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

up 376.27 %

Ellie Mae Inc (ELLI) rated Outperform with price target $40 by Oppenheimer

Posted on: Monday,  Nov 3, 2014  9:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Ellie Mae Inc (NYSE: ELLI) on 11/03/2014. Previously Oppenheimer rated Outperform Ellie Mae Inc (NYSE: ELLI) on 05/25/2012.,
when the stock price was $15.55. Since then, Ellie Mae Inc has gained 376.27% as of 10/29/2015's recent price of $74.06.
If you would have followed the previous Oppenheimer's recommendation on ELLI, you would have gained 376.27% of your investment in 1252 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2015 10:25 AM Buy
77.43 82.00
as of 10/17/2014
1 Week up  8.93 %
1 Month up  7.29 %
3 Months up  31.65 %
1 YTD up  37.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/17/2015 8:25 AM Buy
66.71 75.00
11/3/2014 9:25 AM Buy
38.18 40.00
9/14/2012 8:25 AM Buy
28.63 32.00
7/30/2012 8:25 AM Buy
19.95 23.00
7/30/2012 8:25 AM Buy
19.95 23.00
5/28/2012 8:25 AM Buy
16.42 20.00
5/25/2012 8:25 AM Buy
15.55 20.00

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