Analysts are on the Bearish side about CalAmp Corp. (NASDAQ:CAMP) this week.

July 27, 2018 - By Jack Shaw

CalAmp Corp. (NASDAQ:CAMP) LogoInvestors sentiment decreased to 1.08 in Q1 2018. Its down 0.16, from 1.24 in 2017Q4. It fall, as 18 investors sold CalAmp Corp. shares while 43 reduced holdings. 23 funds opened positions while 43 raised stakes. 25.72 million shares or 6.16% more from 24.23 million shares in 2017Q4 were reported.
Cim Investment Mangement holds 0.27% or 34,953 shares in its portfolio. Intl Gp holds 0% of its portfolio in CalAmp Corp. (NASDAQ:CAMP) for 22,115 shares. Tributary Cap Mngmt Llc has invested 1.59% of its portfolio in CalAmp Corp. (NASDAQ:CAMP). Stifel holds 0% or 10,805 shares in its portfolio. Moreover, Vanguard Gru has 0% invested in CalAmp Corp. (NASDAQ:CAMP) for 2.03M shares. Moreover, Parkside Bank & Trust And Trust has 0% invested in CalAmp Corp. (NASDAQ:CAMP) for 28 shares. Geode Mngmt Ltd holds 0% of its portfolio in CalAmp Corp. (NASDAQ:CAMP) for 315,018 shares. The Pennsylvania-based Pnc Service Gru has invested 0% in CalAmp Corp. (NASDAQ:CAMP). Moreover, Aperio Grp Limited Co has 0% invested in CalAmp Corp. (NASDAQ:CAMP) for 11,428 shares. Vertex One Asset Mgmt invested in 0.75% or 183,556 shares. Metropolitan Life Co New York holds 11,925 shares or 0% of its portfolio. Citadel Ltd Liability reported 0% of its portfolio in CalAmp Corp. (NASDAQ:CAMP). Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in CalAmp Corp. (NASDAQ:CAMP). Price T Rowe Assoc Md has 23,457 shares. The Illinois-based Guggenheim Capital Ltd has invested 0% in CalAmp Corp. (NASDAQ:CAMP).

Since February 1, 2018, it had 0 insider purchases, and 6 sales for $1.30 million activity. Sarkissian Garo Sarkis sold $120,500 worth of stock.

CalAmp Corp. (NASDAQ:CAMP) Ratings Coverage

Among 4 analysts covering Calamp (NASDAQ:CAMP), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Calamp has $29.0 highest and $2300 lowest target. $27.25’s average target is 17.91% above currents $23.11 stock price. Calamp had 7 analyst reports since February 2, 2018 according to SRatingsIntel. As per Friday, April 27, the company rating was maintained by Craig Hallum. The rating was upgraded by First Analysis on Thursday, February 15 to “Buy”. On Sunday, March 4 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity maintained it with “Buy” rating and $2900 target in Thursday, April 26 report. The stock of CalAmp Corp. (NASDAQ:CAMP) earned “Buy” rating by Roth Capital on Friday, May 18. The firm has “Buy” rating given on Friday, February 2 by Roth Capital. The stock has “Hold” rating by Craig Hallum on Thursday, March 8. Below is a list of CalAmp Corp. (NASDAQ:CAMP) latest ratings and price target changes.

18/05/2018 Broker: Roth Capital Rating: Buy New Target: $28.0000 Maintain
26/04/2018 Broker: Canaccord Genuity Rating: Buy New Target: $29.0000 Maintain
27/04/2018 Broker: Craig Hallum Rating: Hold New Target: $23.0000 Maintain
08/03/2018 Broker: Craig Hallum Old Rating: Buy New Rating: Hold Downgrade
04/03/2018 Broker: Canaccord Genuity Rating: Buy New Target: $29.0 Maintain
15/02/2018 Broker: First Analysis Rating: Buy New Target: $29.0 Upgrade
02/02/2018 Broker: Roth Capital Rating: Buy New Target: $28.0 Initiate

The stock increased 0.13% or $0.03 during the last trading session, reaching $23.11. About 303,259 shares traded. CalAmp Corp. (NASDAQ:CAMP) has risen 13.41% since July 27, 2017 and is uptrending. It has outperformed by 0.84% the S&P500.

CalAmp Corp. provides Internet of Things enablement solutions for various mobile and fixed applications worldwide. The company has market cap of $815.35 million. The firm provides solutions for mobile resource management and applications for the IoT market, which enable clients in the transportation, government, construction, automotive, and energy markets to optimize their activities by collecting, monitoring, and reporting business-critical data and desired intelligence from remote and mobile assets. It has a 30.33 P/E ratio. It also offers a portfolio of wireless communications products, such as asset tracking devices, mobile telemetry units, fixed and mobile wireless gateways, and multi-mode wireless routers; and cloud telematics software-as-a-service and platform-as-a-service applications.

More recent CalAmp Corp. (NASDAQ:CAMP) news were published by: Seekingalpha.com which released: “CalAmp prices $200M private offering of 2.00% convertible senior notes due 2025” on July 18, 2018. Also Streetinsider.com published the news titled: “Calamp Corp. (CAMP) Proposed Private Offering of $200 Million of Convertible Senior Notes and Upsizing Of Stock …” on July 16, 2018. Seekingalpha.com‘s news article titled: “CalAmp: Warming Up To The Idea” with publication date: June 28, 2018 was also an interesting one.

CalAmp Corp. (NASDAQ:CAMP) Institutional Positions Chart

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