eGain (NASDAQ:EGAN) Stock Crosses Above 200 Day Moving Average – Should You Sell?

eGain Corporation (NASDAQ:EGANGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.34 and traded as high as $11.31. eGain shares last traded at $11.13, with a volume of 247,237 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have commented on EGAN. Weiss Ratings reiterated a “hold (c+)” rating on shares of eGain in a research note on Tuesday, October 14th. Roth Capital reaffirmed a “buy” rating and set a $20.00 price target (up from $10.00) on shares of eGain in a research report on Thursday, November 13th. Wall Street Zen raised eGain from a “hold” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Zacks Research lowered eGain from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, eGain presently has a consensus rating of “Moderate Buy” and an average target price of $15.00.

View Our Latest Stock Report on eGain

eGain Price Performance

The firm has a market capitalization of $296.74 million, a PE ratio of 8.92 and a beta of 0.81. The company’s fifty day simple moving average is $11.20 and its 200 day simple moving average is $9.39.

eGain (NASDAQ:EGANGet Free Report) last posted its earnings results on Wednesday, November 12th. The technology company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.06. The firm had revenue of $23.51 million during the quarter, compared to the consensus estimate of $23.22 million. eGain had a net margin of 38.19% and a return on equity of 10.05%. eGain has set its Q2 2026 guidance at 0.070-0.080 EPS and its FY 2026 guidance at 0.290-0.340 EPS. On average, analysts anticipate that eGain Corporation will post 0.05 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Eric Smit sold 5,000 shares of eGain stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $14.44, for a total value of $72,200.00. Following the completion of the transaction, the chief financial officer directly owned 129,187 shares in the company, valued at approximately $1,865,460.28. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 38.70% of the stock is currently owned by corporate insiders.

Institutional Trading of eGain

Several institutional investors and hedge funds have recently modified their holdings of EGAN. BNP Paribas Financial Markets grew its stake in shares of eGain by 29.3% in the third quarter. BNP Paribas Financial Markets now owns 6,317 shares of the technology company’s stock worth $55,000 after purchasing an additional 1,432 shares during the last quarter. NewEdge Advisors LLC bought a new position in eGain in the third quarter worth $106,000. Citadel Advisors LLC purchased a new position in eGain during the third quarter valued at $130,000. Ritholtz Wealth Management bought a new stake in shares of eGain during the 2nd quarter valued at $194,000. Finally, Jane Street Group LLC grew its position in shares of eGain by 53.7% in the 1st quarter. Jane Street Group LLC now owns 47,726 shares of the technology company’s stock worth $231,000 after buying an additional 16,678 shares during the period. Hedge funds and other institutional investors own 53.94% of the company’s stock.

eGain Company Profile

(Get Free Report)

eGain Incorporated (NASDAQ: EGAN) is a software company specializing in cloud-based customer engagement solutions. Its platform integrates knowledge management, analytics, and artificial intelligence to help organizations streamline customer service across digital channels. By centralizing information and automating routine interactions, eGain aims to improve agent productivity, reduce response times, and deliver consistent customer experiences.

The company’s product suite includes tools for knowledge authoring and delivery, AI-powered chatbots, case management, and predictive analytics.

Featured Stories

Receive News & Ratings for eGain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eGain and related companies with MarketBeat.com's FREE daily email newsletter.