Sapient Corp. Director Purchases $21,652 in Stock (SAPE)
Sapient Corp. (NASDAQ:SAPE) Director Silvia Lagnado bought 1,330 shares of Sapient Corp. stock in a transaction dated Thursday, June 12th. The stock was purchased at an average price of $16.28 per share, for a total transaction of $21,652.40. Following the purchase, the director now directly owns 12,064 shares of the company’s stock, valued at approximately $196,402. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Sapient Corp. (NASDAQ:SAPE) traded up 0.90% on Friday, hitting $16.245. 442,936 shares of the company’s stock traded hands. Sapient Corp. has a 1-year low of $12.51 and a 1-year high of $17.95. The stock has a 50-day moving average of $16.34 and a 200-day moving average of $16.58. The company has a market cap of $2.303 billion and a price-to-earnings ratio of 27.33.
Sapient Corp. (NASDAQ:SAPE) last announced its earnings results on Tuesday, May 6th. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.06. The company had revenue of $353.20 million for the quarter, compared to the consensus estimate of $333.51 million. During the same quarter last year, the company posted $0.12 earnings per share. Sapient Corp.’s revenue was up 16.6% compared to the same quarter last year. On average, analysts predict that Sapient Corp. will post $0.68 earnings per share for the current fiscal year.
Separately, analysts at SunTrust initiated coverage on shares of Sapient Corp. in a research note on Monday, March 24th. They set a “buy” rating and a $22.00 price target on the stock. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $17.00.
Sapient Corporation (NASDAQ:SAPE) is a global services company, which helps clients leverage marketing and technology to transform their businesses.
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