86,255 Shares in Monaker Group Inc (OTCMKTS:MKGI) Purchased by Granite Investment Partners LLC

Granite Investment Partners LLC purchased a new position in Monaker Group Inc (OTCMKTS:MKGI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 86,255 shares of the company’s stock, valued at approximately $175,000. Granite Investment Partners LLC owned about 0.81% of Monaker Group as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. Westwood Management Corp IL bought a new position in shares of Monaker Group in the first quarter worth $61,000. Vanguard Group Inc. acquired a new stake in Monaker Group during the 3rd quarter worth about $212,000. Finally, Vanguard Group Inc acquired a new stake in Monaker Group during the 3rd quarter worth about $212,000.

MKGI traded up $0.29 on Friday, reaching $2.84. The company had a trading volume of 7,910 shares, compared to its average volume of 28,862. The stock’s 50-day simple moving average is $2.93. Monaker Group Inc has a 1 year low of $0.85 and a 1 year high of $3.71.

Separately, Ascendiant Capital Markets started coverage on Monaker Group in a research report on Monday, May 13th. They set a “buy” rating and a $4.50 price target on the stock.

Monaker Group Company Profile

Monaker Group, Inc, formerly Next 1 Interactive, Inc, is a technology driven travel and logistics company. The Company operates NextTrip.com, an online marketplace for the alternative lodging rental (ALR) industry. It operates through a segment consisting of various products and services related to its online marketplace of travel and related logistics, including destination tours/activities, accommodation rental listings, hotel listings, air and car rental.

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