Avigilon ~$18 Million Stock Buy Back Again

Author: John Honovich, Published on Nov 12, 2015

Earlier this year, with the stock trading in the ~$18 range, Avigilon bought $39 Million of their own stock. Now, the stock is down under $12.

But Avigilon's confidence in itself has not waned, with their recent purchase of another $18 million in stock.

In this note, we examine the move and its competitive impact.

******* **** ****, **** *** ***** ******* ** *** ~$** range,******** ****** $** ******* ** ***** *** *****. ***, *** ***** ** **** ***** $**.

*** ********'* ********** ** ****** *** *** *****, **** ***** recent ******** ** ******* $** ******* ** *****.

** **** ****, ** ******* *** **** *** *** *********** impact.

[***************]

Buyback *******

**** ********* **** ** ******* ****, ******** ****** **** ~*.* million ****** ** ** ******* ***** ** ~$**.**. **** ** in ******** ** *** / ****, ***** ********** *.* ******* ****** ** ** ******* ***** ** $**.**.

Price ******** ******** ** ********

**** *****, *** ***** ********* ****** *** ****** ** *** buyback. ** *** / ****, *** ***** **** **** $**.** to $**.**. ** ********* / *******, *** ***** **** **** $11.46 ** $**.**. *******, *** ***** ** *** **** **** to $**.** ** *** **** ** **** ***********.

$100 ******* ********* ******* $** ******* ******

** ***** ****, ******** **** ~*.* ******* ****** ** $** a *****. ** *** ****, **** **** ********* **** ***** use *** ********"**** *** ******** *** ******* ********* ******** *** *** ********* strategic ************."*** **** **** ****** **** ** ***** ** ******* ****** of ****** ** ~$**.

***********, **** **** * *** ** *****. *** ~$** ******* profit ** *** ******* ** ~** ***** *** ****** *** 2015 ** ***.

** *** ***** ****, **** ***** **** *** ******** / distrust **** **** ********* **** *** **** (*.*.,******** '************ **********' / '*************' ***,******** *** ***** ** ******* ******** **********) ** ********.

*******

******** ** ***** **** **** ***** ***** ** ~$**, *** stock ** ~$** *** **** *****. *******, ***** *** ***** decline ** ********'* ******* ****** **** *** *** ********** *************** / ********** ** *** ***** ************ ********, ***** ** * real *********** **** *** ***** **** *** ** **** ****** or *******.

******* ** **** ** ** ***, *** ********* *** ******* of ****** ***** **** ********'* *** ** ***** ********* ** the ********* ** ******** *** *** ****** ** *** ***** price. ** *** ********* ***** ** *** / **** ****** at ~$**, ***** ****** *** ********* *******, *** ** ******* to ** **** ** **** *** **** ** ****** ***.

Comments (5)

Undisclosed 1

| 11/12/15 07:29pm

***********, **** **** * *** ** *****. *** ~$** ******* profit ** *** ******* ** ~** ***** *** ****** *** 2015 ** ***.

*** *** *** **** ***** ****** ***** **** *** ***** goes **** ***** *** *** **?

John Honovich

IPVM Admin | In reply to Undisclosed 1 | 11/12/15 09:01pm

*** ******** ******. * **** *** * ******** *** $****, you **** *** ***** **** ******** **** ** ** *** $50m. * **** $***, ***? *** ********* ** *** ******** now ******** ** $***. **** * **** ** ********** **** for $*** *** ***** $*** **** **** *** ******** ***********, yes?

Undisclosed 1

In reply to John Honovich | 11/12/15 10:14pm

* **** *** * ******** *** $****...

**** **, **** ********* *** *** ********? $*, $***, $****.

***'* *** *** ********* ****, $***.

******** $*** **** $****.*** **** **** $***. ******** ********: $***

*** **** *** ***** **** ******** **** ** ** *** $50m.

**, **** ** **** ******** ***** ** *** **** * am ******* ** **** ** ***? $***.

$*** ******** *** $*** ** ****.** ****** ** ****.******** ********: $***

*** ********* ** *** ******** ** *** $***.

*** **** * ***** **** ** $***.******** ********: $***

*** *** $*** ****** *** **** **** *** ******* ** buy **** *** ********, *****?

John Honovich

IPVM Admin | In reply to Undisclosed 1 | 11/12/15 11:35pm

*** ********** *** ******** ** ********* **** *** ***** ** temporarily ***********, *******?

******** ** *** ********, "****, ** **** *** ***** ** never ***** ** *** *** **** ** ** **** *** let's *** ** ******."

****'* *** * * ****** **** *** ****** ***** ** it (** ** ***** **** **, ******* **** ***** ***********, it ** *********** ***********).

******** ***** ** ***** *** ***** **** ***** *** *** investors *** ****** ** ** $** *** ******* *** *** losers, **** **** ******* ** *** **** **** ******** **** their ********** *** ** ****** *** ** *** **** ** a ***** *****.

Hal Bennick

| 11/17/15 11:31pm

**** ** *** **** ****** ** ****** * **********, **** Skittles.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Most Recent Industry Reports

Camio Natural Language Processing Tested on Sep 27, 2016
The ex-Googler led team from Camio has advanced its video monitoring offering to include natural language processing. Camio ingests video,...
Hacked Dahua Cameras Drive Massive Cyber Attack on Sep 27, 2016
Cyber attacks are accelerating and IP cameras are behind many of them. Worse, last week, a 'massive' attack was carried out using numerous Dahua...
Axis Secretly Paid Anixter Sales People To Push Axis NVRs on Sep 26, 2016
Internal Axis communication shows how Axis paid Anixter and Tri-Ed sales people with secret bonuses to push Axis NVRs. In this report, we examine...
VLANs for Video Surveillance on Sep 26, 2016
Many people confidently say to 'use VLANs' as an answer to IP video networking problems and as a way to signal expertise. But how should VLANs be...
Ambarella CEO Admits H.265 and 4K Not Popular on Sep 26, 2016
Ambarella is the main chip provider for high-end surveillance cameras driving higher resolution and new CODECs. While Ambarella has been pushing...
Nest Cam Outdoor Tested on Sep 23, 2016
After years of claiming an outdoor model was "coming", addressing their biggest user demand, Nest has finally released their Outdoor Camera, an...
ACTi Refuses Race To The Bottom, Shifts To Solutions on Sep 23, 2016
The original low cost IP camera disruptor was ACTi. Back in the 2008 - 2010 time frame, Taiwanese manufacturer ACTi challenged the Western and...
You Get Robbed, Canary Will Pay You Up To $1,000 on Sep 22, 2016
Canary is trying to break the status quo in DIY security, first by raising over $40 million, and now a revamp of their monthly services package...
Milestone Ends Development of "Enterprise" VMS on Sep 22, 2016
Milestone 'Enterprise' was one of the first enterprise video management software offerings, selected by many early adopters of IP video. However,...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact