Attunity Ltd (ATTU) Shares Bought by Essex Investment Management Co. LLC

Essex Investment Management Co. LLC raised its holdings in Attunity Ltd (NASDAQ:ATTU) by 4.3% during the third quarter, Holdings Channel reports. The institutional investor owned 160,562 shares of the technology company’s stock after acquiring an additional 6,591 shares during the period. Essex Investment Management Co. LLC’s holdings in Attunity were worth $3,033,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. United Services Automobile Association acquired a new stake in Attunity in the 2nd quarter valued at approximately $531,000. B. Riley Financial Inc. acquired a new stake in Attunity in the 2nd quarter valued at approximately $999,000. Citadel Advisors LLC acquired a new stake in Attunity in the 2nd quarter valued at approximately $151,000. Engineers Gate Manager LP acquired a new stake in Attunity in the 2nd quarter valued at approximately $143,000. Finally, Acadian Asset Management LLC acquired a new stake in Attunity in the 2nd quarter valued at approximately $3,016,000. 38.37% of the stock is currently owned by hedge funds and other institutional investors.

Shares of ATTU stock opened at $17.22 on Wednesday. Attunity Ltd has a 12 month low of $6.27 and a 12 month high of $22.11. The company has a market capitalization of $391.63 million, a price-to-earnings ratio of -55.55 and a beta of 1.79.

Attunity (NASDAQ:ATTU) last announced its quarterly earnings data on Wednesday, July 25th. The technology company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.14. Attunity had a negative return on equity of 0.10% and a negative net margin of 2.18%. The company had revenue of $19.82 million during the quarter, compared to the consensus estimate of $17.56 million. On average, sell-side analysts expect that Attunity Ltd will post 0.02 earnings per share for the current fiscal year.

A number of research firms have issued reports on ATTU. BidaskClub lowered Attunity from a “buy” rating to a “hold” rating in a report on Tuesday, October 9th. Zacks Investment Research upgraded Attunity from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Tuesday, October 9th. Craig Hallum raised their price objective on Attunity from $14.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. Roth Capital raised their price objective on Attunity from $13.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. Finally, Needham & Company LLC raised their price objective on Attunity from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $21.75.

Attunity Company Profile

Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.

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Institutional Ownership by Quarter for Attunity (NASDAQ:ATTU)

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