Cvent SVP Sells $5,238,025 in Stock (CVT)
Cvent (NYSE:CVT) SVP Manjula Aggarwal sold 147,550 shares of Cvent stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $35.50, for a total transaction of $5,238,025.00. Following the sale, the senior vice president now directly owns 663,098 shares in the company, valued at approximately $23,539,979. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Cvent (NYSE:CVT) traded down 0.06% on Tuesday, hitting $36.25. The stock had a trading volume of 346,610 shares. Cvent has a 1-year low of $30.01 and a 1-year high of $46.13. The stock has a 50-day moving average of $35.91 and a 200-day moving average of $34.9. The company’s market cap is $1.458 billion.
Cvent (NYSE:CVT) last released its earnings data on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.07. The company had revenue of $29.10 million for the quarter, compared to the consensus estimate of $27.80 million. Cvent’s revenue was up 33.5% compared to the same quarter last year. Analysts expect that Cvent will post $0.14 EPS for the current fiscal year.
Cvent, Inc is a cloud-based enterprise event management platform. The Company offers an integrated cloud-based software platform that addresses the lifecycle of events and meetings.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.