Everbridge, Inc. (NASDAQ:EVBG) SVP Scott Burnett sold 1,300 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $27.35, for a total value of $35,555.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Scott Burnett also recently made the following trade(s):
- On Monday, October 16th, Scott Burnett sold 9,000 shares of Everbridge stock. The shares were sold at an average price of $26.91, for a total value of $242,190.00.
- On Friday, September 15th, Scott Burnett sold 8,695 shares of Everbridge stock. The stock was sold at an average price of $23.38, for a total value of $203,289.10.
Everbridge, Inc. (EVBG) traded down $1.53 during midday trading on Monday, hitting $24.74. The company had a trading volume of 541,655 shares, compared to its average volume of 232,769. Everbridge, Inc. has a one year low of $15.28 and a one year high of $29.99.
Everbridge (NASDAQ:EVBG) last released its earnings results on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. Everbridge had a negative return on equity of 29.44% and a negative net margin of 17.10%. The business had revenue of $27.31 million for the quarter, compared to the consensus estimate of $26.41 million. During the same period in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was up 37.0% compared to the same quarter last year. research analysts predict that Everbridge, Inc. will post -0.55 EPS for the current fiscal year.
A number of equities analysts have commented on the company. ValuEngine raised Everbridge from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. Zacks Investment Research raised Everbridge from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research note on Friday, November 10th. Northland Securities reiterated a “buy” rating and issued a $33.00 price objective on shares of Everbridge in a research report on Friday, November 10th. Needham & Company LLC lifted their price objective on Everbridge from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Finally, KeyCorp lifted their price objective on Everbridge from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 7th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $31.00.
A number of institutional investors have recently added to or reduced their stakes in EVBG. Janus Henderson Group PLC bought a new stake in Everbridge in the third quarter worth $16,417,000. Lord Abbett & CO. LLC purchased a new position in shares of Everbridge in the second quarter worth $11,771,000. Hood River Capital Management LLC purchased a new position in shares of Everbridge in the third quarter worth $12,288,000. Vanguard Group Inc. raised its stake in shares of Everbridge by 115.8% in the second quarter. Vanguard Group Inc. now owns 696,917 shares of the technology company’s stock worth $16,977,000 after purchasing an additional 373,899 shares during the last quarter. Finally, Voya Investment Management LLC purchased a new position in shares of Everbridge in the second quarter worth $8,364,000. 65.40% of the stock is currently owned by institutional investors and hedge funds.
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Everbridge Company Profile
Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.
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