Citigroup Inc. Buys 28,024 Shares of Park City Group, Inc. (NASDAQ:PCYG)

Citigroup Inc. lifted its stake in shares of Park City Group, Inc. (NASDAQ:PCYG) by 350,300.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,032 shares of the technology company’s stock after buying an additional 28,024 shares during the quarter. Citigroup Inc. owned about 0.15% of Park City Group worth $246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Qube Research & Technologies Ltd bought a new position in shares of Park City Group in the 3rd quarter worth approximately $27,000. O Shaughnessy Asset Management LLC grew its stake in Park City Group by 115.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 41,932 shares of the technology company’s stock worth $367,000 after purchasing an additional 22,469 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in Park City Group in the third quarter worth $125,000. Envestnet Asset Management Inc. lifted its position in Park City Group by 49.5% during the third quarter. Envestnet Asset Management Inc. now owns 28,080 shares of the technology company’s stock valued at $246,000 after buying an additional 9,300 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Park City Group by 15.6% during the 3rd quarter. UBS Group AG now owns 85,860 shares of the technology company’s stock valued at $752,000 after buying an additional 11,560 shares in the last quarter. 26.36% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Park City Group in a research note on Monday. They issued a “hold” rating for the company.

Park City Group Stock Performance

PCYG stock opened at $16.03 on Thursday. The firm has a 50 day moving average price of $13.50 and a 200-day moving average price of $11.06. Park City Group, Inc. has a 52-week low of $4.80 and a 52-week high of $10.50. The firm has a market capitalization of $291.35 million, a price-to-earnings ratio of 59.37 and a beta of 1.10.

About Park City Group

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.