Aerohive Networks Inc. (NYSE:HIVE)’s compensation committee ran its tests and conducted its research on the compensation of the company’s named executives and peer groups. The committee after its research and deliberate discussions concluded that the compensation for the named executives was below the 25th percentile of Aerohive Networks Inc. (NYSE:HIVE)’s peer group.
On Friday, a total of 333,287 shares of Aerohive Networks Inc. (NYSE:HIVE) were exchanged in the market. Moreover, the share prices of the stocks increased by 8.05 percent on July 11. The company has a market capitalization of $2.89 billion, with insider ownership of 2.20 percent. As far as company’s year to date and quarterly performance is concerned, the figures are reported to be around -18.10 percent and -17.44 percent.
DragonWave, Inc. (USA) (NASDAQ:DRWI) released its financial reports for the first quarter of 2014, on Wednesday. Reported earnings of the first quarter surpassed the estimates and the stock prices increased by 1.3 percent on Friday. TD Securities has increased the price target of the company’s stocks from $1 to $2.75.
In the last trading session, DragonWave, Inc. (USA) (NASDAQ:DRWI)’s shares closed at a price of $2.27. As for the intra-day range of the stocks, the figures varied from $2.24 to$2.40. Company’s Gross profit Margin was reported to be 9.50 percent whereas its net profit stood at -49.60 percent.
InfoSonics Corporation (NASDAQ:IFON) held its 2014 Annual General Meeting on June 9, 2014. During the meeting, the shareholders had to vote on certain company’s matters. The matters revolved around the election of nominees into the board of directors as well as the ratification of contract with SingerLewak LLP; an accountancy firm that the company hired for the fiscal year 2014.
On Friday, InfoSonics Corporation (NASDAQ:IFON)’s shares price increased by 6.40 percent and ended at $2.16. The intraday range for company’s stocks was $2.03 to $2.19. Moreover, the company had a P/E ratio of 216.
Coming to the Barracuda Networks Inc. (NYSE:CUDA), the financial reports for the first quarter of fiscal year 2014 were way better than market predictions. However, the company’s stocks are running a little low. On July 11, the company opened its stocks at a price of $34.61; it closed at a price of $33.87. Moreover, Barracuda Networks Inc. (NYSE:CUDA)’s EPS growth for the current year was reported to be 33.30 percent.
As for Turtle Beach Corp (NASDAQ:HEAR), the company made some amendments into the Stockholder Agreement, on July 10. Turtle Beach Corp (NASDAQ:HEAR) had to get the consent of Juergen Stark, the company’s biggest shareholder, chairman of the board of directors, CEO of the company and some other stakeholders. The amendments made into the agreement restricted the shareholders rights to dispose of the company’s shares for a time period of 1 year: July 16, 2014 to 1st April 1, 2015. These restrictions, however, accommodated some exceptions including the selling off of company’s stocks via private sales. On July 11, the company’s stocks closed at $8.80. The stocks had an intraday range of $8.40 to $8.99. Moreover, the company has a gross margin of 28.90 percent and a net margin of -6.30 percent.
See Next Story: Apple’s Real Woes in China Concern Investors
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