Web.com Group EVP Roseann Duran Sells 30,000 Shares (WWWW)
Web.com Group (NASDAQ:WWWW) EVP Roseann Duran sold 30,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $31.35, for a total value of $940,500.00. Following the sale, the executive vice president now directly owns 110,213 shares of the company’s stock, valued at approximately $3,455,178. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Web.com Group (NASDAQ:WWWW) traded up 0.77% on Monday, hitting $31.59. The stock had a trading volume of 575,390 shares. Web.com Group has a one year low of $15.15 and a one year high of $33.70. The stock’s 50-day moving average is $29.07 and its 200-day moving average is $28.50. The company’s market cap is $1.556 billion.
Web.com Group (NASDAQ:WWWW) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.55 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.02. The company had revenue of $134.80 million for the quarter, compared to the consensus estimate of $134.21 million. During the same quarter last year, the company posted $0.41 earnings per share. Web.com Group’s revenue was up 8.5% compared to the same quarter last year. On average, analysts predict that Web.com Group will post $2.11 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at FBR Capital Markets raised their price target on shares of Web.com Group from $33.00 to $34.00 in a research note to investors on Wednesday, November 6th. They now have an “outperform” rating on the stock. Analysts at Deutsche Bank raised their price target on shares of Web.com Group from $27.00 to $28.00 in a research note to investors on Wednesday, November 6th. They now have a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $29.14.
Web.com Group, Inc (NASDAQ:WWWW) is a provider of a line of Internet services for small- to medium-sized businesses (SMBs).
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