Analysts are on the Bearish side about Perficient, Inc. (NASDAQ:PRFT) this week.

March 3, 2018 - By Adrian Erickson

 Analysts are on the Bearish side about Perficient, Inc. (NASDAQ:PRFT) this week.
Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.02, from 1.25 in 2017Q2. It dropped, 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.
Mason Street Ltd Co invested in 8,894 shares or 0% of the stock. State Of Tennessee Treasury Department has invested 0% in Perficient, Inc. (NASDAQ:PRFT). Moreover, California State Teachers Retirement System has 0% invested in Perficient, Inc. (NASDAQ:PRFT). Rice Hall James Assoc Ltd Com holds 152,427 shares or 0.13% of its portfolio. M Hldgs Secs owns 10,000 shares or 0.06% of their US portfolio. Parkside Bankshares Trust owns 17 shares or 0% of their US portfolio. 292,828 were accumulated by Ameriprise. Gemmer Asset Lc holds 89 shares or 0% of its portfolio. Wells Fargo And Mn reported 66,231 shares stake. Vanguard Group reported 1.97M shares stake. Citigroup invested in 0% or 37,666 shares. Sei Invs owns 8,873 shares or 0% of their US portfolio. Gsa Capital Limited Liability Partnership owns 93,986 shares or 0.13% of their US portfolio. 265,963 are owned by Principal Gp. Federated Pa owns 949 shares or 0% of their US portfolio.

Since September 27, 2017, it had 0 insider buys, and 4 insider sales for $1.34 million activity. 6,082 shares valued at $122,869 were sold by MARTIN PAUL E on Wednesday, October 11.

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 9 analyst reports since November 6, 2015 according to SRatingsIntel. Needham maintained Perficient, Inc. (NASDAQ:PRFT) on Thursday, March 1 with “Buy” rating. Maxim Group maintained it with “Buy” rating and $22 target in Friday, November 6 report. Maxim Group maintained it with “Buy” rating and $23 target in Monday, January 11 report. On Friday, June 24 the stock rating was initiated by Sidoti with “Buy”. The firm earned “Buy” rating on Thursday, March 1 by Maxim Group. The company was maintained on Friday, November 3 by SunTrust. The rating was maintained by Maxim Group with “Buy” on Friday, November 3. The rating was maintained by Needham with “Buy” on Wednesday, March 1. Below is a list of Perficient, Inc. (NASDAQ:PRFT) latest ratings and price target changes.

01/03/2018 Broker: Needham Rating: Buy New Target: $25.0 Maintain
01/03/2018 Broker: Maxim Group Rating: Buy New Target: $26.0 Maintain
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 increased 7.89% or $1.61 during the last trading session, reaching $22.02. About 699,223 shares traded or 245.54% up from the average. Perficient, Inc. (NASDAQ:PRFT) has declined 18.67% since March 3, 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 $768.68 million. The firm designs, builds, and delivers solutions using middleware software products developed by third-party vendors. It has a 47.87 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: Nasdaq.com which released: “New Research: Key Drivers of Growth for New Media Investment Group, Perficient …” on March 02, 2018, also Businesswire.com published article titled: “Perficient and BJC HealthCare Launch Enterprise Data Warehouse on the Cloud”, Businesswire.com published: “Perficient to Showcase Healthcare Data Integration and Analytics Solutions at …” on March 02, 2018. More interesting news about Perficient, Inc. (NASDAQ:PRFT) was released by: Businesswire.com and their article: “Perficient Reports Fourth Quarter and Full Year 2017 Results” with publication date: March 01, 2018.

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