Stock Research Monitor: HDP, NATI, and OKTA
LONDON, UK / ACCESSWIRE / June 22, 2018 / If you want a free Stock Review on NTNX sign up now at www.wallstequities.com/registration. WallStEquities.com redirects investors' attention to the Technical and System Software industry, which designs, develops, manufactures, and markets technical and system software. This type of software includes assemblers, compilers, file management tools, system utilities, and debuggers. Under evaluation this morning are these four stocks: Hortonworks Inc. (NASDAQ: HDP), National Instruments Corp. (NASDAQ: NATI), Nutanix Inc. (NASDAQ: NTNX), and Okta Inc. (NASDAQ: OKTA). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Thursday, shares in Santa Clara, California headquartered Hortonworks Inc. recorded a trading volume of 908,989 shares. The stock ended the day at $19.02, declining 3.11% from the last trading session. The Company's shares have advanced 8.62% in the past month and 40.68% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.58% and 2.82%, respectively. Furthermore, shares of Hortonworks, which provides data management platforms, services, and solutions in North America, Asia/Pacific, Europe, and Latin America, have a Relative Strength Index (RSI) of 59.23.
On June 15th, 2018, research firm Nomura initiated a 'Buy' rating on the Company's stock, with a target price of $26 per share.
On June 18th, 2018, Hortonworks announced that it has renewed and extended its long-standing relationship with Microsoft to give enterprise customers greater agility and flexibility when moving big data workloads to the cloud. Customers can deploy Hortonworks Data Platform, Hortonworks DataFlow, and Hortonworks DataPlane Service products natively on Microsoft Azure infrastructure as a service to extract value from data of all types. Get the full research report on HDP for free by clicking below at:
Austin, Texas headquartered National Instruments Corp.'s stock saw a slight decline of 0.80%, finishing yesterday's session at $43.33 with a total trading volume of 330,329 shares. The Company's shares have gained 3.83% in the last month and 10.17% over the past year. The stock is trading below its 50-day moving average by 1.61%. Additionally, shares of National Instruments, which designs, manufactures, and sells systems to engineers and scientists worldwide, have an RSI of 45.33.
On June 19th, 2018, National Instruments announced the NI-RFmx NB-IoT/eMTC measurement software, which complements the Company's existing RF test capabilities for wireless technologies ranging from 802.11a/b/g/n/ac/ax to Bluetooth to 2G/3G/4G/5G standards. NB-IoT and eMTC drive a wide range of machine-type communication applications by delivering on key performance criteria, such as extended range and lower power consumption. Get access to our top-rated research, including the free report on NATI at:
Shares in San Jose, California headquartered Nutanix Inc. ended the session 2.39% lower at $58.43. The stock recorded a trading volume of 2.79 million shares. The Company's shares have gained 3.60% in the last month, 10.52% over the previous three months, and 218.59% over the past year. The stock is trading 4.43% above its 50-day moving average and 47.88% above its 200-day moving average. Moreover, shares of Nutanix, which develops and provides an enterprise cloud operating system software, have an RSI of 51.46.
On May 29th, 2018, research firm FBN Securities reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $60 a share to $65 a share.
On June 06th, 2018, Nutanix announced that its Enterprise Cloud OS software is helping Swinburne University of Technology build and manage a hybrid cloud, eliminating time-consuming and administrative tasks for the university's IT team and final year students. With the Nutanix Enterprise Cloud OS software, the self-service portal works like an application store, where students may browse, choose, and deploy the IT solution they need for their final year projects, including complex mobile application development programs, with a single click. Click here to subscribe for a free membership which welcomes you with our report on NTNX at:
At the closing bell on Thursday, San Francisco, California headquartered Okta Inc.'s stock dropped slightly by 0.88%, finishing at $53.22. A total volume of 2.24 million shares was traded. The Company's shares have gained 9.71% in the last month, 35.73% over the previous three months, and 105.17% over the past year. The stock is trading 9.96% and 51.24% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Okta, which provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the US and internationally, have an RSI of 55.96.
On June 06th, 2018, Okta announced the continued expansion of its US and European operations, with new offices in Washington, D.C., Paris, and Stockholm. In addition, the Company is doubling its footprint in San Jose, California.
On June 07th, 2018, research firm Monness Crespi & Hardt reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $59 a share to $62 a share. To get free access to your research report on OKTA, sign up at:
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Wall St. Equities