How Analysts Feel About Glu Mobile Inc. (NASDAQ:GLUU)?

October 2, 2018 - By Peter Erickson

Glu Mobile Inc. (NASDAQ:GLUU) LogoInvestors sentiment increased to 1.37 in 2018 Q2. Its up 0.35, from 1.02 in 2018Q1. It improved, as 11 investors sold Glu Mobile Inc. shares while 40 reduced holdings. 36 funds opened positions while 34 raised stakes. 65.46 million shares or 17.11% more from 55.90 million shares in 2018Q1 were reported.
Amalgamated Savings Bank accumulated 16,881 shares or 0% of the stock. Royal Savings Bank Of Canada holds 630,064 shares or 0% of its portfolio. Dekabank Deutsche Girozentrale holds 0% in Glu Mobile Inc. (NASDAQ:GLUU) or 22,588 shares. National Bank Of Montreal Can accumulated 90,981 shares. Macquarie Grp reported 70,900 shares. Castleark Mgmt Limited, a Illinois-based fund reported 1.14M shares. Gradient Invests Ltd Liability Corporation holds 3,000 shares. Moreover, Paloma Prtnrs Mngmt has 0% invested in Glu Mobile Inc. (NASDAQ:GLUU). Balyasny Asset Mngmt Lc holds 0.02% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU) for 793,215 shares. Tourbillon Capital Prtnrs Ltd Partnership invested in 0.45% or 1.84 million shares. Great West Life Assurance Com Can has 16,506 shares for 0% of their portfolio. Product Prns Limited Liability stated it has 589,433 shares. Manufacturers Life Insurance Com The has 83,670 shares. First Manhattan owns 16,770 shares. Federated Invsts Inc Pa reported 3,789 shares.

Since May 3, 2018, it had 0 insider buys, and 13 sales for $11.22 million activity. Nada Hany also sold $1.80M worth of Glu Mobile Inc. (NASDAQ:GLUU) on Tuesday, June 5. $270,000 worth of stock was sold by MATHER ANN on Monday, May 14. 72,006 shares were sold by Lee Gordon S, worth $404,667 on Thursday, May 31. $650,874 worth of Glu Mobile Inc. (NASDAQ:GLUU) was sold by Leichtner Scott. de Masi Niccolo also sold $647,952 worth of Glu Mobile Inc. (NASDAQ:GLUU) on Thursday, May 3. $138,345 worth of stock was sold by Brandeau Greg on Monday, June 11.

Glu Mobile Inc. (NASDAQ:GLUU) Ratings Coverage

Among 3 analysts covering Glu Mobile (NASDAQ:GLUU), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Glu Mobile had 5 analyst reports since April 19, 2018 according to SRatingsIntel. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 1. Roth Capital maintained Glu Mobile Inc. (NASDAQ:GLUU) rating on Thursday, April 19. Roth Capital has “Buy” rating and $5.5000 target. The rating was maintained by Stifel Nicolaus on Monday, April 30 with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, June 5. Below is a list of Glu Mobile Inc. (NASDAQ:GLUU) latest ratings and price target changes.

01/08/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $6.5 New Target: $7 Maintain
15/06/2018 Broker: PiperJaffray Rating: Overweight New Target: $7.5 Initiates Coverage On
05/06/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $5.5 New Target: $6.5 Maintain
30/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $4.75 New Target: $5 Maintain
19/04/2018 Broker: Roth Capital Rating: Buy New Target: $5.5000 Maintain

The stock decreased 0.75% or $0.055 during the last trading session, reaching $7.315. About 578,522 shares traded. Glu Mobile Inc. (NASDAQ:GLUU) has risen 109.55% since October 2, 2017 and is uptrending. It has outperformed by 93.93% the S&P500.

Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company has market cap of $1.04 billion. The firm publishes titles in five genres, including fashion and celebrity, sports and action, food, home, and social networking. It currently has negative earnings. It creates games based on its own brands, including Contract Killer, Cooking Dash, Covet Fashion, Deer Hunter, Design Home, QuizUp, Racing Rivals, and Tap Sports Baseball.

More news for Glu Mobile Inc. (NASDAQ:GLUU) were recently published by: Fool.com, which released: “Here’s Why Glu Mobile Is Just Getting Started” on September 12, 2018. Nasdaq.com‘s article titled: “Why Glu Mobile Inc. Popped 44.5% in August” and published on September 05, 2018 is yet another important article.

Glu Mobile Inc. (NASDAQ:GLUU) Institutional Positions Chart

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