Clarius Group LLC Lowers Stake in MaxPoint Interactive, Inc. (MXPT)

Clarius Group LLC Lowers Stake in MaxPoint Interactive, Inc. (MXPT)

Clarius Group LLC lowered its stake in MaxPoint Interactive, Inc. (NASDAQ:MXPT) by 96.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,155 shares of the company’s stock after selling 61,991 shares during the period. Clarius Group LLC’s holdings in MaxPoint Interactive were worth $385,000 at the end of the most recent reporting period.

Shares of MaxPoint Interactive, Inc. (NASDAQ:MXPT) traded up 1.36% on Wednesday, hitting $4.46. 23,461 shares of the stock were exchanged. The stock’s 50-day moving average is $5.04 and its 200-day moving average is $8.06. MaxPoint Interactive, Inc. has a 1-year low of $3.85 and a 1-year high of $11.94. The stock’s market cap is $29.57 million.

A number of research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of MaxPoint Interactive from a “buy” rating to a “hold” rating in a research report on Wednesday, October 12th. Needham & Company LLC reaffirmed a “hold” rating on shares of MaxPoint Interactive in a research report on Friday, November 11th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $5.88.

MaxPoint Interactive Company 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.

Want to see what other hedge funds are holding MXPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MaxPoint Interactive, Inc. (NASDAQ:MXPT).

Related posts

Leave a Comment