November 16, 2016 - By Darrin Black · 0 Comments
Qumu Corp (NASDAQ:QUMU) institutional sentiment decreased to 1.2 in 2016 Q2. Its down -0.23, from 1.43 in 2016Q1. The ratio fall, as 12 active investment managers increased or started new holdings, while 10 sold and decreased their holdings in Qumu Corp. The active investment managers in our partner’s database reported: 4.60 million shares, down from 4.71 million shares in 2016Q1. Also, the number of active investment managers holding Qumu Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 6 Increased: 9 New Position: 3.
Qumu Corporation is an enterprise video content management software company. The company has a market cap of $21.50 million. The Firm is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. It currently has negative earnings. The Firm operates through the enterprise video content management software business segment.
About 350 shares traded hands. Qumu Corp (NASDAQ:QUMU) has declined 47.77% since April 14, 2016 and is downtrending. It has underperformed by 52.46% the S&P500.
According to Zacks Investment Research, “Qumu Corp. provides enterprise video solutions. The company offers a media appliance for video creation and distribution, an enterprise video platform to manage process stages in a video’s lifecycle, a solution to manage and deliver live Webcasts and digital signage software to deliver corporate video communications and other content to displays in reception areas, lobbies, lunchrooms, waiting areas and other gathering places. It serves financial services, communications, manufacturing, and professional services markets. Qumu Corp., formerly known as Rimage Corporation, is based in Minneapolis, United States.”
Perkins Capital Management Inc holds 1.53% of its portfolio in Qumu Corp for 300,010 shares. Ariel Investments Llc owns 1.80 million shares or 0.1% of their US portfolio. Moreover, Northrock Partners Llc has 0.08% invested in the company for 40,000 shares. The New York-based Teton Advisors Inc. has invested 0.08% in the stock. Buckingham Asset Management Llc, a Missouri-based fund reported 32,085 shares.#img1#
Ratings analysis reveals 67% of Qumu Corporation’s analysts are positive. Out of 3 Wall Street analysts rating Qumu Corporation, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $4.75 while the high is $8. The stock’s average target of $7.19 is 175.48% above today’s ($2.61) share price. QUMU was included in 5 notes of analysts from August 7, 2015. The firm has “Hold” rating given on Thursday, August 27 by Zacks. The stock of Qumu Corp (NASDAQ:QUMU) earned “Buy” rating by Lake Street on Friday, August 28. The firm has “Neutral” rating by Ladenburg Thalmann given on Monday, October 19.
Qumu Corporation (Qumu), incorporated on February 10, 1987, is an enterprise video content management software company. The Firm is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Firm operates through the enterprise video content management software business segment. The Company’s video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients. Qumu’s video platform supports both live and on-demand streaming.
More recent Qumu Corp (NASDAQ:QUMU) news were published by: Quotes.Wsj.com which released: “News Qumu Corp.QUMU” on September 16, 2013. Also Startribune.com published the news titled: “Qumu Corp. names Vern Hanzlik CEO” on October 20, 2015. Bizjournals.com‘s news article titled: “Tech company Qumu to move Edina HQ to Minneapolis” with publication date: March 11, 2015 was also an interesting one.
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By Darrin Black