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

September 8, 2018 - By Catherine Diaz

CalAmp Corp. (NASDAQ:CAMP) LogoInvestors sentiment decreased to 1.08 in Q1 2018. Its down 0.16, from 1.24 in 2017Q4. It is negative, 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.
Aristotle Boston Limited Liability Corp accumulated 1.19 million shares. Cim Investment Mangement, Pennsylvania-based fund reported 34,953 shares. Invesco Limited reported 0% stake. 341,598 are owned by Parametric Portfolio Associates Ltd Com. Sector Pension Board owns 22,421 shares. Acadian Asset Mgmt Lc holds 0% or 22,774 shares. Pitcairn Co has 12,259 shares for 0.03% of their portfolio. Blackrock holds 4.75 million shares or 0.01% of its portfolio. Dimensional Fund Advisors Ltd Partnership owns 1.65M shares for 0.02% of their portfolio. Guggenheim Ltd Liability Com invested 0% in CalAmp Corp. (NASDAQ:CAMP). Millennium Limited Co holds 328,388 shares or 0.01% of its portfolio. 155,000 were accumulated by Federated Investors Pa. Sei Invests accumulated 0.02% or 244,490 shares. New York State Teachers Retirement Sys has 0% invested in CalAmp Corp. (NASDAQ:CAMP) for 16,243 shares. Eagle Boston Invest Management Incorporated has 1.26% invested in CalAmp Corp. (NASDAQ:CAMP).

Since April 2, 2018, it had 0 insider purchases, and 4 insider sales for $913,750 activity. The insider Sarkissian Garo Sarkis sold 5,000 shares worth $120,500.

CalAmp Corp. (NASDAQ:CAMP) Ratings Coverage

Among 3 analysts covering Calamp (NASDAQ:CAMP), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Calamp had 3 analyst reports since April 27, 2018 according to SRatingsIntel. Craig Hallum maintained the shares of CAMP in report on Friday, April 27 with “Hold” rating. The stock has “Buy” rating by Roth Capital on Friday, May 18. Canaccord Genuity maintained it with “Buy” rating and $2900 target in Thursday, April 26 report. 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

The stock increased 0.30% or $0.07 during the last trading session, reaching $23.04. About 246,420 shares traded. CalAmp Corp. (NASDAQ:CAMP) has risen 13.41% since September 8, 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 $812.88 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 30.24 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.

CalAmp Corp. (NASDAQ:CAMP) Institutional Positions Chart

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