Everbridge Inc (NASDAQ:EVBG) SVP Imad Mouline sold 6,986 shares of the stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $28.50, for a total transaction of $199,101.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Imad Mouline also recently made the following trade(s):
- On Thursday, October 5th, Imad Mouline sold 3,493 shares of Everbridge stock. The shares were sold at an average price of $26.45, for a total transaction of $92,389.85.
Everbridge Inc (EVBG) opened at $32.24 on Friday. The stock has a market cap of $897.37, a P/E ratio of -53.73 and a beta of 1.99. Everbridge Inc has a 52 week low of $16.63 and a 52 week high of $32.25.
Everbridge (NASDAQ:EVBG) last announced its earnings results on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.04. Everbridge had a negative net margin of 17.10% and a negative return on equity of 29.44%. The company had revenue of $27.31 million during the quarter, compared to analysts’ expectations of $26.41 million. During the same period last year, the company posted ($0.07) earnings per share. The business’s revenue for the quarter was up 37.0% on a year-over-year basis. research analysts predict that Everbridge Inc will post -0.55 earnings per share for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in EVBG. Vanguard Group Inc. boosted its holdings in shares of Everbridge by 11.6% in the first quarter. Vanguard Group Inc. now owns 323,018 shares of the technology company’s stock worth $6,631,000 after buying an additional 33,665 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Everbridge by 101.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 27,836 shares of the technology company’s stock worth $572,000 after buying an additional 14,036 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Everbridge by 3,697.3% in the second quarter. Russell Investments Group Ltd. now owns 129,413 shares of the technology company’s stock worth $3,153,000 after buying an additional 126,005 shares during the period. Rhumbline Advisers acquired a new position in shares of Everbridge in the second quarter worth about $452,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Everbridge by 67.8% in the second quarter. Bank of New York Mellon Corp now owns 198,687 shares of the technology company’s stock worth $4,840,000 after buying an additional 80,245 shares during the period. Institutional investors own 65.40% of the company’s stock.
Several research firms have commented on EVBG. Stifel Nicolaus reissued a “buy” rating and set a $33.00 target price on shares of Everbridge in a research note on Thursday. Zacks Investment Research cut shares of Everbridge from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, January 9th. William Blair reissued a “buy” rating on shares of Everbridge in a research note on Tuesday, December 26th. Northland Securities reissued a “buy” rating and set a $33.00 target price on shares of Everbridge in a research note on Friday, November 10th. Finally, Credit Suisse Group reissued an “outperform” rating and set a $30.00 target price (up previously from $26.50) on shares of Everbridge in a research note on Friday, November 17th. Two analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $31.33.
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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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