Cwm LLC Sells 147,551 Shares of Momentive Global Inc. (NASDAQ:MNTV)

Cwm LLC reduced its stake in shares of Momentive Global Inc. (NASDAQ:MNTVGet Rating) by 92.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,345 shares of the company’s stock after selling 147,551 shares during the quarter. Cwm LLC’s holdings in Momentive Global were worth $66,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its holdings in shares of Momentive Global by 339.6% during the second quarter. Nisa Investment Advisors LLC now owns 4,660 shares of the company’s stock worth $41,000 after purchasing an additional 3,600 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Momentive Global by 11,390.9% during the second quarter. Captrust Financial Advisors now owns 6,320 shares of the company’s stock worth $56,000 after purchasing an additional 6,265 shares during the period. Steph & Co. boosted its holdings in shares of Momentive Global by 23.0% during the second quarter. Steph & Co. now owns 8,581 shares of the company’s stock worth $76,000 after purchasing an additional 1,607 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of Momentive Global during the first quarter worth about $82,000. Finally, Point72 Hong Kong Ltd boosted its holdings in shares of Momentive Global by 114.7% during the first quarter. Point72 Hong Kong Ltd now owns 6,409 shares of the company’s stock worth $104,000 after purchasing an additional 3,424 shares during the period. 77.56% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Momentive Global news, insider Rebecca Cantieri sold 5,285 shares of the firm’s stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $8.07, for a total value of $42,649.95. Following the completion of the sale, the insider now directly owns 188,389 shares in the company, valued at $1,520,299.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Momentive Global news, insider Rebecca Cantieri sold 5,285 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $8.07, for a total transaction of $42,649.95. Following the completion of the transaction, the insider now owns 188,389 shares of the company’s stock, valued at $1,520,299.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Priyanka Carr sold 9,176 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $8.07, for a total transaction of $74,050.32. Following the transaction, the chief operating officer now directly owns 254,148 shares of the company’s stock, valued at approximately $2,050,974.36. The disclosure for this sale can be found here. Insiders sold 36,004 shares of company stock worth $291,274 over the last three months. Company insiders own 17.70% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Credit Suisse Group dropped their target price on shares of Momentive Global from $16.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, November 4th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Momentive Global presently has an average rating of “Moderate Buy” and a consensus target price of $15.25.

Momentive Global Stock Performance

Shares of MNTV opened at $7.20 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.83 and a quick ratio of 0.83. Momentive Global Inc. has a one year low of $5.14 and a one year high of $18.48. The company has a 50-day simple moving average of $7.38 and a two-hundred day simple moving average of $7.45. The firm has a market capitalization of $1.07 billion, a PE ratio of -8.37 and a beta of 1.50.

Momentive Global (NASDAQ:MNTVGet Rating) last issued its quarterly earnings data on Thursday, November 3rd. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.01. Momentive Global had a negative net margin of 26.84% and a negative return on equity of 37.13%. The business had revenue of $121.38 million during the quarter, compared to analyst estimates of $120.50 million. On average, analysts anticipate that Momentive Global Inc. will post -0.52 EPS for the current fiscal year.

Momentive Global Company Profile

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Momentive Global Inc provides Software-as-a-Service solutions that help businesses turn stakeholder feedback into action in the United States and internationally. It offers survey software products under the SurveyMonkey brand, that enable customers to listen and take action on stakeholder feedback; GetFeedback CX platform, which enables companies to leverage in-the-moment customer feedback to engage and retain their customers; GetFeedback Essentials provides companies the tools to launch customer experience programs quickly by gathering feedback via email and across their websites, analyzing it in one place, and integrating with their Salesforce CRM platform; GetFeedback Pro, includes the Essentials features and adds feedback collection channels, advanced analytics, automation, and additional pre-built integrations; and GetFeedback Ultimate, comprises the GetFeedback Pro features and adds mobile apps as a feedback collection channel and enables single sign-on.

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Institutional Ownership by Quarter for Momentive Global (NASDAQ:MNTV)

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