Shares of Guidance Software, Inc. (NASDAQ:GUID) have earned an average recommendation of “Buy” from the nine ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $15.03.

A number of research analysts have issued reports on the stock. B. Riley restated a “buy” rating and issued a $9.00 target price on shares of Guidance Software in a report on Wednesday, May 3rd. Imperial Capital restated an “outperform” rating and issued a $8.00 target price (up from $7.00) on shares of Guidance Software in a report on Tuesday, February 28th. Piper Jaffray Companies assumed coverage on shares of Guidance Software in a report on Tuesday, April 4th. They issued an “overweight” rating and a $8.50 target price on the stock. Northland Securities assumed coverage on shares of Guidance Software in a report on Monday, April 10th. They issued an “outperform” rating and a $8.00 target price on the stock. Finally, Zacks Investment Research upgraded shares of Guidance Software from a “hold” rating to a “buy” rating and set a $6.75 target price on the stock in a report on Tuesday, May 9th.

Guidance Software (NASDAQ GUID) traded up 1.35% during midday trading on Monday, reaching $6.76. 19,022 shares of the company traded hands. The company’s 50-day moving average price is $6.41 and its 200 day moving average price is $6.69. The firm’s market capitalization is $204.44 million. Guidance Software has a 12 month low of $4.52 and a 12 month high of $7.80.

Guidance Software (NASDAQ:GUID) last released its earnings results on Tuesday, May 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.02. The company had revenue of $26.79 million for the quarter, compared to analyst estimates of $26.80 million. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. On average, equities analysts anticipate that Guidance Software will post $0.31 earnings per share for the current year.

In other news, major shareholder Shawn Mccreight sold 40,000 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $6.62, for a total transaction of $264,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Alfredo Gomez sold 5,371 shares of the company’s stock in a transaction dated Wednesday, March 22nd. The shares were sold at an average price of $6.01, for a total transaction of $32,279.71. Following the transaction, the senior vice president now directly owns 120,403 shares of the company’s stock, valued at approximately $723,622.03. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 755,946 shares of company stock valued at $4,913,943. Corporate insiders own 8.40% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. TIAA CREF Investment Management LLC increased its position in Guidance Software by 0.9% in the first quarter. TIAA CREF Investment Management LLC now owns 70,814 shares of the software maker’s stock worth $418,000 after buying an additional 622 shares in the last quarter. Menta Capital LLC increased its position in Guidance Software by 4.7% in the first quarter. Menta Capital LLC now owns 75,298 shares of the software maker’s stock worth $444,000 after buying an additional 3,400 shares in the last quarter. Teachers Advisors LLC increased its position in Guidance Software by 10.7% in the first quarter. Teachers Advisors LLC now owns 36,398 shares of the software maker’s stock worth $215,000 after buying an additional 3,527 shares in the last quarter. Bank of New York Mellon Corp increased its position in Guidance Software by 8.6% in the first quarter. Bank of New York Mellon Corp now owns 66,975 shares of the software maker’s stock worth $395,000 after buying an additional 5,280 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Guidance Software by 4.0% in the first quarter. Geode Capital Management LLC now owns 150,854 shares of the software maker’s stock worth $890,000 after buying an additional 5,864 shares in the last quarter. 52.77% of the stock is owned by institutional investors.

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Guidance Software Company Profile

Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.

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