JMP Securities:j2 Global (NASDAQ:JCOM) Valuation Insights

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How JMP Securities Currently Rates j2 Global (NASDAQ:JCOM)

JMP Securities issued “Mkt Outperform” rating on j2 Global (NASDAQ:JCOM). The firm have commenced coverage coverage on shares of JCOM in a comprehensive report sent to investors on 18 December.

From a total of 4 analysts covering j2 Global (NASDAQ:JCOM) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is $102 while the lowest target price is $80. The mean of all analyst targets is $89.75 with a 13.59% above today’s ($77.91) stock price. j2 Global was the topic of 4 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. FBR Capital maintained shares on November 4 with “Mkt Perform” rating.

Approximately 170,910 shares of stock traded hands. J2 Global Inc (NASDAQ:JCOM) has risen 14.64% since May 15, 2015 and is uptrending. It has outperformed by 18.45% the S&P500.

The overall sentiment of institutions has decreased to 0.94 in Q2 2015. Its down 0.09, from 1.03 in 2015Q2. The ratio fall, as 20 institutions have sold all the shares of J2 Global Inc that they owned while 91 funds have taken shares off the table. 17 funds have purchased shares for the first time while 87 added to their positions. These institutions now hold 45.78 million shares or 4.82% less than the 48.10 million shares they owned in 2015Q2.

The Fund Rail currently is holding shares equating to 2.78% of its total portfolio in J2 Global Inc representing a total of 141,829 shares. Another fund,Brave Asset Management Inc, is holding a total of 48,030 shares equating to 2.6% of their holdings. Additionally, S&T Bank Pa has a 220,534 share stake in J2 Global Inc which represents 2.49% of their total portfolio. The Fund, Fcm Investments Tx, based out of Texas, has also built up a stake in the stock, which represents a total of 2.47% of their total portfolio. Finally Cardinal Capital Management Llc Ct, a fund which is based in the state of Connecticut reported a total holdings of 518,027 shares.

Insider activity is a very important aspect to track on any stock. Going back to May 13, 2015, shareholders of J2 Global Inc have witnessed 0 insider purchases, and a total of 6 sales equating to a net activity of approximately $6.56 million . Cresci Robert J sold 15,000 shares worth approximately $1.02M. Zucker Nehemia sold 6,005 shares worth approximately $453,403. Ressler Richard S sold 24,304 shares worth approximately $1.79 million. Kretzmer W Brian sold 21,555 shares worth approximately $1.44M. The company insider Ross Stephen sold 20,823 shares worth $1.40 million.

j2 Global, Inc. provides Internet services through two divisions: Business Cloud Services and Digital Media. The company has a market cap of $3.81 billion. The Business Cloud Services Division offers Internet fax, virtual phone, hosted e-mail, e-mail marketing, online backup, unified communications and CRM solutions. It has 29.15 P/E ratio. It markets its services principally under the brand names eFax, eVoice, FuseMail, Campaigner, KeepItSafe, Livedrive and Onebox, and operates a messaging network spanning 49 countries on six continents.

According to Zacks Investment Research, “j2 Global, Inc. provides cloud-based communications and storage messaging services. The Company offers online fax, virtual voice, hosted email, email marketing, online backup and unified communications services. j2 markets its services principally under the brand names eFax, eVoice, Electric Mail, Campaigner, KeepItSafe and Onebox. It also provides software-as-a-service communication services and solutions to the business market. j2 Global Inc. formerly known as j2 Global Communications, Inc., is headquartered in Los Angeles, California.”

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