eGain Corporation (NASDAQ:EGAN) produced a 84.62% rally since recording the worst price of $1.3. Thanks to the latest 14.29% increase, it now trades at $2.4. Throughout the trading on Sep. 13, 2017, the share price floated between $2.1 and $2.7. This company shares are 11.25% off its target price of $2.67 and the current market capitalization stands at $69.72M. The recent change has given its price a 33.41% lead over SMA 50 and -29.41% deficit over its 52-week high. The stock witnessed 45.45% gains, 54.84% gains and 33.33% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EGAN’s volatility during a week at 14.04% and during a month it has been found around 8.61%.

eGain Corporation (EGAN) Top Holders

Institutional investors currently hold around $27 million or 57.8% in EGAN stock. Look at its top three institutional owners. Bank Of Montreal /Can/ owns $17.65 million in eGain Corporation, which represents roughly 25.32% of the company’s market cap and approximately 65.38% of the institutional ownership. Similar statistics are true for the second largest owner, Oaktop Capital Management Ii, L.P., which owns 2,036,843 shares of the stock are valued at $4.28 million. The third largest holder is Nokomis Capital, L.L.C., which currently holds $3.24 million worth of this stock and that ownership represents nearly 4.64% of its market capitalization.

eGain Corporation 13F Filings

At the end of 6/30/2017 reporting period, 6 institutional holders increased their position in eGain Corporation (NASDAQ:EGAN) by some 238,167 shares, 14 decreased positions by 460,020 and 8 held positions by 12,311,512. That puts total institutional holdings at 13,009,699 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 196,992 shares while 5 institutional investors sold out their entire positions totaling 47,806 shares.

eGain Corporation (NASDAQ:EGAN) Insider Trades

Multiple company employees have indulged in significant insider trading. eGain Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Darukhanavala Phiroz P has sold 500 shares of eGain Corporation (EGAN) in trading session dated Nov. 13, 2015. These shares are worth $2,175 and were traded at $4.35 each. The SEC filing shows that Smit Eric performed a sale of 9,560 shares. The CFO disposed these shares by way of transaction on May. 22, 2015. The company’s shares were given away at $3.9 per share worth to an income of some $37,284 on account of Smit Eric.

Director, Sinha Gunjan, sold 13,963 common shares of eGain Corporation (EGAN) in the open market. In a transaction dated Mar. 06, 2014, the shares were put up for sale at an average price of $8.98, raking in a sum of $125,388. After this sale, 1,046,003 common shares of EGAN are directly owned by the insider, with total stake valued at $2,510,407.

In the transaction dated Mar. 06, 2014, the great number of shares disposed came courtesy the Director; Sinha Gunjan disposed a total of 13,963 shares at an average price of $8.98, amounting to approximately $125,388. The insider now directly owns 25,327,932 shares worth $60,787,037.

eGain Corporation (EGAN) Analyst Guide

Several analysts have released their opinion on eGain Corporation (NASDAQ:EGAN), with 1 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.

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