eGain (NASDAQ:EGAN) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

eGain Corporation (NASDAQ:EGAN)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.72 and traded as high as $10.90. eGain shares last traded at $10.63, with a volume of 152,086 shares traded.

Analyst Upgrades and Downgrades

EGAN has been the topic of several research reports. Zacks Research lowered eGain from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “hold (c+)” rating on shares of eGain in a research report on Friday, January 9th. Roth Mkm reiterated a “buy” rating and set a $20.00 price target (up previously from $10.00) on shares of eGain in a research report on Thursday, November 13th. B. Riley initiated coverage on shares of eGain in a research note on Friday. They set a “neutral” rating and a $10.50 price target for the company. Finally, Wall Street Zen raised shares of eGain from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $15.25.

eGain Trading Up 0.9%

The company has a 50 day moving average of $10.44 and a 200 day moving average of $9.72. The firm has a market cap of $287.54 million, a price-to-earnings ratio of 8.64 and a beta of 0.81.

eGain (NASDAQ:EGAN) last posted its earnings results on Wednesday, November 12th. The technology company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.06. The firm had revenue of $23.51 million during the quarter, compared to analysts’ expectations of $23.22 million. eGain had a return on equity of 10.05% and a net margin of 38.19%.eGain has set its Q2 2026 guidance at 0.070-0.080 EPS and its FY 2026 guidance at 0.290-0.340 EPS. Equities analysts forecast that eGain Corporation will post 0.05 EPS for the current fiscal year.

Insider Activity

In other news, CFO Eric Smit sold 5,000 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $14.44, for a total transaction of $72,200.00. Following the completion of the sale, the chief financial officer owned 129,187 shares of the company’s stock, valued at $1,865,460.28. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 38.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On eGain

A number of large investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in shares of eGain by 29.3% in the third quarter. BNP Paribas Financial Markets now owns 6,317 shares of the technology company’s stock valued at $55,000 after purchasing an additional 1,432 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in eGain in the 3rd quarter valued at approximately $106,000. Citadel Advisors LLC bought a new stake in eGain in the 3rd quarter valued at approximately $130,000. Ritholtz Wealth Management acquired a new position in eGain during the 2nd quarter worth approximately $194,000. Finally, Jane Street Group LLC grew its stake in shares of eGain by 53.7% during the 1st quarter. Jane Street Group LLC now owns 47,726 shares of the technology company’s stock worth $231,000 after acquiring an additional 16,678 shares in the last quarter. Institutional investors own 53.94% of the company’s stock.

About eGain

eGain Incorporated (NASDAQ: EGAN) is a software company specializing in cloud-based customer engagement solutions. Its platform integrates knowledge management, analytics, and artificial intelligence to help organizations streamline customer service across digital channels. By centralizing information and automating routine interactions, eGain aims to improve agent productivity, reduce response times, and deliver consistent customer experiences.

The company’s product suite includes tools for knowledge authoring and delivery, AI-powered chatbots, case management, and predictive analytics.