How Analysts Feel About Perficient, Inc. (NASDAQ:PRFT)?

January 14, 2018 - By Dolores Ford

 How Analysts Feel About Perficient, Inc. (NASDAQ:PRFT)?
Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.02, from 1.25 in 2017Q2. It is negative, as 9 investors sold Perficient, Inc. shares while 39 reduced holdings. 16 funds opened positions while 43 raised stakes. 27.29 million shares or 3.13% more from 26.46 million shares in 2017Q2 were reported.
Invest Counselors Of Maryland Ltd Co holds 1.01 million shares or 1.01% of its portfolio. Rhumbline Advisers reported 0% stake. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0% in Perficient, Inc. (NASDAQ:PRFT). Bancorporation Of New York Mellon has invested 0% of its portfolio in Perficient, Inc. (NASDAQ:PRFT). Metropolitan Life New York invested in 0% or 24,278 shares. Assetmark Inc holds 0% in Perficient, Inc. (NASDAQ:PRFT) or 3 shares. Goldman Sachs has 0% invested in Perficient, Inc. (NASDAQ:PRFT). Victory Cap holds 11,923 shares or 0% of its portfolio. The Massachusetts-based Geode Capital Limited Com has invested 0% in Perficient, Inc. (NASDAQ:PRFT). Envestnet Asset Mngmt stated it has 2,765 shares or 0% of all its holdings. Sei Invests stated it has 0% in Perficient, Inc. (NASDAQ:PRFT). American Int Gru holds 27,280 shares or 0% of its portfolio. The Massachusetts-based Martingale Asset Mgmt Lp has invested 0.06% in Perficient, Inc. (NASDAQ:PRFT). Numeric Investors Ltd Llc reported 0.01% stake. Dimensional Fund Advisors L P stated it has 0.02% in Perficient, Inc. (NASDAQ:PRFT).

Since August 9, 2017, it had 0 insider purchases, and 5 insider sales for $1.48 million activity. Derrickson Ralph C sold 7,900 shares worth $139,333. 20,000 Perficient, Inc. (NASDAQ:PRFT) shares with value of $387,334 were sold by MARTIN PAUL E.

Perficient, Inc. (NASDAQ:PRFT) Ratings Coverage

Among 4 analysts covering Perficient (NASDAQ:PRFT), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Perficient had 7 analyst reports since November 6, 2015 according to SRatingsIntel. The rating was initiated by Sidoti with “Buy” on Friday, June 24. Needham maintained Perficient, Inc. (NASDAQ:PRFT) rating on Wednesday, March 1. Needham has “Buy” rating and $21 target. Maxim Group maintained the stock with “Buy” rating in Monday, January 11 report. SunTrust maintained it with “Buy” rating and $22.0 target in Friday, November 3 report. The firm has “Buy” rating given on Friday, November 3 by Maxim Group. The rating was maintained by Maxim Group on Friday, November 6 with “Buy”. Below is a list of Perficient, Inc. (NASDAQ:PRFT) latest ratings and price target changes.

03/11/2017 Broker: SunTrust Rating: Buy New Target: $22.0 Maintain
03/11/2017 Broker: Maxim Group Rating: Buy Old Target: $20 New Target: $22 Maintain

The stock decreased 1.41% or $0.28 during the last trading session, reaching $19.62. About 64,587 shares traded. Perficient, Inc. (NASDAQ:PRFT) has declined 18.67% since January 14, 2017 and is downtrending. It has underperformed by 35.37% the S&P500.

Perficient, Inc. provides information technology and management consulting services in the United States. The company has market cap of $684.90 million. The firm designs, builds, and delivers solutions using middleware software products developed by third-party vendors. It has a 42.65 P/E ratio. The Company’s solutions include platform implementations services, including application server selection, architecture planning, installation and configuration, clustering for availability, performance assessment and issue remediation, security, and technology migrations; and portals and collaboration, such as searchable data systems, collaborative systems for process improvement, transaction processing, unified and extended reporting, and other services.

More important recent Perficient, Inc. (NASDAQ:PRFT) news were published by: Businesswire.com which released: “Perficient Digital Receives Creative International Awards for Outstanding …” on September 11, 2017, also Businesswire.com published article titled: “Perficient to Demonstrate IdeaCentral Salesforce Lightning Bolt Applications …”, Businesswire.com published: “Perficient Digital Receives Mobile WebAwards for Outstanding Solutions Serving …” on January 12, 2018. More interesting news about Perficient, Inc. (NASDAQ:PRFT) was released by: Businesswire.com and their article: “Perficient Acquires Clarity Consulting” with publication date: June 23, 2017.

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