OpenTable CFO Sells $241,530 in Stock (OPEN)
OpenTable (NASDAQ:OPEN) CFO I. Duncan Robertson sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $80.51, for a total transaction of $241,530.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on OPEN. Analysts at Telsey Advisory Group raised their price target on shares of OpenTable from $80.00 to $91.00 in a research note to investors on Monday, January 6th. They now have a “not rated” rating on the stock. Separately, analysts at Zacks downgraded shares of OpenTable from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 2nd. They now have a $88.90 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of OpenTable from a “buy” rating to a “neutral” rating in a research note to investors on Monday, December 2nd. They now have a $87.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $73.83.
Shares of OpenTable (NASDAQ:OPEN) traded down 3.21% during mid-day trading on Monday, hitting $76.82. 491,017 shares of the company’s stock traded hands. OpenTable has a one year low of $48.81 and a one year high of $87.48. The stock has a 50-day moving average of $79.78 and a 200-day moving average of $74.42. The company has a market cap of $1.788 billion and a P/E ratio of 61.57.
OpenTable, Inc (NASDAQ:OPEN) provides solution that forms an online network connecting reservation-taking restaurants and people who dine at those restaurants.
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.