On Jun 27, 2018 ChannelAdvisor (NYSE:ECOM) with $17.5 Target Was Coveraged By B. Riley FBR.

June 27, 2018 - By Theresa McIntyre

ChannelAdvisor Corporation (NYSE:ECOM) Corporate Logo

Big Money Sentiment decreased to 0.68 in Q1 2018. It has change of 0.25, from 2017Q4’s 0.93. The ratio dropped due to ChannelAdvisor Corporation positioning: 14 sold and 26 reduced. 8 funds amassed stakes and 19 increased stakes. Investors holded 19.52 million in 2017Q4 but now own 19.02 million shares or 2.55% less.

Clarivest Asset Mngmt Ltd Llc has 13,982 shs for 0% of their capital. Levin Capital Strategies Ltd Partnership has 0% invested in ChannelAdvisor Corporation (NYSE:ECOM) for 22,778 shs. Goldman Sachs has 0% invested in ChannelAdvisor Corporation (NYSE:ECOM) for 10,459 shs. Great West Life Assurance Can reported 5,693 shs. Millennium Mgmt Limited Liability Co invested 0% in ChannelAdvisor Corporation (NYSE:ECOM). Connor Clark And Lunn Invest Management Ltd accumulated 0% or 61,021 shs. Renaissance Technology Ltd Company holds 213,600 shs or 0% of its capital. Credit Suisse Ag accumulated 20,055 shs. Blackrock accumulated 1.55M shs. Stone Ridge Asset Mngmt Limited Liability Corporation accumulated 0.01% or 20,472 shs. Archon Management Ltd owns 0.95% invested in ChannelAdvisor Corporation (NYSE:ECOM) for 1.05M shs. Los Angeles Mngmt Equity holds 40,923 shs or 0% of its capital. Legal & General Gp Public Limited Liability Corp reported 4,725 shs. 16,369 are owned by International Group. Northern Tru has 0% invested in ChannelAdvisor Corporation (NYSE:ECOM).

ChannelAdvisor Corporation registered $1.24 million net activity with 1 buy and 4 selling transactions since February 16, 2018. 2,400 shs were sold by Cowell Janet Raye, worth $35,160 on Wednesday, May 16. WINGO M SCOT sold $729,500 worth of ChannelAdvisor Corporation (NYSE:ECOM) on Wednesday, May 16. On Monday, June 11 Cornetta Richard had sold 11,000 shs worth $160,013.

What Price Target Has B. Riley FBR Given ChannelAdvisor (NYSE:ECOM)

New York: On Tuesday, 26 June, ChannelAdvisor (NYSE:ECOM) coverage was started with a “Buy” rating and $17.5 price target at B. Riley FBR. That’s upside potential of 21.95 % from company’s last stock price.

ChannelAdvisor Corporation (NYSE:ECOM) Ratings Coverage

A total of 6 analysts rate ChannelAdvisor (NYSE:ECOM) as follows: 5 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 83% are bullish. (NYSE:ECOM) has 9 ratings reports on Jun 27, 2018 according to StockzIntelligence. The stock rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, February 14. On Wednesday, June 13 the stock of ChannelAdvisor Corporation (NYSE:ECOM) has “Buy” rating given by First Analysis. On Wednesday, February 14 the rating was maintained by Needham with “Buy”. On Tuesday, February 6 the stock has “Buy” rating by DA Davidson. On Monday, April 23 the firm earned “Buy” rating by First Analysis. On Friday, May 11 the stock of ChannelAdvisor Corporation (NYSE:ECOM) earned “Buy” rating by Needham. On Monday, April 23 the stock of ChannelAdvisor Corporation (NYSE:ECOM) earned “Buy” rating by DA Davidson. The stock rating was maintained by Robert W. Baird with “Hold” on Wednesday, February 14.

Ticker’s shares touched $14.35 during the last trading session after 1.03% change.ChannelAdvisor Corporation has volume of 11,503 shares. Since June 27, 2017 ECOM has risen 26.09% and is uptrending. ECOM outperformed the S&P500 by 13.52%.

ChannelAdvisor Corporation (NYSE:ECOM)’s quarterly earnings will be revealed on August, 2., Zacks reports. Analysts forecast $-0.19 EPS. That’s $0.04 down or 26.67 % from 2017’s earnings of $-0.15. After $-0.12 EPS report last quarter, Wall Street now sees 58.33 % negative EPS growth of ChannelAdvisor Corporation.

ChannelAdvisor Corporation provides software-as-a-service solutions in the United States and internationally.The firm is worth $389.00 million. The Company’s e-commerce cloud platform helps retailers and branded manufacturers to improve their online performance by expanding sales channels, connecting with clients around the world, optimizing their activities for peak performance, and providing actionable analytics to improve competitiveness.Currently it has negative earnings. The Company’s suite of solutions include various modules, including Marketplaces module that connects clients to third-party marketplaces; and Digital Marketing module, which connects clients to compare shopping Websites that allow clients to advertise products on search engines.

More recent ChannelAdvisor Corporation (NYSE:ECOM) news were posted by Globenewswire.com, Prnewswire.com and Globenewswire.com. The first one has “ChannelAdvisor to Present at the Stifel Cross Sector Insight Conference” as a title and was posted on June 05, 2018. The next is “ChannelAdvisor Joins Amazon Marketplace Developer Council” on June 11, 2018. And last was posted on June 08, 2018, called “Recent Analysis Shows ChannelAdvisor, Brookline, Canadian Natural Resources, Suncor Energy, Gerdau SA, and …”.

ChannelAdvisor Corporation (NYSE:ECOM) Institutional Investors Chart

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