Is Mam Software Group Incorporated (NASDAQ:MAMS) a Buy? The Stock Reported Less Sellers

February 15, 2018 - By Winifred Garcia

 Is Mam Software Group Incorporated (NASDAQ:MAMS) a Buy? The Stock Reported Less Sellers

Investors sentiment decreased to 2 in Q3 2017. Its down 2.00, from 4 in 2017Q2. It is negative, as 0 investors sold MAM Software Group, Inc. shares while 1 reduced holdings. 0 funds opened positions while 2 raised stakes. 3.82 million shares or 50.00% less from 7.63 million shares in 2017Q2 were reported.
4,116 are held by Blackrock. Wynnefield Incorporated owns 3.28M shares or 8.56% of their US portfolio. Minerva Advsr Ltd Liability invested in 0.04% or 10,330 shares. Panagora Asset Management invested in 0% or 2,785 shares. Cove Street Capital Limited Liability Com reported 519,200 shares or 0.42% of all its holdings. Royal Fincl Bank Of Canada owns 507 shares or 0% of their US portfolio.

Since December 18, 2017, it had 0 insider purchases, and 1 insider sale for $915,000 activity.

The stock of Mam Software Group Incorporated (NASDAQ:MAMS) registered a decrease of 75.45% in short interest. MAMS’s total short interest was 4,100 shares in February as published by FINRA. Its down 75.45% from 16,700 shares, reported previously. With 7,500 shares average volume, it will take short sellers 1 days to cover their MAMS’s short positions. The short interest to Mam Software Group Incorporated’s float is 0.11%.

The stock decreased 0.66% or $0.05 during the last trading session, reaching $7.5. About 63 shares traded. MAM Software Group, Inc. (NASDAQ:MAMS) has risen 12.68% since February 15, 2017 and is uptrending. It has underperformed by 4.02% the S&P500.

MAM Software Group, Inc., through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. The company has market cap of $94.33 million. It provides business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits; e-commerce and online services and products that connect manufacturers, warehouse distributors, retailers, and automotive service providers through the Internet; and customer support and consulting services comprising phone and online support, and implementation and training services. It has a 21.31 P/E ratio. The companyÂ’s business management solutions include Autopart for warehouse distributors that seek to manage various locations and inventories on a single system, as well as parts store chains that seek to manage multiple locations and inventories on a single system for a regional area; and VAST, a product for large-to medium-sized automotive service and tire chains.

MAM Software Group, Inc. (NASDAQ:MAMS) Ratings Coverage

Among 2 analysts covering Mam Software Group (NASDAQ:MAMS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Mam Software Group had 4 analyst reports since November 12, 2015 according to SRatingsIntel. B. Riley & Co maintained it with “Neutral” rating and $8.5 target in Monday, February 12 report. The stock of MAM Software Group, Inc. (NASDAQ:MAMS) earned “Neutral” rating by B. Riley & Co on Thursday, November 12. On Monday, October 2 the stock rating was maintained by B. Riley & Co with “Neutral”.

More notable recent MAM Software Group, Inc. (NASDAQ:MAMS) news were published by: Prnewswire.com which released: “MAM Software Reports Fiscal Second Quarter Results” on February 08, 2018, also Prnewswire.com with their article: “MAM launches new online booking, website and internet marketing solutions for …” published on March 04, 2015, Prnewswire.com published: “MAM Software Reports Fiscal Fourth Quarter and Full Year Results” on September 28, 2017. More interesting news about MAM Software Group, Inc. (NASDAQ:MAMS) were released by: Seekingalpha.com and their article: “MAM Software Group’s (MAMS) CEO Mike Jamieson on Q1 2018 Results – Earnings …” published on November 15, 2017 as well as Seekingalpha.com‘s news article titled: “MAM Software Group’s (MAMS) CEO, Mike Jamieson on Q2 2018 Results – Earnings …” with publication date: February 09, 2018.

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.