Teachers Advisors LLC continued to hold its stake in Guidance Software, Inc. (NASDAQ:GUID) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,871 shares of the software maker’s stock at the end of the fourth quarter. Teachers Advisors LLC’s holdings in Guidance Software were worth $233,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of GUID. Renaissance Technologies LLC raised its position in shares of Guidance Software by 3.9% in the fourth quarter. Renaissance Technologies LLC now owns 385,700 shares of the software maker’s stock valued at $2,731,000 after buying an additional 14,400 shares during the last quarter. State Street Corp raised its position in shares of Guidance Software by 2.0% in the fourth quarter. State Street Corp now owns 304,945 shares of the software maker’s stock valued at $2,159,000 after buying an additional 5,982 shares during the last quarter. Norges Bank acquired a new position in shares of Guidance Software during the fourth quarter valued at $1,416,000. Russell Investments Group Ltd. acquired a new position in shares of Guidance Software during the fourth quarter valued at $819,000. Finally, Oxford Asset Management raised its position in shares of Guidance Software by 132.6% in the fourth quarter. Oxford Asset Management now owns 36,480 shares of the software maker’s stock valued at $258,000 after buying an additional 20,797 shares during the last quarter. Institutional investors own 52.77% of the company’s stock.
Guidance Software, Inc. (GUID) opened at 6.70 on Friday. Guidance Software, Inc. has a 1-year low of $4.52 and a 1-year high of $7.80. The firm’s market capitalization is $202.63 million. The firm’s 50-day moving average price is $6.45 and its 200-day moving average price is $6.68.
Guidance Software (NASDAQ:GUID) last announced its quarterly earnings results on Tuesday, May 2nd. The software maker reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. The firm had revenue of $26.79 million during the quarter, compared to analysts’ expectations of $26.80 million. On average, equities research analysts predict that Guidance Software, Inc. will post $0.31 EPS for the current fiscal year.
GUID has been the subject of several analyst reports. Zacks Investment Research lowered Guidance Software from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. B. Riley reiterated a “buy” rating and issued a $9.00 price objective on shares of Guidance Software in a research report on Monday, May 8th. Northland Securities initiated coverage on Guidance Software in a research report on Monday, April 10th. They issued an “outperform” rating and a $8.00 price objective for the company. TheStreet upgraded Guidance Software from a “d-” rating to a “c-” rating in a research report on Wednesday, May 3rd. Finally, Piper Jaffray Companies initiated coverage on Guidance Software in a research report on Tuesday, April 4th. They issued an “overweight” rating and a $8.50 price objective for the company. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $15.03.
In related news, CEO Patrick Dennis sold 17,705 shares of the company’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $5.82, for a total transaction of $103,043.10. Following the completion of the sale, the chief executive officer now directly owns 919,018 shares of the company’s stock, valued at approximately $5,348,684.76. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Shawn Mccreight sold 10,000 shares of the company’s stock in a transaction on Monday, April 3rd. The stock was sold at an average price of $5.85, for a total transaction of $58,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 728,119 shares of company stock valued at $4,758,607. 38.11% of the stock is owned by corporate insiders.
About Guidance Software
Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.
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