Paycom Software, Inc. (PAYC) Is At $107.29 Formed Wedge; Entercom Communications (ETM) Has 7.95 Sentiment

Entercom Communications Corp. (NYSE:ETM) Logo

Paycom Software, Inc. (PAYC) formed wedge up with $116.95 target or 9.00% above today’s $107.29 share price. Paycom Software, Inc. (PAYC) has $6.21 billion valuation. The stock increased 2.06% or $2.17 during the last trading session, reaching $107.29. About 590,952 shares traded. Paycom Software, Inc. (NYSE:PAYC) has risen 92.63% since May 5, 2017 and is uptrending. It has outperformed by 81.08% the S&P500.

Entercom Communications Corp (ETM) investors sentiment increased to 7.95 in 2017 Q4. It’s up 6.45, from 1.5 in 2017Q3. The ratio increased, as 159 active investment managers increased and opened new equity positions, while 20 decreased and sold holdings in Entercom Communications Corp. The active investment managers in our database now possess: 222.30 million shares, up from 25.83 million shares in 2017Q3. Also, the number of active investment managers holding Entercom Communications Corp in top ten equity positions increased from 2 to 4 for an increase of 2. Sold All: 9 Reduced: 11 Increased: 67 New Position: 92.

Among 19 analysts covering Paycom Software (NYSE:PAYC), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Paycom Software had 71 analyst reports since August 5, 2015 according to SRatingsIntel. Oppenheimer initiated the stock with “Outperform” rating in Friday, December 2 report. The firm earned “Buy” rating on Friday, October 6 by Jefferies. The stock of Paycom Software, Inc. (NYSE:PAYC) earned “Neutral” rating by Credit Suisse on Wednesday, February 7. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Overweight” rating given on Tuesday, March 13 by KeyBanc Capital Markets. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Buy” rating given on Thursday, September 21 by Northland Capital. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 3. The rating was downgraded by Barclays Capital to “Equal-Weight” on Thursday, April 12. The stock has “Overweight” rating by Barclays Capital on Friday, July 15. Bank of America maintained the shares of PAYC in report on Wednesday, February 7 with “Buy” rating. As per Wednesday, May 2, the company rating was maintained by Credit Suisse.

Since January 1, 0001, it had 7 insider buys, and 0 selling transactions for $23.89 million activity.

Venator Capital Management Ltd. holds 12.34% of its portfolio in Entercom Communications Corp. for 1.34 million shares. Mcclain Value Management Llc owns 381,893 shares or 5.45% of their US portfolio. Moreover, Fny Managed Accounts Llc has 4.62% invested in the company for 466,794 shares. The New York-based Harber Asset Management Llc has invested 3.07% in the stock. Weber Alan W, a New York-based fund reported 475,406 shares.

The stock increased 3.48% or $0.35 during the last trading session, reaching $10.4. About 1.42M shares traded. Entercom Communications Corp. (ETM) has declined 31.27% since May 5, 2017 and is downtrending. It has underperformed by 42.82% the S&P500.

Entercom Communications Corp. operates as a radio broadcasting firm in the United States. The company has market cap of $1.44 billion. The firm owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. It has a 2.37 P/E ratio. As of February 22, 2017, it had 126 stations in 28 markets.

Entercom Communications Corp. (NYSE:ETM) Institutional Positions Chart