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About Aerohive Networks (NYSE:HIVE)
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 NG, a network management application that features an updated user, 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, healthcare, and healthcare through a network of authorized value-added resellers, value-added distributors, and managed service providers. Aerohive Networks, Inc. was incorporated in 2006 and is headquartered in Milpitas, California.
Industry, Sector and Symbol
Industry Computer integrated systems design
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:HIVE
CUSIPN/A
Phone408-510-6100
Debt
Debt-to-Equity RatioN/A
Current Ratio1.59
Quick Ratio1.40
Price-To-Earnings
Trailing P/E Ratio-10.49
Forward P/E Ratio-13.87
P/E GrowthN/A
Sales & Book Value
Annual Sales$152.90 million
Price / Sales1.54
Cash FlowN/A
Price / CashN/A
Book Value$0.41 per share
Price / Book10.49
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-22,920,000.00
Net Margins-13.93%
Return on Equity-95.00%
Return on Assets-15.69%
Miscellaneous
Employees490
Outstanding Shares54,630,000
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) released its quarterly earnings data on Wednesday, May, 2nd. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $0.01. The communications equipment provider earned $35.77 million during the quarter, compared to analysts' expectations of $34.93 million. Aerohive Networks had a negative return on equity of 95.00% and a negative net margin of 13.93%. Aerohive Networks's revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.08) earnings per share. View Aerohive Networks' Earnings History.
When is Aerohive Networks' next earnings date?
What price target have analysts set for HIVE?
2 Wall Street analysts have issued twelve-month price targets for Aerohive Networks' shares. Their predictions range from $4.50 to $6.00. On average, they anticipate Aerohive Networks' share price to reach $5.25 in the next twelve months. View Analyst Ratings for Aerohive Networks.
Who are some of Aerohive Networks' key competitors?
Some companies that are related to Aerohive Networks include VASCO Data Security International (VDSI), Unisys (UIS), Ribbon Communications (RBBN), The Keyw (KEYW), Digimarc (DMRC), Simulations Plus (SLP), Agilysys (AGYS), Borqs Technologies (BRQS), Asure Software (ASUR), Travelzoo (TZOO), Mattersight (MATR), Crexendo (CXDO), CSP (CSPI), Streamline Health Solutions (STRM) and Creative Realities (CREX).
Who are Aerohive Networks' key executives?
Aerohive Networks' management team includes the folowing people:
- Mr. David K. Flynn, Chairman, Pres & CEO (Age 54)
- Mr. John Ritchie, Sr. VP, CFO & COO (Age 52)
- Mr. Changming Liu, Founder & Director (Age 50)
- Mr. Steve M. Debenham, VP of Legal Services, Gen. Counsel & Sec. (Age 56)
- Ms. Jenni Adair, Director of Corp. Communications
Has Aerohive Networks been receiving favorable news coverage?
Media stories about HIVE stock have trended somewhat negative on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aerohive Networks earned a news sentiment score of -0.02 on Accern's scale. They also gave news stories about the communications equipment provider an impact score of 47.23 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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. (3.86%), Russell Investments Group Ltd. (3.21%), Millennium Management LLC (2.52%), Boston Partners (1.53%), Spark Investment Management LLC (0.97%) and Northern Trust Corp (0.66%). Company insiders that own Aerohive Networks stock include Changming Liu, David K Flynn, John Ritchie, Raphael Gernez and Thomas J Wilburn. View Institutional Ownership Trends for Aerohive Networks.
Which institutional investors are selling Aerohive Networks stock?
Which institutional investors are buying Aerohive Networks stock?
HIVE stock was acquired by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., A.R.T. Advisors LLC, Spark Investment Management LLC, Emancipation Management LLC, BlackRock Inc., Barclays PLC, JPMorgan Chase & Co. and NJ State Employees Deferred Compensation Plan. 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 $4.30.
How big of a company is Aerohive Networks?
Aerohive Networks has a market capitalization of $231.63 million and generates $152.90 million in revenue each year. The communications equipment provider earns $-22,920,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis. Aerohive Networks employs 490 workers across the globe.
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 (HIVE)
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.
