07 September, 2017
Following the completion of the sale, the director now owns 3,358 shares in the company, valued at $276,665.62. The hedge fund run by Alex Sacerdote held 1.11 million shares of the technology company at the end of 2016Q4, valued at $92.66M, up from 858,454 at the end of the previous reported quarter. Managing confidence in the markets may play a pivotal role when making tough investing decisions. The stock declined 1.64% or $1.41 reaching $84.39 on the news. Ellie Mae Inc (NYSE:ELLI) has risen 37.10% since September 2, 2016 and is uptrending.
Outfitter Advisors Ltd increased its stake in Cme Group Inc (CME) by 70.02% based on its latest 2016Q4 regulatory filing with the SEC. 694,455 shares of the company's stock were exchanged. The value of the total investment in Ellie Mae, Inc. decreased from $5,014,000 to $4,396,000 decreasing 12.3% since the last quarter.
Ellie Mae, Inc. now has a P/E ratio of 56.90 and the market cap is 2.95B. The stock increased 0.36% or $0.45 on September 1, reaching $126.25. Following the transaction, the director now directly owns 5,547 shares in the company, valued at approximately $623,482.80. CommVault Systems, Inc. (NASDAQ:CVLT) has risen 28.52% since September 4, 2016 and is uptrending. It has outperformed by 8.65% the S&P500.
Investors sentiment increased to 1.33 in Q4 2016. Its up 0.34, from 1.35 in 2016Q3.
These funds have also shifted positions in (ELLI). Finally, Bank of America Corporation started coverage on shares of Ellie Mae in a research note on Monday, May 15th. Wells Fargo Communications Mn holds 0.02% or 660,920 shares in its portfolio. The original version of this story can be accessed at https://baseballnewssource.com/markets/valuengine-upgrades-ellie-mae-inc-elli-to-hold/1572648.html. Columbia Prns L L C Investment holds 0.4% of its portfolio in Ellie Mae Inc (NYSE:ELLI) for 53,971 shares. Ellie Mae Inc. now has $3.05B valuation. The company's institutional ownership is monitored at 0 percent. Summit Creek Advsr Ltd Limited Liability Company, Minnesota-based fund reported 120,314 shares. Peak6 Invests Lp holds 0.02% or 29,237 shares. BlackRock Inc. lifted its holdings in shares of Ellie Mae by 83,812.6% during the 1st quarter. Navellier And Incorporated stated it has 0.14% of its portfolio in Ellie Mae Inc (NYSE:ELLI). Sumitomo Mitsui Asset Ltd accumulated 10,700 shares. 321,619 were reported by California State Teachers Retirement. It also reduced its holding in Wayfair Inc (NYSE:W) by 390,812 shares in the quarter, leaving it with 34,939 shares, and cut its stake in Shopify Inc. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. TYRRELL JOSEPH P. sold $336,046 worth of stock. $429,320 worth of stock was sold by SPENCER JEB S. on Friday, May 12. The insider BLASING KAREN sold $132,593. Levels above -20 may indicate the stock may be considered is overbought. Therefore 73% are positive. The stock now has a consensus rating of Hold and an average price target of $116.54. The stock has "Buy" rating by TH Capital on Friday, July 31. The rating was maintained by Mizuho with "Buy" on Friday, September 9. Morgan Stanley reiterated an "equal weight" rating and issued a $115.00 target price (up previously from $106.00) on shares of Ellie Mae in a research report on Thursday, July 20th. On Tuesday, October 18 the stock rating was maintained by Stifel Nicolaus with "Buy". Tiedemann Wealth Mngmt Lc reported 0.02% in Ellie Mae Inc (NYSE:ELLI). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in Ellie Mae Inc (NYSE:ELLI) or 1,220 shares. A reading between -80 to -100 may be typically viewed as strong oversold territory. CME Group had 39 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, July 17 with "Buy". Gabelli Funds Ltd invested 0% of its portfolio in ORBCOMM Inc (NASDAQ:ORBC).
Since March 6, 2017, it had 0 insider buys, and 27 sales for $14.15 million activity. Piell Hilda Harris sold 3,043 shares worth $378,123.
In other news, CEO Jonathan Corr sold 2,210 shares of the business's stock in a transaction that occurred on Wednesday, June 7th. 4,315 shares were sold by Winkler Julie, worth $539,148. It also upped K2m Group Holdings Inc (NASDAQ:KTWO) stake by 156,934 shares and now owns 921,137 shares.
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