Insider Selling: Ardsley Advisory Partners Sells 59,562 Shares of Saba Software Stock (SABA)
Saba Software (NASDAQ:SABA) major shareholder Ardsley Advisory Partners sold 59,562 shares of Saba Software stock on the open market in a transaction dated Thursday, April 24th. The stock was sold at an average price of $11.26, for a total value of $670,668.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Saba Software (NASDAQ:SABA) remained flat at $11.25 during during mid-day trading trading on Friday. 35,847 shares of the company’s stock traded hands. Saba Software has a 1-year low of $8.50 and a 1-year high of $13.90. The stock has a 50-day moving average of $11.96 and a 200-day moving average of $12.1. The company’s market cap is $335.1 million.
Saba Software, Inc (NASDAQ:SABA) is a provider of people systems, which constitute a class of business-critical software that combines enterprise learning, people management and collaboration technologies.
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