Guess Who Picked Covisint Corp (NASDAQ:COVS) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Covisint Corp (NASDAQ:COVS)
reported that Dialectic Capital Management has picked up 270,000 of common stock as of 2017-04-03.
The acquisition brings the aggregate amount owned by Dialectic Capital Management to a total of 270,000 representing less than 1% stake in the company.
For those not familiar with the company, Covisint Corporation provides an open, enterprise class cloud platform (Platform) enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. The Company’s Auto Supply Portal is involved in the development and integration of three cloud-based technologies, such as identity management, data integration and exchange services, and portal services. The Company’s Platform is delivered through the cloud as a Platform as a Service (PaaS). The Company’s Platform supports production-critical applications, and offers security, scalability and reliability. The Platform’s various capabilities include Identity services, Messaging and orchestration services and Internet of Things (IoT) Services. Its customers include large, across the globe distributed organizations and mid-sized organizations with external business relationships, as well as the participants in their business relationships.
A glance at Covisint Corp (NASDAQ:COVS)’s key stats reveals a current market capitalization of 83.78 Million based on 40.87 Million shares outstanding and a price at last close of $2.00 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-02-12, Grabe picked up 300 at a purchase price of $1.75. This brings their total holding to 106,788 as of the date of the filing.
On the sell side, the most recent transaction saw Asam unload 6,613 shares at a sale price of $2.31. This brings their total holding to 84,348.
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 Covisint Corp (NASDAQ:COVS) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Picked Endurance International Group Hldgs Inc. (NASDAQ:EIGI) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Endurance International Group Hldgs Inc. (NASDAQ:EIGI) reported that Okumus Fund Management has picked up 8,054,238 of common stock as of 2017-03-30.
The acquisition brings the aggregate amount owned by Okumus Fund Management to a total of 8,054,238 representing a 5.7% stake in the company.
For those not familiar with the company, Endurance International Group Holdings, Inc. (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services. Its e-mail marketing segment consists of the products and services offered by Constant Contact, principally e-mail marketing, including event marketing, survey tools and SinglePlatform. The Company’s products focuses on Web hosting and other Web presence solutions, such as domains, and it also offers security, site backup, domains, search engine optimization (SEO) and search engine marketing (SEM), Google Adwords, mobile solutions, social media enablement, Website analytics, e-mail marketing and productivity and e-commerce tools, among others. It conducts operations in the United States, Brazil, India, and the Netherlands.
A glance at Endurance International Group Hldgs Inc. (NASDAQ:EIGI)’s key stats reveals a current market capitalization of 1.13 Billion based on 142.14 Million shares outstanding and a price at last close of $7.95 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-10-04, Reedy picked up 184,300 at a purchase price of $8.65. This brings their total holding to 52,562,956 as of the date of the filing.
On the sell side, the most recent transaction saw Surdan unload 952 shares at a sale price of $7.80. This brings their total holding to 208,922.
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 Endurance International Group Hldgs Inc. (NASDAQ:EIGI) 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.