Web.Com Group Inc (NASDAQ:WEB).
Polaris Capital Management, LLC reports that it increased its position in Web.Com Group Inc stock by 143,500 shares as reported in a filing on 11/15/2017. Its investment stood at $43,457,000 an increase of 7.7% as of the end of the quarter.
Several firms have updated their holdings. As of the end of the quarter Dimensional Fund Advisors Lp had bought 7,309 shares growing its stake by 0.4%. The value of the investment in WEB decreased from $47,571,000 to $47,194,000 a change of $377,000 since the last quarter. As of quarter end First Mercantile Trust Co had disposed of a total of 46 shares trimming its holdings by 1.6%. The value of the investment in (WEB) went from $72,000 to $70,000 a change of 2.8% for the reporting period.
As of the end of the quarter S Squared Technology, LLC had disposed of a total of 10,000 shares trimming its position 9.5%. The value of the investment in Web.Com Group Inc decreased from $2,659,000 to $2,378,000 decreasing 10.6% quarter over quarter.
The company is up since yesterday’s close of 22.25. Web.Com Group Inc’s P/E ratio is 45.72 and market cap is 1.09B. In the last earnings report the EPS was $0.49 with 48.74M shares now outstanding.
Traders are a little more bearish on Web.Com Group Inc of late if you put credence in the rise in short interest. The stock realized a rise in short interest between September 29, 2017 and October 13, 2017 of 7.53%. Short shares increased 138,311 over that period. The days to cover decreased to 7.0 and the percentage of shorted shares was 0.04% on October 13.