2 weeks Ago By ABMN Staff
Renaissance Technologies LLC lifted its stake in eGain Co. ( NASDAQ:EGAN – Free Report ) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The firm owned 643,319 shares of the technology company’s stock after buying an additional 20,600 shares during the period. Renaissance Technologies LLC owned approximately 2.16% of eGain worth $4,059,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in the stock. Acadian Asset Management LLC raised its position in eGain by 8.6% during the second quarter.
Acadian Asset Management LLC now owns 984,257 shares of the technology company’s stock valued at $6,207,000 after purchasing an additional 78,051 shares in the last quarter. Hillsdale Investment Management Inc. raised its position in eGain by 90.
0% during the first quarter. Hillsdale Investment Management Inc. now owns 160,972 shares of the technology company’s stock valued at $1,038,000 after purchasing an additional 76,269 shares in the last quarter.
BNP Paribas Financial Markets raised its position in eGain by 100.5% during the fourth quarter. BNP Paribas Financial Markets now owns 40,525 shares of the technology company’s stock valued at $338,000 after purchasing an additional 20,315 shares in the last quarter.
Assenagon Asset Management S.A. raised its position in eGain by 31.
3% during the second quarter. Assenagon Asset Management S.A.
now owns 62,468 shares of the technology company’s stock valued at $394,000 after purchasing an additional 14,893 shares in the last quarter. Finally, Trexquant Investment LP raised its position in eGain by 27.9% during the fourth quarter.
Trexquant Investment LP now owns 55,101 shares of the technology company’s stock valued at $459,000 after purchasing an additional 12,027 shares in the last quarter. 53.94% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In EGAN has been the subject of a number of recent research reports. Roth Mkm restated a “buy” rating and issued a $12.00 price objective on shares of eGain in a report on Friday, September 6th.
Craig Hallum increased their price objective on eGain from $6.00 to $7.00 and gave the company a “hold” rating in a report on Friday, September 6th.
Finally, StockNews.com upgraded eGain from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 17th. eGain Stock Performance NASDAQ:EGAN opened at $5.
17 on Friday. The firm has a market cap of $154.21 million, a price-to-earnings ratio of 18.
46 and a beta of 0.45. eGain Co.
has a 52 week low of $4.81 and a 52 week high of $8.52.
The firm has a 50-day moving average price of $6.44 and a two-hundred day moving average price of $6.33.
About eGain ( Free Report ) eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge. Recommended Stories Receive News & Ratings for eGain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eGain and related companies with MarketBeat.
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