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),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more


TRHC Stock Price is consolidated and ready for a run...
Here is Who Picked Incyte Corp (NASDAQ:INCY) Shares
OrbiMed Advisors Picked Viewray Inc. (NASDAQ:VRAY) S...

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.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.



Stay in the lopp :

Mullen Automotive MULN Stock Price exploded b...

MULN Stock Price is up over 50% with a volume increase of 27%. There has been some early signs of a possible retrace

Advaxis (ADXS) Stock is Under Press Amid Grow...
Will AgriFORCE Growing Systems Ltd (NASDAQ:AG...

AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) stock is flying with a price-volume breakout!!

It was hardly a

related post

Skip to content