Market Recap 11-10-14
Web.com (WWWW) was up 2.27 % major shareholder Okumus Fund Management Ltd. bought 1,440,000 shares of Web.com Group stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $15.69 per share, for a total transaction of $22,593,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
A number of analysts have recently weighed in on WWWW shares. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Web.com Group in a research note on Friday. They now have a $25.00 price target on the stock, down previously from $31.00.
Google (GOOG) was up 1.20 % ending a string of 5 straight days down.
|Minds + Machines||down 1.20%||MMX||London||Close 10.25p|
|Marchex||down 0.51%||MCHX||Nasdaq||Close $3.88|
|up 1.20%||GOOG||Nasdaq||Close $547.49|
|Web.com||up 2.27%||WWWW||Nasdaq||Close $15.75|
|Rightside||up 1.63%||Name||Nasdaq||Close $10.00|
|CentralNic||No Trades||CNIC||London||Close 46.60p|
|Tucows||up 1.15%||TCX||Nasdaq||Close $15.84|
|Verisign||up 1.12%||VRSN||Nasdaq||Close $60.47|
|Neustar||up 0.68%||NSR||NYSE||Close $26.62|
|United Internet||up 1.15%||UTDI||German XETRA||Close 32.22 €|
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