Ellie Mae Inc (ELLI): Insiders and Hedge Funds Aren’t Crazy About It

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
BroadSoft Inc (NASDAQ:BSFT) 9 0 0
SciQuest, Inc. (NASDAQ:SQI) 8 0 0
Accelrys, Inc. (NASDAQ:ACCL) 8 0 0
Proofpoint Inc (NASDAQ:PFPT) 11 0 0
SPS Commerce, Inc. (NASDAQ:SPSC) 6 0 0

Using the results demonstrated by the previously mentioned research, average investors should always watch hedge fund and insider trading activity, and Ellie Mae Inc (NYSE:ELLI) shareholders fit into this picture quite nicely.

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