As Ebix INC (EBIX) Market Valuation Rose, Atwood & Palmer INC Trimmed Its Stake by $9.82 Million

November 10, 2018 - By Winifred Garcia

Ebix, Inc. (NASDAQ:EBIX) LogoInvestors sentiment decreased to 1.41 in 2018 Q2. Its down 0.15, from 1.56 in 2018Q1. It dropped, as 20 investors sold EBIX shares while 44 reduced holdings. 32 funds opened positions while 58 raised stakes. 20.60 million shares or 2.77% more from 20.04 million shares in 2018Q1 were reported. Price T Rowe Associate Inc Md holds 9,740 shares or 0% of its portfolio. Affinity Inv Advsrs Ltd Com has 0.03% invested in Ebix, Inc. (NASDAQ:EBIX) for 3,052 shares. Bnp Paribas Arbitrage Sa reported 0% in Ebix, Inc. (NASDAQ:EBIX). Caxton Assocs LP stated it has 0.01% of its portfolio in Ebix, Inc. (NASDAQ:EBIX). Northern Tru, Illinois-based fund reported 456,260 shares. Proshare Advisors Ltd Com reported 3,882 shares or 0% of all its holdings. Ubs Asset Americas reported 13,065 shares. Schwab Charles Invest Mngmt Inc reported 0.01% in Ebix, Inc. (NASDAQ:EBIX). Robeco Institutional Asset Management Bv owns 0.06% invested in Ebix, Inc. (NASDAQ:EBIX) for 168,541 shares. Renaissance Techs Ltd holds 0% or 22,680 shares in its portfolio. Ameriprise Inc invested in 0.01% or 386,686 shares. Pnc Financial Gru owns 631 shares. Goldman Sachs Group Incorporated Incorporated, a New York-based fund reported 132,312 shares. Kbc Nv reported 0.01% stake. State Of Alaska Department Of Revenue owns 0.01% invested in Ebix, Inc. (NASDAQ:EBIX) for 7,200 shares.

Since June 20, 2018, it had 0 buys, and 1 insider sale for $179,261 activity.

Atwood & Palmer Inc decreased its stake in Ebix Inc (EBIX) by 40.15% based on its latest 2018Q2 regulatory filing with the SEC. Atwood & Palmer Inc sold 129,231 shares as the company’s stock rose 3.52% with the market. The institutional investor held 192,628 shares of the technology company at the end of 2018Q2, valued at $14.69 million, down from 321,859 at the end of the previous reported quarter. Atwood & Palmer Inc who had been investing in Ebix Inc for a number of months, seems to be less bullish one the $1.67B market cap company. The stock decreased 0.38% or $0.2 during the last trading session, reaching $52.76. About 574,069 shares traded or 86.23% up from the average. Ebix, Inc. (NASDAQ:EBIX) has risen 35.67% since November 10, 2017 and is uptrending. It has outperformed by 20.05% the S&P500.

More notable recent Ebix, Inc. (NASDAQ:EBIX) news were published by: Nasdaq.com which released: “Ebix Hosts Q3 Investor Call Thursday, November 8 at 11:00 am ET” on October 29, 2018, also Seekingalpha.com with their article: “Ebix: Not The Growth That You Can Believe In” published on October 29, 2018, Seekingalpha.com published: “Ebix, Inc. (EBIX) CEO Robin Raina on Q3 2018 Results – Earnings Call Transcript” on November 08, 2018. More interesting news about Ebix, Inc. (NASDAQ:EBIX) were released by: Nasdaq.com and their article: “Celent Recognizes Ebix with XCelent Award for Customer Base” published on November 02, 2018 as well as Nasdaq.com‘s news article titled: “Ebix Reports Record Quarterly Results with Operating Cash Flow of $34.3 Million, Constant Currency Revenues of …” with publication date: November 08, 2018.

Ebix, Inc. (NASDAQ:EBIX) Ratings Coverage

Among 2 analysts covering Ebix (NASDAQ:EBIX), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ebix has $108 highest and $85 lowest target. $96.50’s average target is 82.90% above currents $52.76 stock price. Ebix had 2 analyst reports since July 12, 2018 according to SRatingsIntel.

Ebix, Inc. (NASDAQ:EBIX) Institutional Positions Chart

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