Concur Technologies Director Sells $248,040 in Stock (CNQR)
Concur Technologies (NASDAQ:CNQR) Director Gordon Eubanks sold 3,000 shares of Concur Technologies stock on the open market in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $82.68, for a total value of $248,040.00. Following the completion of the sale, the director now directly owns 21,182 shares of the company’s stock, valued at approximately $1,751,328. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on CNQR shares. Analysts at Nomura reiterated a “buy” rating on shares of Concur Technologies in a research note on Friday. They now have a $120.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Concur Technologies in a research note on Thursday, May 8th. They now have a $95.00 price target on the stock, down previously from $110.00. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $107.83.
Shares of Concur Technologies (NASDAQ:CNQR) traded down 0.17% on Tuesday, hitting $82.54. The stock had a trading volume of 849,652 shares. Concur Technologies has a 1-year low of $74.43 and a 1-year high of $130.39. The stock has a 50-day moving average of $87.23 and a 200-day moving average of $101.6. The company’s market cap is $4.695 billion.
Concur Technologies (NASDAQ:CNQR) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.06. The company had revenue of $167.01 million for the quarter, compared to the consensus estimate of $165.81 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 31.1% on a year-over-year basis. On average, analysts predict that Concur Technologies will post $0.62 earnings per share for the current fiscal year.
Concur Technologies, Inc (NASDAQ:CNQR) is a provider of integrated travel and expense management solutions for companies of all industries, sizes, and geographies.
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