Silver Spring Networks, Inc. (NASDAQ:SSNI) Expected To Report Earnings On Monday
Analysts await Silver Spring Networks, Inc. (NASDAQ:SSNI) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $-0.15 EPS, up 66.67% or $0.1 from last year’s $-0.25 per share.
At the moment 11 analysts are watching Silver Spring Networks, Inc. (NASDAQ:SSNI), 3 rate it “Buy”, 4 “Outperform”, 4 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 11 analysts have a mean sales target of 73.91 million. For the quarter ending Sep-16, 11 analysts have a mean sales target of 79.49 million whilst for the year ending Dec-16, 12 analysts have a mean target of 304.65 million.
In terms of earnings per share, 11 analysts have a 0.01 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 11 analysts have a 0.05 EPS mean target and for the quarter ending Sep-16 there are 12 estimates of 0.14 EPS.
The biggest institutional shareholders in Silver Spring Networks, Inc. include FOUNDATION CAPITAL IV LP which owns 12 million shares in the company valued at $120.68 million. Foundation Capital LLC is the second biggest holder with 12 million shares currently valued at 176.73 million whilst Ivy Investment Management Co has 5 million shares valued at 69.31 million.
Total shares held by institutions as of the most recent company filings are 50,579,798 with a reported 2,040,886 bought and 982,865 sold. These holdings make up 99.36% of the company’s outstanding shares.
Currently insiders hold 1,142,442 shares in the business which makes up 2.25% of shares. The biggest holder currently is Raj Vaswani who owns 569,149 shares (1.12% of those outstanding), whilst Mr. Scott A. Lang holds 93,276 (0.18% of shares outstanding) and Eric P. Dresselhuys holds 72,946 (0.14% of shares outstanding).
The stock decreased 2.48% or $0.34 during the last trading session, hitting $15.03. Silver Spring Networks, Inc. (NASDAQ:SSNI) has risen 4.52% over the past 6 months and is uptrending.

