Model N, Inc. (MODN) Is Forming Double Top Chart Pattern at $18.67

June 29, 2018 - By Arnold Ferreira

Model N, Inc. (NYSE:MODN) Corporate Logo

During 2018 Q1 the big money sentiment increased to 1.63. That’s change of 0.23, from 2017Q4’s 1.4. 8 investors sold all, 22 reduced holdings as Model N, Inc. ratio increased. 29 rose stakes while 20 funds bought stakes. Funds hold 17.39 million shares thus 13.78% more from 2017Q4’s 15.28 million shares.
Emerald Mutual Fund Advisers Tru accumulated 0.42% or 597,149 shs. Penn Cap Mgmt invested in 0.52% or 363,942 shs. Cortina Asset Mgmt Limited Co owns 280,062 shs or 0.25% of their US capital. Illinois-based Grp Inc Inc One Trading Limited Partnership has invested 0% in Model N, Inc. (NYSE:MODN). Voya Management Ltd Liability Corporation invested in 0% or 13,379 shs. The United Kingdom-based Barclays Public Ltd Com has invested 0% in Model N, Inc. (NYSE:MODN). Redmile Gru Lc holds 0.37% of its capital in Model N, Inc. (NYSE:MODN) for 523,937 shs. Deutsche Bankshares Ag has invested 0.01% in Model N, Inc. (NYSE:MODN). Citadel Advsr Limited Liability Corporation reported 93,851 shs. S Squared Ltd Liability holds 1.65% of its capital in Model N, Inc. (NYSE:MODN) for 106,676 shs. Bogle Investment Mgmt Ltd Partnership De stated it has 72,688 shs. Golden Gate Private Equity Inc has invested 5.33% of its capital in Model N, Inc. (NYSE:MODN). Acadian Asset Mngmt Llc invested 0% of its capital in Model N, Inc. (NYSE:MODN). Rbf Cap reported 15,287 shs. Manufacturers Life Insurance Communications The holds 18,362 shs or 0% of its capital.

Model N, Inc. registered $10.16 million net activity with 0 insider purchases and 8 sales since February 15, 2018. $27,578 worth of Model N, Inc. (NYSE:MODN) was sold by Gokhale Neeraj. On Thursday, February 15 the insider Anderson – Mark – Albert sold $37,437. The insider Barter David sold 7,249 shs worth $128,017. 212 shs were sold by Mellott Russell, worth $3,744.

Model N, Inc. (MODN) chart forms a double top chart pattern with $19.42 target. That’s 4.00 % above today’s $18.67 price per share. The chart pattern points out low risk. The double top chart pattern was reported on Jun, 29 by Finviz.com. At our $19.42 target, the company worth will be $22.81M more.

MODN reached $18.67 during the last trading session after $0.42 change.Currently Model N, Inc. is uptrending after 39.53% change in last June 29, 2017. MODN has 121,496 shares volume. MODN outperformed the S&P 500 by 26.96%.

On August, 14 Model N, Inc. (NYSE:MODN)’s earnings release is expected by WallStreet, Faxor reports. Analysts expect change of 4.35 % or $0.01 from previous year’s $-0.23 earnings per share compared to current’s $-0.22 earnings per share. After $-0.08 earnings per share was announced last quarter, analysts now see negative EPS growth of 175.00 % for Model N, Inc..

Model N, Inc. (NYSE:MODN) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: