Egain Corp Stock as Institutional Investors Enter

May 26, 2018 - By reb123z

eGain Corporation (NASDAQ:EGAN) Logo

Sentiment for Egain Corp (NASDAQ:EGAN)

Egain Corp (NASDAQ:EGAN) institutional sentiment increased to 4.8 in Q4 2017. Its up 2.40, from 2.4 in 2017Q3. The ratio has increased, as 24 hedge funds increased or opened new holdings, while 5 sold and trimmed positions in Egain Corp. The hedge funds in our partner’s database now hold: 27.81 million shares, up from 13.95 million shares in 2017Q3. Also, the number of hedge funds holding Egain Corp in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 2 Reduced: 3 Increased: 11 New Position: 13.

eGain Corporation provides cloud-based customer engagement software solutions worldwide. The company has market cap of $333.80 million. The firm offers eGain software suite, including eGain Mobile for businesses to offer engagement options in the eGain suite to mobile users. It currently has negative earnings. It also provides Web applications comprising eGain Offers that helps businesses engage visitors on the firm Website and Facebook fan pages; eGain Virtual Assistant that enables conversational automation to engage clients across digital touch points; eGain Cobrowse that enables phone and chat reps to show clients around the Website, help locate information, and hand-hold them during complex tasks; eGain Super Chat for Website visitors to conduct chats with agents; eGain ClickToCall provides Website visitors the ability to request a callback; and eGain SelfService to support customer self-service options.

The stock decreased 1.22% or $0.15 during the last trading session, reaching $12.15. About 421,460 shares traded or 118.14% up from the average. eGain Corporation (NASDAQ:EGAN) has risen 412.87% since May 26, 2017 and is uptrending. It has outperformed by 401.32% the S&P500.

Analysts await eGain Corporation (NASDAQ:EGAN) to report earnings on September, 5. After $0.01 actual EPS reported by eGain Corporation for the previous quarter, Wall Street now forecasts -500.00 % negative EPS growth.

Oaktop Capital Management Ii L.P. holds 2.68% of its portfolio in eGain Corporation for 2.54 million shares. Thompson Davis & Co. Inc. owns 8,500 shares or 0.11% of their US portfolio. Moreover, Eam Investors Llc has 0.1% invested in the company for 138,116 shares. The Ontario – Canada-based Bank Of Montreal Can has invested 0.04% in the stock. Virtu Financial Llc, a New York-based fund reported 52,773 shares.

Since January 1, 0001, it had 0 insider buys, and 8 selling transactions for $825,891 activity.

eGain Corporation (NASDAQ:EGAN) Ratings Coverage

Ratings analysis reveals 100% of eGain Corp’s analysts are positive. Out of 2 Wall Street analysts rating eGain Corp, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $8.0 while the high is $1200. The stock’s average target of $11.50 is -5.35% below today’s ($12.15) share price. EGAN was included in 4 notes of analysts from January 16, 2018. The firm earned “Buy” rating on Tuesday, January 16 by Roth Capital. The firm earned “Buy” rating on Friday, February 9 by Benchmark. The firm earned “Buy” rating on Thursday, April 5 by Roth Capital. Benchmark maintained eGain Corporation (NASDAQ:EGAN) on Tuesday, May 8 with “Buy” rating.

More important recent eGain Corporation (NASDAQ:EGAN) news were published by: Nasdaq.com which released: “eGain Reports 30% Growth Year Over Year in Recurring Revenue in Q3 2018” on May 07, 2018, also Globenewswire.com published article titled: “eGain launches eGain Solve for Amazon Connect”, Seekingalpha.com published: “eGain’s (EGAN) CEO Ashu Roy on Q3 2018 Results – Earnings Call Transcript” on May 08, 2018. More interesting news about eGain Corporation (NASDAQ:EGAN) was released by: Benzinga.com and their article: “53 Biggest Movers From Yesterday” with publication date: May 09, 2018.

eGain Corporation (NASDAQ:EGAN) Institutional Positions Chart

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