The Backblaze-CTERA partnership establishes a compelling, new, cost-effective storage option for companies that wish to tier their data to the cloud for redundancy and collaboration.” “CTERA is committed to providing the widest choice of cloud to our customers. “We’re seeing a massive shift from traditional NAS to cloud NAS and from edge to core access as organizations evolve and expand,” Oded Nagel, Chief Strategy Officer of CTERA, observed. The Backblaze and CTERA partnership provides a modern, all-in-one, cloud file storage solution that extends and expands the capabilities of traditional NAS and file servers in the cloud-freeing IT teams to do more with the resources typically reserved for troubleshooting or replacing on-premises hardware. (Nasdaq: BLZE), a leading independent storage cloud platform, and CTERA, a leader in distributed cloud file storage for enterprises, announce a partnership to make life easier for IT admins challenged by on-premises file server and NAS management in an age of rapidly expanding remote workforces and global collaboration. 84,100 shares of the company traded hands, compared to its average volume of 130,775.SAN MATEO, Calif., Ma(GLOBE NEWSWIRE) - Backblaze, Inc. Shares of NASDAQ BLZE traded down 0.10 during trading on Friday, hitting 7.50. The stock was sold at an average price of 5.02, for a total value of 10,040.00.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Following the completion of the transaction, the insider now directly owns 422,000 shares in the company, valued at approximately 3,101,700. The stock was sold at an average price of 7.35, for a total transaction of 14,700.00.
( NASDAQ:BLZE - Get Rating) major shareholder Kwok Hang Ng sold 2,000 shares of the firm's stock in a transaction dated Friday, August 19th. 7 Stagflation Stocks to Help Navigate Periods of Low Growthīackblaze, Inc.7 Commodities ETFs to Help Build a Hedge Against Inflation.7 Dividend Stocks That Earn 10% Every Month.7 Dividend Aristocrats to Help You Take the Bite Out of the Bear.10 Recession-Proof Stocks That Will Let You Wait Out the Bear.7 Stocks with the Pricing Power to Push Through High Inflation.7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Rates.7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time.7 Stocks to Buy to Outrun Rising Interest Rates.7 Sports Betting Stocks to Buy for Their Long-Term Possibilities.7 Water Stocks to Buy as the World Dries Up.Streaming Music is Driving Live Nation’s Domination.DocuSign Has Important Issues to Address When it Reports Earnings.Chip Gear Maker Entegris Has Potential, But Is It Buyable Now?.Will Royal Caribbean's Broadband Partnership Drive Revenue?.Is Alcoa A Buy After Strong Q2 Results And More Share Buybacks?.Could Nike Stock be Oversold, but Still Overvalued?.Could Snap Stock Rebound As Management Restructures?.The Trader's Guide to Equities Research.