Northland Securities set a $8.00 target price on Guidance Software, Inc. (NASDAQ:GUID) in a research report sent to investors on Saturday, July 22nd. The brokerage currently has a buy rating on the software maker’s stock.
Other equities research analysts also recently issued research reports about the company. Zacks Investment Research downgraded Guidance Software from a buy rating to a hold rating in a research report on Tuesday, July 4th. B. Riley restated a buy rating and set a $9.00 target price on shares of Guidance Software in a research report on Monday, May 8th. Piper Jaffray Companies initiated coverage on Guidance Software in a research report on Tuesday, April 4th. They set an overweight rating and a $8.50 target price for the company. Finally, TheStreet upgraded Guidance Software from a d- rating to a c- rating in a research report on Wednesday, May 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of $14.61.
Shares of Guidance Software (NASDAQ:GUID) traded down 0.14% during midday trading on Friday, reaching $7.07. The company’s stock had a trading volume of 869,017 shares. Guidance Software has a 52-week low of $4.52 and a 52-week high of $7.80. The company’s market capitalization is $216.10 million. The stock has a 50 day moving average price of $6.97 and a 200-day moving average price of $6.59.
Guidance Software (NASDAQ:GUID) last posted its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. The company had revenue of $24.66 million for the quarter, compared to analyst estimates of $27.63 million. Guidance Software had a negative return on equity of 1,053.09% and a negative net margin of 6.56%. Equities research analysts expect that Guidance Software will post $0.31 EPS for the current year.
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In related news, major shareholder Shawn Mccreight sold 226,981 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $7.06, for a total value of $1,602,485.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 1,516,931 shares of company stock valued at $10,512,634 in the last quarter. 38.11% of the stock is currently owned by corporate insiders.
Large investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP bought a new stake in Guidance Software during the second quarter worth approximately $103,000. Balter Liquid Alternatives LLC bought a new stake in Guidance Software during the second quarter worth approximately $123,000. The Manufacturers Life Insurance Company increased its stake in Guidance Software by 6.9% in the second quarter. The Manufacturers Life Insurance Company now owns 19,983 shares of the software maker’s stock worth $132,000 after buying an additional 1,298 shares in the last quarter. Citadel Advisors LLC increased its stake in Guidance Software by 38.6% in the first quarter. Citadel Advisors LLC now owns 22,707 shares of the software maker’s stock worth $134,000 after buying an additional 6,319 shares in the last quarter. Finally, First Quadrant L P CA acquired a new position in Guidance Software during the second quarter worth about $134,000. Institutional investors and hedge funds own 52.97% of the company’s stock.
Guidance Software Company Profile
Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.
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