Aerohive Networks (NYSE:HIVE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Aerohive Networks in the last 12 months. Their average twelve-month price target is $5.25, suggesting that the stock has a possible upside of 22.09%. The high price target for HIVE is $6.00 and the low price target for HIVE is $4.50. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.50 | 2.75 | 2.75 | 2.80 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $5.25 | $6.1250 | $6.6667 | $6.31 |
| Price Target Upside: | 22.09% upside | 38.26% upside | 16.96% upside | 60.56% upside |
Aerohive Networks (NYSE:HIVE) Consensus Price Target History
Aerohive Networks (NYSE:HIVE) Analyst Ratings History
Show:
(Data available from 5/22/2016 forward)
Aerohive Networks (NYSE:HIVE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Aerohive Networks (NYSE HIVE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 26.13%
Institutional Ownership Percentage: 48.18%
Aerohive Networks (NYSE HIVE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/16/2017 | David K Flynn | CEO | Buy | 40,000 | $4.30 | $172,000.00 | 209,236 |  |
| 5/16/2017 | John Ritchie | CFO | Buy | 20,000 | $4.31 | $86,200.00 | 168,541 | |
| 12/16/2016 | Thomas J Wilburn | SVP | Sell | 20,000 | $6.00 | $120,000.00 | 280,924 | |
| 12/5/2016 | Raphael Gernez | SVP | Sell | 495 | $5.26 | $2,603.70 | 93,181 | |
| 5/26/2016 | Changming Liu | Director | Sell | 3,000 | $6.34 | $19,020.00 | 162,461 | |
| 5/17/2016 | Changming Liu | Director | Sell | 3,000 | $5.86 | $17,580.00 | 162,461 | |
| 4/19/2016 | Changming Liu | Director | Sell | 3,000 | $5.80 | $17,400.00 | 162,461 | |
| 4/18/2016 | Changming Liu | Director | Sell | 1,500 | $5.82 | $8,730.00 | 162,461 | |
| 4/8/2016 | Changming Liu | Director | Sell | 3,000 | $5.57 | $16,710.00 | 162,461 | |
| 3/24/2016 | Changming Liu | Director | Sell | 3,000 | $5.15 | $15,450.00 | 162,461 | |
| 3/9/2016 | Changming Liu | Director | Sell | 3,000 | $5.15 | $15,450.00 | 162,461 | |
| 2/25/2016 | Changming Liu | Director | Sell | 3,000 | $5.00 | $15,000.00 | 165,472 | |
| 2/12/2016 | Changming Liu | Director | Sell | 3,000 | $4.89 | $14,670.00 | 165,472 | |
| 1/28/2016 | Changming Liu | Director | Sell | 3,000 | $4.41 | $13,230.00 | 165,472 | |
| 1/15/2016 | Changming Liu | Director | Sell | 3,000 | $4.40 | $13,200.00 | 165,472 | |
| 12/30/2015 | Changming Liu | Director | Sell | 1,500 | $5.09 | $7,635.00 | 165,472 | |
| 12/29/2015 | Changming Liu | Director | Sell | 1,500 | $5.05 | $7,575.00 | 165,472 | |
| 12/15/2015 | Changming Liu | Director | Sell | 3,000 | $5.35 | $16,050.00 | 165,472 | |
| 12/4/2015 | Changming Liu | Director | Sell | 3,000 | $5.97 | $17,910.00 | 165,472 | |
| 11/25/2015 | Changming Liu | Director | Sell | 3,000 | $6.09 | $18,270.00 | 163,057 | |
| 11/17/2015 | Changming Liu | Director | Sell | 3,000 | $6.00 | $18,000.00 | 163,057 | |
| 11/6/2015 | Efstathios Papaefstathiou | SVP | Sell | 27,308 | $6.45 | $176,136.60 | 176,250 | |
