Shares of Guidance Software, Inc. (NASDAQ:GUID) have been given an average rating of “Hold” by the ten brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $15.73.

A number of analysts have recently issued reports on GUID shares. B. Riley reaffirmed a “neutral” rating and set a $7.10 target price on shares of Guidance Software in a research report on Thursday, July 27th. Zacks Investment Research lowered Guidance Software from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Northland Securities started coverage on Guidance Software in a research report on Monday, April 10th. They set an “outperform” rating and a $8.00 target price on the stock. Piper Jaffray Companies lowered Guidance Software from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $8.50 to $7.00 in a research report on Wednesday, July 26th. Finally, Gabelli reaffirmed a “hold” rating on shares of Guidance Software in a research report on Thursday, July 27th.

In related news, major shareholder Shawn Mccreight sold 9,383 shares of the business’s stock in a transaction dated Thursday, July 13th. The stock was sold at an average price of $7.02, for a total value of $65,868.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders sold 982,084 shares of company stock valued at $6,690,299. 8.40% of the stock is owned by corporate insiders.

Hedge funds have recently made changes to their positions in the stock. Balter Liquid Alternatives LLC purchased a new stake in shares of Guidance Software during the second quarter valued at $123,000. Citadel Advisors LLC raised its stake in shares of 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. First Quadrant L P CA purchased a new stake in shares of Guidance Software during the second quarter valued at $134,000. Rhumbline Advisers raised its stake in shares of Guidance Software by 1.1% in the second quarter. Rhumbline Advisers now owns 23,953 shares of the software maker’s stock valued at $158,000 after buying an additional 260 shares in the last quarter. Finally, TFS Capital LLC purchased a new stake in shares of Guidance Software during the first quarter valued at $225,000. 53.54% of the stock is owned by hedge funds and other institutional investors.

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Guidance Software (GUID) traded up 0.071% on Tuesday, hitting $7.075. The stock had a trading volume of 232,923 shares. The company’s 50 day moving average is $6.84 and its 200 day moving average is $6.59. Guidance Software has a 12-month low of $4.52 and a 12-month high of $7.80. The firm’s market cap is $215.22 million.

Guidance Software (NASDAQ:GUID) last announced its earnings results on Tuesday, August 1st. The software maker reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.02. Guidance Software had a negative return on equity of 1,293.38% and a negative net margin of 6.56%. The business had revenue of $24.66 million for the quarter, compared to analyst estimates of $27.63 million. On average, equities research analysts expect that Guidance Software will post $0.31 EPS for the current fiscal year.

About Guidance Software

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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