Geode Capital Management LLC lifted its holdings in Guidance Software, Inc. (NASDAQ:GUID) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,854 shares of the software maker’s stock after purchasing an additional 5,864 shares during the quarter. Geode Capital Management LLC owned 0.51% of Guidance Software worth $890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Guidance Software by 12.2% in the first quarter. Vanguard Group Inc. now owns 1,144,250 shares of the software maker’s stock worth $6,751,000 after purchasing an additional 124,121 shares during the last quarter. Primecap Management Co. CA raised its stake in shares of Guidance Software by 2.5% in the first quarter. Primecap Management Co. CA now owns 4,779,594 shares of the software maker’s stock worth $28,200,000 after purchasing an additional 117,979 shares during the last quarter. TFS Capital LLC purchased a new position in shares of Guidance Software in the first quarter worth $225,000. Hillsdale Investment Management Inc. purchased a new position in shares of Guidance Software in the first quarter worth $431,000. Finally, Russell Investments Group Ltd. raised its stake in shares of Guidance Software by 7.6% in the first quarter. Russell Investments Group Ltd. now owns 122,876 shares of the software maker’s stock worth $725,000 after purchasing an additional 8,676 shares during the last quarter. Hedge funds and other institutional investors own 51.78% of the company’s stock.
In other news, major shareholder Shawn Mccreight sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $6.59, for a total transaction of $131,800.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 1,286,050 shares of company stock worth $9,018,084. Insiders own 38.11% of the company’s stock.
Shares of Guidance Software, Inc. (GUID) traded down 0.28% during trading on Friday, reaching $7.07. The company had a trading volume of 149,977 shares. The company’s market capitalization is $216.10 million. Guidance Software, Inc. has a 52 week low of $4.52 and a 52 week high of $7.80. The stock’s 50-day moving average price is $7.08 and its 200-day moving average price is $6.58.
Guidance Software (NASDAQ:GUID) last posted its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.02. The company had revenue of $24.66 million for the quarter, compared to analysts’ expectations of $27.63 million. Guidance Software had a negative return on equity of 1,053.09% and a negative net margin of 6.56%. On average, equities analysts expect that Guidance Software, Inc. will post $0.31 EPS for the current fiscal year.
GUID has been the subject of several recent analyst reports. Zacks Investment Research cut Guidance Software from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Piper Jaffray Companies cut Guidance Software from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $8.50 to $7.00 in a research report on Wednesday, July 26th. Northland Securities set a $8.00 price objective on Guidance Software and gave the company a “buy” rating in a research report on Saturday, July 22nd. Gabelli reissued a “hold” rating on shares of Guidance Software in a report on Thursday, July 27th. Finally, B. Riley reissued a “neutral” rating and set a $7.10 price target on shares of Guidance Software in a report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. Guidance Software presently has an average rating of “Hold” and a consensus price target of $14.61.
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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