William Blair restated their buy rating on shares of Everbridge (NASDAQ:EVBG) in a report published on Thursday.
Other analysts also recently issued research reports about the company. KeyCorp reiterated a buy rating and set a $37.00 price target (up previously from $30.00) on shares of Everbridge in a research note on Wednesday, January 17th. BidaskClub upgraded Everbridge from a hold rating to a buy rating in a research note on Tuesday, January 16th. Northland Securities reiterated a buy rating and set a $33.00 price target on shares of Everbridge in a research note on Friday, November 10th. Credit Suisse Group upped their price target on Everbridge from $30.00 to $37.00 and gave the stock an outperform rating in a research note on Thursday. Finally, Stifel Nicolaus reiterated a buy rating and set a $33.00 price target on shares of Everbridge in a research note on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of $32.89.
Shares of Everbridge (NASDAQ:EVBG) opened at $33.53 on Thursday. Everbridge has a 52 week low of $16.63 and a 52 week high of $33.85.
In related news, CFO Kenneth S. Goldman sold 10,326 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $29.51, for a total transaction of $304,720.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jaime Wallace Ellertson sold 97,500 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $26.43, for a total value of $2,576,925.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 148,028 shares of company stock valued at $4,128,849. 41.40% of the stock is owned by corporate insiders.
Large investors have recently made changes to their positions in the stock. Legal & General Group Plc boosted its stake in Everbridge by 196.3% during the 2nd quarter. Legal & General Group Plc now owns 4,355 shares of the technology company’s stock valued at $107,000 after purchasing an additional 2,885 shares during the period. Ironwood Investment Management LLC bought a new stake in Everbridge during the 4th quarter valued at approximately $226,000. Nationwide Fund Advisors boosted its stake in Everbridge by 210.1% during the 2nd quarter. Nationwide Fund Advisors now owns 9,590 shares of the technology company’s stock valued at $234,000 after purchasing an additional 6,497 shares during the period. Teacher Retirement System of Texas bought a new stake in Everbridge during the 4th quarter valued at approximately $234,000. Finally, UBS Asset Management Americas Inc. bought a new stake in Everbridge during the 4th quarter valued at approximately $247,000. Hedge funds and other institutional investors own 74.00% of the company’s stock.
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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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