American Software, Inc. (AMSWA) Reaches $10.24 After 4.00% Down Move, BGC Partners (BGCP)’s Sentiment Is 0.86

June 29, 2017 - By Nellie Frank

The stock of American Software, Inc. (NASDAQ:AMSWA) is a huge mover today! About 85,904 shares traded. American Software, Inc. (NASDAQ:AMSWA) has risen 14.22% since June 29, 2016 and is uptrending. It has underperformed by 2.48% the S&P500.The move comes after 5 months negative chart setup for the $305.50 million company. It was reported on Jun, 29 by Barchart.com. We have $9.83 PT which if reached, will make NASDAQ:AMSWA worth $12.22 million less.

BGC Partners, Inc. is a global brokerage firm servicing the financial and real estate markets. The company has market cap of $3.59 billion. The Firm operates through two divisions: Financial Services and Real Estate Services. It has a 33.33 P/E ratio. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions.

About 3.64 million shares traded or 54.89% up from the average. BGC Partners, Inc. (BGCP) has risen 28.91% since June 29, 2016 and is uptrending. It has outperformed by 12.21% the S&P500.

Silver Capital Management Llc holds 6.08% of its portfolio in BGC Partners, Inc. for 129,750 shares. Doheny Asset Management Ca owns 745,417 shares or 3.69% of their US portfolio. Moreover, Shikiar Asset Management Inc has 3.35% invested in the company for 747,975 shares. The Connecticut-based Cardinal Capital Management Llc Ct has invested 3.16% in the stock. William Harris Investors Inc, a Illinois-based fund reported 698,973 shares.

Investors sentiment decreased to 1.26 in 2016 Q4. Its down 0.28, from 1.54 in 2016Q3. It is negative, as 5 investors sold American Software, Inc. shares while 26 reduced holdings. 7 funds opened positions while 32 raised stakes. 21.04 million shares or 1.48% less from 21.36 million shares in 2016Q3 were reported. Teton Advsrs Incorporated holds 189,113 shares or 0.2% of its portfolio. Deutsche Bancshares Ag has 39,799 shares for 0% of their portfolio. Perritt Management holds 1.33% in American Software, Inc. (NASDAQ:AMSWA) or 532,617 shares. Retail Bank Of America De holds 0% or 7,426 shares. State Street holds 482,863 shares. New York State Common Retirement Fund invested in 489,200 shares. Tower Rech Cap Limited Company (Trc) invested in 621 shares. Vanguard Grp invested in 0% or 1.14 million shares. State Board Of Administration Of Florida Retirement System stated it has 0% in American Software, Inc. (NASDAQ:AMSWA). Moreover, Barclays Public Limited Liability has 0% invested in American Software, Inc. (NASDAQ:AMSWA) for 485 shares. Sterling Capital Mngmt Limited has 76,570 shares for 0.01% of their portfolio. North Star Inv Management has 0.59% invested in American Software, Inc. (NASDAQ:AMSWA) for 377,863 shares. Parametric Associates Limited Co holds 37,467 shares or 0% of its portfolio. Bessemer holds 0% in American Software, Inc. (NASDAQ:AMSWA) or 31,300 shares. Blackrock Institutional Na invested 0% in American Software, Inc. (NASDAQ:AMSWA).

American Software, Inc. develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The company has market cap of $305.50 million. The Firm operates through three business divisions: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting. It has a 16.18 P/E ratio. The SCM segment consists of Logility, Inc. and its subsidiary, Demand Management, Inc. (DMI), both of which provide supply chain and retail planning solutions to trading partners.

Since March 14, 2017, it had 0 insider buys, and 11 selling transactions for $1.48 million activity. On Thursday, March 16 MCGUONE JAMES R sold $9,477 worth of American Software, Inc. (NASDAQ:AMSWA) or 906 shares. Another trade for 51,795 shares valued at $532,247 was sold by EDENFIELD J MICHAEL. MILLER JAMES B JR sold $30,172 worth of stock. 12,000 shares were sold by Sell Bryan L., worth $121,920.

Among 2 analysts covering American Software (NASDAQ:AMSWA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. American Software has $12.75 highest and $10 lowest target. $11.38’s average target is 11.13% above currents $10.24 stock price. American Software had 3 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Buy” rating by B. Riley & Co given on Friday, December 4. The stock of American Software, Inc. (NASDAQ:AMSWA) has “Hold” rating given on Monday, August 31 by Zacks. On Friday, October 16 the stock rating was upgraded by TheStreet to “Buy”.