Open Text (OTEX) News Today

Letko Brosseau & Associates Inc. grew its stake in shares of Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 16.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,929,040 shares of the sof

National Bank of Canada FI lifted its stake in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 17.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,021,893 shares of the software maker's stock after

Cooke & Bieler LP grew its holdings in shares of Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 18.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,536,769 shares of the software maker's stock after buying an additional

CIBC Asset Management Inc increased its stake in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,022,387 shares of the software maker's stoc

Intact Investment Management Inc. reduced its position in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 67.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 351,440 shares of the software maker's stock after selling 713,780 shares during the period. In

Open Text Co. (NASDAQ:OTEX - Get Free Report) (TSE:OTC) was the target of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 4,740,000 shares, a growth of 24.4% from the July 31st total of 3,810,000 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average trading volume of 674,500 shares, the days-to-cover ratio is currently 7.0 days.

Migdal Insurance & Financial Holdings Ltd. bought a new stake in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,000 shares of t

Open Text Co. (NASDAQ:OTEX - Get Free Report) (TSE:OTC) has been assigned a consensus recommendation of "Hold" from the twelve analysts that are covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and four have issued a buy recommen

Open Text Co. (NASDAQ:OTEX) (TSE:OTC) declared a quarterly dividend on Wednesday, July 31st. Shareholders of record on Friday, August 30th will be paid a dividend of 0.192 per share by the software maker on Friday, September 20th. This represents a $0.77 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Friday, August 30th.

Callan Family Office LLC acquired a new position in shares of Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,560 shares of

Easterly Investment Partners LLC increased its holdings in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 44.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 482,959 shares of the software

Addenda Capital Inc. lowered its position in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 9.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 451,128 shares of the software maker's stock after selling 46,300 shares during the period. A

Barclays cut their target price on shares of Open Text from $38.00 to $36.00 and set an "equal weight" rating on the stock in a research note on Monday.

Open Text (NASDAQ:OTEX - Get Free Report) (TSE:OTC) announced its quarterly earnings results on Thursday. The software maker reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. Open Text had a return on equity of 25.22% and a net margin of 8.06%. The company had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.41 billion. During the same period in the prior year, the company earned $0.79 EPS. Open Text's revenue was down 8.6% compared to the same quarter last year.

Shares of Open Text Co. (NASDAQ:OTEX - Get Free Report) (TSE:OTC) have earned an average recommendation of "Hold" from the twelve analysts that are currently covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and four have issued a buy

Jefferies Financial Group dropped their target price on Open Text from $42.00 to $35.00 and set a "buy" rating on the stock in a research report on Friday.

National Bankshares cut Open Text from an "outperform" rating to a "sector perform" rating and set a $38.00 price objective for the company. in a research note on Friday.

Vanguard Group Inc. grew its position in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,344,910 shares of the software maker's stock after a

Canada Pension Plan Investment Board raised its position in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 3.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 868,775 shares of the software maker's stock

Open Text (NASDAQ:OTEX) (TSE:OTC) will be releasing earnings after the market closes on Thursday, August 1, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=607630)

Clearbridge Investments LLC lessened its position in shares of Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 1.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 2,763,484 shares of the software maker's stock after selling 35,822 shares during the qua

Allspring Global Investments Holdings LLC trimmed its stake in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 98.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,652 shares of the software maker's stock after se

Intech Investment Management LLC bought a new stake in shares of Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 19,623 shares of the software maker's stock, valued at approximately $762

Forge First Asset Management Inc. bought a new stake in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) during the first quarter, according to its most recent filing with the SEC. The firm bought 59,400 shares of the software maker's stock, valued at approximately $2,305,000. A number of other

CIBC decreased their price objective on shares of Open Text from $36.00 to $33.00 and set a "neutral" rating for the company in a research note on Friday.

Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) - Investment analysts at National Bank Financial issued their Q4 2024 EPS estimates for shares of Open Text in a research note issued on Wednesday, July 17th. National Bank Financial analyst R. Tse expects that the software maker will earn $0.91

Swiss National Bank cut its stake in shares of Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 7.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 820,100 shares of the software maker's stock after selling 61,700 s

New South Capital Management Inc. cut its stake in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 1.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,624,758 shares of the software maker's stock after

Allspring Global Investments Holdings LLC trimmed its holdings in Open Text Co. (NASDAQ:OTEX - Free Report) (TSE:OTC) by 98.8% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,652 shares of the software maker's stock after selling 134,610 shares during th