Perritt Capital Management Increased Its Stake in Information Svcs Group (III) by $480,700 as Stock Value Declined; Francisco Partners Management LP Lowered Its Computer Programs & Systems (CPSI) Stake by $19.05 Million; Market Value Declined

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Logo

Perritt Capital Management Inc increased its stake in Information Svcs Group Inc (III) by 34.22% based on its latest 2018Q3 regulatory filing with the SEC. Perritt Capital Management Inc bought 120,175 shares as the company’s stock declined 19.23% with the market. The institutional investor held 471,390 shares of the consumer services company at the end of 2018Q3, valued at $2.25 million, up from 351,215 at the end of the previous reported quarter. Perritt Capital Management Inc who had been investing in Information Svcs Group Inc for a number of months, seems to be bullish on the $185.72M market cap company. The stock decreased 0.72% or $0.03 during the last trading session, reaching $4.11. About 54,115 shares traded. Information Services Group, Inc. (NASDAQ:III) has risen 2.44% since February 14, 2018 and is uptrending. It has outperformed by 2.44% the S&P500. Some Historical III News: 17/05/2018 – Cognizant Recognized as Market Leader in Internet of Things Services by Research and Advisory Firm ISG; 15/03/2018 – ISG to Publish 25 Best Examples of Digital Transformation; 14/03/2018 – Info Services Group 4Q Rev $66.6M; 09/05/2018 – INFORMATION SERVICES GROUP INC – REAFFIRMS FULL-YEAR GUIDANCE FOR REVENUES AND ADJUSTED EBITDA; 14/03/2018 – INFORMATION SERVICES GROUP INC lll.O SEES FY 2018 REVENUE $285 MLN TO $292 MLN; 02/05/2018 – Automation’s Impact on Life Sciences the Subject of ISG Webinar on May 3; 19/04/2018 – ISG Recognizes Digital Transformation Leaders in New Book; 17/05/2018 – ISG Launches 2018 Automation Summit Series with June 5-6 Event in Paris; 11/05/2018 – ISG Expert to Discuss Machine Learning on May 15 CFO Magazine Webcast; 25/05/2018 – ISG Smartalks™ Webinar to Reveal Best Practices for Maximizing Value in Cisco Negotiations

Francisco Partners Management Lp decreased its stake in Computer Programs & Systems Inc (CPSI) by 50% based on its latest 2018Q3 regulatory filing with the SEC. Francisco Partners Management Lp sold 732,803 shares as the company’s stock declined 0.19% with the market. The institutional investor held 732,802 shares of the technology company at the end of 2018Q3, valued at $19.68M, down from 1.47M at the end of the previous reported quarter. Francisco Partners Management Lp who had been investing in Computer Programs & Systems Inc for a number of months, seems to be less bullish one the $384.31M market cap company. The stock increased 1.62% or $0.45 during the last trading session, reaching $28.25. About 77,976 shares traded. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has declined 10.83% since February 14, 2018 and is downtrending. It has underperformed by 10.83% the S&P500. Some Historical CPSI News: 12/03/2018 – Computer Programs Closes Above 200-Day Average: Technicals; 06/03/2018 Evident Highest Ranked EHR Vendor for 8th Consecutive Year; 15/05/2018 – Product Vision Takes Center Stage at the CPSI 2018 National Client Conference; 22/03/2018 – Computer Programs Closes Below 50-Day Moving Average; 07/03/2018 – Norges Bank Exits Position in Computer Programs; 23/04/2018 – DJ Computer Programs and Systems Inc, Inst Holders, 1Q 2018 (CPSI); 30/05/2018 – Consolidated Research: 2018 Summary Expectations for Crown Castle International, Avnet, Computer Programs and, Model N, Century; 03/05/2018 – COMPUTER PROGRAMS 1Q EPS 29C; 03/05/2018 – Computer Programs & Sys 1Q EPS 29c; 03/05/2018 – Computer Programs & Sys 1Q Rev $70.9M

Since November 15, 2018, it had 0 insider buys, and 1 sale for $1.09 million activity.

Among 15 analysts covering Computer Progams & Systems (NASDAQ:CPSI), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Computer Progams & Systems had 41 analyst reports since July 31, 2015 according to SRatingsIntel. Topeka Capital Markets upgraded the shares of CPSI in report on Friday, January 29 to “Buy” rating. The rating was maintained by KeyBanc Capital Markets with “Sell” on Wednesday, September 20. As per Thursday, September 22, the company rating was maintained by Citigroup. Robert W. Baird upgraded Computer Programs and Systems, Inc. (NASDAQ:CPSI) on Wednesday, November 25 to “Outperform” rating. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) has “Buy” rating given on Thursday, January 19 by Dougherty & Company. The firm has “Mkt Perform” rating given on Friday, November 27 by FBR Capital. As per Monday, February 27, the company rating was maintained by Dougherty & Company. On Thursday, February 8 the stock rating was maintained by Cantor Fitzgerald with “Hold”. Oppenheimer maintained the shares of CPSI in report on Friday, August 4 with “Hold” rating. The stock has “Buy” rating by Suntrust Robinson on Monday, December 14.

More notable recent Computer Programs and Systems, Inc. (NASDAQ:CPSI) news were published by: Nasdaq.com which released: “Cerner (CERN) Strong on EHR Prospects, Competition Intense – Nasdaq” on August 23, 2018, also Zacks.com with their article: “Is Computer Programs and Systems (CPSI) a Great Value Stock Right Now? – Zacks.com” published on November 16, 2018, Nasdaq.com published: “CPSI or CERN: Which Is the Better Value Stock Right Now? – Nasdaq” on December 12, 2018. More interesting news about Computer Programs and Systems, Inc. (NASDAQ:CPSI) were released by: Nasdaq.com and their article: “CPSI vs. TRHC: Which Stock Should Value Investors Buy Now? – Nasdaq” published on December 28, 2018 as well as Seekingalpha.com‘s news article titled: “Recent Buy – Computer Programs And Systems – Seeking Alpha” with publication date: February 08, 2015.

