OxFORD Asset Management LLP Sells 6,999 Shares of Guidance Software, Inc. (GUID)
OxFORD Asset Management LLP lessened its stake in shares of Guidance Software, Inc. (NASDAQ:GUID) by 9.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 69,028 shares of the software maker’s stock after selling 6,999 shares during the period. OxFORD Asset Management LLP owned 0.23% of Guidance Software worth $456,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Guidance Software by 12.2% during the first quarter. Vanguard Group Inc. now owns 1,144,250 shares of the software maker’s stock valued at $6,751,000 after purchasing an additional 124,121 shares during the period. Citadel Advisors LLC grew its holdings in Guidance Software by 38.6% during the first quarter. Citadel Advisors LLC now owns 22,707 shares of the software maker’s stock valued at $134,000 after purchasing an additional 6,319 shares during the period. Goldman Sachs Group Inc. grew its holdings in Guidance Software by 44.9% during the first quarter. Goldman Sachs Group Inc. now owns 85,692 shares of the software maker’s stock valued at $506,000 after purchasing an additional 26,541 shares during the period. Russell Investments Group Ltd. grew its holdings in Guidance Software by 7.6% during the first quarter. Russell Investments Group Ltd. now owns 122,876 shares of the software maker’s stock valued at $725,000 after purchasing an additional 8,676 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Guidance Software by 8.6% during the first quarter. Bank of New York Mellon Corp now owns 66,975 shares of the software maker’s stock valued at $395,000 after purchasing an additional 5,280 shares during the period. 51.78% of the stock is owned by institutional investors and hedge funds.
In other news, major shareholder Shawn Mccreight sold 226,981 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $7.06, for a total transaction of $1,602,485.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 1,071,602 shares of company stock worth $7,572,456 over the last 90 days. Insiders own 38.11% of the company’s stock.
GUID has been the subject of several recent research reports. Northland Securities set a $8.00 price target on Guidance Software and gave the company a “buy” rating in a report on Saturday, July 22nd. Zacks Investment Research downgraded Guidance Software from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Gabelli restated a “hold” rating on shares of Guidance Software in a research report on Thursday, July 27th. B. Riley restated a “neutral” rating and issued a $7.10 price objective on shares of Guidance Software in a research report on Thursday, July 27th. Finally, Piper Jaffray Companies downgraded Guidance Software from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $8.50 to $7.00 in a research report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $8.35.
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Guidance Software, Inc. (NASDAQ GUID) opened at 7.07 on Friday. Guidance Software, Inc. has a 12 month low of $4.52 and a 12 month high of $7.80. The stock has a 50 day moving average price of $7.08 and a 200 day moving average price of $6.58. The stock’s market capitalization is $216.10 million.
Guidance Software (NASDAQ:GUID) last posted its earnings results on Tuesday, August 1st. The software maker reported ($0.01) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.02. Guidance Software had a negative return on equity of 559.09% and a negative net margin of 4.73%. The firm had revenue of $24.66 million for the quarter, compared to analysts’ expectations of $27.63 million. Equities analysts predict that Guidance Software, Inc. will post $0.31 EPS for the current fiscal year.
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.
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