Needham & Company LLC reissued their hold rating on shares of MaxPoint Interactive Inc. (NASDAQ:MXPT) in a research note released on Friday.

A number of other brokerages also recently commented on MXPT. Zacks Investment Research downgraded MaxPoint Interactive from a buy rating to a hold rating in a research report on Wednesday, July 20th. Pacific Crest reaffirmed a hold rating on shares of MaxPoint Interactive in a research report on Wednesday, August 10th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $5.75.

Shares of MaxPoint Interactive (NASDAQ:MXPT) opened at 8.80 on Friday. The firm’s market cap is $58.12 million. The firm has a 50-day moving average price of $8.85 and a 200-day moving average price of $9.60. MaxPoint Interactive has a 52-week low of $4.64 and a 52-week high of $17.00.

An institutional investor recently raised its position in MaxPoint Interactive stock. Panagora Asset Management Inc. boosted its stake in shares of MaxPoint Interactive Inc. (NASDAQ:MXPT) by 195.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,642 shares of the company’s stock after buying an additional 7,042 shares during the period. Panagora Asset Management Inc. owned approximately 0.16% of MaxPoint Interactive worth $115,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 14.71% of the company’s stock.

MaxPoint Interactive Company Profile

MaxPoint Interactive, Inc is a marketing technology company. The Company provides business intelligence and marketing automation solution. The Company’s MaxPoint Intelligence Platform is a cloud-based software service that enables to predict local demand for national brands based on consumers’ purchase power and intent and manage customized digital advertisements containing in-store offers and promotions to reach consumers at a local level across display, mobile, social and video channels.

5 Day Chart for NASDAQ:MXPT

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