The Tower Research Capital LLC TRC decides to keep it stake in Demandware Inc (DWRE) to the level of $117,000

The Tower Research Capital LLC TRC decides to keep it stake in Demandware Inc (DWRE) to the level of $117,000

Tower Research Capital LLC TRC increased its position in Demandware Inc (NYSE:DWRE) by 1,465.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,565 shares of the company’s stock after buying an additional 1,465 shares during the period. Tower Research Capital LLC TRC’s holdings in Demandware were worth $117,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DWRE. BlackRock Inc. boosted its stake in Demandware by 541.7% in the first quarter. BlackRock Inc. now owns 6,571 shares of the company’s stock worth $257,000 after buying an additional 5,547 shares during the period. BlackRock Group LTD boosted its stake in Demandware by 0.8% in the first quarter. BlackRock Group LTD now owns 84,375 shares of the company’s stock worth $3,300,000 after buying an additional 663 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in Demandware by 1.0% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 833,104 shares of the company’s stock worth $32,574,000 after buying an additional 8,134 shares during the period. TimesSquare Capital Management LLC boosted its stake in Demandware by 15.4% in the first quarter. TimesSquare Capital Management LLC now owns 856,590 shares of the company’s stock worth $33,493,000 after buying an additional 114,090 shares during the period. Finally, Menta Capital LLC acquired a new stake in Demandware during the first quarter worth $231,000.

Shares of Demandware Inc (NYSE:DWRE) opened at 74.97 on Thursday. Demandware Inc has a 1-year low of $26.47 and a 1-year high of $75.90. The company has a 50-day moving average price of $69.67 and a 200 day moving average price of $48.09.

Separately, TheStreet upgraded Demandware from a “sell” rating to a “hold” rating in a research note on Friday, June 24th. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Demandware currently has an average rating of “Hold” and a consensus price target of $60.87.

Demandware Company Profile

Demandware, Inc is a provider of enterprise-class cloud commerce solutions for retailers and branded manufacturers, including solutions for digital commerce and point of sale, as well as order management and intelligence capabilities. The Company’s Demandware Commerce offering is a combination of its cloud platform, community and related services that enables customers to establish and execute complex digital commerce solutions.

Related posts

Leave a Comment