Positions for Logmein Inc (NASDAQ:LOGM)
In 2018 Q4 Logmein Inc (NASDAQ:LOGM) big money sentiment decreased to 0.91, revealed SEC filings. That’s down -0.10, from 2018Q3’s 1.01. 130 active investment managers increased and started new positions, while 143 sold and trimmed stakes in Logmein Inc so the sentiment dived. These funds own 48.36 million shares, that’s up from 47.04 million shares in 2018Q3. Funds holding Logmein Inc in top 10 increased from 4 to 5 for an increase of 1. In total 34 funds closed positions, 109 reduced and 85 increased. Also 45 funds bought new Logmein Inc stakes.
Most Logmein Inc Investors
As of 2018 Q4 Rk Capital Management Llc has 8.28% invested in Logmein Inc. As of 2018 Q4, 390,890 shares of Logmein Inc are owned by Freshford Capital Management Llc. Furthermore, Bernzott Capital Advisors reported 344,305 shares in Logmein Inc equivalent to 3.92% of its long stock exposure. Arrowmark Colorado Holdings Llc revealed 3.02 million shares position in Logmein Inc. The Minnesota-based fund Summit Creek Advisors Llc holds 146,365 shares or 2.41% of their long stock exposure.
LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers.The company has $4.07 billion market cap. The firm offers GoToMeeting, a secure product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, a secure online training product for interactive training sessions; GoToWebinar, a do-it-yourself Webinar product for organizations to enhance market reach; join.me, join.me pro, and join.me enterprise that are browser online meeting and screen sharing services; OpenVoice, a reservation-less audio conferencing service; Grasshopper, a well-known provider of cloud telephony solutions; and BoldChat, a Web live chat service.The P/E ratio is 56.34. It also provides GoToAssist, GoToAssist Corporate, and GoToAssist Seeit, which offer cloud IT support solutions to deliver uptime for people and their computers, mobile devices, and apps; LogMeIn Rescue, Rescue Lens, and LogMeIn Rescue+Mobile, which are Web remote support and customer care services offering remote support; and Xively, an IoT cloud platform and connected product management solution.
The stock decreased 0.81% or $0.65 during the last trading session, touching $80.LogMeIn, Inc. is downtrending after having declined 30.12% since March 10, 2018. LOGM has 1.05M volume or 24.97% up from normal. The stock underperformed the S&P500 by 34.49%.
LogMeIn, Inc. (NASDAQ:LOGM) is awaited to publish earnings on April, 25., according to Faxor. This year’s earnings per share analyst estimate is awaited to be $0.90. That is 7.22 % down compareed to $0.97 earnings per share for last year. The profit will be $45.75 million for LOGM if $0.90 earnings per share becomes true. -27.42 % negative EPS growth is what Wall Street’s predicts after $1.24 reported EPS last quarter.
Renaissance Lc reported 938,039 shs. Moreover, Thrivent Financial For Lutherans has 0% invested in LogMeIn, Inc. (NASDAQ:LOGM). Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys owns 0.01% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 8,978 shs. New Mexico Educational Retirement Board holds 0.04% or 10,500 shs. Archford Cap Strategies Ltd Liability owns 100 shs. Gam Holdings Ag holds 0.04% or 9,610 shs. Shufro Rose And Ltd reported 10,300 shs stake. Glenmede Tru Na invested in 0% or 211 shs. Clearbridge Investments Limited Liability Co owns 0.08% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 979,625 shs. Next Group Incorporated owns 2 shs for 0% of their capital. Art Advsr Limited holds 0.02% of its capital in LogMeIn, Inc. (NASDAQ:LOGM) for 3,975 shs. Raymond James & Assocs accumulated 0.01% or 98,428 shs. Amer Century reported 370,047 shs or 0.03% of all its holdings. Charles Schwab Mgmt Inc accumulated 0.02% or 288,621 shs. Credit Suisse Ag invested 0% of its capital in LogMeIn, Inc. (NASDAQ:LOGM).
LogMeIn, Inc. registered $1.71 million net activity with 0 buys and 1 insider sale since September 10, 2018.
LogMeIn, Inc. (NASDAQ:LOGM) Ratings Coverage
In total 4 analysts cover LogMeIn (NASDAQ:LOGM). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. 6 are the (NASDAQ:LOGM)’s analyst reports since October 1, 2018 according to StockzIntelligence Inc. On Friday, October 26 the stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Overweight” rating by Barclays Capital. On Monday, October 1 the stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Outperform” rating given by Oppenheimer. On Friday, February 15 the company was downgraded by Oppenheimer. In Friday, February 15 report Needham downgraded the stock to “Hold” rating. In Friday, February 15 report KeyBanc Capital Markets maintained it with “Buy” rating and $95 target.
For more LogMeIn, Inc. (NASDAQ:LOGM) news posted briefly go to: Nasdaq.com, Seekingalpha.com, Benzinga.com, Benzinga.com or Nasdaq.com. The titles are as follows: “US Stock Futures Trading Higher as Trade Deal Moves Forward, Shutdown Averted – Nasdaq” posted on February 15, 2019, “LogMein declares $0.325 dividend – Seeking Alpha” on February 14, 2019, “Earnings Scheduled For February 14, 2019 – Benzinga” with a publish date: February 14, 2019, “Analysts Cautious On LogMeIn (NASDAQ:LOGM): ‘The Stock Will Likely Remain A ‘Show Me’ Story’ – Benzinga” and the last “Bold360 by LogMeIn Recognized as 2019 Stevie Award Winner for Sales & Customer Service – Nasdaq” with publication date: March 06, 2019.
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