Aerohive Networks Company Profile (NYSE:HIVE)

About Aerohive Networks

Aerohive Networks logoAerohive Networks, Inc., together with its subsidiaries, is engaged in designing and development of a cloud-managed mobile networking platform that enables enterprises to deploy a mobile-centric network edge. The Company's portfolio of products and solutions is built around sets of technologies and capabilities, which include Enterprise Cloud Networking, Wireless Fidelity (Wi-Fi) Connectivity and Application and Insights. The Company conducts its business in the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). Its product portfolio includes hardware products, cloud-based network management and applications, and support services. Its hardware products include access points, branch routers and access switches. Its hardware products are developed by its hardware design team working in conjunction with original design manufacturer (ODM) partners, and leverage the commercially available Wi-Fi radios, network processors, crypto accelerators and switching chips.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: HIVE
  • CUSIP:
Key Metrics:
  • Previous Close: $5.01
  • 50 Day Moving Average: $5.60
  • 200 Day Moving Average: $5.92
  • 52-Week Range: $43,606,000.00 - $4.55
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 100.20
  • P/E Growth: -1.57
  • Market Cap: $218.47M
  • Outstanding Shares: 43,606,000
  • Beta: 1.66
Profitability:
  • Net Margins: -21.26%
  • Return on Equity: -107.34%
  • Return on Assets: -23.77%
Debt:
  • Current Ratio: 1.65%
  • Quick Ratio: 1.44%
Additional Links:
Companies Related to Aerohive Networks:

Analyst Ratings

Consensus Ratings for Aerohive Networks (NYSE:HIVE) (?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $6.46 (28.88% upside)

Analysts' Ratings History for Aerohive Networks (NYSE:HIVE)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017William BlairReiterated RatingOutperformView Rating Details
2/6/2017JMP SecuritiesDowngradeOutperform -> Market Perform$4.99 -> $5.24View Rating Details
12/16/2016DA DavidsonInitiated CoverageBuy$10.00View Rating Details
10/15/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$7.00 -> $6.00View Rating Details
10/14/2016WunderlichDowngradeBuy -> Hold$8.00 -> $5.00View Rating Details
10/14/2016Buckingham ResearchDowngradeBuy -> Neutral$8.00 -> $5.00View Rating Details
8/5/2016Piper Jaffray CompaniesReiterated RatingOverweight$7.20 -> $7.50View Rating Details
2/6/2016Bank of America CorpReiterated RatingUnderperform$7.00 -> $6.00View Rating Details
2/4/2016Dougherty & CoBoost Price Target$6.00 -> $7.00View Rating Details
6/3/2015Citigroup Inc.Initiated CoverageNeutralView Rating Details
4/14/2015StephensDowngradeOverweight -> Equal WeightView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Aerohive Networks (NYSE:HIVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/14/2017Q416($0.07)($0.04)$44.07 million$41.70 millionViewListenView Earnings Details
11/2/2016Q316($0.07)($0.06)$40.00 million$40.40 millionViewN/AView Earnings Details
8/3/2016Q216($0.06)($0.02)$47.44 million$47.63 millionViewN/AView Earnings Details
5/4/2016Q116($0.16)($0.13)$39.60 million$40.10 millionViewN/AView Earnings Details
2/3/2016Q415($0.08)($0.04)$45.92 million$46.20 millionViewN/AView Earnings Details
11/4/2015Q315($0.13)($0.12)$41.34 million$42.80 millionViewN/AView Earnings Details
8/5/2015Q215($0.21)($0.15)$35.07 million$36.80 millionViewN/AView Earnings Details
5/6/2015Q115($0.26)($0.26)$26.80 million$25.80 millionViewN/AView Earnings Details
2/11/2015Q414($0.11)($0.09)$36.20 million$36.20 millionViewN/AView Earnings Details
11/5/2014Q314($0.11)($0.10)$35.93 million$35.30 millionViewN/AView Earnings Details
8/7/2014Q214($0.12)($0.10)$35.82 million$37.60 millionViewN/AView Earnings Details
5/8/2014Q114($1.32)($0.97)$26.08 million$28.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Aerohive Networks (NYSE:HIVE)
Current Year EPS Consensus Estimate: $-0.15 EPS
Next Year EPS Consensus Estimate: $0.05 EPS

