B. Riley FBR Got ChannelAdvisor (NYSE:ECOM) Covered with $17.5 Target.

June 27, 2018 - By Georgina Andrews

ChannelAdvisor Corporation (NYSE:ECOM) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.68. That’s change of 0.25, from 2017Q4’s 0.93. 14 investors sold all, 26 reduced holdings as ChannelAdvisor Corporation ratio turned negative. 19 grew stakes while 8 funds bought stakes. Funds hold 19.02 million shares thus 2.55% less from 2017Q4’s 19.52 million shares.

D E Shaw And has 0.01% invested in ChannelAdvisor Corporation (NYSE:ECOM). Bnp Paribas Arbitrage Sa holds 0% of its capital in ChannelAdvisor Corporation (NYSE:ECOM) for 5,462 shs. Alliancebernstein Limited Partnership accumulated 16,750 shs. Renaissance Technologies Ltd Llc holds 0% in ChannelAdvisor Corporation (NYSE:ECOM) or 213,600 shs. 1.18 million were reported by Vanguard Group Inc. Parametric Portfolio Assocs Limited Com has 0% invested in ChannelAdvisor Corporation (NYSE:ECOM) for 61,037 shs. Morgan Stanley stated it has 96,079 shs. Archon Cap Management Limited Liability stated it has 0.95% of its capital in ChannelAdvisor Corporation (NYSE:ECOM). 4.31M were reported by Arrowmark Colorado Lc. Rhumbline Advisers has 22,914 shs. Zurcher Kantonalbank (Zurich Cantonalbank) reported 777 shs. Amer Gp, a New York-based fund reported 16,369 shs. Cubist Systematic Strategies Ltd Liability Company holds 9,670 shs or 0.01% of its capital. Legal General Grp Public Limited Company has 4,725 shs. Clarivest Asset Management Ltd Liability Co owns 13,982 shs.

ChannelAdvisor Corporation registered $1.24 million net activity with 1 insider buy and 4 sales since February 16, 2018. The insider Cornetta Richard sold 11,000 shs worth $160,013. On Friday, February 16 $48,785 worth of ChannelAdvisor Corporation (NYSE:ECOM) was bought by Cook Mark. On Wednesday, May 16 $35,160 worth of stock was sold by Cowell Janet Raye.

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

Expert analysts at B. Riley FBR gave Buy rating and has PT of $17.5 on ECOM’s shares. On 26 June a coverage initiated with ChannelAdvisor (NYSE:ECOM)‘s stock.

ChannelAdvisor Corporation (NYSE:ECOM) Ratings Coverage

In total 6 analysts cover ChannelAdvisor (NYSE:ECOM). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. 83% are bullish. 9 are the (NYSE:ECOM)’s analyst reports since February 6, 2018 according to StockzIntelligence Inc. In Wednesday, February 14 report Needham maintained the stock with “Buy” rating. On Monday, April 23 the stock of ChannelAdvisor Corporation (NYSE:ECOM) has “Buy” rating given by First Analysis. On Wednesday, February 14 the company was maintained by Stifel Nicolaus. On Wednesday, February 14 the rating was maintained by Robert W. Baird with “Hold”. On Monday, April 23 the firm has “Buy” rating given by DA Davidson. On Friday, May 11 the stock has “Buy” rating by Needham. On Wednesday, June 13 the rating was maintained by First Analysis with “Buy”. On Tuesday, February 6 the stock has “Buy” rating by DA Davidson.

The stock decreased 1.03% or $0.15 during the last trading session, reaching $14.35.ChannelAdvisor Corporation has volume of 11,503 shares. Since June 27, 2017 ECOM has risen 26.09% and is uptrending. The stock outperformed the S&P 500 by 13.52%.

ChannelAdvisor Corporation (NYSE:ECOM)’s earnings report is awaited by WallStreet on August, 2, as reported by RTT. Analysts have anticipation on stock’s EPS of $-0.19. That’s down 26.67 % from last year’s $-0.15 EPS. 58.33 % negative EPS growth is what analysts predict. $-0.12 EPS was reported for last quarter.

ChannelAdvisor Corporation provides software-as-a-service solutions in the United States and internationally.The firm is valued at $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 announced by Globenewswire.com, Globenewswire.com and Prnewswire.com. The first one has “Recent Analysis Shows ChannelAdvisor, Brookline, Canadian Natural Resources, Suncor Energy, Gerdau SA, and …” as a title and was announced on June 08, 2018. The next is “ChannelAdvisor to Present at the Stifel Cross Sector Insight Conference” on June 05, 2018. And last was announced on June 11, 2018, called “ChannelAdvisor Joins Amazon Marketplace Developer Council”.

ChannelAdvisor Corporation (NYSE:ECOM) Institutional Investors Chart

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