Everbridge Inc (NASDAQ:EVBG) SVP Imad Mouline sold 3,000 shares of the firm’s stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $55.39, for a total value of $166,170.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Imad Mouline also recently made the following trade(s):
- On Thursday, November 1st, Imad Mouline sold 3,000 shares of Everbridge stock. The shares were sold at an average price of $50.19, for a total value of $150,570.00.
- On Monday, October 1st, Imad Mouline sold 3,000 shares of Everbridge stock. The shares were sold at an average price of $57.30, for a total value of $171,900.00.
NASDAQ EVBG traded down $1.67 during trading on Friday, hitting $51.69. The company’s stock had a trading volume of 4,013 shares, compared to its average volume of 422,945. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market cap of $1.56 billion, a PE ratio of -90.11 and a beta of 1.59. Everbridge Inc has a fifty-two week low of $24.52 and a fifty-two week high of $63.00.
Everbridge (NASDAQ:EVBG) last issued its quarterly earnings results on Monday, November 5th. The technology company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.28) by $0.05. The business had revenue of $38.90 million during the quarter, compared to the consensus estimate of $38.09 million. Everbridge had a negative return on equity of 70.30% and a negative net margin of 32.34%. The company’s quarterly revenue was up 42.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.02) earnings per share. On average, sell-side analysts predict that Everbridge Inc will post -1.44 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of EVBG. Quantbot Technologies LP lifted its holdings in shares of Everbridge by 127.7% during the third quarter. Quantbot Technologies LP now owns 2,332 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,308 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Everbridge by 197.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,170 shares of the technology company’s stock worth $198,000 after purchasing an additional 2,767 shares during the period. Advisors Asset Management Inc. acquired a new stake in shares of Everbridge during the third quarter worth about $210,000. Raymond James Trust N.A. acquired a new stake in shares of Everbridge during the third quarter worth about $236,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Everbridge during the second quarter worth about $238,000. 92.40% of the stock is owned by institutional investors and hedge funds.
Several brokerages have weighed in on EVBG. Zacks Investment Research downgraded Everbridge from a “buy” rating to a “hold” rating in a report on Monday, November 19th. BidaskClub downgraded Everbridge from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. Finally, William Blair reissued an “outperform” rating on shares of Everbridge in a report on Tuesday, November 6th. One investment analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $54.70.
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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.
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