Ellie Mae INC (ELLI) Holding Has Boosted by Sylebra Hk Company Ltd

August 9, 2018 - By Mark Babin

Ellie Mae, Inc. (NYSE:ELLI) LogoInvestors sentiment decreased to 0.85 in Q1 2018. Its down 0.14, from 0.99 in 2017Q4. It dropped, as 23 investors sold ELLI shares while 66 reduced holdings. 25 funds opened positions while 51 raised stakes. 37.21 million shares or 1.96% less from 37.95 million shares in 2017Q4 were reported. Artisan Prtnrs Ltd Partnership has 0.08% invested in Ellie Mae, Inc. (NYSE:ELLI) for 427,770 shares. Eventide Asset Mngmt Ltd Liability has 242,000 shares. Glob X Mngmt Com Ltd Liability Com reported 39,472 shares. Svcs Automobile Association reported 5,282 shares. First Tru LP owns 9,541 shares. Whale Rock Capital Mgmt Llc invested in 2.2% or 703,535 shares. 33,000 are held by State Of Wisconsin Invest Board. Harris Associates Lp holds 0% or 31,675 shares. Waddell And Reed Fincl accumulated 0.09% or 446,870 shares. Citigroup Inc has invested 0% in Ellie Mae, Inc. (NYSE:ELLI). Yorktown Mngmt And Research Inc holds 0.1% or 3,500 shares. Capital reported 3,815 shares. Rhumbline Advisers owns 34,558 shares or 0.01% of their US portfolio. Amundi Pioneer Asset Mngmt Incorporated holds 0.03% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI) for 230,130 shares. Baillie Gifford And Communications owns 967,537 shares.

Since February 15, 2018, it had 0 insider purchases, and 49 sales for $12.11 million activity. 1,325 shares were sold by BLASING KAREN, worth $135,574 on Friday, May 18. Corr Jonathan also sold $1.00M worth of Ellie Mae, Inc. (NYSE:ELLI) on Thursday, February 15. $306,859 worth of Ellie Mae, Inc. (NYSE:ELLI) was sold by TYRRELL JOSEPH P.. 757 shares were sold by LEVIN ROBERT J, worth $77,456. 15,000 shares were sold by Anderman Sigmund, worth $1.55 million on Monday, July 16. BUCCELLATO CARL also sold $193,692 worth of Ellie Mae, Inc. (NYSE:ELLI) shares.

Sylebra Hk Company Ltd increased its stake in Ellie Mae Inc (ELLI) by 10.02% based on its latest 2018Q1 regulatory filing with the SEC. Sylebra Hk Company Ltd bought 102,013 shares as the company’s stock rose 12.46% while stock markets declined. The institutional investor held 1.12 million shares of the technology company at the end of 2018Q1, valued at $102.98 million, up from 1.02 million at the end of the previous reported quarter. Sylebra Hk Company Ltd who had been investing in Ellie Mae Inc for a number of months, seems to be bullish on the $3.68 billion market cap company. The stock increased 0.81% or $0.85 during the last trading session, reaching $106.26. About 121,354 shares traded. Ellie Mae, Inc. (NYSE:ELLI) has declined 4.44% since August 9, 2017 and is downtrending. It has underperformed by 17.01% the S&P500.

Sylebra Hk Company Ltd, which manages about $1.22 billion US Long portfolio, decreased its stake in Criteo S A (NASDAQ:CRTO) by 252,776 shares to 877,593 shares, valued at $22.68 million in 2018Q1, according to the filing. It also reduced its holding in Phoenix New Media Ltd (NYSE:FENG) by 752,100 shares in the quarter, leaving it with 945,033 shares, and cut its stake in Shake Shack Inc.

More news for Ellie Mae, Inc. (NYSE:ELLI) were recently published by: Businesswire.com, which released: “Ellie Mae to Report Second Quarter 2018 Results on July 26, 2018” on July 13, 2018. Benzinga.com‘s article titled: “A Preview Of Ellie Mae’s Earnings” and published on July 26, 2018 is yet another important article.

Ellie Mae, Inc. (NYSE:ELLI) Ratings Coverage

Among 9 analysts covering Ellie Mae (NYSE:ELLI), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Ellie Mae had 9 analyst reports since April 12, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Friday, July 27 with “Equal-Weight”. The rating was downgraded by JP Morgan to “Neutral” on Thursday, June 21. The stock has “Sell” rating by Compass Point on Friday, April 27. The firm has “Overweight” rating given on Friday, July 27 by KeyBanc Capital Markets. The rating was downgraded by J.P. Morgan to “Hold” on Thursday, June 21. Wedbush downgraded Ellie Mae, Inc. (NYSE:ELLI) on Thursday, April 12 to “Underperform” rating. As per Friday, April 20, the company rating was upgraded by Zelman. The firm has “Market Outperform” rating given on Friday, July 27 by JMP Securities. Bank of America downgraded Ellie Mae, Inc. (NYSE:ELLI) on Monday, April 16 to “Neutral” rating.

Ellie Mae, Inc. (NYSE:ELLI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.