November 28, 2016 - By Ruchi Gupta
Jose Vargas, the well informed man, who’s the current Chief Revenue Officer of Autobytel Inc invested in closely 7,753 shares of the firm with market value of about $100,014 USD totalled based on 12.9 USD a share. Jose Vargas today has ownership of 13.54% of the company’s market cap with ownership of 1.48 million shares. The stock trade by Mr. Jose – was recorded on November 28, 2016 and made public in a SEC’s document available here.
Out of 4 analysts covering Autobytel (NASDAQ:ABTL), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $29 is the highest target while $25 is the lowest. The $27.75 average target is 113.96% above today’s ($12.97) stock price. Autobytel has been the topic of 4 analyst reports since October 2, 2015 according to StockzIntelligence Inc. The stock of Autobytel Inc. (NASDAQ:ABTL) has “Buy” rating given on Friday, March 11 by Ascendiant Capital. The company was maintained on Friday, October 2 by Lake Street. As per Monday, October 10, the company rating was maintained by .
Insitutional Activity: The institutional sentiment increased to 1.52 in Q2 2016. Its up 0.75, from 0.77 in 2016Q1. The ratio improved, as 24 funds sold all Autobytel Inc. shares owned while 23 reduced positions. 15 funds bought stakes while 21 increased positions. They now own 6.29 million shares or 1.93% less from 6.42 million shares in 2016Q1.
Signia Capital Mgmt Ltd Limited Liability Company has invested 5.05% of its portfolio in Autobytel Inc. (NASDAQ:ABTL). Timpani Mgmt Limited Liability Company holds 0.53% or 89,785 shares in its portfolio. Kennedy Cap accumulated 0.02% or 75,000 shares. Adirondack Research Mgmt last reported 118,885 shares in the company. Morgan Stanley has invested 0% of its portfolio in Autobytel Inc. (NASDAQ:ABTL). National Bank & Trust Of America De has 165 shares for 0% of their US portfolio. The Illinois-based Northern Corporation has invested 0% in Autobytel Inc. (NASDAQ:ABTL). Allianz Asset Management Ag holds 0% of its portfolio in Autobytel Inc. (NASDAQ:ABTL) for 298,426 shares. Essex Invest Mngmt Ltd Llc holds 0.08% or 35,494 shares in its portfolio. Numeric Investors Limited Liability Company last reported 82,095 shares in the company. Dimensional Fund Advsrs Lp last reported 0% of its portfolio in the stock. Blackrock Invest Mgmt Ltd Limited Liability Company last reported 0% of its portfolio in the stock. Pnc Service Gru Inc accumulated 500 shares or 0% of the stock. Stanley reported 10,484 shares or 0.06% of all its holdings. California Employees Retirement Systems, a California-based fund reported 30,000 shares.
Insider Transactions: Since June 2, 2016, the stock had 0 buys, and 2 insider sales for $432,206 net activity. Fuller Glenn Evan bought $4,265 worth of Autobytel Inc. (NASDAQ:ABTL) on Thursday, June 2. $303,506 worth of shares were sold by COATS JEFFREY H on Tuesday, November 22.
The stock decreased 0.08% or $0.01 during the last trading session, hitting $12.97. About 59,073 shares traded hands. Autobytel Inc. (NASDAQ:ABTL) has declined 30.51% since April 25, 2016 and is downtrending. It has underperformed by 36.53% the S&P500.
Autobytel Inc. is an automotive marketing services firm that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to clients through the programs for online lead referrals, dealer marketing services and products, and online advertising programs and mobile products. The company has a market cap of $139.81 million. The Firm operates through providing automotive marketing services segment. It has a 52.25 P/E ratio. The Company’s consumer-facing automotive Websites, including Website Autobytel.com, provide clients with information and tools to aid them with the automotive purchase decisions and ability to submit inquiries requesting dealers to contact the clients regarding purchasing or leasing vehicles.
According to Zacks Investment Research, “Autobytel, Inc. is an internationally branded online automotive commerce company that provides consumers with automotive solutions throughout the lifecycle of vehicle ownership. The company owns Internet sites for new and pre-owned vehicle information and automotive services that link buyers and sellers in an information-rich environment. Through the company’s Web sites consumers can research pricing, specifications and other information regarding new and pre-owned vehicles and purchase, finance, lease, insure, sell or maintain their vehicles.”
Analysts await Autobytel Inc. (NASDAQ:ABTL) to report earnings on March, 9. They expect $0.22 EPS, down 26.67% or $0.08 from last year’s $0.3 per share. ABTL’s profit will be $2.37 million for 14.74 P/E if the $0.22 EPS becomes a reality. After $0.42 actual EPS reported by Autobytel Inc. for the previous quarter, Wall Street now forecasts -47.62% negative EPS growth.
More important recent Autobytel Inc. (NASDAQ:ABTL) news were published by: Streetinsider.com which released: “Form 4 AUTOBYTEL INC For: Nov 28 Filed by: Vargas Jose J.” on November 28, 2016, also Prnewswire.com published article titled: “Autobytel Partners with Videology to Bring its Expansive In-Market Auto ..”, Ocbj.com published: “Autobytel Q2 Sales Up 19%” on August 04, 2016. More interesting news about Autobytel Inc. (NASDAQ:ABTL) was released by: Streetinsider.com and their article: “Form 4 AUTOBYTEL INC For: Nov 22 Filed by: COATS JEFFREY H” with publication date: November 24, 2016.
Autobytel Inc. (Autobytel), incorporated on May 17, 1996, is an automotive marketing services firm that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to clients through the programs for online lead referrals (Leads), dealer marketing services and products, and online advertising programs and mobile products. The Firm operates through providing automotive marketing services segment. The Company’s consumer-facing automotive Websites, which include its Website Autobytel.com, provide clients with information and tools to aid them with the automotive purchase decisions and the ability to submit inquiries requesting dealers to contact the clients regarding purchasing or leasing vehicles. The Company’s AutoWeb pay-per-click advertising marketplace program uses technology to refer in-market consumer traffic to dealers and maker Websites. For clients not be able to secure loans through conventional lending sources, the Websites provide these clients the ability to submit inquiries requesting dealers or other lenders that may offer vehicle financing to these clients to contact the clients regarding vehicle financing.
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.
By Ruchi Gupta