| 10/21/2015 | Changming Liu | Director | Sell | 3,000 | $6.51 | $19,530.00 | 163,057 | |
| 10/8/2015 | Changming Liu | Director | Sell | 3,000 | $6.82 | $20,460.00 | 163,057 | |
| 9/24/2015 | Changming Liu | Director | Sell | 3,000 | $5.90 | $17,700.00 | 163,057 | |
| 9/4/2015 | David K Flynn | CEO | Buy | 3,728 | $6.16 | $22,964.48 | 1,419,778 | |
| 9/3/2015 | David K Flynn | CEO | Buy | 36,272 | $6.02 | $218,357.44 | 1,419,778 | |
| 8/18/2015 | Changming Liu | Director | Sell | 4,200 | $7.69 | $32,298.00 | 165,642 | |
| 7/10/2015 | Changming Liu | Director | Sell | 4,200 | $6.90 | $28,980.00 | | |
| 6/25/2015 | Changming Liu | Director | Sell | 4,200 | $7.50 | $31,500.00 | | |
| 6/9/2015 | Changming Liu | Director | Sell | 4,200 | $7.30 | $30,660.00 | | |
| 5/29/2015 | Changming Liu | Director | Sell | 4,200 | $7.15 | $30,030.00 | | |
| 5/19/2015 | Changming Liu | Director | Sell | 4,200 | $6.66 | $27,972.00 | | |
| 5/18/2015 | Changming Liu | Director | Sell | 2,100 | $6.73 | $14,133.00 | | |
| 4/29/2015 | Changming Liu | Director | Sell | 4,200 | $6.06 | $25,452.00 | | |
| 4/16/2015 | Changming Liu | Director | Sell | 42,000 | $5.02 | $210,840.00 | | |
(Data available from 1/1/2013 forward)
Aerohive Networks (NYSE HIVE) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Nutreco Boosts Global Operations and Innovation with Cloud Networking from Aerohive®
finance.yahoo.com - May 21 at 5:16 PM |
| Aerohive® Starts Shipping A3 - Secure Access Management Solution
finance.yahoo.com - May 15 at 8:14 AM |
 | Aerohive® Announces Completed Migration to Third-Generation HiveManager® Network Management and Analytics Application
www.bizjournals.com - May 14 at 8:12 AM |
| Aerohive® Announces Completed Migration to Third-Generation HiveManager® Network Management and Analytics Application
finance.yahoo.com - May 14 at 8:12 AM |
 | Analyzing Aerohive Networks (HIVE) and VASCO Data Security International (VDSI)
www.americanbankingnews.com - May 12 at 5:16 AM |
| Aerohive® Senior Director of Global Talent Acquisition Appointed to Forbes Human Resources Council
finance.yahoo.com - May 10 at 6:11 PM |
| Aerohive Networks (HIVE) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 10 at 3:48 AM |
| Aerohive Networks (HIVE) Upgraded at ValuEngine
www.americanbankingnews.com - May 3 at 4:24 PM |
 | Aerohive Networks' (HIVE) CEO Dave Flynn on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 8:06 AM |
| Edited Transcript of HIVE earnings conference call or presentation 2-May-18 9:00pm GMT
finance.yahoo.com - May 3 at 8:06 AM |
| Aerohive Networks: 1Q Earnings Snapshot
finance.yahoo.com - May 3 at 8:06 AM |
| Aerohive Networks (HIVE) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - May 2 at 9:29 PM |
| Aerohive Networks beats by $0.01, beats on revenue
seekingalpha.com - May 2 at 5:45 PM |
| Aerohive Networks™ Reports Q1 2018 Results at the High End of Guidance
finance.yahoo.com - May 2 at 5:45 PM |
| Is There An Opportunity With Aerohive Networks Inc’s (NYSE:HIVE) 34% Undervaluation?
