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

January 14, 2018 - By Maria Brooks

 Analysts are on the Bearish side about Perficient, Inc. (NASDAQ:PRFT) this week.
Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.02, from 1.25 in 2017Q2. It turned 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.
Principal Financial stated it has 0.01% in Perficient, Inc. (NASDAQ:PRFT). Us Bancshares De, a Minnesota-based fund reported 1,783 shares. National Bank & Trust Of Mellon reported 0% of its portfolio in Perficient, Inc. (NASDAQ:PRFT). Gsa Capital Prns Llp owns 93,986 shares. Riverhead Mgmt Limited Liability Company holds 0% or 3,515 shares in its portfolio. Pinebridge Ltd Partnership reported 0.02% in Perficient, Inc. (NASDAQ:PRFT). Thompson Davis And Communication Inc has invested 0% in Perficient, Inc. (NASDAQ:PRFT). Royal Fincl Bank Of Canada owns 979,451 shares or 0.01% of their US portfolio. Tower Cap Ltd Company (Trc) has invested 0.01% in Perficient, Inc. (NASDAQ:PRFT). Kbc Grp Inc Inc Nv has invested 0% in Perficient, Inc. (NASDAQ:PRFT). Credit Suisse Ag owns 46,419 shares for 0% of their portfolio. D E Shaw And Com has 0% invested in Perficient, Inc. (NASDAQ:PRFT). Mutual Of America Mngmt Ltd Liability Corporation accumulated 280,211 shares. State Of Alaska Department Of Revenue owns 6,982 shares for 0.01% of their portfolio. Ativo Capital Management invested in 0.34% or 65,116 shares.

Since August 9, 2017, it had 0 buys, and 5 insider sales for $1.48 million activity. Another trade for 2,542 shares valued at $50,637 was sold by DAVIS JEFFREY S. 7,900 Perficient, Inc. (NASDAQ:PRFT) shares with value of $139,333 were sold by Derrickson Ralph C.

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 firm earned “Buy” rating on Monday, January 11 by Maxim Group. The rating was maintained by Maxim Group with “Buy” on Friday, November 3. SunTrust maintained the shares of PRFT in report on Friday, November 3 with “Buy” rating. The rating was initiated by Sidoti with “Buy” on Friday, June 24. The company was maintained on Wednesday, March 1 by Needham. The stock of Perficient, Inc. (NASDAQ:PRFT) has “Buy” rating given on Friday, November 6 by Maxim Group. 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 to Demonstrate IdeaCentral Salesforce Lightning Bolt Applications …” on November 01, 2017, also Businesswire.com published article titled: “Perficient Digital Receives Creative International Awards for Outstanding …”, 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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