Here’s how analysts see Ellie Mae, Inc. (NYSE:ELLI) after this past week.

Ellie Mae, Inc. (NYSE:ELLI) Logo
Investors sentiment decreased to 1.09 in Q4 2018. Its down 0.66, from 1.75 in 2018Q3. It fall, as 34 investors sold Ellie Mae, Inc. shares while 45 reduced holdings. 24 funds opened positions while 62 raised stakes. 41.52 million shares or 3.39% more from 40.16 million shares in 2018Q3 were reported.
Moody Bancorp Division stated it has 0% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI). Sg Americas Securities Lc holds 0.01% in Ellie Mae, Inc. (NYSE:ELLI) or 17,436 shares. Eminence Limited Partnership holds 2.82% or 2.31M shares. Prelude Mngmt Limited Liability Company accumulated 610 shares. 3,357 were reported by Employees Retirement Association Of Colorado. Moreover, Td Asset has 0% invested in Ellie Mae, Inc. (NYSE:ELLI) for 18,889 shares. Df Dent & reported 0.01% stake. Jpmorgan Chase holds 0% in Ellie Mae, Inc. (NYSE:ELLI) or 14,316 shares. 418,895 are owned by Goldman Sachs Gru Incorporated. Stifel Finance reported 0% in Ellie Mae, Inc. (NYSE:ELLI). Gagnon Securities Ltd Liability accumulated 116,797 shares. The Korea-based Mirae Asset Glob Company has invested 0.06% in Ellie Mae, Inc. (NYSE:ELLI). Retail Bank Of Montreal Can reported 0% stake. Summit Creek Advisors Lc owns 79,574 shares or 1.01% of their US portfolio. Neuberger Berman Group Limited Liability accumulated 15,893 shares.

Since December 28, 2018, it had 0 buys, and 3 selling transactions for $4.41 million activity. Shares for $3.70M were sold by Anderman Sigmund.

Ellie Mae, Inc. (NYSE:ELLI) Ratings Coverage

Among 2 analysts covering Ellie Mae Inc (NYSE:ELLI), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Ellie Mae Inc had 4 analyst reports since November 29, 2018 according to SRatingsIntel. Susquehanna initiated it with “Sell” rating and $5300 target in Thursday, November 29 report. Susquehanna upgraded the stock to “Neutral” rating in Wednesday, February 13 report. Below is a list of Ellie Mae, Inc. (NYSE:ELLI) latest ratings and price target changes.

04/04/2019 Broker: BidaskScore Rating: Sell Downgrade
15/02/2019 Broker: Morgan Stanley Rating: Hold New Target: $95
13/02/2019 Broker: Susquehanna Old Rating: Negative New Rating: Neutral Old Target: $53 New Target: $99 Upgrade
29/11/2018 Broker: Susquehanna Rating: Sell New Target: $53.0000 Initiate

It closed at $98.99 lastly. It is up 12.94% since May 8, 2018 and is uptrending. It has outperformed by 8.57% the S&P500.

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States. The company has market cap of $3.47 billion. The firm provides Encompass, a proprietary software solution that combines loan origination and enterprise management software for mortgage originators into a system, as well as access to investors, lenders, and service providers on the Ellie Mae Network. It has a 157.13 P/E ratio. The Company’s Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, Encompass Compliance Service, and Encompass Docs Solution as integrated components; Encompass Docs Solution, a disclosure and closing document preparation solution; and Encompass Compliance Service to analyze mortgage loan data for compliance with consumer protection laws and institutionally mandated compliance policies.

More notable recent Ellie Mae, Inc. (NYSE:ELLI) news were published by: Fool.com which released: “Ellie Mae Is Being Acquired. Should Investors Sell or Hold? – Motley Fool” on February 27, 2019, also Fool.com with their article: “Why Ellie Mae Is Tanking Today – Motley Fool” published on October 26, 2018, Benzinga.com published: “Ellie Mae (NYSE:ELLI) Hit With Downgrade On Valuation, Mortgage End Market Challenges – Benzinga” on June 21, 2018. More interesting news about Ellie Mae, Inc. (NYSE:ELLI) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Shenandoah Telecommunications Company (SHEN) – Yahoo Finance” published on May 01, 2019 as well as Seekingalpha.com‘s news article titled: “Ellie Mae Has Become A Takeover Target – Seeking Alpha” with publication date: April 03, 2019.

Ellie Mae, Inc. (NYSE:ELLI) Institutional Positions Chart

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