Model N Inc’s Sentiment
“Big money sentiment for Model N Inc (NYSE:MODN) in Q4 2018 decreased to 1.07, according to SEC filings. So its down -0.24, from 2018Q3’s 1.31. 45 hedge funds increased or started new equity positions, while 42 sold and decreased their equity positions in Model N Inc so the sentiment dived. These funds own 21.46 million shares, that’s up from 20.92 million shares in 2018Q3. Funds holding Model N Inc in top 10 increased from 1 to 3 for an increase of 2. 16 Investors Sold All; 26 Reduced Holdings; 27 increased holdings while 18 hedge funds bought holdings.
Most Model N Inc Shareholders
Trigran Investments Inc. owns 1.98 million shares in Model N Inc as of Q4 2018. Model N Inc’s shareholder First Light Asset Management Llc owns 1.73 million shares as of Q4 2018. Lyon Street Capital Llc reported 198,044 shares. Golden Gate Private Equity Inc. revealed 356,819 shares position in Model N Inc. The Massachusetts-based fund Portolan Capital Management Llc looks positive on Model N Inc, having 487,266 shares.
Model N, Inc. provides revenue management cloud solutions for the life science and technology industries.The firm is worth $536.22 million. The firm develops applications, such as managed care and government pricing for life science companies; and channel incentives based on design wins for technology companies.Currently it has negative earnings. It offers Revenue Enterprise Cloud, a set of transactional applications that serve as a system of record for, and automate the execution of revenue management processes, such as pricing, contracting, compliance, incentive, and rebate management.
Ticker’s shares touched $17 during the last trading session after 0.53% change.Model N, Inc. is uptrending after having risen 1.59% since April 7, 2018. MODN has 197,887 volume or 8.29% up from normal. The stock underperformed the S&P500 by 2.78%.
On May, 14. Investors expect Model N, Inc. (NYSE:MODN) to report its quarterly earnings, RTT reports. The earnings per share diference is $0.08 or 100.00 % down from last years number. Previous year: $-0.08; Analysts forcast: $-0.16. Last quarter $-0.11 earnings per share was reported. Analysts sees 45.45 % negative EPS growth this quarter.
Citigroup accumulated 11,218 shs. First Mercantile Trust Company owns 5,813 shs. Lyon Street Cap Limited Liability Corp holds 2.63% or 198,044 shs in its capital. 1.35M were accumulated by Fmr Limited Liability. 8,045 are held by Metropolitan Life Insurance Commerce. 211,218 were reported by Charles Schwab Investment Mngmt. National Bank Of America De, a North Carolina-based fund reported 78,660 shs. Millennium Management Ltd Liability Company reported 189,531 shs. Boston reported 0% of its capital in Model N, Inc. (NYSE:MODN). Citadel Advsrs Ltd invested in 0% or 149,367 shs. Voya Invest Mngmt Ltd Liability Corporation invested in 11,656 shs. Renaissance Tech Ltd Liability, New York-based fund reported 895,100 shs. Ubs Asset Management Americas has invested 0% in Model N, Inc. (NYSE:MODN). The Pennsylvania-based Susquehanna Intl Group Inc Limited Liability Partnership has invested 0% in Model N, Inc. (NYSE:MODN). Nj State Employees Deferred Compensation Plan, New Jersey-based fund reported 14,000 shs.
Model N, Inc. had 6 insider sales and 0 buys since November 16, 2018. This’s net activity of $262,548. On Friday, November 16 Barter David sold $4,275 worth of Model N, Inc. (NYSE:MODN). 211 shs were sold by Mellott Russell, worth $2,929. On Friday, November 16 $2,443 worth of stock was sold by Gokhale Neeraj.
Model N, Inc. (NYSE:MODN) Ratings Coverage
A total of 2 analysts rate Model N (NYSE:MODN) as follows: 2 “Buy”, 0 “Hold” and 0 “Sell”. Š¢herefore 100% are bullish. (NYSE:MODN) has 4 ratings reports on 7 Apr 2019 according to StockzIntelligence. On Tuesday, February 19 the firm has “Buy” rating given by National Securities.
A couple more Model N, Inc. (NYSE:MODN) news were brought out by: Seekingalpha.com which released on November 20, 2018 “Model N: Back To Flat Revenue Growth – Seeking Alpha”, also Profitconfidential.com on February 19, 2019 brought out “Model N Stock: Strong Tailwinds Bode Well for Long-Term Gains – Profit Confidential”, the next Businesswire.com is “New Study from Model N Examines How Top-Tier Organizations Approach Revenue Management – Business Wire” on March 19, 2019. Benzinga.com has article titled “Model N Has Happy Customers And Good Pipeline Momentum, Oppenheimer Says (NYSE:MODN) – Benzinga”.

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