eGain (NASDAQ:EGAN) Price Target Increased to $7.00 by Analysts at Craig Hallum

eGain (NASDAQ:EGAN) had its price objective boosted by Craig Hallum from $6.00 to $7.00 in a research note issued to investors on Friday morning, Benzinga reports. They currently have a hold rating on the technology company’s stock.

eGain Stock Down 9.9 %

Shares of NASDAQ EGAN opened at $5.03 on Friday. The stock has a market cap of $150.04 million, a PE ratio of 17.96, a price-to-earnings-growth ratio of 1.64 and a beta of 0.45. eGain has a 52-week low of $5.02 and a 52-week high of $8.52. The business has a 50-day moving average price of $6.84 and a 200 day moving average price of $6.44.

Institutional Trading of eGain

Institutional investors and hedge funds have recently bought and sold shares of the business. Hillsdale Investment Management Inc. grew its position in eGain by 90.0% during the 1st quarter. Hillsdale Investment Management Inc. now owns 160,972 shares of the technology company’s stock worth $1,038,000 after purchasing an additional 76,269 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of eGain by 7.0% during the first 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 period. Vanguard Group Inc. grew its holdings in shares of eGain by 0.5% during the first quarter. Vanguard Group Inc. now owns 2,068,063 shares of the technology company’s stock worth $13,339,000 after buying an additional 10,179 shares during the last quarter. GSA Capital Partners LLP increased its position in eGain by 15.3% in the 1st quarter. GSA Capital Partners LLP now owns 83,764 shares of the technology company’s stock valued at $540,000 after acquiring an additional 11,084 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake 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 valued at $394,000 after acquiring an additional 14,893 shares during the last quarter. Hedge funds and other institutional investors own 53.94% of the company’s stock.

About eGain

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.