How Analysts Feel About CalAmp Corp. (NASDAQ:CAMP)?

January 15, 2018 - By Hazel Jackson

 How Analysts Feel About CalAmp Corp. (NASDAQ:CAMP)?
Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.17, from 1.24 in 2017Q2. It turned negative, as 6 investors sold CalAmp Corp. shares while 48 reduced holdings. 20 funds opened positions while 38 raised stakes. 24.25 million shares or 0.10% less from 24.28 million shares in 2017Q2 were reported.
Mcf Advsrs Llc holds 0% or 1,000 shares. 104,101 were accumulated by Eam Investors Ltd Liability Company. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. Goldman Sachs Grp reported 0% in CalAmp Corp. (NASDAQ:CAMP). Mason Street Advisors Limited Liability Corp has 8,965 shares for 0.01% of their portfolio. Jpmorgan Chase Co holds 0% of its portfolio in CalAmp Corp. (NASDAQ:CAMP) for 332,078 shares. Van Hulzen Asset Mgmt Limited Liability Co reported 0.12% of its portfolio in CalAmp Corp. (NASDAQ:CAMP). First Mercantile Tru, a Tennessee-based fund reported 9,921 shares. Moreover, Vanguard has 0% invested in CalAmp Corp. (NASDAQ:CAMP) for 2.01M shares. Vertex One Asset Inc reported 0.85% in CalAmp Corp. (NASDAQ:CAMP). Hanseatic Mgmt Inc holds 39 shares. Ny State Teachers Retirement System accumulated 0% or 16,243 shares. Moreover, Quantitative Inv Management Ltd Liability has 0.01% invested in CalAmp Corp. (NASDAQ:CAMP) for 54,900 shares. Moreover, California Pub Employees Retirement Systems has 0.02% invested in CalAmp Corp. (NASDAQ:CAMP) for 566,400 shares. Royal Comml Bank Of Canada accumulated 165,077 shares or 0% of the stock.

Since October 3, 2017, it had 0 insider purchases, and 5 sales for $1.28 million activity. On Monday, October 23 Alexy Kimberly sold $565,450 worth of CalAmp Corp. (NASDAQ:CAMP) or 25,000 shares. Burdiek Michael J sold 9,000 shares worth $215,910.

CalAmp Corp. (NASDAQ:CAMP) Ratings Coverage

Among 12 analysts covering CalAmp (NASDAQ:CAMP), 6 have Buy rating, 2 Sell and 4 Hold. Therefore 50% are positive. CalAmp had 28 analyst reports since December 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Thursday, September 28. The rating was initiated by J.P. Morgan on Monday, August 28 with “Hold”. Northland Capital maintained CalAmp Corp. (NASDAQ:CAMP) on Tuesday, September 5 with “Buy” rating. The rating was downgraded by Aegis Capital on Monday, October 3 to “Hold”. The rating was downgraded by Sidoti to “Neutral” on Tuesday, March 22. As per Monday, December 7, the company rating was initiated by Chardan Capital Markets. J.P. Morgan downgraded CalAmp Corp. (NASDAQ:CAMP) rating on Wednesday, October 4. J.P. Morgan has “Sell” rating and $22.0 target. The company was upgraded on Monday, May 9 by Sidoti. The rating was maintained by First Analysis with “Overweight” on Monday, August 15. The stock of CalAmp Corp. (NASDAQ:CAMP) has “Neutral” rating given on Monday, October 31 by Macquarie Research. Below is a list of CalAmp Corp. (NASDAQ:CAMP) latest ratings and price target changes.

21/12/2017 Broker: Canaccord Genuity Rating: Buy New Target: $27.0 Maintain
19/12/2017 Broker: FBR Capital Rating: Buy New Target: $28.0
12/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $26.0 Maintain
03/11/2017 Broker: Northland Capital Rating: Buy New Target: $25.0 Maintain
04/10/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Old Target: $20 Downgrade
04/10/2017 Broker: J.P. Morgan Rating: Sell New Target: $22.0 Downgrade
29/09/2017 Broker: Northland Capital Rating: Buy New Target: $25.0 Maintain
29/09/2017 Broker: Craig Hallum Rating: Buy New Target: $25.0 Maintain
28/09/2017 Broker: Canaccord Genuity Rating: Buy New Target: $26.0 Maintain
18/09/2017 Broker: Northland Capital Rating: Buy New Target: $24.0 Maintain

The stock increased 1.12% or $0.26 during the last trading session, reaching $23.41. About 378,639 shares traded or 25.39% up from the average. CalAmp Corp. (NASDAQ:CAMP) has risen 30.70% since January 15, 2017 and is uptrending. It has outperformed by 14.00% the S&P500.

CalAmp Corp. provides Internet of Things enablement solutions for various mobile and fixed applications worldwide. The company has market cap of $833.97 million. The firm provides solutions for mobile resource management and applications for the IoT market, which enable clients in the transportation, government, construction, automotive, and energy markets to optimize their activities by collecting, monitoring, and reporting business-critical data and desired intelligence from remote and mobile assets. It has a 49.39 P/E ratio. It also offers a portfolio of wireless communications products, such as asset tracking devices, mobile telemetry units, fixed and mobile wireless gateways, and multi-mode wireless routers; and cloud telematics software-as-a-service and platform-as-a-service applications.

More notable recent CalAmp Corp. (NASDAQ:CAMP) news were published by: Fool.com which released: “Is CalAmp Corp. a Buy After Post-Earnings Sell-Off?” on January 05, 2018, also Fool.com with their article: “Why First Majestic Silver, Siebert Financial, and CalAmp Slumped Today” published on December 22, 2017, Fool.com published: “Where Will CalAmp Corp. Be in 5 Years?” on December 30, 2017. More interesting news about CalAmp Corp. (NASDAQ:CAMP) were released by: Fool.com and their article: “5 Things CalAmp Management Wants You to Know” published on December 29, 2017 as well as Fool.com‘s news article titled: “CalAmp Delivers a Quarterly Beat on Telematics Strength” with publication date: December 21, 2017.

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