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B.Riley FBR Reiterates Limelight Networks (LLNW) As Buy; Has PT Of $6.0000; Issuer Direct Has 1.33 Sentiment

Limelight Networks, Inc. (NASDAQ:LLNW) Logo

Limelight Networks (NASDAQ:LLNW) had its stock rating noted as Buy by analysts at B.Riley FBR. B.Riley FBR currently has a $6.0000 target price on the $449.96 million market cap company or 47.78% upside potential. This was disclosed in a research note on Tuesday morning.

Issuer Direct Corp (ISDR) investors sentiment increased to 1.33 in Q4 2017. It’s up 0.33, from 1 in 2017Q3. The ratio is more positive, as 4 hedge funds started new and increased holdings, while 3 reduced and sold stock positions in Issuer Direct Corp. The hedge funds in our database reported: 187,962 shares, up from 136,884 shares in 2017Q3. Also, the number of hedge funds holding Issuer Direct Corp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 3 Increased: 3 New Position: 1.

Issuer Direct Corporation provides disclosure management solutions, shareholder communications tools, and cloud compliance technologies in North America and Europe. The company has market cap of $48.69 million. It offers services and products that enable companies' to produce and distribute their financial and business communications online and in print. It has a 25.89 P/E ratio. The firm provides Platform id, a cloud communications and compliance system for corporate issuers, mutual funds, and compliance professionals.

Since January 1, 0001, it had 1 insider buy, and 2 sales for $252,605 activity.

The stock increased 0.33% or $0.0529 during the last trading session, reaching $16.0529. About 2,253 shares traded. Issuer Direct Corporation (ISDR) has risen 66.67% since April 18, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

Cove Street Capital Llc holds 0.04% of its portfolio in Issuer Direct Corporation for 22,446 shares. Acadian Asset Management Llc owns 3,540 shares or 0% of their US portfolio. Moreover, Advisory Services Network Llc has 0% invested in the company for 4 shares. The New York-based Blackrock Inc. has invested 0% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 25,000 shares.

Analysts await Limelight Networks, Inc. (NASDAQ:LLNW) to report earnings on April, 19 after the close. They expect $-0.01 earnings per share, 0.00% or $0.00 from last year’s $-0.01 per share.

Among 7 analysts covering Limelight Networks (NASDAQ:LLNW), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 86% are positive. Limelight Networks has $6.0 highest and $2.50 lowest target. $5.33’s average target is 31.28% above currents $4.06 stock price. Limelight Networks had 15 analyst reports since August 4, 2015 according to SRatingsIntel. FBR Capital maintained the stock with “Market Perform” rating in Thursday, September 1 report. The company was upgraded on Friday, August 28 by Zacks. The stock of Limelight Networks, Inc. (NASDAQ:LLNW) has “Buy” rating given on Thursday, January 18 by FBR Capital. DA Davidson maintained Limelight Networks, Inc. (NASDAQ:LLNW) on Monday, April 3 with “Buy” rating. As per Monday, March 5, the company rating was maintained by FBR Capital. Oppenheimer initiated Limelight Networks, Inc. (NASDAQ:LLNW) rating on Monday, April 16. Oppenheimer has “Buy” rating and $600 target. JMP Securities initiated it with “Outperform” rating and $2.50 target in Tuesday, March 29 report. As per Thursday, October 19, the company rating was maintained by B. Riley & Co. The rating was maintained by FBR Capital on Wednesday, December 13 with “Buy”. Zacks downgraded the stock to “Hold” rating in Friday, August 7 report.

Limelight Networks, Inc. provides content delivery network services to deliver digital content over the Internet in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has market cap of $449.96 million. The firm offers the Orchestrate Platform, a suite of integrated services, which include content delivery services, mobile delivery services, video content management services, performance services for Website and Web application acceleration and security, cloud storage services for various devices, and cloud content security services. It currently has negative earnings. It also offers professional services and other infrastructure services, such as transit and rack space services.

Investors sentiment increased to 1.9 in 2017 Q4. Its up 0.42, from 1.48 in 2017Q3. It increased, as 8 investors sold Limelight Networks, Inc. shares while 32 reduced holdings. 42 funds opened positions while 34 raised stakes. 70.76 million shares or 7.86% less from 76.79 million shares in 2017Q3 were reported. State Street invested in 1.33 million shares. Tiaa Cref Inv Limited Liability holds 0% or 698,347 shares in its portfolio. Bridgeway Cap Management reported 59,700 shares. Goldman Sachs invested in 16.04M shares or 0.02% of the stock. D E Shaw Inc stated it has 941,174 shares or 0.01% of all its holdings. 268,592 were accumulated by Citadel Advsr Lc. Dorsey And Whitney Com Ltd reported 48,570 shares. Cubist Systematic Strategies Limited Liability Corp holds 0.01% of its portfolio in Limelight Networks, Inc. (NASDAQ:LLNW) for 50,033 shares. Barclays Pcl holds 0% or 37,504 shares in its portfolio. Rhumbline Advisers accumulated 70,892 shares. G2 Investment Prtn Management Ltd, New York-based fund reported 403,489 shares. Invesco Ltd reported 13,028 shares. Eam Limited Liability Company invested in 0.31% or 531,840 shares. Parametric Port Associates Lc has invested 0% in Limelight Networks, Inc. (NASDAQ:LLNW). 111,684 were reported by Stone Ridge Asset Mngmt Limited Liability Company.

Limelight Networks, Inc. (NASDAQ:LLNW) Institutional Positions Chart

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