Jane Street Group LLC Buys 5,144 Shares of eGain Co. (NASDAQ:EGAN)

Jane Street Group LLC raised its stake in eGain Co. (NASDAQ:EGAN) by 16.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,753 shares of the technology company’s stock after buying an additional 5,144 shares during the period. Jane Street Group LLC owned about 0.13% of eGain worth $182,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in shares of eGain by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 681,737 shares of the technology company’s stock valued at $4,301,000 after purchasing an additional 1,752 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of eGain by 3.3% during the 2nd quarter. Renaissance Technologies LLC now owns 643,319 shares of the technology company’s stock valued at $4,059,000 after purchasing an additional 20,600 shares during the last quarter. Sei Investments Co. grew its holdings in shares of eGain by 2.1% during the 2nd quarter. Sei Investments Co. now owns 163,132 shares of the technology company’s stock valued at $1,029,000 after purchasing an additional 3,384 shares during the last quarter. Williams & Novak LLC bought a new stake in eGain in the 3rd quarter worth $66,000. Finally, Assenagon Asset Management S.A. grew its holdings in eGain by 17.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 73,401 shares of the technology company’s stock worth $374,000 after acquiring an additional 10,933 shares during the last quarter. Institutional investors own 53.94% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of eGain from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

eGain Trading Up 0.3 %

Shares of NASDAQ EGAN opened at $6.56 on Tuesday. eGain Co. has a 1 year low of $4.71 and a 1 year high of $7.96. The stock has a market cap of $187.12 million, a P/E ratio of 34.53 and a beta of 0.42. The firm has a 50-day moving average of $5.72 and a 200 day moving average of $5.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.79 and a quick ratio of 1.79.

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.