Everbridge (EVBG) CFO Sells $30,701.05 in Stock

Everbridge (NASDAQ:EVBG) CFO Kenneth S. Goldman sold 815 shares of the stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $37.67, for a total value of $30,701.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

EVBG opened at $38.40 on Thursday. Everbridge has a fifty-two week low of $21.56 and a fifty-two week high of $39.12. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 1.60.

How to Become a New Pot Stock Millionaire

Everbridge (NASDAQ:EVBG) last posted its quarterly earnings results on Wednesday, February 21st. The technology company reported ($0.02) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.02). Everbridge had a negative return on equity of 33.84% and a negative net margin of 18.82%. The company had revenue of $29.18 million during the quarter, compared to the consensus estimate of $28.49 million. During the same period last year, the business earned ($0.03) EPS. The business’s quarterly revenue was up 37.1% on a year-over-year basis. equities analysts forecast that Everbridge will post -1.43 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. Ironwood Investment Management LLC purchased a new stake in shares of Everbridge during the 4th quarter worth about $226,000. Teacher Retirement System of Texas purchased a new stake in shares of Everbridge during the 4th quarter worth about $234,000. UBS Asset Management Americas Inc. purchased a new stake in shares of Everbridge during the 4th quarter worth about $247,000. MetLife Investment Advisors LLC bought a new position in shares of Everbridge in the 4th quarter valued at approximately $248,000. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Everbridge in the 4th quarter valued at approximately $297,000. 79.29% of the stock is owned by institutional investors.

EVBG has been the subject of several research analyst reports. William Blair reissued a “buy” rating on shares of Everbridge in a research note on Tuesday, December 26th. Zacks Investment Research downgraded Everbridge from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, January 9th. Stifel Nicolaus reissued a “buy” rating and issued a $33.00 price objective on shares of Everbridge in a research note on Thursday, January 11th. BidaskClub raised Everbridge from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Finally, KeyCorp reissued a “buy” rating and issued a $37.00 price objective (up from $30.00) on shares of Everbridge in a research note on Wednesday, January 17th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $36.56.

COPYRIGHT VIOLATION NOTICE: “Everbridge (EVBG) CFO Sells $30,701.05 in Stock” was first published by Week Herald and is owned by of Week Herald. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark laws. The legal version of this piece of content can be accessed at https://weekherald.com/2018/04/19/everbridge-evbg-cfo-sells-30701-05-in-stock.html.

Everbridge Company Profile

Everbridge, Inc operates as a software company in the United States, Sweden, England, and China. The company offers Critical Event Management, a SaaS-based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification, which enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management, which enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage.

Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

Receive News & Ratings for Everbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everbridge and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply