Cowen Inc Class A (COWN) Given Coverage Optimism Score of 0.12
News articles about Cowen Inc Class A (NASDAQ:COWN) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cowen Inc Class A earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.0100716280441 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several research firms have issued reports on COWN. ValuEngine lowered shares of Cowen Inc Class A from a “hold” rating to a “sell” rating in a research report on Friday, June 29th. BidaskClub lowered shares of Cowen Inc Class A from a “hold” rating to a “sell” rating in a research report on Saturday, June 30th. Finally, Sandler O’Neill began coverage on shares of Cowen Inc Class A in a research report on Friday, May 18th. They set a “buy” rating and a $19.00 price target on the stock.
NASDAQ COWN traded up $0.05 on Friday, hitting $14.85. 6,611 shares of the stock were exchanged, compared to its average volume of 276,164. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.17. Cowen Inc Class A has a 52 week low of $11.63 and a 52 week high of $18.25. The firm has a market capitalization of $451.54 million, a P/E ratio of 10.44 and a beta of 1.19.
In other Cowen Inc Class A news, Director Peter A. Cohen sold 4,000 shares of the company’s stock in a transaction on Monday, June 11th. The shares were sold at an average price of $15.18, for a total value of $60,720.00. Following the transaction, the director now directly owns 701,595 shares in the company, valued at $10,650,212.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Peter A. Cohen sold 3,000 shares of the company’s stock in a transaction on Friday, June 8th. The shares were sold at an average price of $15.15, for a total transaction of $45,450.00. Following the completion of the transaction, the director now owns 701,595 shares in the company, valued at $10,629,164.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 24,680 shares of company stock worth $373,829. Corporate insiders own 5.70% of the company’s stock.
Cowen Inc Class A Company Profile
Cowen Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets.
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