Shawn Mccreight Sells 76,404 Shares of Guidance Software, Inc. (NASDAQ:GUID) Stock

Guidance Software, Inc. (NASDAQ:GUID) major shareholder Shawn Mccreight sold 76,404 shares of Guidance Software stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $7.07, for a total value of $540,176.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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Shawn Mccreight also recently made the following trade(s):

On Friday, August 4th, Shawn Mccreight sold 150,000 shares of Guidance Software stock. The stock was sold at an average price of $7.07, for a total value of $1,060,500.00.
On Thursday, August 3rd, Shawn Mccreight sold 185,516 shares of Guidance Software stock. The stock was sold at an average price of $7.07, for a total value of $1,311,598.12.
On Tuesday, August 1st, Shawn Mccreight sold 46,086 shares of Guidance Software stock. The stock was sold at an average price of $7.07, for a total value of $325,828.02.
On Wednesday, July 19th, Shawn Mccreight sold 35,065 shares of Guidance Software stock. The stock was sold at an average price of $7.06, for a total value of $247,558.90.
On Thursday, July 13th, Shawn Mccreight sold 9,383 shares of Guidance Software stock. The stock was sold at an average price of $7.02, for a total value of $65,868.66.
On Wednesday, June 28th, Shawn Mccreight sold 40,000 shares of Guidance Software stock. The stock was sold at an average price of $6.68, for a total value of $267,200.00.
On Tuesday, June 27th, Shawn Mccreight sold 40,000 shares of Guidance Software stock. The stock was sold at an average price of $6.64, for a total value of $265,600.00.
On Monday, June 26th, Shawn Mccreight sold 70,000 shares of Guidance Software stock. The stock was sold at an average price of $6.68, for a total value of $467,600.00.
On Thursday, June 22nd, Shawn Mccreight sold 20,000 shares of Guidance Software stock. The stock was sold at an average price of $6.59, for a total value of $131,800.00.
On Friday, June 2nd, Shawn Mccreight sold 40,000 shares of Guidance Software stock. The shares were sold at an average price of $6.62, for a total value of $264,800.00.

Guidance Software, Inc. (NASDAQ:GUID) traded down 0.14% during trading on Monday, hitting $7.07. The company’s stock had a trading volume of 601,030 shares. The company has a 50-day moving average of $6.84 and a 200 day moving average of $6.59. Guidance Software, Inc. has a one year low of $4.52 and a one year high of $7.80. The firm’s market cap is $215.07 million.

Guidance Software (NASDAQ:GUID) last announced its earnings results on Tuesday, August 1st. The software maker reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. Guidance Software had a negative net margin of 6.56% and a negative return on equity of 1,293.38%. The business had revenue of $24.66 million during the quarter, compared to the consensus estimate of $27.63 million. On average, equities analysts forecast that Guidance Software, Inc. will post $0.31 earnings per share for the current year.

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A number of research firms have weighed in on GUID. B. Riley reiterated a “neutral” rating and set a $7.10 price objective on shares of Guidance Software in a research note on Sunday. Zacks Investment Research lowered Guidance Software from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Gabelli reiterated a “hold” rating on shares of Guidance Software in a research note on Thursday, July 27th. Piper Jaffray Companies lowered Guidance Software from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $8.50 to $7.00 in a research note on Wednesday, July 26th. Finally, Northland Securities set a $8.00 price objective on Guidance Software and gave the company a “buy” rating in a research note on Saturday, July 22nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Guidance Software presently has a consensus rating of “Hold” and a consensus price target of $14.61.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers boosted its position in Guidance Software by 1.1% in the second quarter. Rhumbline Advisers now owns 23,953 shares of the software maker’s stock valued at $158,000 after buying an additional 260 shares in the last quarter. TIAA CREF Investment Management LLC boosted its position in Guidance Software by 0.9% in the first quarter. TIAA CREF Investment Management LLC now owns 70,814 shares of the software maker’s stock valued at $418,000 after buying an additional 622 shares in the last quarter. Menta Capital LLC boosted its position in Guidance Software by 4.7% in the first quarter. Menta Capital LLC now owns 75,298 shares of the software maker’s stock valued at $444,000 after buying an additional 3,400 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Guidance Software by 8.6% in the first quarter. Bank of New York Mellon Corp now owns 66,975 shares of the software maker’s stock valued at $395,000 after buying an additional 5,280 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Guidance Software by 4.0% in the first quarter. Geode Capital Management LLC now owns 150,854 shares of the software maker’s stock valued at $890,000 after buying an additional 5,864 shares in the last quarter. 53.54% of the stock is owned by hedge funds and other institutional investors.

Guidance Software Company Profile

Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.