eGain (NASDAQ:EGAN) Share Price Passes Above 200 Day Moving Average – Should You Sell?

eGain Corporation (NASDAQ:EGANGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.53 and traded as high as $10.65. eGain shares last traded at $10.16, with a volume of 193,081 shares trading hands.

Analysts Set New Price Targets

EGAN has been the topic of a number of recent research reports. Roth Capital reiterated a “buy” rating and issued a $20.00 target price (up previously from $10.00) on shares of eGain in a research report on Thursday, November 13th. Zacks Research downgraded eGain from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “hold (c+)” rating on shares of eGain in a research report on Friday, January 9th. Finally, Wall Street Zen raised eGain from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Read Our Latest Stock Report on EGAN

eGain Stock Performance

The stock has a market cap of $274.83 million, a PE ratio of 8.26 and a beta of 0.81. The company’s 50-day moving average price is $10.79 and its 200 day moving average price is $9.53.

eGain (NASDAQ:EGANGet Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The technology company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.06. eGain had a return on equity of 10.05% and a net margin of 38.19%.The company had revenue of $23.51 million during the quarter, compared to analyst estimates of $23.22 million. eGain has set its Q2 2026 guidance at 0.070-0.080 EPS and its FY 2026 guidance at 0.290-0.340 EPS. As a group, equities research analysts predict that eGain Corporation will post 0.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other eGain news, CFO Eric Smit sold 5,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $14.44, for a total transaction of $72,200.00. Following the sale, the chief financial officer directly owned 129,187 shares in the company, valued at $1,865,460.28. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 38.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strs Ohio purchased a new position in eGain in the first quarter worth approximately $250,000. Hillsdale Investment Management Inc. acquired a new stake in eGain during the 3rd quarter worth approximately $340,000. Millennium Management LLC purchased a new stake in shares of eGain during the third quarter worth approximately $328,000. Navellier & Associates Inc. acquired a new position in shares of eGain during the third quarter worth about $277,000. Finally, Ritholtz Wealth Management purchased a new position in shares of eGain during the 2nd quarter worth approximately $194,000. 53.94% of the stock is owned by institutional investors and hedge funds.

eGain Company Profile

(Get Free Report)

eGain Incorporated (NASDAQ: EGAN) is a software company specializing in cloud-based customer engagement solutions. Its platform integrates knowledge management, analytics, and artificial intelligence to help organizations streamline customer service across digital channels. By centralizing information and automating routine interactions, eGain aims to improve agent productivity, reduce response times, and deliver consistent customer experiences.

The company’s product suite includes tools for knowledge authoring and delivery, AI-powered chatbots, case management, and predictive analytics.

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