Glu Mobile Inc (NASDAQ:GLUU): Stock Institutional Investors Feel Good About

November 14, 2017 - By Vivian Currie

 Glu Mobile Inc (NASDAQ:GLUU): Stock Institutional Investors  Feel Good About

Sentiment for Glu Mobile Inc (NASDAQ:GLUU)

Glu Mobile Inc (NASDAQ:GLUU) institutional sentiment decreased to 1.56 in 2017 Q2. Its down -0.25, from 1.81 in 2017Q1. The ratio worsened, as 50 funds opened new and increased equity positions, while 32 sold and decreased equity positions in Glu Mobile Inc. The funds in our partner’s database now hold: 42.45 million shares, up from 34.88 million shares in 2017Q1. Also, the number of funds holding Glu Mobile Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 21 Increased: 30 New Position: 20.

Glu Mobile Inc. develops, publishes and markets a portfolio of mobile games. The company has market cap of $539.91 million. The Firm develops and publishes a portfolio of mobile games designed to appeal to a cross section of the users of smartphones and tablet devices. It currently has negative earnings. The Company’s portfolio of mobile games is spread across various genres, including Fashion and Celebrity, Food, Sports and Action, Social Networking and Home.

About 546,062 shares traded. Glu Mobile Inc. (NASDAQ:GLUU) has risen 5.65% since November 14, 2016 and is uptrending. It has underperformed by 11.05% the S&P500.

Wall Street await Glu Mobile Inc. (NASDAQ:GLUU) to release earnings on February, 14. Analysts forecast earnings per share of $-0.06, up exactly $0.07 or 53.85 % from 2014’s $-0.13 EPS. After posting $-0.09 EPS for the previous quarter, Glu Mobile Inc.’s analysts now forecast -33.33 % EPS growth.

Menta Capital Llc holds 0.32% of its portfolio in Glu Mobile Inc. for 1.08 million shares. Lyon Street Capital Llc owns 225,000 shares or 0.23% of their US portfolio. Moreover, Engineers Gate Manager Lp has 0.13% invested in the company for 583,115 shares. The Illinois-based Ariel Investments Llc has invested 0.09% in the stock. Gsa Capital Partners Llp, a United Kingdom-based fund reported 351,800 shares.#img1#

Glu Mobile Inc. (NASDAQ:GLUU) Ratings Coverage

Ratings analysis reveals 55% of Glu Mobile’s analysts are positive. Out of 11 Wall Street analysts rating Glu Mobile, 6 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $2.15 while the high is $8. The stock’s average target of $3.87 is -1.78% below today’s ($3.94) share price. GLUU was included in 38 notes of analysts from August 5, 2015. The stock of Glu Mobile Inc. (NASDAQ:GLUU) has “Buy” rating given on Monday, February 6 by Roth Capital. TH Capital initiated the shares of GLUU in report on Friday, November 13 with “Buy” rating. The firm earned “Buy” rating on Monday, July 10 by Stifel Nicolaus. Roth Capital maintained it with “Buy” rating and $3.7500 target in Friday, July 28 report. The firm has “Overweight” rating by Piper Jaffray given on Wednesday, August 5. The stock has “Hold” rating by Canaccord Genuity on Friday, June 30. On Thursday, August 24 the stock rating was maintained by Roth Capital with “Buy”. The company was maintained on Tuesday, April 26 by Roth Capital. The rating was maintained by Wedbush with “Neutral” on Friday, July 29. The firm has “Outperform” rating by Northland Capital given on Tuesday, January 12.

More news for Glu Mobile Inc. (NASDAQ:GLUU) were recently published by: Seekingalpha.com, which released: “10 Reasons I’m ‘Glued'” on November 01, 2017. Seekingalpha.com‘s article titled: “Glu Mobile bookings, revenues rise sharply in Q3” and published on November 01, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.