Qumu Corp (NASDAQ:QUMU) Institutional Investor Positioning

January 9, 2018 - By Ellis Scott

 Qumu Corp (NASDAQ:QUMU) Institutional Investor Positioning

Sentiment for Qumu Corp (NASDAQ:QUMU)

Qumu Corp (NASDAQ:QUMU) institutional sentiment increased to 0.89 in 2017 Q3. Its up 0.39, from 0.5 in 2017Q2. The ratio has increased, as 8 funds increased and opened new equity positions, while 9 sold and reduced their holdings in Qumu Corp. The funds in our partner’s database now have: 2.21 million shares, down from 2.29 million shares in 2017Q2. Also, the number of funds holding Qumu Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 5 Increased: 5 New Position: 3.

Qumu Corporation engages in enterprise video content management software business. The company has market cap of $22.35 million. The companyÂ’s software applications enable businesses to create, manage, secure, deliver, and measure the success of their videos. It currently has negative earnings. It offers enterprise video content management software products through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.

The stock decreased 0.42% or $0.01 during the last trading session, reaching $2.38. About 703 shares traded. Qumu Corporation (NASDAQ:QUMU) has declined 23.14% since January 9, 2017 and is downtrending. It has underperformed by 39.84% the S&P500.

Analysts await Qumu Corporation (NASDAQ:QUMU) to report earnings on February, 27. They expect $-0.15 earnings per share, down 275.00 % or $0.11 from last year’s $-0.04 per share. After $-0.23 actual earnings per share reported by Qumu Corporation for the previous quarter, Wall Street now forecasts -34.78 % EPS growth.

Perkins Capital Management Inc holds 0.74% of its portfolio in Qumu Corporation for 235,800 shares. Teton Advisors Inc. owns 190,389 shares or 0.05% of their US portfolio. Moreover, Buckingham Asset Management Llc has 0.02% invested in the company for 32,085 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 49,736 shares.#img1#

Qumu Corporation (NASDAQ:QUMU) Ratings Coverage

Ratings analysis reveals 67% of Qumu Corporation’s analysts are positive. Out of 3 Wall Street analysts rating Qumu Corporation, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $4.75 while the high is $8. The stock’s average target of $7.19 is 202.10% above today’s ($2.38) share price. QUMU was included in 5 notes of analysts from August 7, 2015. As per Monday, October 19, the company rating was downgraded by Ladenburg Thalmann. The firm earned “Hold” rating on Thursday, August 27 by Zacks. The firm earned “Buy” rating on Friday, August 28 by Lake Street.

More important recent Qumu Corporation (NASDAQ:QUMU) news were published by: Businesswire.com which released: “Qumu Announces Departure of Chief Financial Officer” on October 24, 2017, also Businesswire.com published article titled: “Qumu Announces Third Quarter 2017 Results”, Seekingalpha.com published: “Qumu’s (QUMU) CEO Vern Hanzlik on Q1 2017 Results – Earnings Call Transcript” on May 06, 2017. More interesting news about Qumu Corporation (NASDAQ:QUMU) was released by: Businesswire.com and their article: “Qumu Posts Positive Quarter for New Customer Wins” with publication date: November 09, 2017.

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