UBS Group AG increased its stake in shares of Park City Group, Inc. (NASDAQ:PCYG) by 30.2% during the first quarter, according to its most recent filing with the SEC. The fund owned 53,594 shares of the technology company’s stock after buying an additional 12,441 shares during the period. UBS Group AG owned 0.28% of Park City Group worth $661,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of PCYG. Bank of New York Mellon Corp raised its stake in shares of Park City Group by 4.8% in the first quarter. Bank of New York Mellon Corp now owns 42,095 shares of the technology company’s stock valued at $520,000 after buying an additional 1,929 shares during the period. Wedbush Securities Inc. increased its position in shares of Park City Group by 45.0% in the first quarter. Wedbush Securities Inc. now owns 87,174 shares of the technology company’s stock valued at $1,077,000 after buying an additional 27,049 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Park City Group by 7.8% in the first quarter. Geode Capital Management LLC now owns 115,115 shares of the technology company’s stock valued at $1,421,000 after buying an additional 8,310 shares in the last quarter. State Street Corp increased its position in shares of Park City Group by 11.1% in the fourth quarter. State Street Corp now owns 150,399 shares of the technology company’s stock valued at $1,909,000 after buying an additional 15,065 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Park City Group by 15.9% in the first quarter. Vanguard Group Inc. now owns 480,981 shares of the technology company’s stock valued at $5,940,000 after buying an additional 65,990 shares in the last quarter. Institutional investors and hedge funds own 31.47% of the company’s stock.

Shares of Park City Group, Inc. (NASDAQ:PCYG) traded up 1.22% on Friday, reaching $12.45. The company’s stock had a trading volume of 42,852 shares. The company has a market capitalization of $241.68 million, a price-to-earnings ratio of 98.03 and a beta of 1.39. The company’s 50-day moving average is $12.81 and its 200 day moving average is $12.92. Park City Group, Inc. has a 12-month low of $9.05 and a 12-month high of $17.00.

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Separately, Loop Capital initiated coverage on Park City Group in a research note on Wednesday, August 2nd. They issued a “buy” rating and a $18.00 target price for the company.

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.

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

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