WalkMe Ltd. (NASDAQ:WKME – Get Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 555,200 shares, a decrease of 31.8% from the June 30th total of 813,700 shares. Based on an average trading volume of 785,500 shares, the days-to-cover ratio is currently 0.7 days. Currently, 2.0% of the company’s shares are short sold.
WalkMe Trading Up 0.1 %
Shares of NASDAQ WKME traded up $0.02 during trading on Friday, reaching $13.87. The company had a trading volume of 583,855 shares, compared to its average volume of 335,206. WalkMe has a 12-month low of $7.60 and a 12-month high of $14.09. The business’s 50-day moving average is $12.68 and its 200 day moving average is $10.33.
WalkMe (NASDAQ:WKME – Get Free Report) last released its earnings results on Wednesday, May 22nd. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.06. WalkMe had a negative return on equity of 43.53% and a negative net margin of 14.52%. The firm had revenue of $68.57 million for the quarter, compared to analysts’ expectations of $68.10 million.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on WKME
Institutional Investors Weigh In On WalkMe
Several institutional investors have recently modified their holdings of the business. Scalar Gauge Management LLC purchased a new stake in shares of WalkMe during the fourth quarter valued at $6,083,000. Rice Hall James & Associates LLC boosted its position in shares of WalkMe by 22.6% during the first quarter. Rice Hall James & Associates LLC now owns 339,437 shares of the company’s stock valued at $2,919,000 after buying an additional 62,676 shares during the last quarter. Horrell Capital Management Inc. boosted its position in shares of WalkMe by 231.4% during the first quarter. Horrell Capital Management Inc. now owns 303,459 shares of the company’s stock valued at $2,610,000 after buying an additional 211,900 shares during the last quarter. ARK Investment Management LLC boosted its position in shares of WalkMe by 35.5% during the second quarter. ARK Investment Management LLC now owns 271,592 shares of the company’s stock valued at $3,794,000 after buying an additional 71,094 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of WalkMe by 74.2% during the first quarter. Acadian Asset Management LLC now owns 256,431 shares of the company’s stock valued at $2,190,000 after buying an additional 109,187 shares during the last quarter. 70.91% of the stock is owned by hedge funds and other institutional investors.
WalkMe Company Profile
WalkMe Ltd. provides cloud-based digital adaption platform and associated professional services in the United States and internationally. The company's AI-driven digital adoption platform helps companies to effectively navigate change brought by technology, which stack, identifies, and delivers the personalized guidance and automation.
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