Dividends

Dividend History for Aerohive Networks (NYSE:HIVE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Aerohive Networks (NYSE:HIVE)
Insider Ownership Percentage: 36.18%
Institutional Ownership Percentage: 51.35%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/16/2016Thomas J WilburnSVPSell20,000$6.00$120,000.00View SEC Filing  
12/5/2016Raphael GernezSVPSell495$5.26$2,603.70View SEC Filing  
5/26/2016Changming LiuDirectorSell3,000$6.34$19,020.00View SEC Filing  
5/17/2016Changming LiuDirectorSell3,000$5.86$17,580.00View SEC Filing  
4/19/2016Changming LiuDirectorSell3,000$5.80$17,400.00View SEC Filing  
4/18/2016Changming LiuDirectorSell1,500$5.82$8,730.00View SEC Filing  
4/8/2016Changming LiuDirectorSell3,000$5.57$16,710.00View SEC Filing  
3/24/2016Changming LiuDirectorSell3,000$5.15$15,450.00View SEC Filing  
3/9/2016Changming LiuDirectorSell3,000$5.15$15,450.00View SEC Filing  
2/25/2016Changming LiuDirectorSell3,000$5.00$15,000.00View SEC Filing  
2/12/2016Changming LiuDirectorSell3,000$4.89$14,670.00View SEC Filing  
1/28/2016Changming LiuDirectorSell3,000$4.41$13,230.00View SEC Filing  
1/15/2016Changming LiuDirectorSell3,000$4.40$13,200.00View SEC Filing  
12/30/2015Changming LiuDirectorSell1,500$5.09$7,635.00View SEC Filing  
12/29/2015Changming LiuDirectorSell1,500$5.05$7,575.00View SEC Filing  
12/15/2015Changming LiuDirectorSell3,000$5.35$16,050.00View SEC Filing  
12/4/2015Changming LiuDirectorSell3,000$5.97$17,910.00View SEC Filing  
11/25/2015Changming LiuDirectorSell3,000$6.09$18,270.00View SEC Filing  
11/17/2015Changming LiuDirectorSell3,000$6.00$18,000.00View SEC Filing  
11/6/2015Efstathios PapaefstathiouSVPSell27,308$6.45$176,136.60View SEC Filing  
10/21/2015Changming LiuDirectorSell3,000$6.51$19,530.00View SEC Filing  
10/8/2015Changming LiuDirectorSell3,000$6.82$20,460.00View SEC Filing  
9/24/2015Changming LiuDirectorSell3,000$5.90$17,700.00View SEC Filing  
9/4/2015David K FlynnCEOBuy3,728$6.16$22,964.48View SEC Filing  
9/3/2015David K FlynnCEOBuy36,272$6.02$218,357.44View SEC Filing  
8/18/2015Changming LiuDirectorSell4,200$7.69$32,298.00View SEC Filing  
7/10/2015Changming LiuDirectorSell4,200$6.90$28,980.00View SEC Filing  
6/25/2015Changming LiuDirectorSell4,200$7.50$31,500.00View SEC Filing  
6/9/2015Changming LiuDirectorSell4,200$7.30$30,660.00View SEC Filing  
5/29/2015Changming LiuDirectorSell4,200$7.15$30,030.00View SEC Filing  
5/19/2015Changming LiuDirectorSell4,200$6.66$27,972.00View SEC Filing  
5/18/2015Changming LiuDirectorSell2,100$6.73$14,133.00View SEC Filing  
4/29/2015Changming LiuDirectorSell4,200$6.06$25,452.00View SEC Filing  
4/16/2015Changming LiuDirectorSell42,000$5.02$210,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Aerohive Networks (NYSE:HIVE)
DateHeadline
News IconKeeping Tabs on the Technicals For Aerohive Networks, Inc. (NYSE:HIVE) - BVN (NYSE:HIVE)
bvnewsjournal.com - February 18 at 6:18 AM
4-traders.com logoAerohive : to Present at Upcoming Conferences | Aerohive Networks (NYSE:HIVE)
www.4-traders.com - February 16 at 5:36 PM
finance.yahoo.com logoEdited Transcript of HIVE earnings conference call or presentation 14-Feb-17 10:00pm GMT (NYSE:HIVE)
finance.yahoo.com - February 16 at 5:36 PM
finance.yahoo.com logoAerohive to Present at Upcoming Conferences (NYSE:HIVE)
