Ellie Mae Inc (NYSE:ELLI) EVP Gates Cathleen Schreiner sold 639 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $98.65, for a total transaction of $63,037.35. Following the sale, the executive vice president now owns 41,572 shares of the company’s stock, valued at $4,101,077.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gates Cathleen Schreiner also recently made the following trade(s):

  • On Monday, February 25th, Gates Cathleen Schreiner sold 2,019 shares of Ellie Mae stock. The stock was sold at an average price of $99.06, for a total transaction of $200,002.14.
  • On Friday, January 11th, Gates Cathleen Schreiner sold 8,164 shares of Ellie Mae stock. The stock was sold at an average price of $67.26, for a total transaction of $549,110.64.
  • On Friday, December 28th, Gates Cathleen Schreiner sold 2,549 shares of Ellie Mae stock. The stock was sold at an average price of $64.00, for a total transaction of $163,136.00.
  • On Friday, December 28th, Gates Cathleen Schreiner sold 2,549 shares of Ellie Mae stock. The stock was sold at an average price of $64.00, for a total transaction of $163,136.00.

Shares of NYSE ELLI traded down $0.14 during midday trading on Thursday, reaching $98.61. The company’s stock had a trading volume of 1,229,061 shares, compared to its average volume of 798,151. Ellie Mae Inc has a fifty-two week low of $58.49 and a fifty-two week high of $116.90. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 95.74, a PEG ratio of 7.02 and a beta of 1.41.

Ellie Mae (NYSE:ELLI) last announced its quarterly earnings data on Thursday, February 14th. The software maker reported $0.07 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.04). Ellie Mae had a net margin of 5.02% and a return on equity of 4.17%. The firm had revenue of $116.05 million for the quarter, compared to analyst estimates of $113.97 million. Research analysts predict that Ellie Mae Inc will post 0.95 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Ellie Mae by 6.9% during the third quarter. Vanguard Group Inc. now owns 3,104,393 shares of the software maker’s stock valued at $294,203,000 after purchasing an additional 199,908 shares in the last quarter. Vanguard Group Inc raised its position in Ellie Mae by 6.9% during the third quarter. Vanguard Group Inc now owns 3,104,393 shares of the software maker’s stock valued at $294,203,000 after purchasing an additional 199,908 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in Ellie Mae by 26.8% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,562,234 shares of the software maker’s stock valued at $160,986,000 after purchasing an additional 541,636 shares in the last quarter. BlackRock Inc. raised its position in Ellie Mae by 1.0% during the fourth quarter. BlackRock Inc. now owns 2,467,891 shares of the software maker’s stock valued at $155,058,000 after purchasing an additional 23,928 shares in the last quarter. Finally, HMI Capital LLC raised its position in Ellie Mae by 311.5% during the fourth quarter. HMI Capital LLC now owns 1,974,986 shares of the software maker’s stock valued at $124,088,000 after purchasing an additional 1,495,069 shares in the last quarter.

A number of equities research analysts have recently weighed in on the stock. Zelman & Associates downgraded shares of Ellie Mae from a “hold” rating to a “sell” rating in a research report on Monday, December 24th. JMP Securities reiterated a “buy” rating and issued a $99.00 price target on shares of Ellie Mae in a research report on Monday, February 11th. Susquehanna Bancshares upgraded shares of Ellie Mae from a “negative” rating to a “neutral” rating and lifted their price target for the company from $53.00 to $99.00 in a research report on Wednesday, February 13th. Zacks Investment Research upgraded shares of Ellie Mae from a “hold” rating to a “buy” rating and set a $76.00 price target for the company in a research report on Wednesday, January 16th. Finally, Needham & Company LLC downgraded shares of Ellie Mae from a “buy” rating to a “hold” rating in a research report on Tuesday, February 12th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. Ellie Mae has an average rating of “Hold” and an average target price of $86.43.

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About Ellie Mae

Ellie Mae, Inc provides cloud-based platform for the mortgage finance industry in the United States. It provides Encompass, an enterprise solution that engages in running the business of originating mortgages, including marketing and lead management; loan origination and processing; underwriting; preparation of mortgage applications, disclosure agreements, and closing documents; loan funding and closing; compliance with regulatory and investor requirements; and enterprise management.

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Insider Buying and Selling by Quarter for Ellie Mae (NYSE:ELLI)

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