Swiss National Bank grew its holdings in Ellie Mae Inc (NYSE:ELLI) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,600 shares of the software maker’s stock after acquiring an additional 2,300 shares during the quarter. Swiss National Bank’s holdings in Ellie Mae were worth $5,239,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Teacher Retirement System of Texas lifted its position in Ellie Mae by 317.1% in the fourth quarter. Teacher Retirement System of Texas now owns 11,676 shares of the software maker’s stock worth $1,044,000 after purchasing an additional 8,877 shares during the period. Public Employees Retirement Association of Colorado bought a new position in Ellie Mae in the fourth quarter worth $300,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Ellie Mae by 45.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,941 shares of the software maker’s stock worth $174,000 after purchasing an additional 602 shares during the period. Sumitomo Mitsui Asset Management Company LTD lifted its position in Ellie Mae by 4.1% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 62,229 shares of the software maker’s stock worth $5,563,000 after purchasing an additional 2,470 shares during the period. Finally, Hermes Investment Management Ltd. lifted its position in Ellie Mae by 8.0% in the fourth quarter. Hermes Investment Management Ltd. now owns 186,905 shares of the software maker’s stock worth $16,709,000 after purchasing an additional 13,838 shares during the period.
In other Ellie Mae news, CEO Jonathan Corr sold 2,212 shares of Ellie Mae stock in a transaction on Monday, December 11th. The stock was sold at an average price of $88.95, for a total transaction of $196,757.40. Following the completion of the transaction, the chief executive officer now directly owns 114,633 shares of the company’s stock, valued at $10,196,605.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sigmund Anderman sold 18,726 shares of Ellie Mae stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $88.80, for a total value of $1,662,868.80. Following the transaction, the insider now directly owns 81,087 shares of the company’s stock, valued at $7,200,525.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 78,857 shares of company stock valued at $7,177,711. Company insiders own 3.39% of the company’s stock.
Ellie Mae Inc (ELLI) opened at $88.67 on Thursday. The stock has a market capitalization of $3,096.24, a price-to-earnings ratio of 59.91, a price-to-earnings-growth ratio of 7.69 and a beta of 0.57. Ellie Mae Inc has a twelve month low of $79.71 and a twelve month high of $114.95.
Ellie Mae (NYSE:ELLI) last issued its quarterly earnings data on Thursday, February 8th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. The company had revenue of $112.89 million during the quarter, compared to analysts’ expectations of $108.27 million. Ellie Mae had a return on equity of 5.43% and a net margin of 12.67%. The business’s revenue was up 17.3% on a year-over-year basis. During the same period last year, the business earned $0.46 earnings per share. equities analysts anticipate that Ellie Mae Inc will post 0.78 EPS for the current fiscal year.
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Ellie Mae Profile
Ellie Mae, Inc is a provider of on-demand software solutions and services for the residential mortgage industry in the United States. Banks, credit unions, mortgage lenders and mortgage brokers use the Company’s Encompass mortgage management solution to originate and fund mortgages. The Company’s Encompass software is an enterprise solution that handles functions involved in running the business of originating mortgages, including customer relationship management; loan processing; underwriting; preparation of application, disclosure and closing documents; funding and closing the loan for the borrower; compliance with regulatory and investor requirements, and overall enterprise management.
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