Swiss National Bank Has $860,000 Position in SciQuest, Inc. (SQI)
Swiss National Bank maintained its stake in shares of SciQuest, Inc. (NASDAQ:SQI) during the second quarter, Holdings Channel reports. The fund owned 48,688 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned 0.18% of SciQuest worth $860,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. DUPONT CAPITAL MANAGEMENT Corp acquired a new position in SciQuest during the second quarter worth approximately $496,000. Algert Global LLC raised its position in shares of SciQuest by 7.3% in the first quarter. Algert Global LLC now owns 36,343 shares of the company’s stock worth $504,000 after buying an additional 2,474 shares during the period. Friess Associates LLC raised its position in shares of SciQuest by 5.5% in the first quarter. Friess Associates LLC now owns 47,470 shares of the company’s stock worth $659,000 after buying an additional 2,470 shares during the period. BlackRock Group LTD raised its position in shares of SciQuest by 5.2% in the first quarter. BlackRock Group LTD now owns 71,611 shares of the company’s stock worth $993,000 after buying an additional 3,527 shares during the period. Finally, Dalton Greiner Hartman Maher & Co. raised its position in shares of SciQuest by 25.5% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 98,947 shares of the company’s stock worth $1,747,000 after buying an additional 20,092 shares during the period.
SciQuest, Inc. (NASDAQ:SQI) traded up 0.000% during mid-day trading on Friday, reaching $17.745. SciQuest, Inc. has a 52-week low of $9.49 and a 52-week high of $17.81. The stock has a 50-day moving average of $17.68 and a 200 day moving average of $14.48.
Separately, Raymond James Financial Inc. lowered shares of SciQuest from an “outperform” rating to a “market perform” rating and set a $19.50 price target on the stock. in a research note on Friday, June 24th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $17.08.
SciQuest, Inc is a United States-based public provider of spend management solutions. The Company’s offers a range of solutions, such as Spend Director, Spend Radar, Sourcing Director, Advanced Sourcing Optimizer, Total Contract Manager, Total Supplier Manager, Enterprise Reagent Manager, Accounts Payable Director, Supplier Network and Portfolio Savings Manager.
Want to see what other hedge funds are holding SQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SciQuest, Inc. (NASDAQ:SQI).
Receive News & Ratings for SciQuest Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SciQuest Inc. and related companies with MarketBeat.com's FREE daily email newsletter.