finance.yahoo.com - February 16 at 5:36 PM
capitalcube.com logoAerohive Networks, Inc. :HIVE-US: Earnings Analysis: 2016 By the Numbers : February 16, 2017 (NYSE:HIVE)
www.capitalcube.com - February 16 at 5:36 PM
4-traders.com logoAEROHIVE NETWORKS, INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:HIVE)
www.4-traders.com - February 14 at 11:57 PM
reuters.com logoBRIEF-Aerohive Networks Qtrly loss per share $0.14 (NYSE:HIVE)
www.reuters.com - February 14 at 11:57 PM
biz.yahoo.com logoQ4 2016 Aerohive Networks Inc Earnings Release - After Market Close (NYSE:HIVE)
us.rd.yahoo.com - February 14 at 11:57 PM
us.rd.yahoo.com logoAerohive Networks Reports Fourth Quarter and Fiscal Year 2016 Results (NYSE:HIVE)
us.rd.yahoo.com - February 14 at 11:57 PM
us.rd.yahoo.com logo4:17 pm Aerohive Networks beats by $0.03, misses on revs (NYSE:HIVE)
us.rd.yahoo.com - February 14 at 11:57 PM
us.rd.yahoo.com logoAerohive Networks Hires Proven Sales Executive Ron Gill as Vice President of Americas Sales to Accelerate Growth (NYSE:HIVE)
us.rd.yahoo.com - February 14 at 11:57 PM
finance.yahoo.com logoAerohive Networks reports 4Q loss - Yahoo Finance (NYSE:HIVE)
finance.yahoo.com - February 14 at 6:57 PM
sg.finance.yahoo.com logoAerohive Networks reports 4Q loss (NYSE:HIVE)
sg.finance.yahoo.com - February 14 at 6:57 PM
News IconResearch details developments in the voice over WLAN worldwide market to 2025 (NYSE:HIVE)
www.whatech.com - February 10 at 4:37 AM
openpr.com logoWireless Health Market Size, Share, Trends, Analysis and Forecasts To 2022 (NYSE:HIVE)
www.openpr.com - February 9 at 6:33 PM
News IconResearch delivers insight into the WI-FI as a service market (NYSE:HIVE)
www.whatech.com - February 8 at 5:01 AM
News IconAerohive Networks appoints John Ritchie as COO (NYSE:HIVE)
www.poandpo.com - February 7 at 6:58 PM
News IconSimplifying Delivery of Analytics to IoT Edge Devices (NYSE:HIVE)
iot.do - February 7 at 3:45 AM
us.rd.yahoo.com logoAerohive Networks downgraded by JMP Securities (NYSE:HIVE)
us.rd.yahoo.com - February 7 at 3:45 AM
News IconStock Trickling Lower Heading Into The Open: Aerohive Networks, Inc. (NYSE:HIVE) - Aiken Advocate (NYSE:HIVE)
aikenadvocate.com - February 6 at 5:44 PM
News IconAerohive Networks Inc (HIVE) is Downgraded by JMP Securities to ... - Highland Mirror (NYSE:HIVE)
www.highlandmirror.com - February 6 at 5:44 PM
streetinsider.com logoAerohive Networks (HIVE) CFO to Assume Responsibilities as COO - StreetInsider.com (NYSE:HIVE)
www.streetinsider.com - February 4 at 5:44 PM
News IconVoice over WLAN Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025|The Insight Partners (NYSE:HIVE)
empowerednews.net - February 3 at 6:13 PM
sbwire.com logoImpact of Existing and Emerging Wi-Fi Market Trends and Forecast 2016-2026 by FMI (NYSE:HIVE)
www.sbwire.com - February 3 at 6:13 PM
streetinsider.com logoAerohive Networks (HIVE) CFO to Assume Responsibilities as COO (NYSE:HIVE)
www.streetinsider.com - February 3 at 6:13 PM
4-traders.com logoAerohive : Partners with Dell to Provide Emmet County with Seamless Network Connectivity (NYSE:HIVE)
www.4-traders.com - February 2 at 6:20 PM
News IconLooking Ahead for Aerohive Networks, Inc. (NYSE:HIVE); Are These Shares Ready to Go Higher? - Aiken Advocate (NYSE:HIVE)
aikenadvocate.com - February 2 at 4:26 AM
