Barclays PLC increased its position in shares of eGain Co. (NASDAQ:EGAN – Free Report) by 48.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,513 shares of the technology company’s stock after purchasing an additional 19,772 shares during the quarter. Barclays PLC owned 0.21% of eGain worth $308,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of EGAN. Williams & Novak LLC bought a new stake in shares of eGain during the 3rd quarter worth approximately $66,000. Gladius Capital Management LP bought a new stake in eGain during the third quarter worth $84,000. Jane Street Group LLC boosted its holdings in shares of eGain by 16.8% in the 3rd quarter. Jane Street Group LLC now owns 35,753 shares of the technology company’s stock valued at $182,000 after purchasing an additional 5,144 shares in the last quarter. Seizert Capital Partners LLC increased its stake in shares of eGain by 99.5% in the 3rd quarter. Seizert Capital Partners LLC now owns 38,068 shares of the technology company’s stock valued at $194,000 after purchasing an additional 18,989 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of eGain by 17.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 73,401 shares of the technology company’s stock worth $374,000 after buying an additional 10,933 shares during the last quarter. 53.94% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, StockNews.com upgraded eGain from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th.
eGain Stock Up 5.0 %
Shares of EGAN opened at $6.45 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.79 and a current ratio of 1.79. eGain Co. has a 52 week low of $4.71 and a 52 week high of $8.29. The stock has a market capitalization of $183.98 million, a price-to-earnings ratio of 33.95 and a beta of 0.42. The stock has a fifty day moving average of $5.52 and a 200-day moving average of $5.89.
eGain Profile
eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.
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