Servicesource International Inc (NASDAQ:SREV) saw unusually-high trading volume on Tuesday . Approximately 743,422 shares were traded during trading, an increase of 48% from the previous session’s volume of 501,756 shares.The stock last traded at $1.04 and had previously closed at $1.00.

A number of equities analysts recently weighed in on SREV shares. ValuEngine upgraded shares of Servicesource International from a “hold” rating to a “buy” rating in a report on Monday, February 4th. B. Riley set a $2.00 price objective on shares of Servicesource International and gave the stock a “buy” rating in a report on Friday, February 15th. Finally, Zacks Investment Research lowered shares of Servicesource International from a “hold” rating to a “strong sell” rating in a report on Thursday, February 21st. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The company presently has a consensus rating of “Sell” and an average price target of $1.25.

The firm has a market capitalization of $97.04 million, a price-to-earnings ratio of -24.50 and a beta of 1.79. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.32.

Servicesource International (NASDAQ:SREV) last announced its quarterly earnings data on Wednesday, May 8th. The technology company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. Servicesource International had a negative net margin of 8.06% and a negative return on equity of 4.20%. The company had revenue of $55.51 million during the quarter, compared to analyst estimates of $53.16 million. On average, analysts forecast that Servicesource International Inc will post -0.14 EPS for the current year.

In other news, CEO Gary B. Moore acquired 100,000 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The stock was bought at an average cost of $0.98 per share, for a total transaction of $98,000.00. Following the acquisition, the chief executive officer now directly owns 806,198 shares in the company, valued at $790,074.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John R. Ferron acquired 75,000 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was purchased at an average price of $0.97 per share, with a total value of $72,750.00. Following the completion of the acquisition, the director now owns 150,000 shares in the company, valued at $145,500. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 275,000 shares of company stock valued at $267,750. 9.30% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fiduciary Trust Co. purchased a new stake in Servicesource International during the 1st quarter valued at $31,000. Blair William & Co. IL purchased a new stake in Servicesource International during the 1st quarter valued at $44,000. SG Americas Securities LLC purchased a new stake in Servicesource International during the 4th quarter valued at $48,000. Brandywine Managers LLC purchased a new stake in Servicesource International during the 4th quarter valued at $82,000. Finally, Hamilton Lane Advisors LLC purchased a new stake in Servicesource International during the 4th quarter valued at $98,000. Institutional investors own 66.15% of the company’s stock.

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Servicesource International Company Profile (NASDAQ:SREV)

ServiceSource International, Inc operates as a digital customer journey experience company. Its solutions include lead generation, inside sales, outsourced sales operations, customer onboarding, customer success management, cross-sell and upsell, warranty conversion, account-based marketing, and channel recruitment and enablement, as well as renewals management services, such as the sale of maintenance and support service contracts for the products used by its clients' end-users.

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