Insider Selling: Mark Woodward Sells 10,000 Shares of E2OPEN Stock (EOPN)
E2OPEN (NASDAQ:EOPN) CEO Mark Woodward sold 10,000 shares of E2OPEN stock on the open market in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $20.10, for a total value of $201,000.00. Following the transaction, the chief executive officer now directly owns 65,255 shares in the company, valued at approximately $1,311,626. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of E2OPEN (NASDAQ:EOPN) traded up 2.60% on Thursday, hitting $20.54. The stock had a trading volume of 180,055 shares. E2OPEN has a one year low of $12.27 and a one year high of $25.86. The stock has a 50-day moving average of $22.0 and a 200-day moving average of $18.36. The company’s market cap is $544.5 million.
E2OPEN (NASDAQ:EOPN) last released its earnings data on Thursday, October 10th. The company reported ($0.10) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.05. The company had revenue of $18.00 million for the quarter, compared to the consensus estimate of $17.50 million. During the same quarter last year, the company posted ($0.15) earnings per share. E2OPEN’s revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that E2OPEN will post $-0.52 earnings per share for the current fiscal year.
EOPN has been the subject of a number of recent research reports. Analysts at Northland Securities reiterated a “buy” rating on shares of E2OPEN in a research note to investors on Tuesday, October 1st. They now have a $25.00 price target on the stock. Separately, analysts at Benchmark Co. raised their price target on shares of E2OPEN from $21.00 to $27.00 in a research note to investors on Tuesday, October 1st. They now have a “buy” rating on the stock. Finally, analysts at Northland Capital Partners initiated coverage on shares of E2OPEN in a research note to investors on Tuesday, August 13th. They set an “outperform” rating and a $25.00 price target on the stock. Six equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $22.50.
E2open, Inc is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.
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