Zevenbergen Capital Investments Has Lifted Ellie Mae (ELLI) Stake; 1 Bullish Analysts Covering SAVANNA ENERGY SERVICES (TSE:SVY)

December 8, 2017 - By Vivian Currie

Zevenbergen Capital Investments Llc increased Ellie Mae Inc. (ELLI) stake by 11.46% reported in 2017Q2 SEC filing. Zevenbergen Capital Investments Llc acquired 67,740 shares as Ellie Mae Inc. (ELLI)’s stock rose 15.16%. The Zevenbergen Capital Investments Llc holds 658,850 shares with $72.41 million value, up from 591,110 last quarter. Ellie Mae Inc. now has $3.06B valuation. The stock decreased 0.05% or $0.04 during the last trading session, reaching $88.46. About 313,172 shares traded. Ellie Mae, Inc. (NYSE:ELLI) has risen 37.10% since December 8, 2016 and is uptrending. It has outperformed by 20.40% the S&P500.

Among 4 analysts covering Savanna Energy Services Corp. (TSE:SVY), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Savanna Energy Services Corp. had 18 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, August 5 by Raymond James. On Wednesday, August 5 the stock rating was maintained by Scotia Capital with “Sector Perform”. The rating was downgraded by TD Securities to “Hold” on Friday, January 27. IBC upgraded it to “Sector Outperform” rating and $2.50 target in Thursday, August 6 report. The stock of SAVANNA ENERGY SERVICES CORP (TSE:SVY) earned “Sector Perform” rating by Scotia Capital on Tuesday, July 21. See SAVANNA ENERGY SERVICES CORP (TSE:SVY) latest ratings:

Among 16 analysts covering Elli Mae (NYSE:ELLI), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Elli Mae had 46 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Thursday, October 29. The stock of Ellie Mae, Inc. (NYSE:ELLI) earned “Outperform” rating by William Blair on Monday, April 3. The stock has “Hold” rating by RBC Capital Markets on Sunday, October 8. The stock of Ellie Mae, Inc. (NYSE:ELLI) earned “Buy” rating by Oppenheimer on Wednesday, August 9. The rating was maintained by Oppenheimer on Tuesday, July 25 with “Buy”. The company was maintained on Sunday, September 3 by RBC Capital Markets. The stock has “Outperform” rating by Oppenheimer on Wednesday, March 9. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, April 29 report. The rating was initiated by Pacific Crest on Tuesday, September 6 with “Overweight”. On Thursday, November 17 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”.

Zevenbergen Capital Investments Llc decreased Mercadolibre Inc. (NASDAQ:MELI) stake by 43,115 shares to 401,537 valued at $100.74 million in 2017Q2. It also reduced Wayfair Inc. (NYSE:W) stake by 10,540 shares and now owns 71,770 shares. Medidata Solutions Inc. (NASDAQ:MDSO) was reduced too.