Guidance Software, Inc. (NASDAQ:GUID) received a $8.00 target price from investment analysts at Northland Securities in a note issued to investors on Saturday. The brokerage currently has a “buy” rating on the software maker’s stock. Northland Securities’ price objective would indicate a potential upside of 17.13% from the stock’s current price.

A number of other research analysts also recently weighed in on GUID. Piper Jaffray Companies started coverage on Guidance Software in a report on Tuesday, April 4th. They issued an “overweight” rating and a $8.50 target price on the stock. Zacks Investment Research downgraded Guidance Software from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. B. Riley reissued a “buy” rating and issued a $9.00 target price on shares of Guidance Software in a report on Wednesday, May 3rd. Finally, TheStreet raised Guidance Software from a “d-” rating to a “c-” rating in a report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $15.03.

Guidance Software (NASDAQ GUID) traded down 2.29% during midday trading on Friday, hitting $6.83. The stock had a trading volume of 132,809 shares. The firm’s market cap is $206.56 million. Guidance Software has a 52 week low of $4.52 and a 52 week high of $7.80. The firm has a 50 day moving average of $6.76 and a 200 day moving average of $6.61.

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

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In other news, CEO Patrick Dennis sold 17,705 shares of the firm’s stock in a transaction dated Thursday, May 4th. The stock was sold at an average price of $5.82, for a total value of $103,043.10. Following the transaction, the chief executive officer now owns 919,018 shares of the company’s stock, valued at $5,348,684.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Shawn Mccreight sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, April 26th. The stock was sold at an average price of $6.18, for a total value of $154,500.00. The disclosure for this sale can be found here. Insiders sold 654,654 shares of company stock worth $4,249,802 in the last ninety days. Corporate insiders own 38.11% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Quadrant L P CA acquired a new stake in Guidance Software during the second quarter valued at about $134,000. Citadel Advisors LLC boosted its stake in Guidance Software by 38.6% in the first quarter. Citadel Advisors LLC now owns 22,707 shares of the software maker’s stock valued at $134,000 after buying an additional 6,319 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Guidance Software by 143.6% in the fourth quarter. GSA Capital Partners LLP now owns 29,632 shares of the software maker’s stock valued at $210,000 after buying an additional 17,468 shares in the last quarter. TFS Capital LLC acquired a new stake in Guidance Software during the first quarter valued at about $225,000. Finally, Bank of New York Mellon Corp boosted its stake 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 valued at $395,000 after buying an additional 5,280 shares in the last quarter. 52.77% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Guidance Software (NASDAQ:GUID)

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