| Ellie Mae is a cloud-based platform provider for the mortgage finance industry. Co.'s Encompass digital mortgage software is an end-to-end enterprise solution that handles most of the functions involved in running the business of originating mortgages including: marketing; lead management; loan origination; loan processing; underwriting; preparation of mortgage applications, disclosure agreements, and closing documents; funding and closing the loan for the borrower; compliance with regulatory and investor requirements and overall enterprise management that provides one system of record for loans. Delivery of Co.'s Encompass software is in an on-demand Software-as-a-Service environment. We show 34 historical shares outstanding datapoints in our ELLI shares outstanding history coverage, used to compute ELLI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ELLI market cap history over the course of time is important for investors
interested in comparing ELLI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ELLI versus a peer is one thing; comparing
ELLI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ELLI can fluctuate over the course of history.
With this page we aim to empower investors researching ELLI by allowing them to research the ELLI market cap history.