The Founder & Executive Chairman of Ellie Mae Inc (NYSE: ELLI) is Selling SharesBy Carrie Williams
In addition to Sigmund Anderman, 26 other ELLI executives reported Sell trades in the last month. Over the last month, Sigmund Anderman has reported another 4 Sell trades on ELLI for a total of $2.64M.
Based on Ellie Mae Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $96.18 million and quarterly net profit of $10.9 million. In comparison, last year the company earned revenue of $64.87 million and had a net profit of $4.82 million. The company has a one year high of $109.99 and a one year low of $74.11. ELLI’s market cap is $3.35B and the company has a P/E ratio of 87.35.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $116.00, reflecting a -15.1% downside.
The insider sentiment on Ellie Mae Inc has been negative according to 113 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Ellie Mae, Inc. engages in the provision of software solutions and services for the residential mortgage industry. The firm offers Encompass implementation services, professional consulting services, Encompass education and certification, technical support, and client resource center. Its Encompass software offers customer relationship management; loan processing; underwriting; preparation of mortgage applications, disclosure agreements, and closing documents; funding and closing the loan for the borrower; compliance with regulatory and investor requirements and overall enterprise management that provides one system of record for loans. was founded by Limin Hu and Sigmund Anderman in August 1997 and is headquartered in Pleasanton, CA.