NYSE:HIVE - Aerohive Networks Stock Price, News, & Analysis

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$4.41 -0.04 (-0.90 %)
(As of 03/26/2019 03:19 PM ET)
Previous Close$4.45
Today's Range$4.40 - $4.48
52-Week Range$3.19 - $5.18
Volume63,207 shs
Average Volume362,392 shs
Market Capitalization$246.39 million
P/E Ratio-15.21
Dividend YieldN/A
Aerohive Networks, Inc., together with its subsidiaries, designs and develops cloud networking and enterprise Wi-Fi solutions in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. The company provides hardware products, such as wireless access points, branch routers, and switches; tiered maintenance and support services comprising technical support, bug fixes, access to priority hardware replacement service, and unspecified upgrades; and Software as a Service subscriptions, including comparable maintenance and support services. Its cloud-based product comprises HiveManager, a network management application that features an updated user interface, improved troubleshooting, and expanded access to data and analytics, as well as an upgraded cloud-deployment platform. The company sells its products to industry verticals, including education, distributed enterprises, retail, hospitality, and healthcare through a network of authorized distributors, value-added resellers, and managed service providers. Aerohive Networks, Inc. was incorporated in 2006 and is headquartered in Milpitas, California.

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Industry, Sector and Symbol

Industry Computer integrated systems design
SectorComputer and Technology



Sales & Book Value

Annual Sales$154.91 million
Book Value$0.32 per share


Net Income$-18,340,000.00


Market Cap$246.39 million
Next Earnings Date5/1/2019 (Estimated)

Aerohive Networks (NYSE:HIVE) Frequently Asked Questions

What is Aerohive Networks' stock symbol?

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

How were Aerohive Networks' earnings last quarter?

Aerohive Networks Inc (NYSE:HIVE) announced its quarterly earnings results on Wednesday, February, 6th. The communications equipment provider reported ($0.06) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02. The communications equipment provider earned $38.12 million during the quarter, compared to analysts' expectations of $39 million. Aerohive Networks had a negative net margin of 11.84% and a negative return on equity of 78.97%. View Aerohive Networks' Earnings History.

When is Aerohive Networks' next earnings date?

Aerohive Networks is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Aerohive Networks.

What is the consensus analysts' recommendation for Aerohive Networks?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerohive Networks in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Aerohive Networks.

Has Aerohive Networks been receiving favorable news coverage?

Press coverage about HIVE stock has trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Aerohive Networks earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next few days.

Who are some of Aerohive Networks' key competitors?

What other stocks do shareholders of Aerohive Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aerohive Networks investors own include Allstate (ALL), Bridgeline Digital (BLIN), NVIDIA (NVDA), Energous (WATT), Riot Blockchain (RIOT), Micron Technology (MU), Intel (INTC), General Electric (GE), Advanced Micro Devices (AMD) and Adobe (ADBE).

Who are Aerohive Networks' key executives?

Aerohive Networks' management team includes the folowing people:
  • Mr. David K. Flynn, Chairman, Pres & CEO (Age 55)
  • Mr. John Ritchie, Sr. VP, CFO & COO (Age 53)
  • Mr. Alan Cuellar Amrod, Sr. VP and GM of Products & Sales (Age 60)
  • Mr. Steve M. Debenham, Corp. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. John Merrill, VP of Marketing

Who are Aerohive Networks' major shareholders?

Aerohive Networks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.03%), Royce & Associates LP (3.09%), D. E. Shaw & Co. Inc. (1.42%), Boston Partners (0.95%), Millennium Management LLC (0.83%) and Geode Capital Management LLC (0.71%). Company insiders that own Aerohive Networks stock include Alan Amrod, Christopher J Schaepe, David K Flynn, John Ritchie and Stephen Debenham. View Institutional Ownership Trends for Aerohive Networks.

Which institutional investors are selling Aerohive Networks stock?

HIVE stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, GSA Capital Partners LLP, PEAK6 Investments LLC, Millennium Management LLC, State Treasurer State of Michigan, BlackRock Inc., Geode Capital Management LLC and Geode Capital Management LLC. Company insiders that have sold Aerohive Networks company stock in the last year include Alan Amrod, Christopher J Schaepe and Stephen Debenham. View Insider Buying and Selling for Aerohive Networks.

Which institutional investors are buying Aerohive Networks stock?

HIVE stock was bought by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Oregon Public Employees Retirement Fund, D. E. Shaw & Co. Inc., Strs Ohio, NJ State Employees Deferred Compensation Plan, HarbourVest Partners LLC, Two Sigma Investments LP and Barclays PLC. Company insiders that have bought Aerohive Networks stock in the last two years include David K Flynn and John Ritchie. View Insider Buying and Selling for Aerohive Networks.

How do I buy shares of Aerohive Networks?

Shares of HIVE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Aerohive Networks' stock price today?

One share of HIVE stock can currently be purchased for approximately $4.41.

How big of a company is Aerohive Networks?

Aerohive Networks has a market capitalization of $246.39 million and generates $154.91 million in revenue each year. The communications equipment provider earns $-18,340,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. Aerohive Networks employs 460 workers across the globe.

What is Aerohive Networks' official website?

The official website for Aerohive Networks is http://www.aerohive.com.

How can I contact Aerohive Networks?

Aerohive Networks' mailing address is 1011 McCarthy Boulevard, Milpitas CA, 95035. The communications equipment provider can be reached via phone at 408-510-6100 or via email at [email protected]

MarketBeat Community Rating for Aerohive Networks (NYSE HIVE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  190 (Vote Underperform)
Total Votes:  462
MarketBeat's community ratings are surveys of what our community members think about Aerohive Networks and other stocks. Vote "Outperform" if you believe HIVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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