Insider Selling: SVMK Inc. (NASDAQ:SVMK) Insider Sells 6,179 Shares of Stock

SVMK Inc. (NASDAQ:SVMK) insider Rebecca Cantieri sold 6,179 shares of the company’s stock in a transaction on Thursday, June 17th. The stock was sold at an average price of $22.04, for a total value of $136,185.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ:SVMK opened at $22.07 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.61. The stock’s fifty day moving average is $19.32. SVMK Inc. has a fifty-two week low of $16.35 and a fifty-two week high of $28.12. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of -31.99 and a beta of 1.28.

SVMK (NASDAQ:SVMK) last issued its earnings results on Thursday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.03). The company had revenue of $102.30 million for the quarter, compared to the consensus estimate of $100.89 million. SVMK had a negative return on equity of 28.80% and a negative net margin of 24.89%. SVMK’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.03) EPS. Equities research analysts anticipate that SVMK Inc. will post -0.64 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State of New Jersey Common Pension Fund D grew its holdings in SVMK by 0.6% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 91,088 shares of the company’s stock valued at $2,327,000 after buying an additional 563 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of SVMK by 5.4% in the 4th quarter. Victory Capital Management Inc. now owns 17,392 shares of the company’s stock worth $444,000 after buying an additional 890 shares during the last quarter. M&T Bank Corp increased its holdings in shares of SVMK by 10.0% in the 4th quarter. M&T Bank Corp now owns 10,004 shares of the company’s stock worth $255,000 after buying an additional 910 shares during the last quarter. Aperio Group LLC increased its holdings in shares of SVMK by 8.8% in the 4th quarter. Aperio Group LLC now owns 11,315 shares of the company’s stock worth $289,000 after buying an additional 914 shares during the last quarter. Finally, Baillie Gifford & Co. bought a new stake in shares of SVMK in the 4th quarter worth about $26,000. Institutional investors and hedge funds own 77.49% of the company’s stock.

A number of equities research analysts have commented on SVMK shares. TheStreet cut shares of SVMK from a “c-” rating to a “d” rating in a research note on Thursday, March 4th. Needham & Company LLC decreased their target price on shares of SVMK from $29.00 to $22.00 and set a “buy” rating on the stock in a research note on Friday, May 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $26.43.

SVMK Company Profile

SVMK Inc provides software solutions that help companies turn stakeholder feedback into action in the United States and internationally. It offers survey software products that enable customers to measure, benchmark, and act on stakeholder feedback; GetFeedback CX platform, which enables companies to engage and retain their customers based on the ability to continuously listen and act on digital feedback; GetFeedback Digital provides continuous and in-the-moment customer feedback from a company's website, web apps, and mobile apps; GetFeedback Direct that enables survey deployment to company's customers through email and SMS; and GetFeedback Complete, an end-to-end customer experience solution that combines GetFeedback Digital and GetFeedback Direct.

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Insider Buying and Selling by Quarter for SVMK (NASDAQ:SVMK)

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