Hillsdale Investment Management Inc. Buys 219,305 Shares of eGain Corporation $EGAN

Hillsdale Investment Management Inc. grew its stake in shares of eGain Corporation (NASDAQ:EGAN) by 562.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 258,305 shares of the technology company’s stock after purchasing an additional 219,305 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in eGain were worth $2,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EGAN. BNP Paribas Financial Markets raised its position in shares of eGain by 29.3% during the third quarter. BNP Paribas Financial Markets now owns 6,317 shares of the technology company’s stock valued at $55,000 after buying an additional 1,432 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of eGain during the third quarter valued at approximately $106,000. Citadel Advisors LLC bought a new stake in shares of eGain during the third quarter valued at approximately $130,000. Jane Street Group LLC raised its position in shares of eGain by 53.7% during the first quarter. Jane Street Group LLC now owns 47,726 shares of the technology company’s stock valued at $231,000 after buying an additional 16,678 shares during the last quarter. Finally, Independent Advisor Alliance bought a new stake in shares of eGain during the fourth quarter valued at approximately $284,000. Institutional investors own 53.94% of the company’s stock.

eGain Stock Performance

Shares of EGAN opened at $7.43 on Monday. The company’s fifty day moving average is $7.54 and its 200 day moving average is $9.29. eGain Corporation has a fifty-two week low of $4.97 and a fifty-two week high of $15.95. The stock has a market capitalization of $203.95 million, a PE ratio of 5.38 and a beta of 0.81.

eGain (NASDAQ:EGAN) last announced its quarterly earnings results on Thursday, May 14th. The technology company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. eGain had a net margin of 41.68% and a return on equity of 12.56%. The company had revenue of $22.50 million for the quarter, compared to analysts’ expectations of $22.46 million. eGain has set its FY 2026 guidance at 0.390-0.420 EPS and its Q4 2026 guidance at 0.020-0.050 EPS. As a group, research analysts forecast that eGain Corporation will post 0.25 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings cut shares of eGain from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wall Street Zen cut shares of eGain from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Roth Mkm restated a “buy” rating and issued a $20.00 price target on shares of eGain in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.25.

eGain Profile

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.