First Eagle Investment Management LLC continued to hold its position in shares of Park City Group Inc. (NASDAQ:PCYG) during the third quarter, Holdings Channel reports. The firm owned 268,461 shares of the company’s stock at the end of the third quarter. First Eagle Investment Management LLC’s holdings in Park City Group were worth $3,168,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Teachers Advisors Inc. increased its position in Park City Group by 22.5% in the second quarter. Teachers Advisors Inc. now owns 17,996 shares of the company’s stock worth $161,000 after buying an additional 3,309 shares during the period. California State Teachers Retirement System increased its position in Park City Group by 19.6% in the second quarter. California State Teachers Retirement System now owns 27,100 shares of the company’s stock worth $243,000 after buying an additional 4,437 shares during the period. Wedbush Securities Inc. increased its position in Park City Group by 0.5% in the second quarter. Wedbush Securities Inc. now owns 38,237 shares of the company’s stock worth $343,000 after buying an additional 208 shares during the period. Bank of New York Mellon Corp increased its position in Park City Group by 9.9% in the second quarter. Bank of New York Mellon Corp now owns 40,775 shares of the company’s stock worth $365,000 after buying an additional 3,683 shares during the period. Finally, BlackRock Investment Management LLC increased its position in Park City Group by 15.4% in the second quarter. BlackRock Investment Management LLC now owns 44,273 shares of the company’s stock worth $397,000 after buying an additional 5,905 shares during the period. Institutional investors and hedge funds own 27.89% of the company’s stock.

Institutional Ownership by Quarter for Park City Group (NASDAQ:PCYG)

Park City Group Inc. (NASDAQ:PCYG) traded down 4.26% during trading on Wednesday, reaching $14.60. The company’s stock had a trading volume of 62,443 shares. Park City Group Inc. has a 12 month low of $5.98 and a 12 month high of $15.35. The stock has a market cap of $282.45 million, a PE ratio of 310.64 and a beta of 1.31. The company’s 50-day moving average is $13.64 and its 200-day moving average is $10.90.

Park City Group (NASDAQ:PCYG) last posted its quarterly earnings data on Monday, November 7th. The company reported $0.02 EPS for the quarter. The company had revenue of $4.22 million for the quarter, compared to analyst estimates of $57.56 million. Park City Group had a return on equity of 4.84% and a net margin of 11.16%. Equities analysts expect that Park City Group Inc. will post $0.14 EPS for the current fiscal year.

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A number of research firms have weighed in on PCYG. Arden Partners Ltd reaffirmed a “buy” rating on shares of Park City Group in a research report on Friday, September 23rd. TheStreet raised Park City Group from a “sell” rating to a “hold” rating in a research report on Friday, September 23rd.

Park City Group Company Profile

Park City Group, Inc is a software-as-a-service (SaaS) provider. The Company delivers its services through software products designed, developed, marketed and supported by the Company. The Company also has a Professional Services business, which conducts customization, implementation and training. The Company has approximately two services groups, such as The Business Analytics Group and The Professional Services Group.

5 Day Chart for NASDAQ:PCYG

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