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

Rating:
Buy ELLI
up 241.76 %

Ellie Mae Inc (ELLI) rated Buy with price target $40 by Maxim Group

Posted on: Monday,  Mar 3, 2014  9:25 AM ET by Maxim Group

Maxim Group rated Buy Ellie Mae Inc (NYSE: ELLI) on 03/03/2014. Previously Maxim Group rated Buy Ellie Mae Inc (NYSE: ELLI) on
01/29/2013., when the stock price was $21.67. Since then, Ellie Mae Inc has gained 241.76% as of 10/29/2015's recent price of $74.06.
If you would have followed the previous Maxim Group's recommendation on ELLI, you would have gained 241.76% of your investment in 1003 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/3/2014 9:25 AM Buy
None
30.46 40.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2013 9:25 AM Buy
None
30.41 37.00
2/18/2013 8:25 AM Buy
None
30.00
2/15/2013 10:25 AM Buy
None
22.19 30.00
1/29/2013 9:25 AM Buy
None
21.67 28.00

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