Sentiment for Marchex Inc (NASDAQ:MCHX)
Marchex Inc (NASDAQ:MCHX) institutional sentiment increased to 1.19 in 2018 Q4. Its up 0.48, from 0.71 in 2018Q3. The ratio has increased, as 31 funds increased or opened new equity positions, while 26 reduced and sold their positions in Marchex Inc. The funds in our partner’s database now hold: 20.01 million shares, up from 19.60 million shares in 2018Q3. Also, the number of funds holding Marchex Inc in their top 10 equity positions increased from 2 to 3 for an increase of 1. Sold All: 7 Reduced: 19 Increased: 17 New Position: 14.
Marchex, Inc. operates as a mobile advertising analytics company. The company has market cap of $194.57 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 1.29% or $0.06 during the last trading session, reaching $4.7. About 274,015 shares traded or 31.01% up from the average. Marchex, Inc. (NASDAQ:MCHX) has risen 57.52% since March 17, 2018 and is uptrending. It has outperformed by 53.15% the S&P500.
Analysts await Marchex, Inc. (NASDAQ:MCHX) to report earnings on May, 2. They expect $-0.01 earnings per share, up 50.00 % or $0.01 from last year’s $-0.02 per share. After $0.01 actual earnings per share reported by Marchex, Inc. for the previous quarter, Wall Street now forecasts -200.00 % negative EPS growth.
Roumell Asset Management Llc holds 7.38% of its portfolio in Marchex, Inc. for 1.35 million shares. Harbert Fund Advisors Inc. owns 2.00 million shares or 5.4% of their US portfolio. Moreover, P.A.W. Capital Corp has 4.07% invested in the company for 1.22 million shares. The New York-based S Squared Technology Llc has invested 2.48% in the stock. Winslow Asset Management Inc, a Ohio-based fund reported 980,036 shares.
Since January 1, 0001, it had 8 insider buys, and 0 selling transactions for $2.18 million activity.
More notable recent Marchex, Inc. (NASDAQ:MCHX) news were published by: Businesswire.com which released: “Marchex Announces Accuracy Enhancements to Best-in-Class Conversation Analytics – Business Wire” on October 24, 2017, also Seekingalpha.com with their article: “Marchex Acquires Callcap For Call Monitoring And Market Reach – Seeking Alpha” published on November 30, 2018, Businesswire.com published: “Marchex Institute Study Finds Hotel and Cruise Industries Lose Significant Volume of Customers Due to Poor Call Handling – Business Wire” on July 24, 2018. More interesting news about Marchex, Inc. (NASDAQ:MCHX) were released by: Businesswire.com and their article: “Marchex Announces Fourth Quarter and Full Year 2017 Results – Business Wire” published on February 15, 2018 as well as Seekingalpha.com‘s news article titled: “Marchex Acquires Telmetrics For Call Center Analytics – Seeking Alpha” with publication date: November 09, 2018.