eGain (NASDAQ:EGAN – Get Free Report) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Tuesday.
A number of other equities research analysts have also recently weighed in on EGAN. Roth Mkm restated a “buy” rating and issued a $12.00 price target on shares of eGain in a research note on Friday, September 6th. Craig Hallum increased their price target on eGain from $6.00 to $7.00 and gave the company a “hold” rating in a research note on Friday, September 6th.
Get Our Latest Analysis on eGain
eGain Stock Down 3.5 %
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in eGain by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 2,068,063 shares of the technology company’s stock worth $13,339,000 after buying an additional 10,179 shares during the period. Acadian Asset Management LLC increased its position in eGain by 8.6% during the 2nd quarter. Acadian Asset Management LLC now owns 984,257 shares of the technology company’s stock worth $6,207,000 after buying an additional 78,051 shares during the period. Dimensional Fund Advisors LP increased its position in eGain by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 681,737 shares of the technology company’s stock worth $4,301,000 after buying an additional 1,752 shares during the period. Renaissance Technologies LLC increased its position in eGain by 3.3% during the 2nd quarter. Renaissance Technologies LLC now owns 643,319 shares of the technology company’s stock worth $4,059,000 after buying an additional 20,600 shares during the period. Finally, Sei Investments Co. increased its position in eGain by 2.1% during the 2nd quarter. Sei Investments Co. now owns 163,132 shares of the technology company’s stock worth $1,029,000 after buying an additional 3,384 shares during the period. Institutional investors own 53.94% of the company’s stock.
eGain Company Profile
eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.
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