Institutional Investor Sentiment About Egain Corp (NASDAQ:EGAN) Improved

July 14, 2018 - By Dolores Ford

eGain Corporation (NASDAQ:EGAN) Logo

Sentiment for Egain Corp (NASDAQ:EGAN)

Egain Corp (NASDAQ:EGAN) institutional sentiment decreased to 4.67 in Q1 2018. Its down -0.13, from 4.8 in 2017Q4. The ratio has worsened, as 42 investment managers started new and increased positions, while 9 sold and decreased their holdings in Egain Corp. The investment managers in our partner’s database now own: 32.38 million shares, up from 27.81 million shares in 2017Q4. Also, the number of investment managers holding Egain Corp in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 4 Increased: 16 New Position: 26.

eGain Corporation provides cloud-based customer engagement software solutions worldwide. The company has market cap of $377.76 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 6.14% or $0.9 during the last trading session, reaching $13.75. About 851,802 shares traded or 86.08% up from the average. eGain Corporation (NASDAQ:EGAN) has risen 683.82% since July 14, 2017 and is uptrending. It has outperformed by 671.25% the S&P500.

Analysts await eGain Corporation (NASDAQ:EGAN) to report earnings on September, 5. After $0.01 actual earnings per share reported by eGain Corporation for the previous quarter, Wall Street now forecasts -300.00 % negative EPS growth.

Oaktop Capital Management Ii L.P. holds 4.22% of its portfolio in eGain Corporation for 2.54 million shares. Eam Investors Llc owns 280,498 shares or 0.37% of their US portfolio. Moreover, Thompson Davis & Co. Inc. has 0.22% invested in the company for 10,500 shares. The Ontario – Canada-based Hillsdale Investment Management Inc. has invested 0.2% in the stock. Bank Of Montreal Can, a Ontario – Canada-based fund reported 8.41 million shares.

Since January 1, 0001, it had 0 insider purchases, and 8 insider sales for $1.00 million 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 $2600. The stock’s average target of $19 is 38.18% above today’s ($13.75) share price. EGAN was included in 5 notes of analysts from January 16, 2018. The stock has “Buy” rating by Roth Capital on Thursday, April 5. As per Thursday, June 7, the company rating was maintained by Roth Capital. Roth Capital maintained the stock with “Buy” rating in Tuesday, January 16 report. The firm has “Buy” rating by Benchmark given on Tuesday, May 8. The rating was upgraded by Benchmark to “Buy” on Friday, February 9.

More recent eGain Corporation (NASDAQ:EGAN) news were published by: Globenewswire.com which released: “eGain Added to the Russell 2000® and Russell 3000® Indexes” on June 27, 2018. Also Nasdaq.com published the news titled: “3 Tech Stocks for Growth Investors to Buy Now” on June 26, 2018. Globenewswire.com‘s news article titled: “UW Credit Union Selects eGain AI for Member Service” with publication date: June 28, 2018 was also an interesting one.

eGain Corporation (NASDAQ:EGAN) Institutional Positions Chart

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