comScore CEO Magid Abraham Unloads 100,000 Shares (SCOR)
comScore (NASDAQ:SCOR) CEO Magid Abraham unloaded 100,000 shares of the stock on the open market in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $28.19, for a total transaction of $2,819,000.00. Following the completion of the transaction, the chief executive officer now directly owns 613,649 shares in the company. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on SCOR shares. Analysts at Zacks upgraded shares of comScore (NASDAQ:SCOR) from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, July 30th. They now have a $31.00 price target on the stock. Separately, analysts at Oppenheimer raised their price target on shares of comScore (NASDAQ:SCOR) from $24.00 to $33.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of comScore (NASDAQ:SCOR) in a research note to investors on Friday, July 26th. They now have a $27.00 price target on the stock, up previously from $17.00.
One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $27.60.
Shares of comScore (NASDAQ:SCOR) traded up 1.17% on Friday, hitting $28.44. 120,692 shares of the company’s stock traded hands. comScore has a 52-week low of $12.26 and a 52-week high of $29.83. The stock’s 50-day moving average is $28.58 and its 200-day moving average is $21.93. The company’s market cap is $978.8 million.
comScore (NASDAQ:SCOR) last released its earnings data on Thursday, July 25th. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.05. The company had revenue of $69.90 million for the quarter, compared to the consensus estimate of $67.03 million. During the same quarter in the prior year, the company posted ($0.20) earnings per share. The company’s quarterly revenue was up 15.9% on a year-over-year basis.
comScore, Inc, is a provider of on-demand digital analytics solutions that help its customers to make informed, data-driven decisions and implement digital business strategies.
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