Payment Data Systems, Inc. (PYDS) Forms $2.29 Double Top; Cubist Systematic Strategies Lowered Ellie Mae (ELLI) Holding By $410,103

Payment Data Systems, Inc. (PYDS) formed double top with $2.43 target or 6.00% above today’s $2.29 share price. Payment Data Systems, Inc. (PYDS) has $31.18 million valuation. The stock decreased 8.40% or $0.21 during the last trading session, reaching $2.29. About 376,614 shares traded. Payment Data Systems, Inc. (NASDAQ:PYDS) has declined 12.80% since January 15, 2017 and is downtrending. It has underperformed by 29.50% the S&P500.

Cubist Systematic Strategies Llc decreased Ellie Mae Inc (ELLI) stake by 85.21% reported in 2017Q3 SEC filing. Cubist Systematic Strategies Llc sold 5,063 shares as Ellie Mae Inc (ELLI)’s stock rose 15.16%. The Cubist Systematic Strategies Llc holds 879 shares with $72,000 value, down from 5,942 last quarter. Ellie Mae Inc now has $3.33B valuation. The stock increased 1.35% or $1.28 during the last trading session, reaching $96.38. About 194,295 shares traded. Ellie Mae, Inc. (NYSE:ELLI) has risen 37.10% since January 15, 2017 and is uptrending. It has outperformed by 20.40% the S&P500.

Analysts await Ellie Mae, Inc. (NYSE:ELLI) to report earnings on February, 8. They expect $0.07 EPS, down 74.07% or $0.20 from last year’s $0.27 per share. ELLI’s profit will be $2.42 million for 344.21 P/E if the $0.07 EPS becomes a reality. After $0.37 actual EPS reported by Ellie Mae, Inc. for the previous quarter, Wall Street now forecasts -81.08% negative EPS growth.

Investors sentiment decreased to 0.94 in Q3 2017. Its down 0.08, from 1.02 in 2017Q2. It turned negative, as 34 investors sold ELLI shares while 54 reduced holdings. 25 funds opened positions while 58 raised stakes. 35.35 million shares or 3.42% more from 34.18 million shares in 2017Q2 were reported. Parametric Port Assoc Lc owns 0% invested in Ellie Mae, Inc. (NYSE:ELLI) for 38,334 shares. X Co Ltd Liability Com invested in 0.02% or 7,412 shares. 959,516 are held by Waddell & Reed. Northern Tru Corporation, a Illinois-based fund reported 477,597 shares. Moreover, Peak6 Lp has 0.03% invested in Ellie Mae, Inc. (NYSE:ELLI) for 60,188 shares. Balyasny Asset Management Limited Liability Corp holds 0.01% or 41,780 shares in its portfolio. Mitsubishi Ufj And Bk owns 295,680 shares. Teacher Retirement System Of Texas holds 0% or 2,799 shares in its portfolio. Credit Suisse Ag accumulated 45,102 shares or 0% of the stock. Kayne Anderson Rudnick Ltd Co holds 0.38% in Ellie Mae, Inc. (NYSE:ELLI) or 515,365 shares. Paradigm Asset Mngmt Limited Co, a New York-based fund reported 1,400 shares. Strs Ohio stated it has 18,200 shares or 0.01% of all its holdings. Oppenheimer And Company holds 0.01% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI) for 6,503 shares. Barclays Public Limited Company holds 0% of its portfolio in Ellie Mae, Inc. (NYSE:ELLI) for 985 shares. Dragoneer Inv Grp Lc invested in 0.19% or 14,000 shares.

Cubist Systematic Strategies Llc increased Wendys Co (NASDAQ:WEN) stake by 99,702 shares to 113,371 valued at $1.76M in 2017Q3. It also upped Diamondback Energy Inc (NASDAQ:FANG) stake by 7,720 shares and now owns 9,920 shares. Qiagen Nv was raised too.

Among 17 analysts covering Elli Mae (NYSE:ELLI), 12 have Buy rating, 1 Sell and 4 Hold. Therefore 71% are positive. Elli Mae had 48 analyst reports since July 23, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of ELLI in report on Wednesday, August 9 with “Buy” rating. The firm has “Equal-Weight” rating given on Friday, April 29 by Stephens. The company was maintained on Thursday, October 29 by Oppenheimer. The rating was maintained by FBR Capital with “Mkt Perform” on Friday, February 12. As per Monday, April 3, the company rating was upgraded by William Blair. The firm earned “Outperform” rating on Wednesday, March 9 by Oppenheimer. The rating was maintained by TH Capital on Friday, July 31 with “Buy”. The rating was maintained by Roth Capital with “Buy” on Tuesday, April 26. KeyBanc Capital Markets maintained the stock with “Buy” rating in Sunday, November 19 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, June 12 report.