Analysts await Model N, Inc. (NASDAQ:MODN) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-0.36 EPS, down 52.78% or $0.19 from last year’s $-0.17 per share.

At the moment 5 analysts are watching Model N, Inc. (NASDAQ:MODN), 1 rate it “Buy”, 1 “Outperform”, 3 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Mar-16, 5 analysts have a mean sales target of 25.61 million. For the quarter ending Jun-16, 5 analysts have a mean sales target of 27.34 million whilst for the year ending Sep-16, 5 analysts have a mean target of 107.18 million.

In terms of earnings per share, 5 analysts have a -0.25 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 5 analysts have a -0.13 EPS mean target and for the quarter ending Jun-16 there are 5 estimates of -0.64 EPS.

The biggest institutional shareholders in Model N, Inc. include Massachusetts Financial Services Company which owns 3 million shares in the company valued at $34.52 million. RGM Capital LLC is the second biggest holder with 2 million shares currently valued at 25.92 million whilst MFS Investment Management KK has 2 million shares valued at 25.41 million.

Total shares held by institutions as of the most recent company filings are 21,066,493 with a reported 2,432,010 bought and 1,295,899 sold. These holdings make up 77.88% of the company’s outstanding shares.

Currently insiders hold 3,208,732 shares in the business which makes up 11.86% of shares. The biggest holder currently is Mr. Zack Rinat who owns 2,238,309 shares (8.28% of those outstanding), whilst Mr. Edward F. Sander, Jr holds 419,512 (1.55% of shares outstanding) and Mark Tisdel holds 226,238 (0.84% of shares outstanding).

The stock increased 0.19% or $0.02 during the last trading session, hitting $10.67. Model N, Inc. (NASDAQ:MODN) has risen 1.31% over the past 6 months and is uptrending.