Would You Buy Red Hat, Inc. (NYSE:RHT) On These Analyst Ratings?

Champlain Investment Partners LLC now owns 1,211,905 shares of the open-source software company's stock worth $84,470,000 after buying an additional 213,435 shares during the last quarter. The hedge fund run by Brian Taylor held 140,159 shares of the technology company at the end of 2016Q4, valued at $9.77 million, up from 107,910 at the end of the previous reported quarter. Red Hat Inc. now has $15.44B valuation. The stock's market capitalization is 15.87B. 1312472 shares were traded on Red Hat, Inc.'s last session. It has underperformed by 2.13% the S&P500. Gagnon Secs Limited Liability Co invested 4.26% of its portfolio in Red Hat Inc (NYSE:RHT). Connor Clark Lunn Investment Mngmt has invested 0.02% in Red Hat Inc (NYSE:RHT).

Investors sentiment increased to 1.15 in 2016 Q4.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Red Hat, Inc. 50 funds opened positions while 148 raised stakes.

Everbridge, Inc. (EVBG) declined -2.31% and its total traded volume was 0.14 million shares contrast to the average volume of 0.23 million shares. The institutional investor bought 4,678 shares of the open-source software company's stock, valued at approximately $378,000. M&R Cap Mgmt holds 0.06% or 2,950 shares. "(RHT) Stake Increased by Pacer Advisors Inc." was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. 482,655 were accumulated by Bartlett & Ltd. 102,011 are owned by Sii Investments Inc Wi. 721,390 are held by Royal Bancorporation Of Canada. Sanford C. Bernstein started coverage on shares of Red Hat in a research report on Wednesday, May 24th.

Among 27 analysts covering Red Hat (NYSE:RHT), 20 have Buy rating, 0 Sell and 7 Hold. Nelson Van Denburg & Campbell Wealth Gp Ltd Liability Co owns 30 shares. Red Hat Inc (RHT) has risen 18.97% since June 14, 2016 and is uptrending. 1,631,640 shares of the stock were exchanged. Fjarde Ap invested 0.06% in Red Hat Inc (NYSE:RHT). Insurance Tx reported 0.17% stake.

Magnetar Financial Llc increased Cst Brands Inc (NYSE:CST) stake by 243,337 shares to 2.36 million valued at $113.80 million in 2016Q4. The stock of Red Hat Inc (NYSE:RHT) earned "Market Perform" rating by BMO Capital Markets on Thursday, December 22. Therefore 56% are positive. MKM Partners restated a "neutral" rating and set a $82.00 target price (up previously from $75.00) on shares of Red Hat in a research note on Thursday, March 30th. On Tuesday, September 22 the stock rating was maintained by Credit Suisse with "Buy".

In other Red Hat news, EVP Paul J. Cormier sold 26,462 shares of the company's stock in a transaction on Thursday, June 8th.

Analysts await Red Hat Inc (NYSE:RHT) to report earnings on June, 28. The firm has "Buy" rating given on Wednesday, March 23 by Citigroup. Red Hat has a consensus rating of "Buy" and a consensus price target of $91.51. The rating was maintained by Deutsche Bank on Wednesday, December 9 with "Hold". The company was maintained on Thursday, September 22 by BMO Capital Markets. The company has an average rating of "Buy" and an average target price of $91.51. Therefore 37% are positive. Pfizer had 44 analyst reports since July 29, 2015 according to SRatingsIntel.

In other Red Hat news, CEO James M. Whitehurst sold 47,608 shares of the company's stock in a transaction dated Monday, May 1st. The stock of Morgan Stanley (NYSE:MS) has "Overweight" rating given on Tuesday, February 16 by JP Morgan. As per Thursday, November 5, the company rating was maintained by Wedbush. The firm has "Mkt Perform" rating by Avondale given on Wednesday, February 1. The stock has "Buy" rating by Tudor Pickering on Friday, October 14. The rating was downgraded by Bank of America to "Neutral" on Tuesday, January 26. Parallax Volatility Advisers LP owns 66,359 shares. The stock has "Market Perform" rating by Cowen & Co on Monday, June 13. As per Monday, October 5, the company rating was downgraded by Piper Jaffray. Newstar Financial Inc. (NASDAQ:NEWS) was raised too.

Since April 12, 2017, it had 1 insider buy, and 0 insider sales for $3,506 activity. Following the transaction, the chief executive officer now directly owns 417,072 shares in the company, valued at approximately $36,076,728.

Investors sentiment decreased to 1.13 in 2016 Q4. Its up 0.29, from 0.93 in 2016Q3. It worsened, as 90 investors sold AAPL shares while 975 reduced holdings. 71 funds opened positions while 145 raised stakes. 287.04 million shares or 7.45% more from 267.14 million shares in 2016Q3 were reported. De Burlo Group, Massachusetts-based fund reported 7,200 shares. Patten has invested 0.02% in Morgan Stanley (NYSE:MS). It also reduced its holding in Automatic Data Processing Inc (NASDAQ:ADP) by 20,696 shares in the quarter, leaving it with 985,603 shares, and cut its stake in Express Scripts Holding Co (NASDAQ:ESRX). Cibc Markets reported 0.72% in Pfizer Inc. Loews holds 0.06% or 105,500 shares.

Huber Capital Management Llc increased Herbalife Ltd (NYSE:HLF) stake by 165,275 shares to 1.30 million valued at $62.80M in 2016Q4. Teachers Retirement Of The State Of Kentucky reported 0.64% in LyondellBasell Industries NV (NYSE:LYB). Advantus invested in 0.03% or 17,862 shares. Advisors Asset Management invested 0.18% in Tortoise Energy Infrastructure Corp. Baker Avenue Asset Management Lp accumulated 16,305 shares or 0.16% of the stock. Arizona-based Biltmore Wealth Mngmt Ltd Liability Corp has invested 0.67% in LyondellBasell Industries NV (NYSE:LYB). Selz Capital Llc sold 548,800 shares as Costamare Inc Com Usd0.0001 (CMRE)'s stock rose 28.76%. The Capital Counsel Llc holds 560,713 shares with $39.08M value, up from 553,008 last quarter.