HPE to buy Nimble Storage for $1.09 billion

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'Sizable' Call Buying in Nimble Storage (NMBL) Following its Acquisition by HP Enterprises (HPE) for $1B - Susquehanna

March 7, 2017 1:49 PM EST

Susquehanna options strategist Alison Edwards suggests investors were active following the HP Enterprises (NYSE: HPE) $1 billion deal for Nimble Storage (NYSE: NMBL), buying 16,000 April 12.5 Calls.

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BMO Capital Downgrades Nimble Storage (NMBL) to Market Perform Amid Takeover

March 7, 2017 12:09 PM EST

BMO Capital downgraded Nimble Storage (NYSE: NMBL) from Outperform to Market Perform with a price target of $12.50.

Analyst Tim Long commented, "Earlier today, Hewlett Packard Enterprise announced its intent to acquire Nimble Storage, our top small cap pick for 2017, for $12.50 per... More

Nimble Storage (NMBL) Tops Q4 EPS by 2c

March 7, 2017 8:03 AM EST

In addition to announcing an acquisition by Hewlett Packard Enterprise, Nimble Storage (NYSE: NMBL) reported Q4 EPS of ($0.12), $0.02 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $117 million versus the consensus estimate of $113.61 million.

For earnings history and earnings-related data on Nimble Storage (NMBL) click here.

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