News IconWi-Fi as a Service Global Market, By Product & Data Validation, 2016 Analysis and Forecast 2022 (NYSE:HIVE)
www.emailwire.com - February 1 at 6:25 PM
finance.yahoo.com logoNew Aerohive Connect Product Line Offers Adaptable, Scalable, and Affordable Connectivity (NYSE:HIVE)
finance.yahoo.com - January 31 at 6:26 PM
News IconTrading Scope: Checking on Shares of Aerohive Networks, Inc. (NYSE:HIVE) - The Tribune (NYSE:HIVE)
lakecitytribune.com - January 30 at 11:24 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Aerohive Networks, Inc. (NYSE:HIVE)? - Wall Street Beacon (NYSE:HIVE)
wsbeacon.com - January 30 at 11:24 PM
News IconDiscover the 2017-2022 global WLAN equipment market (NYSE:HIVE)
www.whatech.com - January 30 at 6:24 PM
News IconVolatility Numbers in View for Aerohive Networks, Inc. (NYSE:HIVE) - Gilbert Daily (NYSE:HIVE)
gilbertdaily.com - January 30 at 11:30 AM
newsmaker.com.au logoWLAN Equipment Market Industry Global Market Research Report 2017 (NYSE:HIVE)
www.newsmaker.com.au - January 29 at 3:52 AM
News IconWilliams %R Check on Shares of Aerohive Networks Inc (HIVE) - Rives Journal (NYSE:HIVE)
rivesjournal.com - January 28 at 5:50 PM
News IconVoice over WLAN Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2025 (NYSE:HIVE)
empowerednews.net - January 28 at 1:03 AM
News IconWilliams %R, RSI, and ADX Update for Aerohive Networks Inc (HIVE) - Sherwood Daily (NYSE:HIVE)
sherwooddaily.com - January 27 at 5:20 AM
News IconSentinelOne pulls in $70 mln Series C (NYSE:HIVE)
www.pehub.com - January 26 at 12:06 AM
News IconSentinelOne raises a $70M C round to tackle multiple-vector cyber attacks (NYSE:HIVE)
perspectivabetica.com - January 26 at 12:06 AM
einnews.com logoSentinelOne Secures $70 Million to Meet Growing Demand to Replace Traditional Antivirus (NYSE:HIVE)
www.einnews.com - January 26 at 12:06 AM
News IconSecurity Startup SentinelOne Raises $70M (NYSE:HIVE)
prensariotiretail.com - January 26 at 12:06 AM
News IconMonitoring Relative Strength Index Values for Aerohive Networks Inc (HIVE) - Sherwood Daily (NYSE:HIVE)
sherwooddaily.com - January 25 at 7:04 PM
News IconEarnings in Full Force, Analysts Take Aim at Aerohive Networks, Inc. (NYSE:HIVE) - Wall Street Beacon (NYSE:HIVE)
wsbeacon.com - January 24 at 11:28 PM
News IconEarnings in Full Force, Analysts Take Aim at Aerohive Networks, Inc ... - Wall Street Beacon (NYSE:HIVE)
wsbeacon.com - January 24 at 11:28 PM
4-traders.com logoAerohive : Partners with Dell to Provide Emmet County with Seamless Network Connectivity | Aerohive Networks (NYSE:HIVE)
www.4-traders.com - January 24 at 6:26 PM
finance.yahoo.com logoAerohive Partners with Dell to Provide Emmet County with Seamless Network Connectivity (NYSE:HIVE)
finance.yahoo.com - January 24 at 6:25 PM
News IconGigabit Wi-Fi Access Point Market Value Chain 2016-2026 (NYSE:HIVE)
reports.pr-inside.com - January 19 at 4:10 AM
News IconLearn details of the voice over WLAN market (NYSE:HIVE)
www.whatech.com - January 19 at 4:10 AM
News IconSell-side Consensus Sees Aerohive Networks, Inc. (NYSE:HIVE) Going Where Near-Term? - Aiken Advocate (NYSE:HIVE)
aikenadvocate.com - January 18 at 11:08 PM
finance.yahoo.com logoAerohive to Announce Fourth Quarter and Fiscal Year 2016 Financial Results on February 14, 2017 (NYSE:HIVE)
finance.yahoo.com - January 18 at 6:07 PM

