Rice Hall James & Associates LLC cut its position in shares of The KEYW Holding Corporation (NASDAQ:KEYW) by 5.6% during the second quarter, Holdings Channel reports. The fund owned 226,411 shares of the software maker’s stock after selling 13,468 shares during the period. Rice Hall James & Associates LLC’s holdings in The KEYW Holding Corporation were worth $2,117,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Sei Investments Co. increased its stake in The KEYW Holding Corporation by 0.8% in the second quarter. Sei Investments Co. now owns 15,215 shares of the software maker’s stock worth $142,000 after buying an additional 128 shares during the last quarter. Nationwide Fund Advisors increased its stake in The KEYW Holding Corporation by 15.3% in the first quarter. Nationwide Fund Advisors now owns 28,289 shares of the software maker’s stock worth $267,000 after buying an additional 3,758 shares during the last quarter. Alliancebernstein L.P. increased its stake in The KEYW Holding Corporation by 33.1% in the first quarter. Alliancebernstein L.P. now owns 20,500 shares of the software maker’s stock worth $194,000 after buying an additional 5,100 shares during the last quarter. M&T Bank Corp increased its stake in The KEYW Holding Corporation by 31.4% in the first quarter. M&T Bank Corp now owns 26,092 shares of the software maker’s stock worth $246,000 after buying an additional 6,237 shares during the last quarter. Finally, American International Group Inc. increased its stake in The KEYW Holding Corporation by 30.6% in the first quarter. American International Group Inc. now owns 26,957 shares of the software maker’s stock worth $254,000 after buying an additional 6,318 shares during the last quarter. Institutional investors own 92.03% of the company’s stock.

Shares of The KEYW Holding Corporation (NASDAQ KEYW) opened at 7.82 on Tuesday. The stock has a 50 day moving average of $8.94 and a 200 day moving average of $9.29. The KEYW Holding Corporation has a 1-year low of $7.26 and a 1-year high of $13.57. The stock’s market cap is $388.44 million.

The KEYW Holding Corporation (NASDAQ:KEYW) last announced its earnings results on Wednesday, August 9th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The company had revenue of $124.10 million during the quarter, compared to analysts’ expectations of $120.06 million. The KEYW Holding Corporation had a negative net margin of 6.39% and a negative return on equity of 1.61%. The firm’s quarterly revenue was up 69.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.01) earnings per share. Equities research analysts forecast that The KEYW Holding Corporation will post $0.02 EPS for the current year.

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A number of analysts have commented on the stock. Maxim Group set a $13.00 price objective on shares of The KEYW Holding Corporation and gave the company a “buy” rating in a report on Thursday, August 10th. BidaskClub downgraded shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Noble Financial reiterated a “hold” rating on shares of The KEYW Holding Corporation in a report on Friday. Zacks Investment Research downgraded shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, ValuEngine downgraded shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $12.33.

The KEYW Holding Corporation Company Profile

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

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Institutional Ownership by Quarter for The KEYW Holding Corporation (NASDAQ:KEYW)

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