Datto(紐約證券交易所代碼：MSP)現在由StockNews.com的分析師覆蓋

StockNews.com began coverage on shares of Datto (NYSE:MSP – Get Rating) in a report released on Tuesday. The firm set a "hold" rating on the investment management company's stock.

Several other research analysts have also weighed in on the stock. Morgan Stanley lowered shares of Datto from an "overweight" rating to an "equal weight" rating and lifted their price objective for the stock from $34.00 to $35.50 in a research note on Tuesday, April 12th. BMO Capital Markets lowered shares of Datto from an "outperform" rating to a "market perform" rating and set a $35.50 price objective on the stock. in a research note on Wednesday, April 13th. William Blair lowered shares of Datto from an "outperform" rating to a "market perform" rating in a research note on Monday, April 11th. Northland Securities lowered shares of Datto from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $42.00 to $35.50 in a research note on Tuesday, April 12th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Datto in a research note on Monday, April 11th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $33.00.

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Shares of NYSE:MSP opened at $35.18 on Tuesday. Datto has a one year low of $20.76 and a one year high of $35.36. The company has a 50 day moving average of $34.64 and a 200-day moving average of $29.30. The stock has a market cap of $5.81 billion, a price-to-earnings ratio of 135.31, a P/E/G ratio of 14.22 and a beta of -0.27.

Datto (NYSE:MSP – Get Rating) last released its quarterly earnings data on Monday, May 9th. The investment management company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. Datto had a net margin of 6.84% and a return on equity of 3.65%. The business had revenue of $170.78 million for the quarter, compared to analyst estimates of $168.57 million. On average, sell-side analysts anticipate that Datto will post 0.33 EPS for the current year.

In other news, insider Radhesh Balakrishnan Menon sold 76,125 shares of Datto stock in a transaction that occurred on Monday, April 11th. The shares were sold at an average price of $34.57, for a total value of $2,631,641.25. Following the sale, the insider now directly owns 951 shares in the company, valued at $32,876.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO William Severance sold 1,826 shares of Datto stock in a transaction that occurred on Wednesday, April 6th. The shares were sold at an average price of $29.00, for a total transaction of $52,954.00. Following the completion of the sale, the chief accounting officer now owns 19,851 shares in the company, valued at $575,679. The disclosure for this sale can be found here. In the last ninety days, insiders sold 258,519 shares of company stock worth $8,767,623. Insiders own 5.50% of the company's stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AE Wealth Management LLC acquired a new position in Datto during the fourth quarter worth $742,000. GSA Capital Partners LLP increased its holdings in Datto by 191.7% during the fourth quarter. GSA Capital Partners LLP now owns 55,436 shares of the investment management company's stock worth $1,461,000 after buying an additional 36,431 shares during the last quarter. Advisor Group Holdings Inc. increased its holdings in Datto by 15.5% during the fourth quarter. Advisor Group Holdings Inc. now owns 4,164 shares of the investment management company's stock worth $109,000 after buying an additional 559 shares during the last quarter. Wildcat Capital Management LLC increased its holdings in Datto by 17.7% during the fourth quarter. Wildcat Capital Management LLC now owns 817,128 shares of the investment management company's stock worth $21,531,000 after buying an additional 123,133 shares during the last quarter. Finally, Alberta Investment Management Corp acquired a new position in Datto during the fourth quarter worth $2,251,000. Institutional investors own 88.90% of the company's stock.

Datto Company Profile (Get Rating)

Datto Holding Corp. provides cloud-based software and technology solutions for delivery through the managed service provider (MSP) channel to small and medium businesses in the United States and internationally. Its Unified Continuity products include Business Continuity and Disaster Recovery that protects servers and workstations, and minimize downtime; Cloud Continuity, an image-based continuity solution for laptops and desktops; SaaS Protection +, an automated and secure backup and restoration product; Workplace, a cloud-hosted file sync and share solution, which enable end-users to synchronize files across platforms, including mobile devices; and File Protection, an MSP-managed secure and scalable backup product that enables MSPs to protect and recover files and folders on workstations and laptops.

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