)

Advisors' Opinion:

• [By Chris Lange]

  Affimed N.V. (NASDAQ: AFMD) shares dropped sharply early on Friday after the company released new results from its early stage trial with Keytruda. Affimed presented new interim data from the Phase 1b dose escalation study evaluating AFM13, its lead NK cell engager candidate, at the European Hematology Association (EHA) 23rd Congress in Stockholm, Sweden

Top Value Stocks To Own For 2019: Summit Hotel Properties, Inc.(INN)

Advisors' Opinion:

• [By Stephan Byrd]

  Innova (INN) is a proof-of-work (PoW) coin that uses the NeoScrypt hashing algorithm. It was first traded on October 19th, 2017. Innova’s total supply is 4,032,857 coins and its circulating supply is 3,282,857 coins. Innova’s official website is innovacoin.info. Innova’s official Twitter account is @InnovaCoin.

• [By Shane Hupp]

  New York State Common Retirement Fund reduced its position in Summit Hotel Properties Inc (NYSE:INN) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 186,900 shares of the real estate investment trust’s stock after selling 6,700 shares during the period. New York State Common Retirement Fund owned about 0.18% of Summit Hotel Properties worth $2,544,000 as of its most recent SEC filing.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Summit Hotel Properties (INN)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Value Stocks To Own For 2019: Marathon Petroleum Corporation(MPC)

Advisors' Opinion:

• [By Ezra Schwarzbaum]

  The upgrade makes Valero one of Morgan Stanley’s top R&M picks along with Marathon Petroleum Corp (NYSE: MPC).

  Price Action

  Valero Energy shares were up 4.7 percent at $120.36 at the time of publication Thursday morning. 

• [By Joseph Griffin]

  Traders bought shares of Marathon Petroleum Corp (NYSE:MPC) on weakness during trading on Thursday. $138.21 million flowed into the stock on the tick-up and $102.43 million flowed out of the stock on the tick-down, for a money net flow of $35.78 million into the stock. Of all companies tracked, Marathon Petroleum had the 13th highest net in-flow for the day. Marathon Petroleum traded down ($1.22) for the day and closed at $69.60

• [By Stephan Byrd]

  Element Capital Management LLC acquired a new position in Marathon Petroleum Corp (NYSE:MPC) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,725 shares of the oil and gas company’s stock, valued at approximately $1,515,000.

• [By Lisa Levin] Gainers Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 34.7 percent to $45.50 in pre-market trading following news that the FDA has approved Andexxa for the reversal of factor Xa inhibitors. Euro Tech Holdings Company Limited (NASDAQ: CLWT) rose 15.7 percent to $6.65 in pre-market trading after climbing 155.56 percent on Thursday. China Recycling Energy Corporation (NASDAQ: CREG) rose 14.7 percent to $2.75 in pre-market trading after climbing 57.89 percent on Thursday. Pandora Media, Inc. (NYSE: P) rose 11 percent to $6.40 in pre-market trading after reporting strong quarterly results. Fred's, Inc. (NASDAQ: FRED) rose 9.2 percent to $1.90 in pre-market trading following Q4 results. Shake Shack Inc (NYSE: SHAK) rose 9.1 percent to $51.70 in pre-market trading after the company reported upbeat results for its first quarter and raised its FY18 guidance. Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) rose 9 percent to $12.55 in pre-market trading after the company posted Q1 results and agreed to acquire HealthGrid. Weight Watchers International, Inc. (NYSE: WTW) rose 7.6 percent to $75 in pre-market trading after the company reported stronger-than-expected results for its first quarter. The company also raised its FY18 earnings outlook from $2.40-$2.70 to $3-$3.20. Viavi Solutions Inc. (NASDAQ: VIAV) rose 7.5 percent to $10.15 in pre-market trading following Q3 results. Pearson plc (NYSE: PSO) rose 4.5 percent to $11.83 in pre-market trading after reporting strong quarterly earnings. Alibaba Group Holding Ltd (NYSE: BABA) shares rose 4.4 percent to $190.50 in the pre-market trading session as the company posted upbeat Q4 results. Aqua Metals, Inc. (NASDAQ: AQMS) shares rose 3.9 percent to $4.30 in pre-market trading after gaining 6.98 percent on Thursday. Newell Brands Inc (NYSE: NWL) shares rose 3.6 percent to $27.65 in pre-market trading after reporting upbeat quarterly earnings. HMS Holdings Corp (NASDAQ: H
• [By Matthew DiLallo]

  On top of that, another growth driver recently emerged when its parent, refining giant Marathon Petroleum (NYSE:MPC), agreed to acquire fellow refiner Andeavor (NYSE:ANDV). That's worth noting because Andeavor owns several midstream assets and a stake in MLP Andeavor Logistics (NYSE:ANDX). It's highly likely that Marathon Petroleum will eventually drop down the midstream assets it acquires in the deal to MPLX, as well as merge Andeavor Logistics into its MLP.

