Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of the firm’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $33.99, for a total transaction of $385,310.64. Following the completion of the transaction, the executive now directly owns 12,480 shares of the company’s stock, valued at $424,195.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Coupa Software Inc (COUP) opened at $36.01 on Thursday. The stock has a market capitalization of $1,896.35, a price-to-earnings ratio of -45.01 and a beta of 4.39. Coupa Software Inc has a 52-week low of $22.50 and a 52-week high of $37.72.
Coupa Software (NASDAQ:COUP) last released its earnings results on Monday, December 4th. The technology company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.06. Coupa Software had a negative return on equity of 20.40% and a negative net margin of 24.37%. The business had revenue of $47.30 million during the quarter, compared to the consensus estimate of $45.02 million. During the same period last year, the company earned ($0.22) earnings per share. The business’s revenue for the quarter was up 33.6% compared to the same quarter last year. equities analysts forecast that Coupa Software Inc will post -0.94 EPS for the current fiscal year.
A number of research firms recently weighed in on COUP. CIBC began coverage on shares of Coupa Software in a report on Friday, December 22nd. They issued an “outperform” rating and a $41.00 target price for the company. Northland Securities set a $41.00 target price on shares of Coupa Software and gave the company a “buy” rating in a report on Wednesday. Zacks Investment Research lowered shares of Coupa Software from a “buy” rating to a “hold” rating in a report on Friday, December 8th. Barclays restated a “hold” rating and issued a $38.00 price target (up from $34.00) on shares of Coupa Software in a research report on Monday, November 27th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $36.00 price target on shares of Coupa Software in a research report on Tuesday, December 5th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $36.87.
About Coupa Software
Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.
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