Seizert Capital Partners LLC Raises Stock Holdings in eGain Co. (NASDAQ:EGAN)

Seizert Capital Partners LLC boosted its holdings in eGain Co. (NASDAQ:EGAN) by 99.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,068 shares of the technology company’s stock after purchasing an additional 18,989 shares during the period. Seizert Capital Partners LLC owned about 0.13% of eGain worth $194,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Williams & Novak LLC bought a new position in eGain during the 3rd quarter worth approximately $66,000. BNP Paribas Financial Markets lifted its holdings in eGain by 7.0% during the 1st quarter. BNP Paribas Financial Markets now owns 43,377 shares of the technology company’s stock worth $280,000 after buying an additional 2,852 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in eGain by 31.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 62,468 shares of the technology company’s stock worth $394,000 after buying an additional 14,893 shares during the last quarter. Sei Investments Co. raised its position in shares of eGain by 2.1% during the 2nd quarter. Sei Investments Co. now owns 163,132 shares of the technology company’s stock worth $1,029,000 after purchasing an additional 3,384 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of eGain by 3.3% during the 2nd quarter. Renaissance Technologies LLC now owns 643,319 shares of the technology company’s stock worth $4,059,000 after purchasing an additional 20,600 shares during the period. Hedge funds and other institutional investors own 53.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EGAN shares. StockNews.com cut eGain from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 12th. Roth Mkm reiterated a “buy” rating and set a $12.00 price target on shares of eGain in a research report on Friday, September 6th. Finally, Craig Hallum increased their price target on eGain from $6.00 to $7.00 and gave the stock a “hold” rating in a research report on Friday, September 6th.

eGain Stock Down 2.6 %

EGAN opened at $5.24 on Monday. eGain Co. has a 12 month low of $4.71 and a 12 month high of $8.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.79 and a quick ratio of 1.71. The stock has a market cap of $149.47 million, a P/E ratio of 27.58 and a beta of 0.44. The stock’s 50 day moving average price is $5.09 and its 200 day moving average price is $6.04.

eGain (NASDAQ:EGAN) last posted its earnings results on Thursday, September 5th. The technology company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.07. eGain had a return on equity of 9.53% and a net margin of 6.45%. The firm had revenue of $22.46 million for the quarter, compared to analysts’ expectations of $21.37 million. As a group, research analysts predict that eGain Co. will post 0.01 earnings per share for the current year.

eGain Company Profile

eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.