MAM Software Group Inc. (NASDAQ:MAMS) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Brokerages have set a 1-year consensus price objective of $8.00 for the company and are forecasting that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also given MAM Software Group an industry rank of 107 out of 265 based on the ratings given to related companies.
MAMS has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of MAM Software Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. B. Riley restated a “hold” rating and set a $8.00 price target on shares of MAM Software Group in a report on Monday, October 2nd.
In other news, Director William Austin Iv Lewis sold 122,000 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $7.50, for a total transaction of $915,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 32.46% of the stock is owned by company insiders.
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About MAM Software Group
MAM Software Group, Inc (MAM) is a technology holding company. The Company is a provider of cloud-based business and on premise management solutions for the auto parts, tires and vertical distribution industries. Its segments include MAM UK and MAM NA. It operates through three subsidiaries: MAM Software, Inc (MAM NA), MAM Software Limited (MAM Ltd.) and Origin Software Solutions Ltd.
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