On Jun 27, 2018 ChannelAdvisor (NYSE:ECOM) with $17.5 Target Analyzed by B. Riley FBR.

June 27, 2018 - By Michael Day

ChannelAdvisor Corporation (NYSE:ECOM) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.68. That’s change of 0.25, from 2017Q4’s 0.93. 14 investors sold all, 26 reduced holdings as ChannelAdvisor Corporation ratio is negative. 19 grew positions while 8 funds acquired positions. Funds hold 19.02 million shares thus 2.55% less from 2017Q4’s 19.52 million shares.

D E Shaw Co Inc reported 0.01% in ChannelAdvisor Corporation (NYSE:ECOM). Ameritas Partners holds 0% of its capital in ChannelAdvisor Corporation (NYSE:ECOM) for 1,855 shs. Stone Ridge Asset Limited Co has 20,472 shs. New York State Common Retirement Fund has 0% invested in ChannelAdvisor Corporation (NYSE:ECOM). Spark Investment Management Ltd Limited Liability Company reported 144,100 shs. Tower Cap Limited Liability Company (Trc) invested 0.01% in ChannelAdvisor Corporation (NYSE:ECOM). National Bank Of America De reported 15,602 shs or 0% of all its holdings. 75 are owned by Federated Inc Pa. Northern Corporation reported 313,626 shs or 0% of all its holdings. Amer Int Grp Inc holds 0% or 16,369 shs in its capital. 45,000 were accumulated by Needham Inv Mngmt Limited Liability Corp. Clarivest Asset Management Limited Co reported 13,982 shs stake. Us Bankshares De accumulated 9,158 shs. Bankshares Of New York Mellon holds 99,844 shs or 0% of its capital. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 777 shs.

ChannelAdvisor Corporation had 4 selling transactions and 1 buying transaction since February 16, 2018. This’s net activity of $1.24 million. Cowell Janet Raye sold $35,160 worth of ChannelAdvisor Corporation (NYSE:ECOM) on Wednesday, May 16. On Friday, February 16 Shares for $48,785 were bought by Cook Mark. WINGO M SCOT sold $366,000 worth of stock.

What Price Target Has B. Riley FBR Given ChannelAdvisor (NYSE:ECOM)

Analysts at B. Riley FBR gave “Buy” rating and has TP of $17.5 on ECOM’s shares. On Tuesday, 26 June a coverage has started with ChannelAdvisor (NYSE:ECOM)‘s stock.

ChannelAdvisor Corporation (NYSE:ECOM) Ratings Coverage

In total 6 analysts cover ChannelAdvisor (NYSE:ECOM). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. (NYSE:ECOM) has 83% bullish analysts. 9 are the (NYSE:ECOM)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. The stock rating was maintained by First Analysis with “Buy” on Wednesday, June 13. On Wednesday, February 14 the firm has “Hold” rating by Robert W. Baird given. On Monday, April 23 the stock has “Buy” rating by First Analysis. On Wednesday, February 14 the rating was maintained by Stifel Nicolaus with “Buy”. On Monday, April 23 DA Davidson maintained ChannelAdvisor Corporation (NYSE:ECOM) rating. DA Davidson has “Buy” rating and $13 target. On Friday, May 11 Needham maintained the shares of ECOM in report with “Buy” rating. On Wednesday, February 14 Needham maintained the shares of ECOM in report with “Buy” rating. On Tuesday, February 6 DA Davidson upgraded the shares of ECOM in report to “Buy” rating.

ECOM is touching $14.35 during the last trading session, after decreased 1.03%.ChannelAdvisor Corporation has volume of 11,503 shares. Since June 27, 2017 ECOM has risen 26.09% and is uptrending. ECOM outperformed by 13.52% the S&P 500.

Investors expect ChannelAdvisor Corporation (NYSE:ECOM)’s quarterly earnings on August, 2., according to RTT. This year’s earnings per share analyst estimate is anticipated to be $-0.19. That is 26.67 % down compareed to $-0.15 earnings per share for last year. After $-0.12 EPS report last quarter, Wall Street now predicts 58.33 % negative EPS growth of ChannelAdvisor Corporation.

ChannelAdvisor Corporation provides software-as-a-service solutions in the United States and internationally.The company has $389.00 million market cap. The Company’s e-commerce cloud platform helps retailers and branded manufacturers to improve their online performance by expanding sales channels, connecting with clients around the world, optimizing their activities for peak performance, and providing actionable analytics to improve competitiveness.Currently it has negative earnings. The Company’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 recent ChannelAdvisor Corporation (NYSE:ECOM) news were announced by Globenewswire.com, Prnewswire.com and Globenewswire.com. The first one has “Recent Analysis Shows ChannelAdvisor, Brookline, Canadian Natural Resources, Suncor Energy, Gerdau SA, and …” as a title and was announced on June 08, 2018. The next is “ChannelAdvisor Joins Amazon Marketplace Developer Council” on June 11, 2018. And last was announced on June 05, 2018, called “ChannelAdvisor to Present at the Stifel Cross Sector Insight Conference”.

ChannelAdvisor Corporation (NYSE:ECOM) Institutional Investors Chart

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