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FleetMatics Group PLC (NASDAQ:FLTX) CFO Stephen J. Lifshatz sold 7,500 shares of FleetMatics Group PLC stock on the open market in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $40.90, for a total value of $306,750.00. Following the completion of the sale, the chief financial officer now directly owns 1 shares of the company’s stock, valued at approximately $41. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of FleetMatics Group PLC (NASDAQ:FLTX) traded down 0.73% on Thursday, hitting $39.28. The stock had a trading volume of 186,185 shares. FleetMatics Group PLC has a 1-year low of $21.14 and a 1-year high of $52.28. The stock has a 50-day moving average of $39.86 and a 200-day moving average of $38.64. The company has a market cap of $1.448 billion and a price-to-earnings ratio of 73.01.

FleetMatics Group PLC (NASDAQ:FLTX) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.03. The company had revenue of $46.30 million for the quarter, compared to the consensus estimate of $44.55 million. During the same quarter in the prior year, the company posted $0.19 earnings per share. The company’s quarterly revenue was up 39.5% on a year-over-year basis. Analysts expect that FleetMatics Group PLC will post $0.86 EPS for the current fiscal year.

FLTX has been the subject of a number of recent research reports. Analysts at First Analysis initiated coverage on shares of FleetMatics Group PLC in a research note to investors on Tuesday. They set an “overweight” rating and a $40.16 price target on the stock. Separately, analysts at FBR Capital Markets initiated coverage on shares of FleetMatics Group PLC in a research note to investors on Thursday, December 19th. They set an “outperform” rating on the stock. Finally, analysts at Midtown Partners initiated coverage on shares of FleetMatics Group PLC in a research note to investors on Tuesday, December 3rd. They set a “neutral” rating on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $44.03.

Fleetmatics Group PLC (NASDAQ:FLTX) is a provider of fleet management solutions delivered as software-as-a-service (SaaS).

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