Insider Trading Update: MAM Software Group, Inc. $MAMS

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MAM Software Group, Inc. (MAMS) insider have most recently took part in a trading activity. On Jun 16, 2017 Wynnefield Partners Small Cap Value Lp, 10% Owner bought 1,187 shares having total worth of $7,300 at the price of $6.15 per share, following the transaction a total of 3,279,556 shares owned by Wynnefield Partners Small Cap Value Lp. Before this latest buy, Wynnefield Partners Small Cap Value Lp purchased MAMS at 3 other times during the past twelve months, for a total investment of $130,318 at an average of $6.08 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 1 sell activities and 2 buy trades. Furthermore, over the past 12 months , the stock was traded 8 times by insiders. In 5 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 1 -6.59%
12 Month 3 5 -11.01%

Shares of MAM Software Group, Inc. (MAMS) traded down 2.38% on Jun 16, 2017, hitting $6.15. 8,905 shares of the company’s stock traded hands. MAM Software Group, Inc. has a 52 week low of $5.25 and a 52 week high of $6.99. The company’s market cap is $75 million.

MAM Software Group, Inc. (MAMS) last announced its earnings results on May 15, 2017. The company reported 0.06 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.03 by $0.03. The company had revenue of $8 million for the quarter, compared to the consensus estimate of $8 million. During the same quarter in the previous year, the company posted 0.05 earnings per share. The company’s revenue for the quarter was down 1% on a year-over-year basis.

2017-05-15 2017-02-14 2016-11-14 2016-09-26 2016-05-16 2016-02-15 2015-11-12 2015-09-24 2015-05-06 2015-02-11
earnings per share 0.06 0.02 0.10 0.12 0.05 0.06 0.06 0.06 0.05 0.07
Revenue(M) 7.87 7.38 8.06 8.4 7.92 7.9 8 7.9 7.66 7.87

MAM Software Group, Inc. was originally incorporated in February 1988 in Colorado, changed its state of incorporation to Delaware in May 2003. It provides software, information and related services to businesses engaged in the automotive aftermarket in the US, Canada, UK and Ireland. The automotive aftermarket consists of businesses associated with the life cycle of a motor vehicle from when the original manufacturer’s warranty expires to when the vehicle is scrapped. Products sold by businesses engaged in this market include the parts, tires and auto services required to maintain and improve the performance or appeal of a vehicle throughout its useful life. Its aim is to meet the business needs of customers who are involved in the maintenance and repair of automobiles and light trucks in three key segments of the automotive aftermarket, namely parts, tires and auto service. The Company’s business management systems, information products and online services permit its customers to manage their critical day-to-day business operations through automated point-of-sale, information (content) products, inventory management, purchasing, general accounting and customer relationship management. The Company’s customer base consists of wholesale parts and tire distributors, retailers, franchisees, cooperatives, auto service chains and single location auto service businesses with customer service expectations and complex commercial relationships. The Company’s revenues are derived from the following: The sale of business management systems comprised of proprietary software applications, implementation and training, Providing subscription-based services, including software support and maintenance, information (content) products and online services for a fee. The Company currently has the following wholly owned direct operating subsidiaries: MAM Software in the UK, and ASNA in the US. MAM Software is a provider of software to the automotive aftermarket in the UK and Ireland. MAM Software specializes in providing reliable and competitive business management solutions to the motor factor (also known as jobber), retailing, and wholesale distribution sectors. ASNA develops open business management systems, and distribution channel e-commerce systems for the automotive aftermarket supply chain. These systems are used by aftermarket outlets, including tier one manufacturers, program groups, warehouse distributors, tire and service chains and independent installers. Its Products & Services include Business Management Systems comprised of the Company’s proprietary software applications, implementation and training and third-party hardware and peripherals; information Products such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing and product features and benefits that are used by the different participants in the automotive aftermarket; Online Ser

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.