Guidance Software Inc. (NASDAQ:GUID) was up 2.6% during trading on Monday . The company traded as high as $6.41 and last traded at $6.22, with a volume of 64,742 shares. The stock had previously closed at $6.06.

A number of equities research analysts recently commented on GUID shares. B. Riley reaffirmed a “buy” rating and set a $8.00 target price on shares of Guidance Software in a report on Thursday, March 17th. Benchmark Co. lifted their target price on Guidance Software from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Friday, May 6th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $6.63.

The company’s market capitalization is $181.61 million. The firm’s 50-day moving average is $5.99 and its 200 day moving average is $5.15.

Guidance Software (NASDAQ:GUID) last released its quarterly earnings data on Thursday, May 5th. The company reported ($0.08) earnings per share for the quarter, meeting the consensus estimate of ($0.08). During the same period in the previous year, the business earned ($0.06) earnings per share. The firm earned $25.80 million during the quarter, compared to analysts’ expectations of $25.55 million. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, equities analysts predict that Guidance Software Inc. will post ($0.33) EPS for the current year.

In related news, CEO Patrick Dennis sold 12,412 shares of the firm’s stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $4.92, for a total value of $61,067.04. Following the completion of the transaction, the chief executive officer now directly owns 402,053 shares of the company’s stock, valued at approximately $1,978,100.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

An institutional investor recently bought a new position in Guidance Software stock. Penserra Capital Management LLC purchased a new stake in Guidance Software Inc. (NASDAQ:GUID) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,284,516 shares of the company’s stock, valued at approximately $7,733,000. Guidance Software accounts for approximately 0.7% of Penserra Capital Management LLC’s portfolio, making the stock its 29th largest position. Penserra Capital Management LLC owned 4.56% of Guidance Software as of its most recent SEC filing.

Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.

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