Essex Investment Management Co. LLC raised its stake in GlobalSCAPE, Inc. (NYSEMKT:GSB) by 344.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 185,591 shares of the technology company’s stock after buying an additional 143,858 shares during the period. Essex Investment Management Co. LLC owned 0.86% of GlobalSCAPE worth $982,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Nationwide Fund Advisors increased its position in GlobalSCAPE by 38.9% in the first quarter. Nationwide Fund Advisors now owns 96,404 shares of the technology company’s stock valued at $378,000 after buying an additional 27,000 shares during the last quarter. Spark Investment Management LLC increased its position in GlobalSCAPE by 16.9% in the second quarter. Spark Investment Management LLC now owns 78,800 shares of the technology company’s stock valued at $416,000 after buying an additional 11,400 shares during the last quarter. Dimensional Fund Advisors LP increased its position in GlobalSCAPE by 9.5% in the first quarter. Dimensional Fund Advisors LP now owns 155,453 shares of the technology company’s stock valued at $609,000 after buying an additional 13,520 shares during the last quarter. Bard Associates Inc. increased its position in GlobalSCAPE by 1.2% in the first quarter. Bard Associates Inc. now owns 320,855 shares of the technology company’s stock valued at $1,258,000 after buying an additional 3,860 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in GlobalSCAPE by 8.6% in the fourth quarter. Renaissance Technologies LLC now owns 762,500 shares of the technology company’s stock valued at $3,103,000 after buying an additional 60,441 shares during the last quarter.
GlobalSCAPE, Inc. (GSB) traded up 3.57% during trading on Friday, hitting $4.06. 77,084 shares of the stock were exchanged. The company has a 50-day moving average price of $4.95 and a 200 day moving average price of $4.34. GlobalSCAPE, Inc. has a 1-year low of $3.25 and a 1-year high of $5.51. The firm has a market capitalization of $87.58 million, a price-to-earnings ratio of 21.37 and a beta of 0.64.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Wednesday, August 23rd will be issued a $0.015 dividend. This represents a $0.06 annualized dividend and a yield of 1.48%. The ex-dividend date is Monday, August 21st. GlobalSCAPE’s dividend payout ratio is 33.34%.
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In other news, major shareholder 210/Gsb Acquisition Partners, bought 390,000 shares of GlobalSCAPE stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average cost of $3.92 per share, with a total value of $1,528,800.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
GlobalSCAPE Company Profile
GlobalSCAPE, Inc provides secure information exchange capabilities for enterprises and consumers through the development and distribution of software, delivery of managed and hosted solutions, and provisioning of associated services. The Company’s primary product is Enhance File Transfer (EFT). Its software products and services include Managed File Transfer Solutions (MFT), Secure Content Mobility Solutions, Wide Area File Services (WAFS), Managed E-Mail Attachment Solution, Consumer-Based File Transfer Solution and professional services.
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