eGain Corp (NASDAQ:EGAN) CFO Eric Smit sold 4,000 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $8.00, for a total transaction of $32,000.00. Following the sale, the chief financial officer now directly owns 137,187 shares of the company’s stock, valued at $1,097,496. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Eric Smit also recently made the following trade(s):

  • On Friday, August 30th, Eric Smit sold 1,000 shares of eGain stock. The shares were sold at an average price of $7.25, for a total transaction of $7,250.00.
  • On Tuesday, July 30th, Eric Smit sold 1,000 shares of eGain stock. The shares were sold at an average price of $7.83, for a total transaction of $7,830.00.
  • On Friday, June 28th, Eric Smit sold 3,000 shares of eGain stock. The shares were sold at an average price of $7.96, for a total transaction of $23,880.00.

NASDAQ:EGAN traded up $0.18 during mid-day trading on Friday, reaching $8.26. The company’s stock had a trading volume of 111,340 shares, compared to its average volume of 165,776. eGain Corp has a 1 year low of $5.40 and a 1 year high of $12.74. The stock has a fifty day moving average of $7.36 and a 200-day moving average of $8.97. The firm has a market capitalization of $244.97 million, a PE ratio of 51.63, a price-to-earnings-growth ratio of 1.92 and a beta of 0.67.

eGain (NASDAQ:EGAN) last released its quarterly earnings data on Tuesday, September 3rd. The technology company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.01). eGain had a return on equity of 84.12% and a net margin of 6.20%. The business had revenue of $16.82 million during the quarter, compared to analysts’ expectations of $16.46 million. During the same period last year, the company earned $0.01 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts forecast that eGain Corp will post 0.14 earnings per share for the current year.

A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of eGain from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. BidaskClub raised shares of eGain from a “hold” rating to a “buy” rating in a research note on Thursday, June 20th. Needham & Company LLC set a $15.00 price objective on shares of eGain and gave the stock a “buy” rating in a research note on Wednesday. Craig Hallum set a $8.00 price objective on shares of eGain and gave the stock a “hold” rating in a research note on Wednesday. Finally, ValuEngine raised shares of eGain from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $11.75.

A number of institutional investors have recently made changes to their positions in EGAN. Quantamental Technologies LLC bought a new position in eGain in the first quarter worth about $31,000. BNP Paribas Arbitrage SA raised its holdings in eGain by 8,721.4% in the first quarter. BNP Paribas Arbitrage SA now owns 3,705 shares of the technology company’s stock worth $39,000 after purchasing an additional 3,663 shares in the last quarter. Optimum Investment Advisors bought a new position in eGain in the first quarter worth about $52,000. Parametric Portfolio Associates LLC bought a new position in eGain in the second quarter worth about $82,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in eGain in the first quarter worth about $106,000. Institutional investors and hedge funds own 79.68% of the company’s stock.

eGain Company Profile

eGain Corporation operates as a software-as-a service provider of customer engagement solutions in the United States, the United Kingdom, India, and internationally. It provides eGain solution, a unified cloud software solution to automate, augment, and orchestrate customer engagement, including digital-first, Omni channel desktop, artificial intelligence (AI) and knowledge, and analytics and machine learning applications, as well as platform APIs and pre-built third-party connectors.

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Insider Buying and Selling by Quarter for eGain (NASDAQ:EGAN)

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