Is Mam Software Group Inc (NASDAQ:MAMS)’s Fuel Running High? Reports Show Less Sellers

March 20, 2018 - By Maria Brooks

 Is Mam Software Group Inc (NASDAQ:MAMS)’s Fuel Running High? Reports Show Less Sellers

Investors sentiment decreased to 2 in 2017 Q3. Its down 2.00, from 4 in 2017Q2. It turned negative, as 0 investors sold MAM Software Group, Inc. shares while 1 reduced holdings. 0 funds opened positions while 2 raised stakes. 3.82 million shares or 50.00% less from 7.63 million shares in 2017Q2 were reported.
Blackrock Incorporated holds 0% in MAM Software Group, Inc. (NASDAQ:MAMS) or 4,116 shares. Royal Retail Bank Of Canada reported 0% in MAM Software Group, Inc. (NASDAQ:MAMS). Cove Street Capital Lc stated it has 519,200 shares or 0.42% of all its holdings. 10,330 were reported by Minerva Ltd Limited Liability Company. Panagora Asset Mgmt Inc has 0% invested in MAM Software Group, Inc. (NASDAQ:MAMS). Wynnefield reported 3.28M shares or 8.56% of all its holdings.

Since December 18, 2017, it had 0 insider buys, and 2 sales for $1.52 million activity. Lewis William Austin IV had sold 122,000 shares worth $915,000 on Monday, December 18.

The stock of Mam Software Group Inc (NASDAQ:MAMS) registered a decrease of 60% in short interest. MAMS’s total short interest was 200 shares in March as published by FINRA. Its down 60% from 500 shares, reported previously. With 3,400 shares average volume, it will take short sellers 0 days to cover their MAMS’s short positions.

The stock decreased 0.66% or $0.05 during the last trading session, reaching $7.55. About 80,267 shares traded or 870.46% up from the average. MAM Software Group, Inc. (NASDAQ:MAMS) has risen 12.68% since March 20, 2017 and is uptrending. It has underperformed by 4.02% the S&P500.

MAM Software Group, Inc., through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. The company has market cap of $94.96 million. It provides business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits; e-commerce and online services and products that connect manufacturers, warehouse distributors, retailers, and automotive service providers through the Internet; and customer support and consulting services comprising phone and online support, and implementation and training services. It has a 21.45 P/E ratio. The companyÂ’s business management solutions include Autopart for warehouse distributors that seek to manage various locations and inventories on a single system, as well as parts store chains that seek to manage multiple locations and inventories on a single system for a regional area; and VAST, a product for large-to medium-sized automotive service and tire chains.

MAM Software Group, Inc. (NASDAQ:MAMS) Ratings Coverage

Among 2 analysts covering Mam Software Group (NASDAQ:MAMS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Mam Software Group had 4 analyst reports since November 12, 2015 according to SRatingsIntel. The stock of MAM Software Group, Inc. (NASDAQ:MAMS) has “Neutral” rating given on Monday, October 2 by B. Riley & Co. B. Riley & Co downgraded MAM Software Group, Inc. (NASDAQ:MAMS) on Thursday, November 12 to “Neutral” rating. The stock of MAM Software Group, Inc. (NASDAQ:MAMS) has “Neutral” rating given on Monday, February 12 by B. Riley & Co.

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