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Enter Symbol:
 
Ellie Mae Inc (ELLI) [hlAlert]

Rating:
Buy ELLI
up 382.47 %

Ellie Mae Inc (ELLI) rated Buy with price target $39 by Wunderlich

Posted on: Thursday,  Nov 1, 2012  8:25 AM ET by Wunderlich

Wunderlich rated Buy Ellie Mae Inc (NYSE: ELLI) on 11/01/2012. Previously Wunderlich rated Buy Ellie Mae Inc (NYSE: ELLI) on 05/24/2012.,
when the stock price was $15.35. Since then, Ellie Mae Inc has gained 382.48% as of 10/29/2015's recent price of $74.06.
If you would have followed the previous Wunderlich's recommendation on ELLI, you would have gained 382.47% of your investment in 1253 days.

Ellie Mae, Inc. hosts an electronic mortgage origination networks in the United States. The Ellie Mae Network electronically connects approximately 55,000 mortgage professionals to the mortgage lenders, investors and service providers integral to the origination and funding of residential mortgages. For mortgage originators, the Company provides Encompass software, an operating system that handles business and management functions involved in running a mortgage origination business, and serves as a gateway to the Ellie Mae Network. The Company also offers Encompass users a variety of additional services, including Encompass Closer, which automatically prepares the disclosure and closing documents necessary to fund a mortgage, CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management, and Encompass Compliance Service, its compliance service powered by Mavent Holdings Inc. In August 2011, it acquired Del Mar Datatrac, Inc.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2012 8:25 AM Buy
None
24.83 39.00
as of 12/31/2012
1 Week down  -0.89 %
1 Month up  11.80 %
3 Months up  1.90 %
1 YTD up  11.75 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2012 8:25 AM Buy
None
23.35 27.00
5/24/2012 8:25 AM Buy
None
15.35 20.00

(*) Stock Price at the time of the recommendation.
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