Investors sentiment decreased to 1.24 in Q3 2018. Its down 0.76, from 2 in 2018Q2. It dived, as 16 investors sold CPSI shares while 33 reduced holdings. 19 funds opened positions while 42 raised stakes. 12.02 million shares or 3.90% less from 12.51 million shares in 2018Q2 were reported. 3,928 are held by Jpmorgan Chase. Mondrian Inv Partners has invested 0.09% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Bancorporation Of New York Mellon invested in 193,011 shares. Parkside Retail Bank And Trust reported 14 shares. Quantbot Technologies LP has 1,400 shares. Manitoba – Canada-based Great West Life Assurance Co Can has invested 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Moreover, River Road Asset Management Ltd Liability has 0.3% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Parametric Assocs Limited Liability holds 0% or 46,087 shares. Ameriprise Incorporated has 101,667 shares for 0% of their portfolio. Paloma Communication reported 11,400 shares stake. Moreover, Aull & Monroe Invest Corporation has 0.43% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 32,867 shares. Trustmark Bancorporation Tru Department holds 0.12% or 63,553 shares in its portfolio. Comerica Bancorp stated it has 0% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Arizona State Retirement has invested 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Kbc Grp Nv accumulated 23,945 shares.

More notable recent Information Services Group, Inc. (NASDAQ:III) news were published by: Nasdaq.com which released: “UTStarcom Announces Further Investment by Key Shareholder – Nasdaq” on February 13, 2019, also Nasdaq.com with their article: “Brookfield Closes US$15 Billion Global Real Estate Fund – Nasdaq” published on January 31, 2019, Nasdaq.com published: “Lilly/Incyte’s Olumiant Meets Endpoint in Eczema Studies – Nasdaq” on February 05, 2019. More interesting news about Information Services Group, Inc. (NASDAQ:III) were released by: Nasdaq.com and their article: “AC Immune Reports Discontinuation of Phase III CREAD 1 and 2 Studies of Crenezumab in Alzheimer’s Disease – Nasdaq” published on January 30, 2019 as well as Nasdaq.com‘s news article titled: “Avadel Pharmaceuticals Announces Restructuring to Focus on FT218 Clinical Development Program – Nasdaq” with publication date: February 07, 2019.

Among 6 analysts covering Information Services Group (NASDAQ:III), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Information Services Group has $7.0 highest and $5.60 lowest target. $6.22’s average target is 51.34% above currents $4.11 stock price. Information Services Group had 11 analyst reports since August 10, 2015 according to SRatingsIntel. On Monday, November 13 the stock rating was maintained by Noble Financial with “Buy”. The company was maintained on Tuesday, August 8 by Noble Financial. The firm earned “Outperform” rating on Thursday, August 27 by Macquarie Research. Maxim Group maintained the stock with “Buy” rating in Monday, August 10 report. The firm earned “Neutral” rating on Monday, January 18 by Macquarie Research. The rating was downgraded by Macquarie Research to “Neutral” on Friday, January 15. The rating was initiated by Barrington Research on Thursday, August 20 with “Outperform”. On Tuesday, June 6 the stock rating was maintained by Noble Financial with “Buy”. Macquarie Research maintained it with “Outperform” rating and $5.60 target in Wednesday, November 18 report.

Investors sentiment decreased to 2.37 in Q3 2018. Its down 0.03, from 2.4 in 2018Q2. It turned negative, as 5 investors sold III shares while 14 reduced holdings. 17 funds opened positions while 28 raised stakes. 22.73 million shares or 14.25% more from 19.89 million shares in 2018Q2 were reported. Axa reported 187,798 shares. Hillsdale Investment Management reported 4,100 shares stake. Schwab Charles Investment holds 77,872 shares. Tower Rech Capital Limited Company (Trc) invested 0.01% of its portfolio in Information Services Group, Inc. (NASDAQ:III). Parametric Portfolio Assocs Limited Liability Corporation owns 13,096 shares or 0% of their US portfolio. Amer Int Gru Inc holds 22,655 shares. Raymond James And Associate holds 0% or 12,112 shares in its portfolio. Citigroup invested in 68,262 shares. Minerva Advsrs Lc owns 27,294 shares or 0.07% of their US portfolio. Martingale Asset Mngmt Limited Partnership accumulated 0.01% or 119,940 shares. Mcgowan Grp Asset Mgmt has invested 0.05% in Information Services Group, Inc. (NASDAQ:III). Renaissance Tech Ltd Liability invested 0.01% of its portfolio in Information Services Group, Inc. (NASDAQ:III). Geode Management Ltd Liability Corporation holds 252,437 shares or 0% of its portfolio. Wells Fargo Mn holds 0% or 60,487 shares in its portfolio. Bridgeway Capital Mgmt holds 0.01% or 223,300 shares.

Perritt Capital Management Inc, which manages about $709.62M and $333.40 million US Long portfolio, decreased its stake in Luna Innovations Com (NASDAQ:LUNA) by 131,999 shares to 343,200 shares, valued at $1.11M in 2018Q3, according to the filing. It also reduced its holding in Community Healthcare Tr Inc Com by 15,000 shares in the quarter, leaving it with 103,600 shares, and cut its stake in Innerworkings Inc Com (NASDAQ:INWK).

Information Services Group, Inc. (NASDAQ:III) Institutional Positions Chart