697,374 Shares of Octave Intelligence plc $OCTV Purchased by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. purchased a new stake in Octave Intelligence plc (NASDAQ:OCTV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 697,374 shares of the company’s stock, valued at approximately $13,173,000. Octave Intelligence makes up 2.8% of O Keefe Stevens Advisory Inc.’s investment portfolio, making the stock its 17th largest holding.

Separately, Squarepoint Ops LLC purchased a new position in Octave Intelligence in the 2nd quarter valued at about $190,000.

Octave Intelligence Price Performance

NASDAQ OCTV traded up $0.30 during trading on Friday, hitting $20.34. The stock had a trading volume of 491,882 shares, compared to its average volume of 1,984,389. Octave Intelligence plc has a twelve month low of $15.41 and a twelve month high of $30.00. The business’s 50 day moving average is $18.99.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Morgan Stanley began coverage on shares of Octave Intelligence in a research report on Thursday, September 17th. They issued an “equal weight” rating and a $21.00 target price for the company. Wall Street Zen upgraded shares of Octave Intelligence to a “hold” rating in a research report on Saturday, July 18th. Barclays began coverage on shares of Octave Intelligence in a research note on Thursday, June 18th. They set an “equal weight” rating and a $18.00 price objective for the company. Evercore started coverage on shares of Octave Intelligence in a report on Friday, June 12th. They issued an “in-line” rating and a $20.00 price objective for the company. Finally, Weiss Ratings initiated coverage on shares of Octave Intelligence in a research note on Monday, August 17th. They issued a “sell (d)” rating on the stock. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $21.71.

Octave Intelligence Profile

Octave Intelligence plc provides various software solutions. Its solutions helps organizations to better understand and manage the environments in which they design, build, operate, and protect their assets, people, and critical infrastructure. Its platform connects data, events, and workflows across various environments and applies context-aware intelligence to help customers understand what is happening, what may happen next, and how actions in one area affect conditions in another. The company serves power generation and utilities, data centers and IT infrastructure operators, heavy construction and public works, industrial process industries, public safety and emergency response agencies, transportation networks and logistics operations, light process industries, and discrete manufacturing industries.