Fmr LLC trimmed its position in Park City Group, Inc. (NASDAQ:PCYG) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,253,698 shares of the technology company’s stock after selling 3,993 shares during the quarter. Fmr LLC owned about 6.46% of Park City Group worth $15,232,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of PCYG. Bank of New York Mellon Corp boosted its holdings in Park City Group by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 42,095 shares of the technology company’s stock valued at $520,000 after purchasing an additional 1,929 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Park City Group by 15.9% in the 1st quarter. Vanguard Group Inc. now owns 480,981 shares of the technology company’s stock valued at $5,940,000 after purchasing an additional 65,990 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Park City Group by 7.8% in the 1st quarter. Geode Capital Management LLC now owns 115,115 shares of the technology company’s stock valued at $1,421,000 after purchasing an additional 8,310 shares during the last quarter. UBS Group AG boosted its holdings in Park City Group by 30.2% in the 1st quarter. UBS Group AG now owns 53,594 shares of the technology company’s stock valued at $661,000 after purchasing an additional 12,441 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in Park City Group in the 1st quarter valued at about $1,082,000. Institutional investors own 28.94% of the company’s stock.

Shares of Park City Group, Inc. (PCYG) opened at 10.85 on Friday. Park City Group, Inc. has a 1-year low of $10.67 and a 1-year high of $17.00. The stock has a 50 day moving average of $11.90 and a 200-day moving average of $12.34. The stock has a market capitalization of $210.74 million, a P/E ratio of 72.33 and a beta of 1.45.

Park City Group (NASDAQ:PCYG) last released its earnings results on Wednesday, September 13th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.02). Park City Group had a return on equity of 11.50% and a net margin of 19.95%. The company had revenue of $5.19 million during the quarter, compared to analyst estimates of $5.03 million. Equities research analysts predict that Park City Group, Inc. will post $0.26 earnings per share for the current fiscal year.

Several equities analysts have weighed in on PCYG shares. DA Davidson started coverage on shares of Park City Group in a report on Wednesday, September 6th. They issued a “buy” rating and a $15.00 target price on the stock. Loop Capital started coverage on shares of Park City Group in a report on Wednesday, August 2nd. They issued a “buy” rating and a $18.00 target price on the stock.

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Park City Group 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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