RGM Capital LLC Lowers Stake in Guidance Software, Inc. (GUID)

RGM Capital LLC reduced its position in shares of Guidance Software, Inc. (NASDAQ:GUID) by 7.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,583,411 shares of the software maker’s stock after selling 299,010 shares during the period. Guidance Software makes up about 2.2% of RGM Capital LLC’s holdings, making the stock its 19th largest position. RGM Capital LLC owned about 12.07% of Guidance Software worth $21,142,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Citadel Advisors LLC increased its stake in shares of Guidance Software by 38.6% in the first quarter. Citadel Advisors LLC now owns 22,707 shares of the software maker’s stock worth $134,000 after buying an additional 6,319 shares during the last quarter. GSA Capital Partners LLP increased its stake in Guidance Software by 143.6% in the fourth quarter. GSA Capital Partners LLP now owns 29,632 shares of the software maker’s stock valued at $210,000 after buying an additional 17,468 shares during the last quarter. Teachers Advisors LLC increased its stake in Guidance Software by 10.7% in the first quarter. Teachers Advisors LLC now owns 36,398 shares of the software maker’s stock valued at $215,000 after buying an additional 3,527 shares during the last quarter. TFS Capital LLC bought a new stake in Guidance Software during the first quarter valued at about $225,000. Finally, Oxford Asset Management increased its stake in Guidance Software by 132.6% in the fourth quarter. Oxford Asset Management now owns 36,480 shares of the software maker’s stock valued at $258,000 after buying an additional 20,797 shares during the last quarter. 52.77% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Guidance Software (NASDAQ:GUID)

Guidance Software, Inc. (NASDAQ:GUID) traded down 0.89% during midday trading on Tuesday, hitting $6.65. The stock had a trading volume of 69,776 shares. Guidance Software, Inc. has a 1-year low of $4.52 and a 1-year high of $7.80. The firm’s market capitalization is $201.12 million. The firm has a 50-day moving average price of $6.43 and a 200-day moving average price of $6.68.

Guidance Software (NASDAQ:GUID) last announced its earnings results on Tuesday, May 2nd. The software maker reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.02. The company had revenue of $26.79 million during the quarter, compared to the consensus estimate of $26.80 million. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. On average, equities research analysts anticipate that Guidance Software, Inc. will post $0.31 earnings per share for the current year.

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A number of brokerages have recently weighed in on GUID. Imperial Capital reiterated an “outperform” rating and issued a $8.00 target price (up previously from $7.00) on shares of Guidance Software in a report on Tuesday, February 28th. Zacks Investment Research upgraded Guidance Software from a “hold” rating to a “buy” rating and set a $6.75 target price on the stock in a report on Tuesday, May 9th. B. Riley reiterated a “buy” rating and issued a $9.00 target price on shares of Guidance Software in a report on Monday, May 8th. Northland Securities initiated coverage on Guidance Software in a report on Monday, April 10th. They issued an “outperform” rating and a $8.00 price objective on the stock. Finally, TheStreet upgraded Guidance Software from a “d-” rating to a “c-” rating in a report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $15.03.

In other Guidance Software news, CEO Patrick Dennis sold 17,705 shares of the firm’s stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $5.82, for a total value of $103,043.10. Following the completion of the sale, the chief executive officer now directly owns 919,018 shares in the company, valued at $5,348,684.76. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Alfredo Gomez sold 5,371 shares of Guidance Software stock in a transaction on Wednesday, March 22nd. The stock was sold at an average price of $6.01, for a total transaction of $32,279.71. Following the sale, the senior vice president now owns 120,403 shares of the company’s stock, valued at $723,622.03. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 742,947 shares of company stock valued at $4,835,819. 8.40% of the stock is owned by insiders.

Guidance Software Company Profile

Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.

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