Social

What is Aerohive Networks' stock symbol?

Aerohive Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIVE."

Where is Aerohive Networks' stock going? Where will Aerohive Networks' stock price be in 2017?

7 brokerages have issued 12 month target prices for Aerohive Networks' stock. Their forecasts range from $5.00 to $10.00. On average, they anticipate Aerohive Networks' stock price to reach $6.46 in the next twelve months.

When will Aerohive Networks announce their earnings?

Aerohive Networks is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Aerohive Networks stock?

Here are some recent quotes from research analysts about Aerohive Networks stock:

  • William Blair analysts commented, "Aerohive delivered a mixed fiscal fourth quarter, beating expectations on the bottom line while missing on total revenue. Management attributed the revenue declines (down 10% year-over-year) to ongoing operational issues related to administration of the 2016 E-rate program(roughly two-thirds of funding letters were approved by year-end, versus a nearly 90% approval rate a year ago), although the rest of the business performed largely as expected. On a positive note, Aerohive continues to see early traction from wave 2 access points (33% of access point revenue in the quarter), as well as steady momentum from recent industry and channel alliances (Dell was 10% of revenue in the fourth quarter). Record gross margin was another highlight in the quarter, driven by strong service gross margin (highest in seven quarters). In addition, Aerohive announced the hiring of Ron Gill as its new vice president of Americas sales (previously vice president'Americas enterprise sales at Ruckus)." (2/15/2017)
  • According to Zacks Investment Research, "Aerohive Networks Inc. designs and develops a cloud-managed mobile networking platform that enables enterprises to deploy a mobile-centric network edge. The Company's cloud-managed mobile networking platform consists of four components: Cloud Services Platform, HiveOS operating system, client management software and its portfolio of hardware products. It serves the healthcare, education, manufacturing, distribution, and retail industries throughout the United States. Aerohive Networks, Inc. is headquartered in Sunnyvale, California. " (1/4/2017)

Who owns Aerohive Networks stock?

Aerohive Networks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Discovery Group I LLC (10.72%), Institutional Venture Management XIII LLC (2.54%), Renaissance Technologies LLC (2.08%), Russell Investments Group Ltd. (1.33%), State Street Corp (0.74%) and Two Sigma Investments LP (0.12%). Company insiders that own Aerohive Networks stock include Changming Liu, David K Flynn, Efstathios Papaefstathiou, Raphael Gernez and Thomas J Wilburn.

Who sold Aerohive Networks stock? Who is selling Aerohive Networks stock?

Aerohive Networks' stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Two Sigma Investments LP and State Street Corp. Company insiders that have sold Aerohive Networks stock in the last year include Changming Liu, Raphael Gernez and Thomas J Wilburn.

Who bought Aerohive Networks stock? Who is buying Aerohive Networks stock?

Aerohive Networks' stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Discovery Group I LLC and Teza Capital Management LLC.

How do I buy Aerohive Networks stock?

Shares of Aerohive Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Aerohive Networks stock cost?

One share of Aerohive Networks stock can currently be purchased for approximately $5.01.

Aerohive Networks (NYSE:HIVE) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Aerohive Networks (NYSE:HIVE)

Earnings History Chart

Earnings by Quarter for Aerohive Networks (NYSE:HIVE)

Dividend History Chart

Dividend Payments by Quarter for Aerohive Networks (NYSE:HIVE)

Last Updated on 2/19/2017 by MarketBeat.com Staff