Somewhat Negative News Coverage Somewhat Unlikely to Impact MAM Software Group (MAMS) Stock Price

Headlines about MAM Software Group (NASDAQ:MAMS) have been trending somewhat negative on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MAM Software Group earned a daily sentiment score of 0.00 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 44.7011463981493 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of NASDAQ MAMS remained flat at $$8.79 during midday trading on Monday. The company’s stock had a trading volume of 6,386 shares, compared to its average volume of 17,713. The company has a market capitalization of $110.69 million, a PE ratio of 23.13 and a beta of -0.17. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.04 and a current ratio of 1.07. MAM Software Group has a 12 month low of $6.11 and a 12 month high of $9.42.

MAM Software Group (NASDAQ:MAMS) last released its quarterly earnings results on Thursday, May 10th. The technology company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.05. MAM Software Group had a net margin of 13.58% and a return on equity of 39.31%. The business had revenue of $9.11 million for the quarter, compared to analyst estimates of $8.95 million. equities analysts forecast that MAM Software Group will post 0.33 EPS for the current year.

Several research analysts recently commented on MAMS shares. Zacks Investment Research raised MAM Software Group from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Tuesday, March 20th. ValuEngine raised MAM Software Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.

In other MAM Software Group news, Director Frederick Gerald Wasserman sold 5,396 shares of MAM Software Group stock in a transaction on Tuesday, May 29th. The shares were sold at an average price of $8.21, for a total value of $44,301.16. Following the transaction, the director now directly owns 135,229 shares of the company’s stock, valued at $1,110,230.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael Jamieson sold 200,000 shares of MAM Software Group stock in a transaction on Friday, May 18th. The stock was sold at an average price of $8.00, for a total transaction of $1,600,000.00. Following the completion of the transaction, the chief executive officer now directly owns 882,165 shares in the company, valued at $7,057,320. The disclosure for this sale can be found here. Insiders sold 334,171 shares of company stock worth $2,539,017 over the last ninety days. Corporate insiders own 32.46% of the company’s stock.

About MAM Software Group

MAM Software Group, Inc, through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. It provides business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits; e-commerce and online services and products that connect manufacturers, warehouse distributors, retailers, and automotive service providers through the Internet; and customer support and consulting services comprising phone and online support, and implementation and training services.

Insider Buying and Selling by Quarter for MAM Software Group (NASDAQ:MAMS)

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