finance.yahoo.com - May 2 at 5:45 PM |
| Edited Transcript of HIVE earnings conference call or presentation 8-Feb-18 10:00pm GMT
finance.yahoo.com - April 30 at 5:21 PM |
| Aerohive Networks (HIVE) and Science Applications International (SAIC) Critical Comparison
www.americanbankingnews.com - April 30 at 5:18 PM |
| Contrasting Cerner (CERN) & Aerohive Networks (HIVE)
www.americanbankingnews.com - April 30 at 1:32 AM |
 | This Morning's Research Reports on Communication Equipment Stocks -- A10 Networks, ADTRAN, Aerohive Networks, and BlackBerry
www.prnewswire.com - April 25 at 8:08 AM |
| Aerohive Networks (HIVE) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 24 at 5:17 AM |
| Global Wi-Fi Market 2018-2022: Market is Expected to Grow from USD 5.96 Billion in 2017 to USD 15.60 Billion by 2022, at a CAGR of 21.2%
www.bizjournals.com - April 19 at 5:49 PM |
| Aerohive® Delivers Industry-First Combined SD-WAN & SD-LAN User & App Traffic Management
finance.yahoo.com - April 19 at 8:07 AM |
| Aerohive® Enables Colruyt to Deliver on Commitment of Best-Price Guarantee and Operational Excellence
finance.yahoo.com - April 18 at 5:53 PM |
| Aerohive Networks (HIVE) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - April 17 at 4:47 PM |
| Aerohive Networks (HIVE) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 17 at 11:05 AM |
| Aerohive Networks (HIVE) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 15 at 3:25 AM |
| Aerohive® Helps Customers Look Forward by Looking Back with Historical Comparative Analytics
finance.yahoo.com - April 12 at 8:12 AM |
| Aerohive Networks (HIVE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 12 at 12:29 AM |
| Aerohive Networks (HIVE) Lowered to "Strong Sell" at ValuEngine
www.americanbankingnews.com - April 9 at 11:35 AM |
| Head-To-Head Comparison: Aerohive Networks (HIVE) versus Cerner (CERN)
www.americanbankingnews.com - April 9 at 3:13 AM |
| Aerohive Networks (HIVE) Raised to Sell at ValuEngine
www.americanbankingnews.com - April 8 at 12:22 PM |
| Reviewing Aerohive Networks (HIVE) & Travelzoo (TZOO)
www.americanbankingnews.com - April 7 at 3:15 PM |
| Aerohive® to Announce First Quarter 2018 Financial Results on May 2
finance.yahoo.com - April 4 at 4:23 PM |
| Zacks Investment Research Lowers Aerohive Networks (HIVE) to Hold
www.americanbankingnews.com - April 4 at 1:04 PM |
| The Industry’s First Enterprise-Class Pluggable Access Points Now Shipping
finance.yahoo.com - April 4 at 8:10 AM |
| Jackson Rancheria Casino Resort Chooses Aerohive® for Ease of Deployment and Network Management
finance.yahoo.com - April 3 at 8:10 AM |
| Aerohive® Given 5-Star Rating in CRN’s 2018 Partner Program Guide
finance.yahoo.com - April 2 at 5:35 PM |
| ValuEngine Lowers Aerohive Networks (HIVE) to Strong Sell
www.americanbankingnews.com - March 28 at 10:23 PM |
 | Aella Data Emerges from Stealth Mode Ahead of RSA® Conference 2018, Unveils Industry’s First AI-Driven Pervasive Breach Detection System
www.businesswire.com - March 28 at 5:28 PM |
| Aerohive Networks (HIVE) Downgraded by Dougherty & Co
www.americanbankingnews.com - March 27 at 7:26 PM |
| UniSea Chooses Aerohive® for Mission-critical Fishery Operations in Extreme Environmental Conditions
finance.yahoo.com - March 27 at 8:15 AM |
| Financial Analysis: Aerohive Networks (HIVE) vs. Corning (GLW)
www.americanbankingnews.com - March 24 at 7:14 AM |
| Aerohive Networks (HIVE) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 24 at 12:28 AM |
| Pre-Market Technical Scan on Communication Equipment Equities -- A10 Networks, ADTRAN, Aerohive Networks, and BlackBerry
www.bizjournals.com - March 23 at 8:09 AM |
| Reviewing Aerohive Networks (HIVE) and Juniper Networks (JNPR)
www.americanbankingnews.com - March 21 at 10:40 AM |
| Aerohive Networks Inc (HIVE) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 21 at 3:46 AM |
| FINAL DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors with Losses Exceeding $100K of Class Action Against Aerohive Networks, Inc. (HIVE) and Lead Plaintiff Deadline: March 20, 2018
finance.yahoo.com - March 20 at 5:25 PM |
| DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Reminds Investors With Losses To Contact The Firm
finance.yahoo.com - March 20 at 5:25 PM |
| DEADLINE TODAY: Levi & Korsinsky, LLP Reminds Shareholders of Aerohive Networks, Inc. It Has Filed a Class Action Complaint and a Lead Plaintiff Deadline of March 20, 2018 - HIVE
finance.yahoo.com - March 20 at 5:25 PM |
| DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Reminds Investors With Losses To Contact The Firm
finance.yahoo.com - March 20 at 8:14 AM |
Aerohive Networks (NYSE:HIVE) SEC Filings
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Aerohive Networks (NYSE:HIVE) Income Statement, Balance Sheet and Cash Flow Statement
Aerohive Networks (NYSE HIVE) Stock Chart for Tuesday, May, 22, 2018
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