39,600 Shares in MaxPoint Interactive Inc (MXPT) Purchased by Gabelli Funds LLC

Gabelli Funds LLC acquired a new position in shares of MaxPoint Interactive Inc (NASDAQ:MXPT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 39,600 shares of the software maker’s stock, valued at approximately $550,000. Gabelli Funds LLC owned about 0.59% of MaxPoint Interactive as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL acquired a new position in shares of MaxPoint Interactive in the 3rd quarter valued at $556,000. Essex Investment Management Co. LLC acquired a new position in shares of MaxPoint Interactive in the 2nd quarter valued at $191,000. Spark Investment Management LLC lifted its stake in shares of MaxPoint Interactive by 124.3% in the 2nd quarter. Spark Investment Management LLC now owns 58,100 shares of the software maker’s stock valued at $431,000 after purchasing an additional 32,200 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of MaxPoint Interactive in the 1st quarter valued at $165,000. 8.00% of the stock is currently owned by institutional investors.

Separately, ValuEngine raised MaxPoint Interactive from a “sell” rating to a “hold” rating in a research note on Monday, August 28th.

MaxPoint Interactive Inc (MXPT) opened at $13.85 on Thursday. MaxPoint Interactive Inc has a 12 month low of $3.85 and a 12 month high of $13.89.

MaxPoint Interactive (NASDAQ:MXPT) last announced its quarterly earnings results on Monday, August 14th. The software maker reported ($0.75) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.67) by ($0.08). MaxPoint Interactive had a negative net margin of 15.33% and a negative return on equity of 70.90%. The business had revenue of $23.40 million during the quarter.

ILLEGAL ACTIVITY WARNING: This story was originally reported by Markets Daily and is owned by of Markets Daily. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://www.themarketsdaily.com/2017/11/16/39600-shares-in-maxpoint-interactive-inc-mxpt-purchased-by-gabelli-funds-llc.html.

MaxPoint Interactive Profile

MaxPoint Interactive, Inc is a marketing technology company. The Company provides business intelligence and marketing automation solution. The Company’s MaxPoint Intelligence Platform is a cloud-based software service that enables to predict local demand for national brands based on consumers’ purchase power and intent and manage customized digital advertisements containing in-store offers and promotions to reach consumers at a local level across display, mobile, social and video channels.

Institutional Ownership by Quarter for MaxPoint Interactive (NASDAQ:MXPT)

Receive News & Ratings for MaxPoint Interactive Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MaxPoint Interactive Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply