Zendesk (NYSE:ZEN) is set to announce its earnings results after the market closes on Tuesday, February 6th.
Shares of Zendesk (NYSE:ZEN) opened at $37.94 on Monday. Zendesk has a 52-week low of $24.15 and a 52-week high of $39.30. The stock has a market cap of $3,850.00, a price-to-earnings ratio of -34.49 and a beta of 1.87.
In other news, SVP John Geschke sold 787 shares of the company’s stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $35.05, for a total value of $27,584.35. Following the completion of the transaction, the senior vice president now directly owns 12,582 shares in the company, valued at $440,999.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elena Gomez sold 1,200 shares of the stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $33.66, for a total transaction of $40,392.00. Following the transaction, the chief financial officer now owns 2,535 shares in the company, valued at $85,328.10. The disclosure for this sale can be found here. Insiders sold 124,071 shares of company stock valued at $4,338,091 over the last 90 days. Insiders own 5.30% of the company’s stock.
Several equities research analysts have recently issued reports on ZEN shares. Stephens lowered shares of Zendesk from an “equal weight” rating to an “underweight” rating and set a $25.00 price objective for the company. in a research report on Monday, October 9th. KeyCorp reissued a “buy” rating and issued a $35.00 price objective on shares of Zendesk in a research report on Sunday, October 15th. Royal Bank of Canada reissued a “buy” rating and issued a $35.00 price objective on shares of Zendesk in a research report on Wednesday, October 18th. Morgan Stanley increased their price objective on shares of Zendesk from $33.00 to $35.00 and gave the stock an “overweight” rating in a research report on Monday, October 23rd. Finally, Wells Fargo & Co reissued an “outperform” rating and issued a $40.00 price objective (up previously from $32.00) on shares of Zendesk in a research report on Thursday, November 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $35.71.
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Zendesk Company Profile
Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.
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