Analysts See $0.03 EPS for Glu Mobile Inc. (GLUU)

October 14, 2018 - By Ellis Scott

Glu Mobile Inc. (NASDAQ:GLUU) LogoInvestors sentiment increased to 1.37 in Q2 2018. Its up 0.35, from 1.02 in 2018Q1. It increased, 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.
Lpl Fin Ltd Liability Corporation owns 10,539 shares. Northern Tru Corp has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Quantbot Technologies Lp holds 2,900 shares or 0% of its portfolio. Schwab Charles Investment Mngmt stated it has 234,258 shares or 0% of all its holdings. Ubs Asset Mngmt Americas has invested 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). New York-based Alliancebernstein Ltd Partnership has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Thompson Davis And stated it has 2,000 shares. Caxton Assoc Limited Partnership reported 19,913 shares. Geode Mngmt Limited Liability Company holds 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU) for 1.33 million shares. Dumont Blake Inv Advisors Limited Liability Corp reported 20,000 shares stake. Tourbillon Cap Ptnrs L P invested in 1.84M shares or 0.45% of the stock. Axa reported 0% in Glu Mobile Inc. (NASDAQ:GLUU). Edge Wealth Management Limited Liability Corp stated it has 15 shares or 0% of all its holdings. Proshare Lc owns 14,476 shares or 0% of their US portfolio. Pnc Financial has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU).

Since May 3, 2018, it had 0 insider purchases, and 13 selling transactions for $11.22 million activity. $650,874 worth of Glu Mobile Inc. (NASDAQ:GLUU) shares were sold by Leichtner Scott. 142,500 shares valued at $1.04M were sold by Ludwig Eric R on Friday, June 1. Shares for $138,345 were sold by Brandeau Greg on Monday, June 11. $1.80M worth of Glu Mobile Inc. (NASDAQ:GLUU) shares were sold by Nada Hany. Akhavan Chris sold $357,761 worth of Glu Mobile Inc. (NASDAQ:GLUU) on Tuesday, May 15. Another trade for 72,006 shares valued at $404,667 was sold by Lee Gordon S.

Analysts expect Glu Mobile Inc. (NASDAQ:GLUU) to report $0.03 EPS on November, 7.They anticipate $0.12 EPS change or 133.33 % from last quarter’s $-0.09 EPS. GLUU’s profit would be $4.25M giving it 52.33 P/E if the $0.03 EPS is correct. After having $-0.03 EPS previously, Glu Mobile Inc.’s analysts see -200.00 % EPS growth. The stock increased 5.37% or $0.32 during the last trading session, reaching $6.28. About 3.06M shares traded or 43.22% up from the average. Glu Mobile Inc. (NASDAQ:GLUU) has risen 109.55% since October 14, 2017 and is uptrending. It has outperformed by 93.93% the S&P500.

Glu Mobile Inc. (NASDAQ:GLUU) Ratings Coverage

Among 3 analysts covering Glu Mobile (NASDAQ:GLUU), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Glu Mobile had 6 analyst reports since April 19, 2018 according to SRatingsIntel. The rating was downgraded by Roth Capital on Monday, October 8 to “Neutral”. The rating was maintained by Roth Capital on Thursday, April 19 with “Buy”. Stifel Nicolaus maintained Glu Mobile Inc. (NASDAQ:GLUU) on Wednesday, August 1 with “Buy” rating. Stifel Nicolaus maintained the shares of GLUU in report on Monday, April 30 with “Buy” rating. The company was maintained on Tuesday, June 5 by Stifel Nicolaus.

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 $890.53 million. 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: Seekingalpha.com, which released: “Glu Mobile: One Hit Away” on October 09, 2018. Streetinsider.com‘s article titled: “Pre-Open Movers 10/08: (PBR) (TTPH) (ARNC) Higher; (ALT) (GLUU) (IRBT) Lower (more…)” and published on October 08, 2018 is yet another important article.

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

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