Guess Who Picked Up Ellie Mae Inc. (OTCMKTS:ELLI) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ellie Mae Inc. (OTCMKTS:ELLI) reported that Sylebra Hk Co Ltd. has picked up 1,631,032 of common stock as of 2017-02-15.
The acquisition brings the aggregate amount owned by Sylebra Hk Co Ltd. to a total of 1,631,032 representing a 4.86% stake in the company.
For those not familiar with the company, Ellie Mae, Inc. (Ellie Mae) is a provider of on-demand software solutions and services for the residential mortgage industry in the United States. The Company’s Encompass all-in-one mortgage management solution provides one system of record that allows banks, credit unions, and mortgage lenders to originate and fund mortgages and improve compliance, loan quality, and efficiency. Its 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 that provides one system of record. It delivers Encompass software in an on-demand Software-as-a-Service (SaaS).
A glance at Ellie Mae Inc. (OTCMKTS:ELLI)’s key stats reveals a current market capitalization of 3.17 billion based on 33.69 million shares outstanding and a price at last close of $95.29 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-09-15, Spencer picked up 48 at a purchase price of $33.79. This brings their total holding to 1,005 as of the date of the filing.
On the sell side, the most recent transaction saw Corr unload 521 shares at a sale price of $88.61. This brings their total holding to 83,864.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Ellie Mae Inc. (OTCMKTS:ELLI) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Just Picked Up Cardtronics Inc. (NASDAQ:CATM) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Cardtronics Inc. (NASDAQ:CATM) reported that Westwood Holdings Group Inc. has picked up 503,767 of common stock as of 2017-02-15.
The acquisition brings the aggregate amount owned by Westwood Holdings Group Inc. to a total of 503,767 representing a 0.96% stake in the company.
For those not familiar with the company, Cardtronics plc, formerly Cardtronics, Inc., provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America, Europe segment, and Corporate & Other segment. The Company’s ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment. The Company’s ATM operations in the United Kingdom, Ireland, Germany, Poland, Spain and its ATM advertising business are included in its Europe segment. As of September 30, 2016, the Company provided services to over 200,000 ATMs across its portfolio, which included approximately 180,000 ATMs located in all 50 states of the United States; approximately 17,000 ATMs throughout the United Kingdom and Ireland; approximately 1,300 ATMs throughout Germany, Poland and Spain; approximately 3,700 ATMs throughout Canada, and approximately 1,300 ATMs throughout Mexico.
A glance at Cardtronics Inc. (NASDAQ:CATM)’s key stats reveals a current market capitalization of 2.02 billion based on 45.30 million shares outstanding and a price at last close of $44.60 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-05-14, Mccarthy picked up 7,800 at a purchase price of $31.84. This brings their total holding to 26,316 as of the date of the filing.
On the sell side, the most recent transaction saw Garcia unload 8,588 shares at a sale price of $38.37. This brings their total holding to 27,549.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Cardtronics Inc. (NASDAQ:CATM) as things move forward to see if its progress aligns with these transactions.
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How Canopy Growth Corp (TSE:WEED) Shares Reacted to Earnings
Canopy Growth Corp (TSE:WEED) shares were down 8.08% to $11.95 on Tuesday and flat in after-hours trading. Share prices have been trading in a 52-week range of $2.70 to $17.86. The company has a market cap of $1.99 billion at 159.13 million shares outstanding.
Formerly known as Tweed Marijuana Inc, Canopy Growth Corp is a diversified cannabis company. Through its subsidiaries Tweed Inc. (Tweed), Bedrocan Canada Inc. (Bedrocan) and Tweed Farms Inc. (Tweed Farms), is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan.
Tweed is a licensed producer of medical marijuana. Tweed’s commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed’s built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan’s over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.
Canopy Growth Corp recently printed its quarterly earnings figures and investors seem unimpressed. The company reported over 29,000 registered patients at December 31, 2016 compared to over 8,000 at December 31, 2015, representing a greater than 260% increase. It made revenue of $9.8 million, which amounts to a 15% increase over the second quarter in the fiscal year 2017 and 180% increase over the prior year period.
However, the company admitted that revenue growth was limited by the product mix available for sale, as supply was limited in the quarter due to rigorous procedures to fully test the record harvest and approve the extensive product released for sale subsequent to quarter end. Still, it was able to harvest a record 5,264 kilograms compared to 1,711 kilograms in the second quarter fiscal year 2017, which amounts to a 208% increase.
The third quarter provided new opportunities and challenges for our business, with demand largely exceeding supply throughout the quarter,” said Bruce Linton, Chairman & CEO of Canopy Growth Corp. “A function of our growing patient base, the time required to move from a record harvest to sale, and an extensive phenotyping exercise to establish breeding stock and further elevate our product offering all resulted in constrained product available for sale during the quarter. The successful late-quarter harvest of the Tweed Farms facility running at full capacity has begun to ease supply constraints while at the same time we have introduced a new diversity of product into our online store under the Tweed, Leafs By Snoop and DNA Genetics banners, driving strong sales this month.”
Other developments over the period included the acquisition of a 472,000 square foot and 42 acre property at 1 Hershey Drive, Smiths Falls, Ontario on January 13, 2017. This is on top of the acquisition of Mettrum Health Corp on January 31, 2017 and the change in the TSX trading symbol from CGC to WEED early this month.
We continued to push the boundaries of our business during the quarter through multiple strategic accomplishments that will help drive our future growth. We worked to strengthen our market position in Canada with our move to acquire Mettrum and the acquisition of Vert Cannabis to establish a unique brand presence in Quebec. We also established a base of operations in Germany, a strategic future market for Canopy, with the purchase of cannabis distributor, MedCann GMBH,” added Linton.
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