On Jun 27, 2018 “Buy” Rating Received ChannelAdvisor (NYSE:ECOM) at B. Riley FBR with $17.5 Target.

June 27, 2018 - By Noel Courtney

ChannelAdvisor Corporation (NYSE:ECOM) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.68. That’s change of 0.25, from 2017Q4’s 0.93. 14 investors sold all, 26 reduced holdings as ChannelAdvisor Corporation ratio dived. 19 grew stakes while 8 funds amassed stakes. Funds hold 19.02 million shares thus 2.55% less from 2017Q4’s 19.52 million shares.

Legal And General Gru Public Ltd Co invested 0% of its capital in ChannelAdvisor Corporation (NYSE:ECOM). Comml Bank Of America Corp De holds 15,602 shs. Jpmorgan Chase & reported 12,085 shs. 542,777 are owned by Cortina Asset Management Limited Liability Co. Jacobs Levy Equity Management owns 87,456 shs. Clarivest Asset Mngmt holds 13,982 shs or 0% of its capital. Spark Invest Management Limited Liability Com stated it has 0.08% in ChannelAdvisor Corporation (NYSE:ECOM). State Board Of Administration Of Florida Retirement reported 0% in ChannelAdvisor Corporation (NYSE:ECOM). Los Angeles Management Equity Research Inc reported 0% of its capital in ChannelAdvisor Corporation (NYSE:ECOM). State Street Corporation holds 0% in ChannelAdvisor Corporation (NYSE:ECOM) or 428,437 shs. Group Inc Incorporated reported 0% of its capital in ChannelAdvisor Corporation (NYSE:ECOM). Levin Capital Strategies Ltd Partnership holds 22,778 shs or 0% of its capital. Tower Rech Ltd (Trc), a New York-based fund reported 16,590 shs. Credit Suisse Ag accumulated 0% or 20,055 shs. Cubist Systematic Strategies Ltd Liability Company has 0.01% invested in ChannelAdvisor Corporation (NYSE:ECOM) for 9,670 shs.

ChannelAdvisor Corporation had 4 insider sales and 1 buying transaction since February 16, 2018. This’s net activity of $1.24 million. $729,500 worth of ChannelAdvisor Corporation (NYSE:ECOM) shs were sold by WINGO M SCOT. 5,500 ChannelAdvisor Corporation (NYSE:ECOM) shs with value of $48,785 were bought by Cook Mark. Cowell Janet Raye sold $35,160 worth of ChannelAdvisor Corporation (NYSE:ECOM) on Wednesday, May 16.

What Price Target Has B. Riley FBR Given ChannelAdvisor (NYSE:ECOM)

ChannelAdvisor (NYSE:ECOM) coverage initiated by Stock research analysts at B. Riley FBR. It was set “Buy” rating and a $17.5 target price on 26 June. target would indicate a potential upside of 21.95 % from the company’s current stock price.

ChannelAdvisor Corporation (NYSE:ECOM) Ratings Coverage

Total analysts of 6 have positions in ChannelAdvisor (NYSE:ECOM) as follows: 5 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 83%. Since February 6, 2018 according to StockzIntelligence Inc ChannelAdvisor has 9 analyst reports. The stock rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, February 14. On Wednesday, June 13 the stock of ChannelAdvisor Corporation (NYSE:ECOM) earned “Buy” rating by First Analysis. On Monday, April 23 the firm has “Buy” rating by First Analysis given. On Wednesday, February 14 the company was maintained by Robert W. Baird. On Wednesday, February 14 the rating was maintained by Needham with “Buy”. On Friday, May 11 the rating was maintained by Needham with “Buy”. On Monday, April 23 DA Davidson maintained ChannelAdvisor Corporation (NYSE:ECOM) rating. DA Davidson has “Buy” rating and $13 target. On Tuesday, February 6 the firm has “Buy” rating by DA Davidson given.

ECOM is reaching $14.35 during the last trading session, after decreased 1.03%.ChannelAdvisor Corporation has volume of 11,503 shares. Since June 27, 2017 ECOM has risen 26.09% and is uptrending. The stock outperformed the S&P 500 by 13.52%.

On August, 2 is awaited ChannelAdvisor Corporation (NYSE:ECOM)’s earnings report, as reported by RTT. The earnings per share diference is $0.04 or 26.67 % down from last years number. Previous year: $-0.15; Analysts forcast: $-0.19. 58.33 % negative EPS growth is what analysts predict. $-0.12 earnings per share was published for last quarter.

ChannelAdvisor Corporation provides software-as-a-service solutions in the United States and internationally.The firm is valued at $389.00 million. The Company’s e-commerce cloud platform helps retailers and branded manufacturers to improve their online performance by expanding sales channels, connecting with clients around the world, optimizing their activities for peak performance, and providing actionable analytics to improve competitiveness.Last it reported negative earnings. The Company’s suite of solutions include various modules, including Marketplaces module that connects clients to third-party marketplaces; and Digital Marketing module, which connects clients to compare shopping Websites that allow clients to advertise products on search engines.

More recent ChannelAdvisor Corporation (NYSE:ECOM) news were released by Globenewswire.com, Globenewswire.com and Prnewswire.com. The first one has “ChannelAdvisor to Present at the Stifel Cross Sector Insight Conference” as a title and was released on June 05, 2018. The next is “Recent Analysis Shows ChannelAdvisor, Brookline, Canadian Natural Resources, Suncor Energy, Gerdau SA, and …” on June 08, 2018. And last was released on June 11, 2018, called “ChannelAdvisor Joins Amazon Marketplace Developer Council”.

ChannelAdvisor Corporation (NYSE:ECOM) Institutional Investors Chart

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