Responsys Insider Donald Eugene Smith Sells 12,000 Shares (MKTG)
Responsys (NASDAQ:MKTG) Insider Donald Eugene Smith sold 12,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $14.35, for a total value of $172,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on MKTG shares. Analysts at Zacks downgraded shares of Responsys (NASDAQ:MKTG) from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, August 8th. They now have a $14.20 price target on the stock. Separately, analysts at JMP Securities raised their price target on shares of Responsys (NASDAQ:MKTG) from $18.00 to $23.00 in a research note to investors on Tuesday, August 6th. Finally, analysts at Pacific Crest set a $20.00 price target on shares of Responsys (NASDAQ:MKTG) in a research note to investors on Tuesday, August 6th.
One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $17.44.
Shares of Responsys (NASDAQ:MKTG) traded up 0.27% during mid-day trading on Monday, hitting $14.71. 474,462 shares of the company’s stock traded hands. Responsys has a one year low of $5.47 and a one year high of $16.93. The stock’s 50-day moving average is $14.62 and its 200-day moving average is $11.41. The company has a market cap of $740.6 million and a P/E ratio of 143.82.
Responsys (NASDAQ:MKTG) last released its earnings data on Monday, August 5th. The company reported $0.02 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.02. The company had revenue of $49.50 million for the quarter, compared to the consensus estimate of $46.19 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 25.3% on a year-over-year basis. Analysts expect that Responsys will post $0.15 EPS for the current fiscal year.
Responsys, Inc (NASDAQ:MKTG) is a provider of on-demand software and professional services.
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