Ellie Mae Inc (NYSE:ELLI) EVP Sells 2881 Shares of Stock

Jeannie Matthews
January 14, 2018

Baillie Gifford & Co. now owns 818,296 shares of the software maker's stock worth $67,207,000 after buying an additional 278,321 shares in the last quarter. The hedge fund held 362,104 shares of the major banks company at the end of 2017Q3, valued at $26.34M, up from 349,614 at the end of the previous reported quarter. Artisan Prtnrs Lp owns 0.06% invested in Ellie Mae, Inc. The stock increased 6.21% or $5.56 during the last trading session, reaching $95.12. 194,295 shares of the company's stock traded hands, compared to its average volume of 366,688. It has outperformed by 20.40% the S&P500. Virtu Fincl Llc holds 74,169 shares or 0% of its portfolio. The stock has a market cap of $3.03 billion and a price-to-earnings ratio of 90.89. The stock decreased 2.83% or $0.26 during the last trading session, reaching $8.94. The Price to Cash Flow for Ellie Mae, Inc.

Among 38 analysts covering Citigroup Inc. The business is expected to issue its next earnings report on Thursday, February 8th. For the past 5 years, the company's revenue has grown -4%, while the company's earnings per share has grown -17.1%. DPS's profit will be $211.24 million for 20.35 P/E if the $1.17 EPS becomes a reality. Goldman Sachs Group Inc Inc Inc stated it has 0% in Ellie Mae, Inc. The institutional investor held 1.36M shares of the department and specialty retail stores company at the end of 2017Q3, valued at $80.15 million, up from 796,846 at the end of the previous reported quarter. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. Therefore 65% are positive. Wells Fargo maintained Prudential Financial, Inc. (NYSE:ELLI) for 171,217 shares. As per Sunday, July 16, the company rating was maintained by Renaissance Macro Securities LLC. To measure price-variation, we found ELLI's volatility during a week at 2.24% and during a month it has been found around 1.99%. The stock tapped a 52-week high of US$58.99 while the mean 12-month price target for the shares is US$46.75. RBC Capital Markets downgraded the stock to "Sector Perform" rating in Thursday, November 17 report. The company was maintained on Friday, September 1 by Needham. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Friday, November 10 report. The firm has "Mkt Perform" rating by FBR Capital given on Friday, July 31. Jefferies maintained Dr Pepper Snapple Group, Inc. Anderman Sigmund also sold $1.66M worth of Ellie Mae, Inc. (NYSE:ELLI). 54,222 were reported by California State Teachers Retirement System. The software maker reported $0.53 EPS for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.13.

Investors sentiment decreased to 1 in Q3 2017. It dropped, as 34 investors sold Ellie Mae, Inc. shares while 54 reduced holdings. Ellie Mae, Inc. (NYSE:ELLI) has risen 37.10% since January 10, 2017 and is uptrending. The software maker reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.13. Peak6 Invests L P holds 0.03% or 60,188 shares. Scout, Missouri-based fund reported 115,863 shares. Van Berkom & Assocs reported 2% stake.

Multiple company employees have indulged in significant insider trading. Credit Agricole S A owns 0.03% invested in Ellie Mae, Inc. (NYSE:C). Eagle Asset Management holds 704,924 shares or 0.3% of its portfolio. Kenmare Capital Prtnrs Ltd Llc invested in 36,376 shares or 0.3% of the stock. Creative Planning holds 562,377 shares or 0.01% of its portfolio. The company's revenue was up 6.6% compared to the same quarter last year. equities analysts forecast that Ellie Mae Inc will post 0.9 earnings per share for the current year.

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Summit Creek Advisors Llc decreased its stake in Ellie Mae Inc (ELLI) by 44.16% based on its latest 2017Q3 regulatory filing with the SEC. Huntington National Bank holds 740 shares.

Since August 4, 2017, it had 0 buys, and 2 insider sales for $3.05 million activity. Also, CEO Jonathan Corr sold 2,732 shares of the stock in a transaction dated Tuesday, February 7th. Whale Rock Capital Mgmt Lc stated it has 3.84% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI) for 668,189 shares. Oppenheimer reissued a "buy" rating and issued a $101.00 target price on shares of Ellie Mae in a research note on Wednesday, September 13th. Following the completion of the transaction, the executive vice president now owns 44,730 shares in the company, valued at $4,118,738.40. Therefore 28% are positive. Elli Mae had 48 analyst reports since July 23, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Ellie Mae, Inc. (NYSE:PRU) rating on Friday, April 28. (NYSE:ELLI) earned "Overweight" rating by Barclays Capital on Tuesday, January 9. Finally, Zacks Investment Research raised Ellie Mae from a "strong sell" rating to a "hold" rating in a research report on Wednesday, September 27th. On Friday, April 29 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm earned "Buy" rating on Tuesday, July 25 by Oppenheimer. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Ellie Mae by 9.8% during the 2nd quarter. (NYSE:ELLI) for 98,130 shares. Finally, KeyCorp reaffirmed a "buy" rating and issued a $116.00 target price on shares of Ellie Mae in a research report on Wednesday, October 4th. As per Thursday, October 26, the company rating was maintained by Stifel Nicolaus.

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