How to pay off your mortgage early

With the average 30-year fixed mortgage rate now climbing over 4.7 percent, it's no surprise that many homeowners are looking for ways to pay their mortgage off early -- and save themselves thousands of dollars in the process. There are several ways to go about this. Below, I'll highlight each of them and explain when you may not want to speed up your mortgage payments.

Should you pay your mortgage off early?

Sticking to your fixed-rate 30-year mortgage will cost you a lot more in interest than paying it off early, but there are times when it is the smarter play. If you have a lot of high-interest debt, like credit card debt, you're better off putting any extra funds toward that instead of your mortgage. You may also want to stick to your standard mortgage payments if you don't have any sort of emergency fund in place. Most experts recommend keeping at least three to six months' worth of living expenses in a savings account in case of job loss or an unexpected emergency.

But assuming your finances are in good shape, isn't it a good idea to pay off your mortgage early? Maybe. There are a couple of questions you need to ask yourself first. First, will your lender allow you to pay your mortgage off early without penalty? And second, is there a better place to put that extra cash?

Check with your lender to see what its policies are on extra mortgage payments. Some lenders only allow you to make extra payments at specific times of the year, so you'll need to plan accordingly. There may also be prepayment penalties if you pay off your mortgage within a specific number of years. In that case, you'll have to decide if the fees are worth what you're saving in interest.

It's a good idea to explore other options for your spare cash before you go making an extra mortgage payment each year. If you have investment accounts, you may prefer to put your money there instead. It's not uncommon for these accounts to yield an average rate of return of about 8 percent, provided you know what you're doing. Over the lifetime of your mortgage, that can help make up for the 4 percent you're paying in interest on your home.

More:What keeps 55% of Americans from saving for emergencies? Student loan debt

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Strategies for paying your mortgage off early

If you've evaluated all of your options and you still want to pay your mortgage off early, there are a few different ways you can go about this.

First, you can refinance your 30-year mortgage for a 15-year mortgage. Say you have a $200,000 mortgage with a 4.25 percent interest rate. Over 30 years, you'll pay $354,197. But let's say after five years, you switch to a 15-year mortgage at a 4 percent interest rate. You'll save $52,372, and you'll pay off the mortgage 10 years ahead of schedule. You will have to pay closing costs, so this is only a smart option if you can score a lower interest rate than the one on your existing mortgage.

If this isn't the case, then rather than refinancing, you can pay your 30-year mortgage off in 15 years by simply doubling the payments you make each month. If you can't afford to do that, you may feel more comfortable paying just 1/12 extra each month. In our example above, your monthly payment would be $984. Add 1/12 to that, and you get $1,066 per month. That extra cost would be pretty easy for most people to absorb, and over the course of each year it'll add up to one extra mortgage payment. You'll save $24,885 over the lifetime of your loan, and you'll pay it off four years and three months early.

You can achieve the same effect by making a single extra payment each year or by setting up biweekly payments, if your lender allows this. You'll pay half of your monthly mortgage payment every other week, so it won't feel like you're paying that much more. But because there are 52 weeks in a year, and you're paying every other one, that adds up to 26 half-payments, or 13 full payments, each year. Whichever method you choose, be sure to note on the check or elsewhere that the money is to be applied to the loan principal rather than your next month's payment.

Another way to pay your mortgage off early is to put all of your unexpected or extra income toward your mortgage. This includes tax returns, bonuses, and any financial gifts you receive from friends or family. The advantage of this strategy is that you don't have to set aside any money in your monthly budget for an extra mortgage payment. The disadvantage is that this makes it much harder to predict when you'll pay the loan off. Still, every little bit counts, and if you're contributing extra money whenever you can, you'll probably be able to knock a few thousand dollars off your mortgage.

Paying your mortgage off early is pretty simple once you have a strategy in place. By following one of the methods listed above, you can save yourself a lot of money without putting a huge strain on your monthly budget.

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