Egain Corp: Bank Of Montreal Makes Purchase

February 14, 2018 - By Dolores Ford

 Egain Corp: Bank Of Montreal  Makes Purchase

Investors sentiment increased to 2.4 in 2017 Q3. Its up 2.04, from 0.36 in 2017Q2. It is positive, as 3 investors sold eGain Corporation shares while 2 reduced holdings. 7 funds opened positions while 5 raised stakes. 13.95 million shares or 9.06% more from 12.79 million shares in 2017Q2 were reported.

Vanguard Incorporated reported 0% in eGain Corporation (NASDAQ:EGAN). Laurion Capital Mgmt Lp stated it has 382,671 shares. 72,309 were reported by Geode Cap Mgmt Ltd Liability. Northern Trust Corp accumulated 40,327 shares or 0% of the stock. Royal National Bank & Trust Of Canada reported 17 shares. Acadian Asset Mgmt Lc holds 0% of its portfolio in eGain Corporation (NASDAQ:EGAN) for 2,118 shares. Moreover, Bank Of Ny Mellon Corporation has 0% invested in eGain Corporation (NASDAQ:EGAN) for 12,115 shares. Renaissance Technology Limited Liability Company has invested 0% in eGain Corporation (NASDAQ:EGAN). Bankshares Of America De owns 65 shares. Blackrock Inc holds 0% or 68,339 shares. Fmr Limited Company holds 113,400 shares. Bank & Trust Of Montreal Can reported 0.02% in eGain Corporation (NASDAQ:EGAN). Macquarie Grp Limited has 0% invested in eGain Corporation (NASDAQ:EGAN) for 17,043 shares. California Pub Employees Retirement Systems holds 35,800 shares. 57,394 are held by Deutsche Bancshares Ag.

Since December 8, 2017, it had 0 insider purchases, and 3 insider sales for $103,426 activity.

The New Bank Of Montreal Holding in Egain Corp

Bank Of Montreal reported SC 13G/A form with the SEC for Egain Corp. Access it here: 000119312518044113. As reported by Bank Of Montreal , the filler owns 30.8655% or 8,405,591 shares of the Information Technology–company.

Egain Corp stake is new for [reportingPerson]. Date of activity: Dec 31,2017. This shows Bank Of Montreal ’s positive view for Egain Corp. For a institutional investor managing $34.23 billion in assets and having 204+ experts this is interesting position.

Egain Corp Institutional Sentiment

Filings show 21 investors own Egain Corp. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 5265546. 10013924 were owned by these investors. 2 funds opened new Egain Corp stakes, 8 increased positions. There were 6 that closed positions and 3 reduced them.

Vanguard Group Inc is an investor bullish on Egain Corp, owning 4803077 shares as of Q3 2015 for 0.01% of its portfolio. Chubb Corp owns 21355 shares or less than 0.01% of its portfolio. IL Murphy Michael R have 1.83% of its portfolio for 1343391 shares. Further, Nokomis Capital Llc reported stake worth 1.41% of its portfolio. The NJ Oaktop Capital Management Ii Lp owns 2036843 shares. Egain Corp is 1.82% of its portfolio.

Business Profile

eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company optimizes service processes across the Web, social and phone channels. The Company’s solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies. The Company is engaged in the development, license, implementation and support of customer service infrastructure software solutions. The Company offers eGain solution, which is designed for B2C businesses to do business with their customers. The Company offers eGain OpenCEH, which is an engagement hub platform. The eGain suite includes Mobile applications; Social applications; Web applications; Desktop applications; Management applications and analytics; Messaging applications; eGain OpenCEH, and eGain Connectors. It provides analytics capability to various contact centers for intra-day resource measurement and management, managing operational agility, and agent productivity.

SEC Form 13G.

Bank Of Montreal website.

The stock increased 13.56% or $0.8 during the last trading session, reaching $6.7. About 415,496 shares traded or 137.13% up from the average. eGain Corporation (NASDAQ:EGAN) has declined 47.54% since February 14, 2017 and is downtrending. It has underperformed by 64.24% the S&P500.

eGain Corporation provides cloud-based customer engagement software solutions worldwide. The company has market cap of $182.63 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.

eGain Corporation (NASDAQ:EGAN) Ratings Coverage

Among 5 analysts covering eGain Comm. (NASDAQ:EGAN), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. eGain Comm. has $8.0 highest and $2.50 lowest target. $5.17’s average target is -22.84% below currents $6.7 stock price. eGain Comm. had 10 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, May 9 by Ladenburg Thalmann. The firm earned “Buy” rating on Friday, September 11 by Needham. The rating was downgraded by Ladenburg Thalmann to “Neutral” on Thursday, November 10. The rating was maintained by Benchmark on Monday, February 13 with “Hold”. Benchmark upgraded the stock to “Buy” rating in Friday, February 9 report. Craig Hallum upgraded the stock to “Buy” rating in Monday, October 2 report. The company was downgraded on Tuesday, August 4 by Craig Hallum. The firm has “Buy” rating by Ladenburg Thalmann given on Friday, September 9. Roth Capital maintained it with “Buy” rating and $8.0 target in Tuesday, January 16 report. The stock of eGain Corporation (NASDAQ:EGAN) has “Hold” rating given on Friday, September 9 by Benchmark.

More recent eGain Corporation (NASDAQ:EGAN) news were published by: Globenewswire.com which released: “eGain expands European presence with UK cloud” on February 13, 2018. Also Globenewswire.com published the news titled: “Waddell & Reed Financial, Inc. Selects eGain for Omnichannel Customer Service” on January 17, 2018. Nasdaq.com‘s news article titled: “eGain Corporation :Consumers Say No to Chatbot Silos in US and UK Survey” with publication date: February 07, 2018 was also an interesting one.

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