Riverbridge Partners Has Increased Ellie Mae (ELLI) Stake By $567,749; ASCENDANT RES ORDINARY SHARES (ASDRF) Shorts Increased By 20%

June 13, 2018 - By Shannon Black

Ellie Mae, Inc. (NYSE:ELLI) Logo

ASCENDANT RES INC ORDINARY SHARES (OTCMKTS:ASDRF) had an increase of 20% in short interest. ASDRF’s SI was 1,800 shares in June as released by FINRA. Its up 20% from 1,500 shares previously. With 20,600 avg volume, 0 days are for ASCENDANT RES INC ORDINARY SHARES (OTCMKTS:ASDRF)’s short sellers to cover ASDRF’s short positions. The stock increased 4.87% or $0.038 during the last trading session, reaching $0.824. About shares traded. Ascendant Resources Inc. (OTCMKTS:ASDRF) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Riverbridge Partners Llc increased Ellie Mae Inc. (ELLI) stake by 0.98% reported in 2018Q1 SEC filing. Riverbridge Partners Llc acquired 6,239 shares as Ellie Mae Inc. (ELLI)’s stock rose 12.46%. The Riverbridge Partners Llc holds 645,956 shares with $59.39 million value, up from 639,717 last quarter. Ellie Mae Inc. now has $3.82B valuation. The stock increased 3.42% or $3.68 during the last trading session, reaching $111.23. About 614,457 shares traded or 13.39% up from the average. Ellie Mae, Inc. (NYSE:ELLI) has declined 4.44% since June 13, 2017 and is downtrending. It has underperformed by 17.01% the S&P500. Some Historical ELLI News: ; 16/04/2018 – Ellie Hirschhorn Joins Travelzoo as General Manager, U.S; 09/04/2018 – ThunderBaySource: Adopt Me: Ellie loves to snuggle; 10/04/2018 – FirstClose Announces Enhanced Integration with Ellie Mae’s Encompass Digital Mortgage Solution; 19/04/2018 – Cathleen Schreiner Gates Named One of ‘20 Women Leaders in Business’ by the Sales Lead Management Association; 02/05/2018 – Wells Capital Management Inc. Exits Position in Ellie Mae; 26/04/2018 – ELLIE MAE INC ELLI.N SEES FY 2018 REVENUE $495 MLN TO $505 MLN; 02/05/2018 – March Ellie Mae Millennial Tracker™ Shows Millennials Closing Times Shrink to Fastest Mark; 18/04/2018 – March Origination Insight Report From Ellie Mae Shows Uptick in Home Purchase Percentage as Interest Rates Rise to Four-Year; 19/03/2018 – Ellie Mae and Pacific Union Financial, LLC Streamline Mortgage Technology Workflows; 03/04/2018 – Ellie Mae Named to HousingWire’s HW Tech100 for Fifth Consecutive Year

Riverbridge Partners Llc decreased Ihs Markit Ltd. stake by 12,779 shares to 1.59 million valued at $76.55 million in 2018Q1. It also reduced Amazon.Com Inc. (NASDAQ:AMZN) stake by 558 shares and now owns 46,030 shares. Unitedhealth Group Inc. (NYSE:UNH) was reduced too.

Since January 2, 2018, it had 0 insider purchases, and 47 sales for $13.53 million activity. HIRSCH PETER sold $206,387 worth of stock or 2,256 shares. BUCCELLATO CARL had sold 5,666 shares worth $516,539. BROWN BRIAN E. had sold 2,081 shares worth $186,186 on Thursday, February 15. 1,893 shares were sold by Davis Craig, worth $193,692. 163 shares were sold by LaVay Matthew, worth $15,697 on Monday, March 19. $127,320 worth of Ellie Mae, Inc. (NYSE:ELLI) was sold by Anderman Sigmund. TYRRELL JOSEPH P. sold $101,085 worth of stock or 996 shares.

More important recent Ellie Mae, Inc. (NYSE:ELLI) news were published by: Businesswire.com which released: “Ellie Mae Announces Departure of Chief Financial Officer” on May 31, 2018, also Globenewswire.com published article titled: “New Research Coverage Highlights Ellie Mae, Micron Technology, Applied Optoelectronics, Acadia Realty Trust …”, Businesswire.com published: “Ellie Mae’s Brian Brown and Vikas Rao Named HousingWire Rising Stars” on June 04, 2018. More interesting news about Ellie Mae, Inc. (NYSE:ELLI) was released by: Businesswire.com and their article: “Ellie Mae’s Encompass Data Connect Now Available for All Lenders” with publication date: May 21, 2018.

Among 19 analysts covering Elli Mae (NYSE:ELLI), 11 have Buy rating, 2 Sell and 6 Hold. Therefore 58% are positive. Elli Mae has $130 highest and $16 lowest target. $102.56’s average target is -7.79% below currents $111.23 stock price. Elli Mae had 58 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, August 14, the company rating was maintained by Needham. The company was maintained on Thursday, July 27 by RBC Capital Markets. The stock of Ellie Mae, Inc. (NYSE:ELLI) earned “Hold” rating by RBC Capital Markets on Sunday, October 8. JP Morgan initiated Ellie Mae, Inc. (NYSE:ELLI) rating on Friday, September 9. JP Morgan has “Overweight” rating and $118 target. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, January 31. Compass Point maintained it with “Sell” rating and $6000 target in Friday, April 27 report. The stock has “Overweight” rating by Pacific Crest on Tuesday, September 6. RBC Capital Markets maintained Ellie Mae, Inc. (NYSE:ELLI) on Friday, April 29 with “Outperform” rating. The rating was maintained by Oppenheimer on Tuesday, July 25 with “Buy”. Stephens maintained Ellie Mae, Inc. (NYSE:ELLI) rating on Friday, February 9. Stephens has “Hold” rating and $92.0 target.

Investors 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. Moreover, Jericho Cap Asset Mngmt Ltd Partnership has 3.65% invested in Ellie Mae, Inc. (NYSE:ELLI) for 725,338 shares. Brown Management Lc has invested 2.95% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI). Artisan Prtn Partnership has invested 0.08% in Ellie Mae, Inc. (NYSE:ELLI). Proshare Advisors Limited Liability Co reported 5,932 shares or 0% of all its holdings. Kayne Anderson Rudnick Invest Ltd reported 0.48% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI). Atria Ltd Liability has invested 0.02% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI). Merriman Wealth Mgmt Ltd Liability Com has invested 1.95% in Ellie Mae, Inc. (NYSE:ELLI). Rgm Capital Ltd Llc holds 12,504 shares. Huntington Bancshares accumulated 592 shares. Df Dent And, Maryland-based fund reported 49,254 shares. Tradewinds Capital Management Ltd Liability Corporation, a Washington-based fund reported 82 shares. Hermes Inv Mngmt stated it has 185,897 shares. Brown Advisory holds 0% or 5,430 shares. California Public Employees Retirement Sys accumulated 135,648 shares. Pnc Fincl Services Gp Inc invested 0% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI).

Ascendant Resources Inc. explores for and evaluates mineral properties in Papua New Guinea. The company has market cap of $60.29 million. It focuses on acquiring the El Mochito zine, lead, and silver mining complex located in Honduras. It currently has negative earnings. The firm was formerly known as Morumbi Resources Inc. and changed its name to Ascendant Resources Inc. in December 2016.

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