Zacks Investment Research upgraded shares of Attunity (NASDAQ:ATTU) from a strong sell rating to a hold rating in a research report released on Tuesday.
According to Zacks, “Attunity is the leading provider of service-orientated software and solutions in the Workplace Applications market. Using Attunity’s software, companies can seamlessly and efficiently connect, transfer, join and stream to and from virtually any data source in real-time, and subsequently use that data to rapidly configure and deploy management-focused Workplace Applications. With successful deployments at thousands of organizations worldwide, Attunity has over seveteen years experience of providing enterprise-class software, both directly and indirectly through a number of strategic and OEM agreements with global-class partners such as HP, IBM, Microsoft, Oracle, Business Objects and Cognos. Listed on Nasdaq and with a worldwide headquarters in Boston, USA, Attunity serves its customers via offices in North America, Europe, Middle East, China and Australia, as well as through a network of local partners. “
ATTU has been the subject of a number of other reports. Needham & Company LLC began coverage on Attunity in a research report on Monday, December 11th. They set a buy rating and a $13.00 price objective for the company. ValuEngine cut Attunity from a hold rating to a sell rating in a research report on Monday, December 4th. Finally, William Blair began coverage on Attunity in a research report on Monday, December 18th. They set an outperform rating for the company. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $13.00.
Attunity stock opened at $7.21 on Tuesday. Attunity has a twelve month low of $6.25 and a twelve month high of $8.24.
Attunity (NASDAQ:ATTU) last posted its quarterly earnings data on Thursday, February 1st. The technology company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). Attunity had a negative return on equity of 14.54% and a negative net margin of 10.81%. The company had revenue of $18.28 million for the quarter, compared to analyst estimates of $17.84 million. equities analysts predict that Attunity will post -0.16 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Perkins Capital Management Inc. acquired a new stake in shares of Attunity in the 4th quarter valued at approximately $419,000. Deutsche Bank AG lifted its holdings in shares of Attunity by 100.4% in the 4th quarter. Deutsche Bank AG now owns 70,956 shares of the technology company’s stock valued at $495,000 after buying an additional 35,556 shares during the period. 1492 Capital Management LLC acquired a new stake in shares of Attunity in the 4th quarter valued at approximately $628,000. Renaissance Technologies LLC lifted its holdings in shares of Attunity by 24.5% in the 4th quarter. Renaissance Technologies LLC now owns 225,700 shares of the technology company’s stock valued at $1,575,000 after buying an additional 44,400 shares during the period. Finally, Penn Capital Management Co. Inc. acquired a new stake in shares of Attunity in the 4th quarter valued at approximately $1,811,000. 26.34% of the stock is owned by institutional investors and hedge funds.
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Attunity Company Profile
Attunity Ltd (Attunity) is a provider of Big Data management software solutions that enable access, management, sharing and distribution of data across heterogeneous enterprise platforms, organizations and the cloud. The Company’s software solutions include data replication and distribution (Attunity Replicate, change data capture (CDC) and Attunity Gold Client Solutions), test data management (Attunity Gold Client Solutions), data connectivity (Attunity Connect), enterprise file replication (AttunityRepliWeb), managed-file-transfer (Attunity MFT), data warehouse automation (Attunity Compose), data usage analytics (Attunity Visibility) and cloud data delivery (AttunityCloudBeam).
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