Ellie Mae Inc (NYSE:ELLI) Director Sigmund Anderman sold 15,000 shares of the stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $101.97, for a total transaction of $1,529,550.00. Following the sale, the director now directly owns 42,901 shares in the company, valued at approximately $4,374,614.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Sigmund Anderman also recently made the following trade(s):

  • On Monday, July 16th, Sigmund Anderman sold 15,000 shares of Ellie Mae stock. The stock was sold at an average price of $103.09, for a total transaction of $1,546,350.00.

ELLI stock opened at $102.65 on Friday. Ellie Mae Inc has a fifty-two week low of $79.71 and a fifty-two week high of $116.90. The company has a market cap of $3.64 billion, a P/E ratio of 99.66, a PEG ratio of 5.84 and a beta of 0.57.

Ellie Mae (NYSE:ELLI) last released its earnings results on Thursday, July 26th. The software maker reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.13. Ellie Mae had a net margin of 7.81% and a return on equity of 4.50%. The firm had revenue of $125.00 million for the quarter, compared to analyst estimates of $123.79 million. During the same period in the prior year, the firm earned $0.51 earnings per share. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. analysts predict that Ellie Mae Inc will post 0.97 EPS for the current fiscal year.

Several analysts have recently issued reports on ELLI shares. KeyCorp reissued a “buy” rating and set a $120.00 price target on shares of Ellie Mae in a research report on Tuesday, April 24th. Compass Point restated a “sell” rating and set a $60.00 target price (up from $58.75) on shares of Ellie Mae in a research note on Friday, April 27th. Wedbush restated an “underperform” rating and set a $69.00 target price on shares of Ellie Mae in a research note on Friday, April 27th. Zacks Investment Research upgraded shares of Ellie Mae from a “sell” rating to a “strong-buy” rating and set a $113.00 target price on the stock in a research note on Wednesday, May 2nd. Finally, Royal Bank of Canada upped their target price on shares of Ellie Mae to $125.00 and gave the stock an “outperform” rating in a research note on Monday, June 18th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $108.86.

A number of institutional investors have recently made changes to their positions in ELLI. We Are One Seven LLC increased its stake in Ellie Mae by 238.3% in the first quarter. We Are One Seven LLC now owns 1,316 shares of the software maker’s stock valued at $121,000 after purchasing an additional 927 shares during the last quarter. M&T Bank Corp purchased a new position in Ellie Mae in the first quarter valued at approximately $206,000. ETRADE Capital Management LLC purchased a new position in Ellie Mae in the first quarter valued at approximately $215,000. SG Americas Securities LLC purchased a new position in Ellie Mae in the first quarter valued at approximately $231,000. Finally, Asset Management One Co. Ltd. increased its stake in Ellie Mae by 36.4% in the first quarter. Asset Management One Co. Ltd. now owns 2,581 shares of the software maker’s stock valued at $237,000 after purchasing an additional 689 shares during the last quarter.

Ellie Mae Company Profile

Ellie Mae, Inc provides cloud-based platform for the mortgage finance industry in the United States. The company provides Encompass, a proprietary software solution that combines 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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