MAM Software Group Inc. (NASDAQ:MAMS) – Stock analysts at B. Riley reduced their Q3 2018 earnings per share estimates for shares of MAM Software Group in a report issued on Monday. B. Riley analyst S. Sherbetchyan now anticipates that the technology company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.06. B. Riley currently has a “Neutral” rating and a $8.50 target price on the stock. B. Riley also issued estimates for MAM Software Group’s Q4 2018 earnings at $0.10 EPS, Q3 2019 earnings at $0.09 EPS and FY2019 earnings at $0.37 EPS.
Separately, Zacks Investment Research upgraded shares of MAM Software Group from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th.
MAM Software Group (NASDAQ:MAMS) last posted its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. MAM Software Group had a net margin of 12.46% and a return on equity of 40.12%. The firm had revenue of $8.64 million for the quarter, compared to analysts’ expectations of $8.63 million.
In other MAM Software Group news, Director William Austin Iv Lewis sold 122,000 shares of MAM Software Group 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 32.46% of the company’s stock.
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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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