Ridgewood Investments LLC lifted its position in shares of Autoweb Inc (NASDAQ:AUTO) by 20.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,615 shares of the information services provider’s stock after purchasing an additional 5,000 shares during the quarter. Ridgewood Investments LLC’s holdings in Autoweb were worth $73,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Renaissance Technologies LLC grew its holdings in shares of Autoweb by 5.3% during the 2nd quarter. Renaissance Technologies LLC now owns 407,590 shares of the information services provider’s stock worth $1,447,000 after purchasing an additional 20,400 shares in the last quarter. Institutional investors and hedge funds own 19.70% of the company’s stock.
Autoweb stock opened at $2.51 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market capitalization of $32.99 million, a PE ratio of -2.28 and a beta of 0.16. Autoweb Inc has a one year low of $1.91 and a one year high of $5.00. The business has a 50 day simple moving average of $2.58 and a 200 day simple moving average of $2.76.
Autoweb (NASDAQ:AUTO) last posted its earnings results on Thursday, November 7th. The information services provider reported ($0.15) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.02. The business had revenue of $28.55 million during the quarter, compared to the consensus estimate of $29.40 million. Autoweb had a negative return on equity of 49.28% and a negative net margin of 14.50%. Equities analysts anticipate that Autoweb Inc will post -0.63 earnings per share for the current fiscal year.
AUTO has been the topic of several recent research reports. Zacks Investment Research lowered Autoweb from a “hold” rating to a “sell” rating in a report on Tuesday, January 7th. ValuEngine upgraded Autoweb from a “hold” rating to a “buy” rating in a research report on Friday, October 25th. Finally, Barrington Research restated a “hold” rating on shares of Autoweb in a research report on Tuesday, November 5th.
AutoWeb, Inc operates as a digital marketing company for the automotive industry in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its programs. The company's products include new vehicle lead program, which allows consumers to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, which allows consumers to search for used vehicles according to search parameters, such as price, make, model, mileage, year, and location of the vehicle.
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