Could Mam Software Group Inc (NASDAQ:MAMS) See a Reversal After Less Sellers Came In?

April 10, 2018 - By Nellie Frank

MAM Software Group, Inc. (NASDAQ:MAMS) Logo

Investors sentiment increased to 2.5 in Q4 2017. Its up 0.50, from 2 in 2017Q3. It is positive, as 0 investors sold MAM Software Group, Inc. shares while 2 reduced holdings. 3 funds opened positions while 2 raised stakes. 3.94 million shares or 3.16% more from 3.82 million shares in 2017Q3 were reported.
Wynnefield Cap has invested 8.5% in MAM Software Group, Inc. (NASDAQ:MAMS). Deutsche Commercial Bank Ag invested in 7,552 shares or 0% of the stock. Royal Bancorp Of Canada, Ontario – Canada-based fund reported 500 shares. Minerva Advsrs Limited Liability Company holds 0.04% in MAM Software Group, Inc. (NASDAQ:MAMS) or 10,330 shares. Cove Street Cap Limited Co has 0.51% invested in MAM Software Group, Inc. (NASDAQ:MAMS). Panagora Asset Mngmt has 0% invested in MAM Software Group, Inc. (NASDAQ:MAMS) for 2,694 shares. Moreover, Blackrock has 0% invested in MAM Software Group, Inc. (NASDAQ:MAMS) for 4,352 shares. Massachusetts-based Acadian Asset Mngmt Ltd Liability Corporation has invested 0% in MAM Software Group, Inc. (NASDAQ:MAMS).

Since December 18, 2017, it had 0 insider purchases, and 3 selling transactions for $2.45 million activity. The insider Lewis William Austin IV sold 122,000 shares worth $921,100.

The stock of Mam Software Group Inc (NASDAQ:MAMS) registered a decrease of 60% in short interest. MAMS’s total short interest was 200 shares in April as published by FINRA. Its down 60% from 500 shares, reported previously. With 3,400 shares average volume, it will take short sellers 0 days to cover their MAMS’s short positions.

The stock increased 1.99% or $0.16 during the last trading session, reaching $8.21. About 805 shares traded. MAM Software Group, Inc. (NASDAQ:MAMS) has risen 21.09% since April 10, 2017 and is uptrending. It has outperformed by 9.54% the S&P500.

MAM Software Group, Inc., through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. The company has market cap of $103.26 million. It provides business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits; e-commerce and online services and products that connect manufacturers, warehouse distributors, retailers, and automotive service providers through the Internet; and customer support and consulting services comprising phone and online support, and implementation and training services. It has a 23.32 P/E ratio. The companyÂ’s business management solutions include Autopart for warehouse distributors that seek to manage various locations and inventories on a single system, as well as parts store chains that seek to manage multiple locations and inventories on a single system for a regional area; and VAST, a product for large-to medium-sized automotive service and tire chains.

MAM Software Group, Inc. (NASDAQ:MAMS) Ratings Coverage

Among 2 analysts covering MAM Software Group (NASDAQ:MAMS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. MAM Software Group had 2 analyst reports since November 13, 2017 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, February 12 by B. Riley & Co.

MAM Software Group, Inc. (NASDAQ:MAMS) Institutional Positions Chart

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