Prescott Group Capital Management L.L.C. cut its stake in Attunity (NASDAQ:ATTU) by 23.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 286,171 shares of the technology company’s stock after selling 85,693 shares during the quarter. Prescott Group Capital Management L.L.C. owned 1.38% of Attunity worth $2,146,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. P.A.W. Capital Corp bought a new stake in shares of Attunity during the 4th quarter worth approximately $2,094,000. Penn Capital Management Co. Inc. bought a new stake in Attunity in the 4th quarter valued at $1,811,000. Unterberg Capital LLC raised its stake in Attunity by 52.2% in the 4th quarter. Unterberg Capital LLC now owns 700,000 shares of the technology company’s stock valued at $4,886,000 after acquiring an additional 240,000 shares during the period. 1492 Capital Management LLC bought a new stake in Attunity in the 4th quarter valued at $628,000. Finally, Perkins Capital Management Inc. bought a new stake in Attunity in the 4th quarter valued at $419,000. 25.93% of the stock is owned by institutional investors.
ATTU stock traded up $0.21 during mid-day trading on Friday, reaching $10.80. The company’s stock had a trading volume of 280,658 shares, compared to its average volume of 253,980. Attunity has a 12 month low of $6.25 and a 12 month high of $11.07. The company has a market cap of $219.55 million, a P/E ratio of -34.84 and a beta of 1.48.
Attunity (NASDAQ:ATTU) last announced its quarterly earnings data on Thursday, May 3rd. The technology company reported $0.07 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.11. The firm had revenue of $18.23 million during the quarter, compared to analysts’ expectations of $15.94 million. Attunity had a negative return on equity of 8.39% and a negative net margin of 7.58%. research analysts predict that Attunity will post -0.04 EPS for the current year.
Several analysts have recently issued reports on ATTU shares. Zacks Investment Research raised Attunity from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Wednesday, May 9th. ValuEngine raised Attunity from a “sell” rating to a “hold” rating in a research note on Friday, March 2nd. Finally, TheStreet raised Attunity from a “d+” rating to a “c-” rating in a research note on Thursday, April 26th. Five equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of $12.33.
Attunity Company Profile
Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.
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