Model N, Inc. (MODN) Forms $17.10 Double Top; Hometown Bankshares (HMTA) Sentiment Is 2.33

June 24, 2018 - By rebbecca

Model N, Inc. (NYSE:MODN) Logo

Hometown Bankshares Corp (HMTA) investors sentiment decreased to 2.33 in Q1 2018. It’s down -Infinity, from Infinity in 2017Q4. The ratio worsened, as 7 institutional investors increased and opened new equity positions, while 3 reduced and sold their positions in Hometown Bankshares Corp. The institutional investors in our database now have: 1.95 million shares, down from 3.77 million shares in 2017Q4. Also, the number of institutional investors holding Hometown Bankshares Corp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 3 Increased: 5 New Position: 2.

Model N, Inc. (MODN) formed double top with $18.30 target or 7.00% above today’s $17.10 share price. Model N, Inc. (MODN) has $522.06 million valuation. The stock increased 1.79% or $0.3 during the last trading session, reaching $17.1. About 965,158 shares traded or 405.75% up from the average. Model N, Inc. (NYSE:MODN) has risen 39.53% since June 24, 2017 and is uptrending. It has outperformed by 26.96% the S&P500. Some Historical MODN News: 08/05/2018 – MODEL N INC – JASON BLESSING SUCCEEDS ZACK RINAT AS CEO; 31/05/2018 – Model N Offers the “Align Plan,” a Customer Success Program to Drive Innovation; 14/05/2018 – Model N Closes Below 50-Day Moving Average: Technicals; 15/05/2018 – Soros Fund Management LLC Exits Position in Model N; 08/05/2018 – Model N 2Q Adj EPS 2c; 08/05/2018 – MODEL N INC – ON MAY 4, 2018, CO AND CERTAIN OF ITS SUBSIDIARIES ENTERED INTO A CREDIT AGREEMENT – SEC FILING; 14/05/2018 – RGM Capital Exits Position in Model N; 08/05/2018 – Model N 2Q Rev $39.2M; 30/05/2018 – Consolidated Research: 2018 Summary Expectations for Crown Castle International, Avnet, Computer Programs and, Model N, Century; 08/05/2018 – MODEL N INC – CHARLES ROBEL WILL ASSUME POSITION OF CHAIRMAN

More news for HomeTown Bankshares Corporation (NASDAQ:HMTA) were recently published by: Benzinga.com, which released: “38 Stocks Moving In Wednesday’s Mid-Day Session” on June 20, 2018. Equitiesfocus.com‘s article titled: “HomeTown Bankshares to Issue Special Dividend of $0.04 (NASDAQ:HMTA)” and published on May 31, 2018 is yet another important article.

Eidelman Virant Capital holds 1.35% of its portfolio in HomeTown Bankshares Corporation for 172,584 shares. Fj Capital Management Llc owns 534,700 shares or 0.75% of their US portfolio. Moreover, Ejf Capital Llc has 0.36% invested in the company for 372,735 shares. The Massachusetts-based Castine Capital Management Llc has invested 0.34% in the stock. Highlander Capital Management Llc, a New Jersey-based fund reported 22,320 shares.

HomeTown Bankshares Corporation operates as the bank holding firm for HomeTown Bank that provides retail and commercial banking services and products in the United States. The company has market cap of $80.25 million. It offers various deposit products, such as checking accounts, savings and time deposits, daily money market accounts, longer-term certificates of deposit, and individual retirement accounts. It has a 27.64 P/E ratio. The companyÂ’s loan portfolio includes commercial loans comprising secured and unsecured loans for working capital, including inventory and receivables; business expansion loans, such as acquisition of real estate and improvements; and loans for the purchase of equipment and machinery.

The stock decreased 0.58% or $0.08 during the last trading session, reaching $13.82. About 6,114 shares traded or 75.49% up from the average. HomeTown Bankshares Corporation (HMTA) has 0.00% since June 24, 2017 and is . It has underperformed by 12.57% the S&P500.

Since February 15, 2018, it had 0 buys, and 7 insider sales for $1.40 million activity. Anderson – Mark – Albert sold $37,437 worth of stock or 2,210 shares. Rinat Zack also sold $567,099 worth of Model N, Inc. (NYSE:MODN) on Thursday, June 7. 7,249 shares were sold by Barter David, worth $128,017 on Wednesday, May 16. $3,744 worth of Model N, Inc. (NYSE:MODN) shares were sold by Mellott Russell. The insider Gokhale Neeraj sold $27,578.

Among 9 analysts covering Model N Inc (NYSE:MODN), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Model N Inc has $20 highest and $9 lowest target. $16.50’s average target is -3.51% below currents $17.1 stock price. Model N Inc had 11 analyst reports since February 16, 2016 according to SRatingsIntel. The firm has “Buy” rating by JMP Securities given on Wednesday, February 7. JP Morgan upgraded Model N, Inc. (NYSE:MODN) on Friday, November 11 to “Overweight” rating. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, August 9. The rating was downgraded by JMP Securities on Tuesday, August 9 to “Market Perform”. The company was reinitiated on Tuesday, December 19 by Dougherty & Company. The firm earned “Hold” rating on Tuesday, December 12 by J.P. Morgan. The company was initiated on Tuesday, February 16 by Craig Hallum. On Tuesday, December 13 the stock rating was downgraded by Craig Hallum to “Hold”. The company was maintained on Wednesday, November 16 by Stifel Nicolaus.

Analysts await Model N, Inc. (NYSE:MODN) to report earnings on August, 14. They expect $-0.22 EPS, up 4.35% or $0.01 from last year’s $-0.23 per share. After $-0.08 actual EPS reported by Model N, Inc. for the previous quarter, Wall Street now forecasts 175.00% negative EPS growth.

Investors sentiment increased to 1.63 in 2018 Q1. Its up 0.23, from 1.4 in 2017Q4. It is positive, as 8 investors sold Model N, Inc. shares while 22 reduced holdings. 20 funds opened positions while 29 raised stakes. 17.39 million shares or 13.78% more from 15.28 million shares in 2017Q4 were reported. Penn Mngmt Company has 0.52% invested in Model N, Inc. (NYSE:MODN) for 363,942 shares. Cortina Asset Ltd Company has invested 0.25% in Model N, Inc. (NYSE:MODN). Jpmorgan Chase & Co holds 96,533 shares or 0% of its portfolio. Fmr Llc reported 0% of its portfolio in Model N, Inc. (NYSE:MODN). Next Century Growth Invsts Limited Liability Co invested in 103,542 shares. Natl Bank Of New York Mellon owns 0% invested in Model N, Inc. (NYSE:MODN) for 151,346 shares. Pnc Finance Service reported 184 shares stake. Geode Capital Ltd Liability Company has 240,317 shares for 0% of their portfolio. Millennium Mgmt Lc, New York-based fund reported 1.06M shares. Essex Management Ltd Com holds 142,793 shares or 0.34% of its portfolio. Peak6 Investments Ltd Partnership holds 32,424 shares or 0% of its portfolio. Blackrock Inc, New York-based fund reported 1.51 million shares. Strs Ohio holds 0% or 40,200 shares. Sei Invests accumulated 50 shares or 0% of the stock. Fuller Thaler Asset Mngmt accumulated 0.03% or 129,825 shares.

HomeTown Bankshares Corporation (NASDAQ:HMTA) Institutional Positions Chart