D.A. Davidson & CO. Invests $641,000 in Attunity Ltd (ATTU) Stock

D.A. Davidson & CO. acquired a new position in Attunity Ltd (NASDAQ:ATTU) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 32,557 shares of the technology company’s stock, valued at approximately $641,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Blair William & Co. IL boosted its holdings in Attunity by 27.2% in the 3rd quarter. Blair William & Co. IL now owns 15,900 shares of the technology company’s stock worth $300,000 after buying an additional 3,400 shares during the period. First Manhattan Co. purchased a new stake in Attunity in the 3rd quarter worth approximately $113,000. Wells Fargo & Company MN purchased a new stake in Attunity in the 3rd quarter worth approximately $120,000. Essex Investment Management Co. LLC lifted its stake in Attunity by 4.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 160,562 shares of the technology company’s stock worth $3,033,000 after purchasing an additional 6,591 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in Attunity in the 3rd quarter worth approximately $209,000. 49.14% of the stock is owned by institutional investors.

NASDAQ ATTU opened at $20.13 on Friday. Attunity Ltd has a 1 year low of $6.60 and a 1 year high of $27.32. The company has a market capitalization of $447.33 million, a price-to-earnings ratio of 62.91 and a beta of 1.99.

Attunity (NASDAQ:ATTU) last posted its earnings results on Thursday, January 31st. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.10. Attunity had a net margin of 6.95% and a return on equity of 11.23%. The business had revenue of $25.98 million for the quarter, compared to analysts’ expectations of $23.70 million. As a group, equities analysts anticipate that Attunity Ltd will post 0.29 earnings per share for the current fiscal year.

Several research firms have issued reports on ATTU. Zacks Investment Research cut shares of Attunity from a “buy” rating to a “hold” rating in a research note on Monday, November 5th. BidaskClub upgraded shares of Attunity from a “hold” rating to a “buy” rating in a research note on Thursday, November 8th. TheStreet upgraded shares of Attunity from a “c” rating to a “b-” rating in a research note on Friday, November 2nd. Finally, Craig Hallum reiterated a “buy” rating and issued a $24.00 target price on shares of Attunity in a research note on Thursday, November 1st. They noted that the move was a valuation call. One analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company’s stock. Attunity has a consensus rating of “Buy” and a consensus price target of $24.50.

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Attunity 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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