Are Analysts Bullish about Meet Group Inc (NASDAQ:MEET) after last week?

June 20, 2017 - By Migdalia James

 Are Analysts Bullish about Meet Group Inc (NASDAQ:MEET) after last week?
Investors sentiment decreased to 1.09 in Q4 2016. Its down 0.28, from 1.37 in 2016Q3. It is negative, as 22 investors sold Meet Group Inc shares while 31 reduced holdings. 20 funds opened positions while 38 raised stakes. 25.99 million shares or 6.68% less from 27.84 million shares in 2016Q3 were reported.
29,091 were reported by Credit Suisse Ag. Citadel Limited Liability Corporation holds 0% or 61,237 shares. Guggenheim Limited Liability Company owns 16,427 shares for 0% of their portfolio. National Bank & Trust Of America De holds 0% of its portfolio in Meet Group Inc (NASDAQ:MEET) for 27,140 shares. Marshall Wace Ltd Liability Partnership has invested 0.01% in Meet Group Inc (NASDAQ:MEET). Moreover, Royal Bank & Trust Of Canada has 0% invested in Meet Group Inc (NASDAQ:MEET) for 1,329 shares. Barclays Public Ltd Company has 0% invested in Meet Group Inc (NASDAQ:MEET) for 213,231 shares. Clarivest Asset Ltd Liability Corp holds 581,778 shares. Landscape Mngmt Lc reported 0.05% in Meet Group Inc (NASDAQ:MEET). Harvest Cap Strategies Ltd Liability Corporation has 2.45% invested in Meet Group Inc (NASDAQ:MEET). Airain stated it has 11,611 shares. Rice Hall James And Assoc Ltd Limited Liability Company holds 50,359 shares or 0.01% of its portfolio. Nationwide Fund holds 0% or 40,143 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Meet Group Inc (NASDAQ:MEET) for 2,168 shares. Creative Planning has 31,499 shares for 0% of their portfolio.

Since January 18, 2017, it had 0 insider buys, and 1 sale for $1.25 million activity. Cook Geoffrey sold $1.25 million worth of stock.

Meet Group Inc (NASDAQ:MEET) Ratings Coverage

Among 7 analysts covering MeetMe Inc (NASDAQ:MEET), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MeetMe Inc had 10 analyst reports since October 28, 2015 according to SRatingsIntel. Roth Capital maintained the shares of MEET in report on Tuesday, May 30 with “Buy” rating. As per Wednesday, October 28, the company rating was initiated by Roth Capital. Loop Capital initiated the shares of MEET in report on Friday, August 26 with “Buy” rating. TH Capital maintained Meet Group Inc (NASDAQ:MEET) on Wednesday, January 6 with “Buy” rating. Northland Capital maintained Meet Group Inc (NASDAQ:MEET) on Friday, December 11 with “Outperform” rating. Topeka Capital Markets initiated it with “Buy” rating and $6.0 target in Tuesday, January 26 report. The firm has “Buy” rating given on Wednesday, October 28 by TH Capital. Below is a list of Meet Group Inc (NASDAQ:MEET) latest ratings and price target changes.

30/05/2017 Broker: Roth Capital Rating: Buy New Target: $9.2500 Maintain
20/03/2017 Broker: Canaccord Genuity Rating: Buy New Target: $10.00 Initiates Coverage On

The stock increased 0.43% or $0.02 during the last trading session, reaching $4.68. About shares traded. Meet Group Inc (NASDAQ:MEET) has risen 40.79% since June 20, 2016 and is uptrending. It has outperformed by 24.09% the S&P500.

The Meet Group, Inc., formerly MeetMe, Inc., offers a portfolio of mobile applications. The company has market cap of $333.20 million. The Firm operates location social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other. It has a 5.97 P/E ratio. The Firm offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations.

Another recent and important Meet Group Inc (NASDAQ:MEET) news was published by Businesswire.com which published an article titled: “Annual B. Riley Investor Conference on May 25, 2017” on May 23, 2017.

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