Investors Purchase Large Volume of Allot Communications Put Options (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT) was the recipient of some unusual options trading on Thursday. Investors purchased 2,015 put options on the company. This represents an increase of approximately 134% compared to the average daily volume of 861 put options.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Allot Communications stock. FNY Investment Advisers LLC raised its holdings in Allot Communications Ltd (NASDAQ:ALLT) by 345.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,537 shares of the communications equipment provider’s stock after purchasing an additional 26,778 shares during the quarter. FNY Investment Advisers LLC owned 0.09% of Allot Communications worth $205,000 at the end of the most recent reporting period. Institutional investors own 51.50% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Allot Communications from a “hold” rating to a “buy” rating in a report on Saturday, February 15th.

Allot Communications Stock Down 1.9 %

Allot Communications stock traded down $0.12 during midday trading on Thursday, hitting $6.20. 421,180 shares of the company’s stock were exchanged, compared to its average volume of 1,047,425. Allot Communications has a 12 month low of $1.92 and a 12 month high of $9.44. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.06 and a current ratio of 2.32. The company has a market cap of $238.34 million, a PE ratio of -9.54 and a beta of 1.05. The firm has a 50-day moving average of $7.25 and a two-hundred day moving average of $4.86.

Allot Communications (NASDAQ:ALLT) last released its quarterly earnings results on Tuesday, February 25th. The communications equipment provider reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.07. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%. The business had revenue of $24.91 million during the quarter, compared to analyst estimates of $24.40 million. As a group, analysts expect that Allot Communications will post -0.18 earnings per share for the current fiscal year.

About Allot Communications

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.