Fondren Management LP increased its holdings in shares of GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) by 727.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 810,000 shares of the technology company’s stock after purchasing an additional 712,100 shares during the period. GlobalSCAPE accounts for 2.0% of Fondren Management LP’s investment portfolio, making the stock its 10th largest holding. Fondren Management LP owned 3.76% of GlobalSCAPE worth $2,876,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of GlobalSCAPE by 7.7% in the 2nd quarter. Vanguard Group Inc. now owns 390,921 shares of the technology company’s stock worth $2,068,000 after acquiring an additional 27,900 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of GlobalSCAPE by 6.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 165,853 shares of the technology company’s stock worth $877,000 after acquiring an additional 10,400 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of GlobalSCAPE in the 3rd quarter worth $181,000. Acadian Asset Management LLC lifted its stake in shares of GlobalSCAPE by 462.9% in the 4th quarter. Acadian Asset Management LLC now owns 33,982 shares of the technology company’s stock worth $121,000 after acquiring an additional 27,945 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of GlobalSCAPE by 4.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,028,600 shares of the technology company’s stock worth $3,652,000 after acquiring an additional 40,100 shares during the period.
GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) opened at $3.56 on Wednesday. The stock has a market cap of $75.93, a PE ratio of 17.75 and a beta of 0.31. GlobalSCAPE, Inc. has a twelve month low of $3.27 and a twelve month high of $5.51.
Separately, TheStreet upgraded shares of GlobalSCAPE from a “c+” rating to a “b” rating in a report on Friday, January 12th.
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GlobalSCAPE, Inc provides secure information exchange capabilities for enterprises and consumers through the development and distribution of software, delivery of managed and hosted solutions, and provisioning of associated services. The Company’s primary product is Enhance File Transfer (EFT). Its software products and services include Managed File Transfer Solutions (MFT), Secure Content Mobility Solutions, Wide Area File Services (WAFS), Managed E-Mail Attachment Solution, Consumer-Based File Transfer Solution and professional services.
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