Sentiment for Marchex Inc (NASDAQ:MCHX)
Marchex Inc (NASDAQ:MCHX) institutional sentiment decreased to 0.71 in Q3 2018. Its down -0.10, from 0.81 in 2018Q2. The ratio worsened, as 17 investment professionals increased or started new holdings, while 24 decreased and sold their stakes in Marchex Inc. The investment professionals in our partner’s database now possess: 19.60 million shares, down from 19.65 million shares in 2018Q2. Also, the number of investment professionals holding Marchex Inc in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 4 Reduced: 20 Increased: 13 New Position: 4.
Marchex, Inc. operates as a mobile advertising analytics company. The company has market cap of $110.74 million. The Company’s products include Marchex Call Analytics, an analytics technology platform that provides data and insights to measure the performance of mobile, online, and offline advertising for advertisers and small business resellers; and Marchex Search Analytics, a product for search marketers that drive phone calls from search campaigns, as well as attributes inbound phone calls made directly from paid search ads and landing pages to a keyword. It currently has negative earnings. The firm also provides Marchex Display and Video Analytics, a product for marketers that buy digital display advertising, as well as measures the influence that display advertising has on inbound phone calls; Marchex Social Analytics, a product for marketers that buy social media advertising; and Marchex Call Marketplace, a mobile advertising network for businesses that depend on inbound phone calls to drive sales, as well as offer advertisers ad placements across various mobile and online media sources to deliver qualified calls to their businesses.
The stock increased 0.94% or $0.025 during the last trading session, reaching $2.675. About 57,295 shares traded. Marchex, Inc. (NASDAQ:MCHX) has risen 13.31% since December 31, 2017 and is uptrending. It has outperformed by 13.31% the S&P500.
Roumell Asset Management Llc holds 7.06% of its portfolio in Marchex, Inc. for 1.38 million shares. P.A.W. Capital Corp owns 1.29 million shares or 3.8% of their US portfolio. Moreover, S Squared Technology Llc has 2.2% invested in the company for 1.01 million shares. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 0.95% in the stock. Winslow Asset Management Inc, a Ohio-based fund reported 1.00 million shares.
Since January 1, 0001, it had 10 insider buys, and 0 sales for $2.26 million activity.
More notable recent Marchex, Inc. (NASDAQ:MCHX) news were published by: Nasdaq.com which released: “Google CEO Testifies Before Republicans at Awaited Hearing – Nasdaq” on December 12, 2018, also Nasdaq.com with their article: “Earnings Season Shows Strong Revenue Momentum – Nasdaq” published on July 27, 2018, Streetinsider.com published: “Marchex (MCHX) Acquires Callcap for $35M – StreetInsider.com” on November 26, 2018. More interesting news about Marchex, Inc. (NASDAQ:MCHX) were released by: Seekingalpha.com and their article: “Marchex’s (MCHX) Management on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 05, 2018 as well as Businesswire.com‘s news article titled: “Marchex Updates Second Quarter 2018 Financial Outlook – Business Wire” with publication date: May 29, 2018.
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