Barclays PLC Acquires 19,772 Shares of eGain Co. (NASDAQ:EGAN)

Barclays PLC grew its holdings in shares of eGain Co. (NASDAQ:EGAN) by 48.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 60,513 shares of the technology company’s stock after purchasing an additional 19,772 shares during the period. Barclays PLC’s holdings in eGain were worth $308,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its position in eGain by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 681,737 shares of the technology company’s stock valued at $4,301,000 after buying an additional 1,752 shares in the last quarter. Sei Investments Co. grew its stake in shares of eGain by 2.1% in the second quarter. Sei Investments Co. now owns 163,132 shares of the technology company’s stock worth $1,029,000 after acquiring an additional 3,384 shares during the last quarter. State Street Corp increased its holdings in shares of eGain by 0.8% during the third quarter. State Street Corp now owns 413,850 shares of the technology company’s stock valued at $2,111,000 after acquiring an additional 3,428 shares in the last quarter. Jane Street Group LLC raised its position in shares of eGain by 16.8% in the 3rd quarter. Jane Street Group LLC now owns 35,753 shares of the technology company’s stock worth $182,000 after purchasing an additional 5,144 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in eGain by 17.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 73,401 shares of the technology company’s stock worth $374,000 after purchasing an additional 10,933 shares in the last quarter. 53.94% of the stock is owned by institutional investors.

eGain Stock Performance

EGAN stock opened at $6.54 on Monday. The stock has a market capitalization of $186.52 million, a PE ratio of 34.42 and a beta of 0.42. The stock’s 50 day simple moving average is $5.80 and its 200 day simple moving average is $5.93. eGain Co. has a 12-month low of $4.71 and a 12-month high of $7.96. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.04.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of eGain from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th.

About eGain

eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.