Roth Capital analyst Darren Aftahi maintained a Hold rating on Glu Mobile (GLUU) today and set a price target of $8. The company’s shares closed yesterday at $7.76, close to its 52-week high of $8.42.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 8.5% and a 51.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.
Glu Mobile has an analyst consensus of Moderate Buy, with a price target consensus of $8.10.
See today’s analyst top recommended stocks >>
The company has a one-year high of $8.42 and a one-year low of $3.02. Currently, Glu Mobile has an average volume of 2.84M.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2018, Benjamin Smith, a Director at GLUU sold 179,595 shares for a total of $1,324,003.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Glu Mobile, Inc. designs, markets and sells mobile games. It specializes in free-to-play mobile games designed to a section of users who download and make purchases games through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, Amazon Appstore and others.
