Oberweis Asset Management Inc. acquired a new stake in Attunity Ltd (NASDAQ:ATTU) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 986,100 shares of the technology company’s stock, valued at approximately $19,406,000. Attunity accounts for approximately 4.3% of Oberweis Asset Management Inc.’s portfolio, making the stock its 4th largest holding.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. New York State Common Retirement Fund raised its holdings in shares of Attunity by 1.3% in the 4th quarter. New York State Common Retirement Fund now owns 78,988 shares of the technology company’s stock valued at $1,554,000 after purchasing an additional 1,044 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Attunity by 27.2% in the 3rd quarter. Blair William & Co. IL now owns 15,900 shares of the technology company’s stock valued at $300,000 after purchasing an additional 3,400 shares in the last quarter. Wells Fargo & Company MN acquired a new stake in shares of Attunity in the 3rd quarter valued at $120,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Attunity in the 3rd quarter valued at $209,000. Finally, Raymond James & Associates acquired a new stake in shares of Attunity in the 4th quarter valued at $225,000. Institutional investors and hedge funds own 54.26% of the company’s stock.
NASDAQ:ATTU traded down $0.01 during midday trading on Friday, hitting $23.35. 23,799 shares of the company were exchanged, compared to its average volume of 860,624. Attunity Ltd has a fifty-two week low of $6.97 and a fifty-two week high of $27.32. The firm has a market capitalization of $499.51 million, a P/E ratio of 73.00, a P/E/G ratio of 3.22 and a beta of 1.95.
Attunity (NASDAQ:ATTU) last announced its quarterly earnings results on Thursday, January 31st. The technology company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.10. Attunity had a net margin of 6.95% and a return on equity of 11.23%. The firm had revenue of $25.98 million for the quarter, compared to analyst estimates of $23.70 million. Research analysts anticipate that Attunity Ltd will post 0.29 EPS for the current fiscal year.
A number of brokerages have recently weighed in on ATTU. Roth Capital lowered shares of Attunity from a “buy” rating to a “neutral” rating in a report on Thursday, February 21st. ValuEngine lowered shares of Attunity from a “strong-buy” rating to a “buy” rating in a report on Friday, March 1st. BidaskClub lowered shares of Attunity from a “strong-buy” rating to a “buy” rating in a report on Monday, February 4th. Finally, Craig Hallum lowered shares of Attunity from a “buy” rating to a “hold” rating in a report on Thursday, January 31st. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $24.50.
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Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.
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