Attunity Ltd (ATTU) Position Cut by Royce & Associates LP

Royce & Associates LP cut its position in shares of Attunity Ltd (NASDAQ:ATTU) by 32.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 439,602 shares of the technology company’s stock after selling 211,300 shares during the period. Royce & Associates LP owned 2.06% of Attunity worth $8,304,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Acadian Asset Management LLC boosted its holdings in Attunity by 236.9% during the third quarter. Acadian Asset Management LLC now owns 875,042 shares of the technology company’s stock worth $16,532,000 after buying an additional 615,320 shares in the last quarter. Renaissance Technologies LLC raised its position in Attunity by 125.2% during the second quarter. Renaissance Technologies LLC now owns 416,100 shares of the technology company’s stock worth $4,831,000 after acquiring an additional 231,320 shares during the period. EAM Global Investors LLC acquired a new position in Attunity during the third quarter worth $4,104,000. JPMorgan Chase & Co. raised its position in Attunity by 29.1% during the third quarter. JPMorgan Chase & Co. now owns 169,686 shares of the technology company’s stock worth $3,205,000 after acquiring an additional 38,246 shares during the period. Finally, Essex Investment Management Co. LLC raised its position in Attunity by 4.3% during the third quarter. Essex Investment Management Co. LLC now owns 160,562 shares of the technology company’s stock worth $3,033,000 after acquiring an additional 6,591 shares during the period. 49.20% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on ATTU shares. Needham & Company LLC upped their price objective on shares of Attunity from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, August 20th. Roth Capital upped their price objective on shares of Attunity from $20.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, September 19th. BidaskClub cut shares of Attunity from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 31st. Craig Hallum restated a “buy” rating and set a $24.00 price objective on shares of Attunity in a research report on Thursday, November 1st. They noted that the move was a valuation call. Finally, Zacks Investment Research cut shares of Attunity from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 25th. Five investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $24.50.

NASDAQ:ATTU opened at $20.72 on Friday. The firm has a market cap of $432.15 million, a price-to-earnings ratio of 134.73 and a beta of 1.98. Attunity Ltd has a fifty-two week low of $6.51 and a fifty-two week high of $23.85.

Attunity (NASDAQ:ATTU) last posted its quarterly earnings data on Thursday, November 1st. The technology company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.20. The company had revenue of $22.22 million during the quarter, compared to analysts’ expectations of $18.93 million. Attunity had a net margin of 2.45% and a return on equity of 5.97%. Equities analysts predict that Attunity Ltd will post 0.23 EPS for the current fiscal year.

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Attunity Profile

Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.

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Institutional Ownership by Quarter for Attunity (NASDAQ:ATTU)

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