98.88 -0.02 (-0.02%)
After hours: 5:47PM EST
Previous Close | 98.75 |
Open | 98.78 |
Bid | 98.15 x 1300 |
Ask | 0.00 x 47300 |
Day's Range | 98.56 - 98.94 |
52 Week Range | 58.49 - 116.90 |
Volume | 4,335,414 |
Avg. Volume | 1,008,975 |
Market Cap | 3.455B |
Beta (3Y Monthly) | 1.30 |
PE Ratio (TTM) | 156.98 |
EPS (TTM) | 0.63 |
Earnings Date | Feb 6, 2019 - Feb 11, 2019 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 92.46 |
NEW ORLEANS , Feb. 15, 2019 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
NEW YORK , Feb. 15, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Ellie Mae , Inc. ("ELLI" ...
The mortgage software company continued to see its growth decelerate.
NEW YORK , Feb. 14, 2019 /PRNewswire/ -- Civitas Solutions, Inc. (CIVI) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Civitas ...
The private equity firm is offering $3.7 billion for the mortgage industry software provider, but what if another suitor appears?
Ellie Mae (ELLI) delivered earnings and revenue surprises of -25.00% and 1.82%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Pleasanton, California-based company said it had profit of less than 1 cent. Earnings, adjusted for one-time gains and costs, were 27 cents per share. The results did not meet ...
Ellie Mae® , the leading cloud-based platform provider for the mortgage finance industry, today reported results1 for the fourth quarter and full year ended December 31, 2018.
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Thoma Bravo LLC has agreed to buy mortgage software firm Ellie Mae Inc. for $3.7 billion, the latest indication that challenges in the home-lending market are spurring consolidation across the industry. The transaction will give the private-equity firm control of a company whose technology has been used to help automate the closing of millions of home loans. Based in Pleasanton, Calif., Ellie Mae handles the technology that underpins the entire home-loan origination process, and its services are used in particular by loan officers who work at nonbank mortgage lenders, analysts say.
NEW YORK, Feb. 12, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Ellie Mae, Inc. (NYSE: ELLI) on behalf of.
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Stocks that moved substantially or traded heavily on Tuesday: Gilead Sciences Inc., down $2.22 to $65.40 A potential liver disease under development by the biotechnology company failed to meet its treatment ...
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surged 21% Tuesday after private-equity firm Thoma Bravo LLC said it was buying the company in an all-cash deal valued at $3.7 billion. Elli Mae closed at $98.95 in Tuesday's trading on the New York Stock Exchange. Under terms of the agreement, Ellie Mae shareholders will receive $99 in cash a share, a 47% premium to the 30-day average closing share price and 49% premium to the 60-day average closing price as of Feb. 1, Thoma Bravo said in a statement.
NEW YORK , Feb. 12, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Ellie Mae , Inc. (NYSE: ELLI) and its board of directors for breach of fiduciary duty concerning the proposed ...
Recent Ellie Mae news about a deal with private equity firm Thoma Bravo has ELLI stock soaring today.Ellie Mae (NYSE:ELLI) says that it has entered into an agreement with Thoma Brave that will have it being acquired by the firm. The deal between the two companies values Elli Mae at roughly $3.7 billion.The deal will have Thoma Brave paying $99 for each share of ELLI stock. That's some good Ellie Mae news for investors. It represents a 47% premium to the stock's 30-day average closing share price. It is also a 49% premium to the stock's 60-day average closing price as of Feb. 1, 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Ellie Mae news comes alongside the company's Board of Directors advising ELLI stock holders to vote in favor of the deal. The Board has also given its unanimous approval to the deal with Thoma Bravo.Ellie Mae notes that the company will continue to operate out of its current headquarters in Pleasanton, Calif., once the deal is complete. It will also still operate its regional offices that are spread around the U.S.Ellie Mae and Thoma Bravo are expecting the deal to close during the second or third quarter of 2019. Before this, its needs approval from shareholders and regulators, as well as completing other customary closing conditions. * Buy These 5 Stocks to Play the Megatrend of the Century The deal between Ellie Mae and Thoma Bravo also includes a 35 day "go-shop" period. This allows ELLI to seek and negotiate possible deals with other companies before closing on its deal with the private equity firm.ELLI stock was up 20% as of noon Tuesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Ellie Mae News: ELLI Stock Skyrockets on $3.7B Thoma Bravo Deal appeared first on InvestorPlace.
The mortgage technology company is being acquired, and the deal could potentially get even sweeter for investors.
Do you own shares of Ellie Mae, Inc. (NYSE: ELLI)? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Ellie Mae, Inc. (“Ellie Mae” or the “Company”) (NYSE: ELLI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Thoma Bravo, LLC (“Thoma Bravo”) in a transaction valued at approximately $3.7 billion.
Thoma Bravo agreed on Tuesday to pay $99 a share, 47 percent more than the 30-day average closing price, for the provider of software to help streamline and automate the mortgage origination process for lenders. Wall Street has been increasingly mixed on Ellie Mae amid a debate over whether the company should be valued for its software or priced at a discount due to its exposure to the struggling mortgage market. “The software analysts got it right” while the financials-focused analysts “missed it,” Oppenheimer’s Brian Schwartz said in a phone interview.