Coda Octopus Group, Inc. (CODA)’s major shareholder John Emerson Purchased 49178 shares of the Company; WEB.COM Group (WEB) Shorts Decreased By 9.38%

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WEB.COM Group Inc (NASDAQ:WEB) had a decrease of 9.38% in short interest. WEB’s SI was 1.90 million shares in May as released by FINRA. Its down 9.38% from 2.09M shares previously. With 474,200 avg volume, 4 days are for WEB.COM Group Inc (NASDAQ:WEB)’s short sellers to cover WEB’s short positions. The SI to WEB.COM Group Inc’s float is 4.83%. The stock increased 1.87% or $0.35 during the last trading session, reaching $19.05. About 795,142 shares traded or 64.40% up from the average. Web.com Group, Inc. (NASDAQ:WEB) has declined 5.22% since May 17, 2017 and is downtrending. It has underperformed by 16.77% the S&P500.

Web.com Group, Inc. (NASDAQ:WEB) Ratings Coverage

Among 4 analysts covering Web.com Group (NASDAQ:WEB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Web.com Group had 7 analyst reports since December 30, 2015 according to SRatingsIntel. On Tuesday, January 19 the stock rating was upgraded by Craig Hallum to “Buy”. Suntrust Robinson maintained it with “Neutral” rating and $23 target in Wednesday, December 30 report. The stock has “Buy” rating by Suntrust Robinson on Friday, February 12. The firm earned “Hold” rating on Friday, November 4 by Suntrust Robinson. The rating was maintained by RBC Capital Markets on Tuesday, February 16 with “Sector Perform”. On Wednesday, October 19 the stock rating was initiated by Cantor Fitzgerald with “Hold”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, May 6.

More notable recent Web.com Group, Inc. (NASDAQ:WEB) news were published by: Nasdaq.com which released: “Web.com Reports First Quarter 2018 Financial Results” on May 03, 2018, also Seekingalpha.com with their article: “Piper Jaffray cuts Web.com target” published on May 04, 2018, Globenewswire.com published: “Web.com Announces Date of First Quarter 2018 Conference Call and Webcast” on April 18, 2018. More interesting news about Web.com Group, Inc. (NASDAQ:WEB) were released by: Nasdaq.com and their article: “Nasdaq Halts SPI Energy Co., Ltd.” published on April 23, 2018 as well as Bizjournals.com‘s news article titled: “CEO on future of Web.com: AI, market verticals, new headquarters” with publication date: May 10, 2018.

Web.com Group, Inc. provides a range of Internet services to small businesses in North America, South America, and the United Kingdom. The company has market cap of $825.12 million. The firm offers a range of Web services and products that enable small businesses to establish, maintain, promote, and optimize their online presence. It has a 17.97 P/E ratio. It provides domain name registration, such as .com and .net domains, as well as a suite of domain name services, including domain name registration, transfer, renewal, expiration protection, and privacy services.

An insider of the company Coda Octopus Group Inc, John Emerson also its major shareholder, disclosed his insider activities with the U.S. Security and Exchange Commission on 16-05-2018. As announced in the document, John had purchased 49,178 shares of the public company. The total insider deal was worth $196,648 USD. At the time of the transaction the price of a share was $4.0. John is trying to silently increase his company’s share, same as he did in the last 30 days. He obtained another 12,015 shares worth $47,144 USD. At the moment, John Emerson owns a total of 1.09 million shares or 10.45% of the Company’s market capitalization (total value of the shares outstanding).

The stock increased 0.25% or $0.01 during the last trading session, reaching $4.04. About 17,911 shares traded. Coda Octopus Group, Inc. (NASDAQ:CODA) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the United States, Europe, and Australia. The company has market cap of $42.08 million. The firm operates through two divisions, Marine Engineering Business and Marine Technology Business. It has a 23.22 P/E ratio. It offers CodaOctopus GeoSurvey data acquisition and interpretation software; CodaOctopus GeoSurvey acquisition products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus GeoSurvey productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets.

Web.com Group, Inc. (NASDAQ:WEB) Institutional Positions Chart