Gabelli restated their hold rating on shares of Guidance Software, Inc. (NASDAQ:GUID) in a research note published on Thursday, MarketBeat.com reports.

A number of other equities research analysts have also recently issued reports on the stock. B. Riley reissued a buy rating and issued a $9.00 target price on shares of Guidance Software in a research report on Wednesday, May 3rd. Northland Securities set a $8.00 target price on shares of Guidance Software and gave the company a buy rating in a research report on Saturday, July 22nd. Zacks Investment Research raised shares of Guidance Software from a hold rating to a buy rating and set a $6.75 target price for the company in a research report on Tuesday, May 9th. TheStreet raised shares of Guidance Software from a d- rating to a c- rating in a research report on Wednesday, May 3rd. Finally, Piper Jaffray Companies cut shares of Guidance Software from an overweight rating to a neutral rating and reduced their target price for the company from $8.50 to $7.00 in a research report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $14.61.

Guidance Software (NASDAQ:GUID) remained flat at $7.08 during mid-day trading on Thursday. The company’s stock had a trading volume of 1,385,370 shares. Guidance Software has a 12 month low of $4.52 and a 12 month high of $7.80. The company’s 50 day moving average price is $6.82 and its 200-day moving average price is $6.60. The company’s market capitalization is $214.12 million.

Guidance Software (NASDAQ:GUID) last released its quarterly earnings data on Tuesday, May 2nd. The software maker reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.02. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. The firm had revenue of $26.79 million for the quarter, compared to the consensus estimate of $26.80 million. On average, analysts forecast that Guidance Software will post $0.31 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://www.watchlistnews.com/gabelli-reaffirms-hold-rating-for-guidance-software-inc-nasdaqguid/1464256.html.

In other Guidance Software news, major shareholder Shawn Mccreight sold 25,000 shares of the stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $6.14, for a total transaction of $153,500.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Patrick Dennis sold 17,705 shares of the stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $5.82, for a total value of $103,043.10. Following the transaction, the chief executive officer now owns 919,018 shares in the company, valued at $5,348,684.76. The disclosure for this sale can be found here. Insiders sold 594,654 shares of company stock valued at $3,880,852 in the last ninety days. 8.40% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Citadel Advisors LLC boosted its position in Guidance Software by 38.6% in the first quarter. Citadel Advisors LLC now owns 22,707 shares of the software maker’s stock worth $134,000 after buying an additional 6,319 shares during the last quarter. First Quadrant L P CA acquired a new position in Guidance Software during the second quarter worth about $134,000. GSA Capital Partners LLP boosted its position in Guidance Software by 143.6% in the fourth quarter. GSA Capital Partners LLP now owns 29,632 shares of the software maker’s stock worth $210,000 after buying an additional 17,468 shares during the last quarter. TFS Capital LLC acquired a new position in Guidance Software during the first quarter worth about $225,000. Finally, Bank of New York Mellon Corp boosted its position in Guidance Software by 8.6% in the first quarter. Bank of New York Mellon Corp now owns 66,975 shares of the software maker’s stock worth $395,000 after buying an additional 5,280 shares during the last quarter. Hedge funds and other institutional investors own 52.73% of the company’s stock.

About Guidance Software

Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.

Analyst Recommendations for Guidance Software (NASDAQ:GUID)

Receive News & Ratings for Guidance Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidance Software Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.