TOday’s Movers: ChannelAdvisor (NYSE:ECOM) Stock Rating Maintained by Analysts at First Analysis; $17.0000 Target Price Indicates 15.65 % Potential

June 13, 2018 - By Bradley Stiles

ChannelAdvisor Corporation (NYSE:ECOM) Logo

Investors sentiment decreased to 0.68 in 2018 Q1. Its down 0.25, from 0.93 in 2017Q4. It turned negative, as 14 investors sold ChannelAdvisor Corporation shares while 26 reduced holdings. 8 funds opened positions while 19 raised stakes. 19.02 million shares or 2.55% less from 19.52 million shares in 2017Q4 were reported.

Shapiro Cap Management Limited Com holds 0% or 4.06 million shares. Spark Mngmt Ltd Liability has invested 0.08% in ChannelAdvisor Corporation (NYSE:ECOM). Parametric Associates Ltd Limited Liability Company accumulated 61,037 shares. Cortina Asset Management Limited Liability Corporation has invested 0.24% in ChannelAdvisor Corporation (NYSE:ECOM). Clarivest Asset Mngmt reported 13,982 shares stake. Schwab Charles Investment Mgmt Incorporated reported 0% in ChannelAdvisor Corporation (NYSE:ECOM). Vanguard Gru owns 1.18M shares for 0% of their portfolio. Arrowmark Colorado Hldg Ltd Llc owns 4.31 million shares. The Manitoba – Canada-based Great West Life Assurance Company Can has invested 0% in ChannelAdvisor Corporation (NYSE:ECOM). State Board Of Administration Of Florida Retirement Sys reported 0% in ChannelAdvisor Corporation (NYSE:ECOM). Geode Mngmt Ltd Liability reported 0% of its portfolio in ChannelAdvisor Corporation (NYSE:ECOM). Fincl Bank Of New York Mellon invested 0% of its portfolio in ChannelAdvisor Corporation (NYSE:ECOM). Credit Suisse Ag holds 0% of its portfolio in ChannelAdvisor Corporation (NYSE:ECOM) for 20,055 shares. Voya Invest Management Lc holds 0% or 11,742 shares in its portfolio. Ameritas Invest Partners invested in 0% or 1,855 shares.

Since February 16, 2018, it had 1 insider buy, and 3 selling transactions for $1.08 million activity. 50,000 shares valued at $729,500 were sold by WINGO M SCOT on Wednesday, May 16. $35,160 worth of ChannelAdvisor Corporation (NYSE:ECOM) was sold by Cowell Janet Raye.

ChannelAdvisor (NYSE:ECOM) Rating Reaffirmed

They currently have a $17.0000 target price per share on ChannelAdvisor (NYSE:ECOM). The target price by First Analysis would suggest a potential upside of 15.65 % from the company’s last close price. This has been revealed in a note on Wednesday morning.

ChannelAdvisor Corporation (NYSE:ECOM) Ratings Coverage

Among 6 analysts covering ChannelAdvisor (NYSE:ECOM), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. ChannelAdvisor has $1700 highest and $9.0 lowest target. $12.80’s average target is -12.93% below currents $14.7 stock price. ChannelAdvisor had 8 analyst reports since December 19, 2017 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Wednesday, February 14 report. DA Davidson upgraded it to “Buy” rating and $11.5 target in Tuesday, February 6 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, February 14 report. DA Davidson maintained ChannelAdvisor Corporation (NYSE:ECOM) on Monday, April 23 with “Buy” rating. The stock has “Buy” rating by Needham on Friday, May 11. On Monday, April 23 the stock rating was maintained by First Analysis with “Buy”. The rating was maintained by Robert W. Baird on Wednesday, February 14 with “Hold”. The rating was initiated by Dougherty & Company on Tuesday, December 19 with “Neutral”.

The stock increased 0.34% or $0.05 during the last trading session, reaching $14.7. About 15,050 shares traded. ChannelAdvisor Corporation (NYSE:ECOM) has risen 26.09% since June 13, 2017 and is uptrending. It has outperformed by 13.52% the S&P500.

Analysts await ChannelAdvisor Corporation (NYSE:ECOM) to report earnings on August, 2. They expect $-0.19 EPS, down 26.67 % or $0.04 from last year’s $-0.15 per share. After $-0.12 actual EPS reported by ChannelAdvisor Corporation for the previous quarter, Wall Street now forecasts 58.33 % negative EPS growth.

ChannelAdvisor Corporation provides software-as-a-service solutions worldwide. The company has market cap of $398.49 million. The Company’s solutions enable its retailer and branded maker clients to integrate, manage, and optimize their merchandise sales on various online channels. It currently has negative earnings. The companyÂ’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 important recent ChannelAdvisor Corporation (NYSE:ECOM) news were published by: Globenewswire.com which released: “Recent Analysis Shows ChannelAdvisor, Brookline, Canadian Natural Resources, Suncor Energy, Gerdau SA, and …” on June 08, 2018, also Globenewswire.com published article titled: “ChannelAdvisor to Present at the Stifel Cross Sector Insight Conference”, Prnewswire.com published: “ChannelAdvisor to Showcase E-Commerce Solutions at 2018 Internet Retailer Conference & Exhibition” on June 05, 2018. More interesting news about ChannelAdvisor Corporation (NYSE:ECOM) was released by: Prnewswire.com and their article: “ChannelAdvisor Joins Amazon Marketplace Developer Council” with publication date: June 11, 2018.

ChannelAdvisor Corporation (NYSE:ECOM) Institutional Positions 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: