Sentiment for Channeladvisor Corp (NYSE:ECOM)
Channeladvisor Corp (NYSE:ECOM) institutional sentiment increased to 1.58 in 2018 Q2. Its up 0.90, from 0.68 in 2018Q1. The ratio has increased, as 41 funds started new and increased stock positions, while 26 sold and decreased their stock positions in Channeladvisor Corp. The funds in our partner’s database now have: 19.85 million shares, up from 19.02 million shares in 2018Q1. Also, the number of funds holding Channeladvisor Corp in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 20 Increased: 23 New Position: 18.
ChannelAdvisor Corporation provides software-as-a-service solutions worldwide. The company has market cap of $279.81 million. The Company’s solutions enable its retailer and branded maker clients to integrate, manage, and optimize their merchandise sales on various online channels. It currently has negative earnings. The companyÂ’s suite of solutions include various modules, including Marketplaces module that connects clients to third-party marketplaces; and Digital Marketing module, which connects clients to compare shopping Websites that allow clients to advertise products on search engines.
The stock decreased 0.44% or $0.05 during the last trading session, reaching $10.24. About 40,660 shares traded. ChannelAdvisor Corporation (NYSE:ECOM) has risen 4.50% since December 7, 2017 and is uptrending. It has underperformed by 11.12% the S&P500.
Analysts await ChannelAdvisor Corporation (NYSE:ECOM) to report earnings on February, 12. They expect $-0.04 earnings per share, down 100.00 % or $0.02 from last year’s $-0.02 per share. After $-0.08 actual earnings per share reported by ChannelAdvisor Corporation for the previous quarter, Wall Street now forecasts -50.00 % EPS growth.
Archon Capital Management Llc holds 3.8% of its portfolio in ChannelAdvisor Corporation for 869,413 shares. G2 Investment Partners Management Llc owns 507,911 shares or 2.36% of their US portfolio. Moreover, Arrowmark Colorado Holdings Llc has 0.53% invested in the company for 4.09 million shares. The Minnesota-based Disciplined Growth Investors Inc Mn has invested 0.18% in the stock. Cortina Asset Management Llc, a Wisconsin-based fund reported 227,926 shares.
Since January 1, 0001, it had 0 buys, and 5 selling transactions for $970,849 activity.
ChannelAdvisor Corporation (NYSE:ECOM) Ratings Coverage
Ratings analysis reveals 100% of ChannelAdvisor’s analysts are positive. Out of 2 Wall Street analysts rating ChannelAdvisor, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $1700 while the high is $17.5. The stock’s average target of $17.25 is 68.46% above today’s ($10.24) share price. ECOM was included in 2 notes of analysts from June 13, 2018. First Analysis maintained ChannelAdvisor Corporation (NYSE:ECOM) on Wednesday, June 13 with “Buy” rating.
More notable recent ChannelAdvisor Corporation (NYSE:ECOM) news were published by: Fool.com which released: “Walmart Inc. (WMT) Q3 2018 Earnings Conference Call Transcript – Motley Fool” on November 15, 2018, also Cnbc.com with their article: “Stocks making the biggest moves after hours: Baidu, Fossil, Chipotle & more – CNBC” published on February 13, 2018, Fool.com published: “Dick’s Sporting Goods Inc (DKS) Q3 2018 Earnings Conference Call Transcript – The Motley Fool” on November 28, 2018. More interesting news about ChannelAdvisor Corporation (NYSE:ECOM) were released by: Benzinga.com and their article: “From Goods To Services: Who Will Be Left In The Dark?|(NASDAQ: ADBE)(NASDAQ: BV)(NYSE: ECOM)(NYSE: HUBS)(NYSE: SHOP) – Benzinga” published on November 17, 2016 as well as Finance.Yahoo.com‘s news article titled: “5 Breakout Stocks Offering Extraordinary Returns – Yahoo Finance” with publication date: May 24, 2018.
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