Ellie Mae Inc’s Price Sunk After Stake decreased By Ricky Sandler’s Eminence Capital

Ellie Mae, Inc. (NYSE:ELLI) Corporate Logo

Big Money Sentiment increased to 1.75 in Q3 2018. It has change of 0.60, from 2018Q2’s 1.15. The ratio increased due to Ellie Mae, Inc. positioning: 19 sold and 37 reduced. 32 funds took positions and 66 increased positions. Investors holded 41.13 million in 2018Q2 but now own 40.16 million shares or 2.36% less.

Alliancebernstein Lp invested 0% of its capital in Ellie Mae, Inc. (NYSE:ELLI). Brown Advisory has 0.01% invested in Ellie Mae, Inc. (NYSE:ELLI). 4,000 were reported by Palo Cap. Sei Company holds 595 shs. Barclays Public stated it has 47,132 shs or 0% of all its holdings. Numerixs Technology owns 5,300 shs. Tiaa Cref Mgmt Lc, a New York-based fund reported 110,233 shs. Manufacturers Life Com The holds 21,818 shs or 0% of its capital. Calamos Advisors Lc holds 0.14% in Ellie Mae, Inc. (NYSE:ELLI) or 262,295 shs. Mirador Cap L P stated it has 1.04% of its capital in Ellie Mae, Inc. (NYSE:ELLI). Wells Fargo And Co Mn invested in 154,910 shs. Quantitative Invest Limited reported 0.01% stake. Bnp Paribas Arbitrage Sa has invested 0% in Ellie Mae, Inc. (NYSE:ELLI). Ameriprise Financial has invested 0% in Ellie Mae, Inc. (NYSE:ELLI). Fincl Bank Of America De has invested 0% in Ellie Mae, Inc. (NYSE:ELLI).

Ellie Mae, Inc. registered $4.60 million net activity with 0 buys and 9 selling transactions since August 15, 2018. 8,164 shs were sold by SCHREINER GATES CATHLEEN, worth $549,070. $49,398 worth of Ellie Mae, Inc. (NYSE:ELLI) shs were sold by Corr Jonathan. BROWN BRIAN E. sold $3,360 worth of stock or 32 shs. On Friday, September 14 $10,050 worth of stock was sold by HERON POPI. Shares for $119,943 were sold by HIRSCH PETER.

Ellie Mae Inc has reduced Interest, Ricky Sandler’s Eminence Capital announced

In the following link 000090266419000991 you can find SC 13G/A SEC report about Ellie Mae Inc, registered by Eminence Capital.The Ricky Sandler’s Eminence Capital’s position decreased by -10.78 % for 2,309,552 shares.In another report on December 31, 2018 the percentage Ricky Sandler’s Eminence Capital holds in Information Technology- stock is 6.6%.

After reporting a decrease with $10.55 billion of its Ellie Mae Inc ownership the hedge fund looks more negative.

The hedge fund have positions in the Finance sector. Its 25% of Ricky Sandler’s Eminence Capital�s US portfolio.

Ellie Mae Inc Institutional Changes

158 investors own Ellie Mae Inc says the latest Securities and Exchange Commission reports. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 1643630 shares it is increased. Institutional investors owned 35345596. In total 25 funds opened new Ellie Mae Inc stakes, 58 increased stakes. There were 34 that closed positions and 54 reduced them.

The stock take place in the top Ten portfolios of 3 managers. Well-known investors are: Sylebra Hk Co Ltd, Tekne Capital Management Llc, Hmi Capital Llc..

The first, Sylebra Hk Company Ltd is owning 1018041 shares as of Q3 2017 for 7.27% of its portfolio. The next Summit Creek Advisors Llc holds 58254 shares or 0.94% of its portfolio. 226088 shares holds TX Ranger Investment Management Lp which is 1.39% of their stock portfolio. Scout Investments Inc announced stake worth 0.26% of its US stock portfolio. Further, the 3527 shares are owned by CA First Foundation Advisors. Ellie Mae Inc is 0.02% of the manager�s US portfolio.

Ricky Sandler’s Eminence Capital website.

ELLI touched $98.9 during the last trading session after $0.05 change.Ellie Mae, Inc. has 8.85 million shares volume, 883.95% up from normal. ELLI is downtrending and has moved 27.62% since February 14, 2018. ELLI underperformed the S&P500 by 27.62%.

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.The firm is worth $3.46 billion. The firm provides Encompass, a proprietary software solution that combines loan origination and enterprise management software for mortgage originators into a system, as well as access to investors, lenders, and service providers on the Ellie Mae Network.108.68 is the P/E ratio. The Company’s Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, Encompass Compliance Service, and Encompass Docs Solution as integrated components; Encompass Docs Solution, a disclosure and closing document preparation solution; and Encompass Compliance Service to analyze mortgage loan data for compliance with consumer protection laws and institutionally mandated compliance policies.

Ellie Mae, Inc. (NYSE:ELLI) Ratings Coverage

In total 8 analysts cover Ellie Mae (NYSE:ELLI). “Buy” rating has 2, “Sell” are 2, while 4 are “Hold”. (NYSE:ELLI) has 25% bullish analysts. 9 are the (NYSE:ELLI)’s ratings reports on 14 Feb 2019 according to StockzIntelligence Inc. On Thursday, November 29 the rating was initiated by Susquehanna with “Sell”. On Wednesday, October 10 Roth Capital upgraded Ellie Mae, Inc. (NYSE:ELLI) rating. Roth Capital has “Buy” rating and $100 target. On Friday, October 26 the firm has “Underweight” rating given by JP Morgan. On Friday, October 26 the stock of Ellie Mae, Inc. (NYSE:ELLI) earned “Outperform” rating by Oppenheimer. On Friday, October 26 KeyBanc Capital Markets downgraded the shares of ELLI in report to “Sector Weight” rating. The stock rating was maintained by Wedbush with “Underperform” on Monday, October 29. On Friday, October 26 Barclays Capital downgraded Ellie Mae, Inc. (NYSE:ELLI) rating. Barclays Capital has “Equal-Weight” rating and $66 target. On Friday, October 26 the stock of Ellie Mae, Inc. (NYSE:ELLI) has “Sector Perform” rating given by RBC Capital Markets. On Wednesday, February 13 Susquehanna upgraded the shares of ELLI in report to “Neutral” rating.

For more Ellie Mae, Inc. (NYSE:ELLI) news announced briefly go to: Fool.com, Benzinga.com, Globenewswire.com, Fool.com or Businesswire.com. The titles are as follows: “2 Stocks We’re Watching to Start 2019 – The Motley Fool” announced on January 13, 2019, “Earnings Scheduled For February 14, 2019 – Benzinga” on February 14, 2019, “Analysis: Positioning to Benefit within Skyworks Solutions, Atmos Energy, Ellie Mae, ScanSource, REV Group, and GTx — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” with a publish date: February 07, 2019, “3 Top U.S. Stocks to Watch – The Motley Fool” and the last “Millennial Borrowers Taking Out Larger FHA Loans to Compete for Limited Inventory, Latest Ellie Mae Millennial Tracker Finds – Business Wire” with publication date: January 15, 2019.

Ellie Mae, Inc. (NYSE:ELLI) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.