Concur Technologies EVP Sells $510,469 in Stock (CNQR)
Concur Technologies (NASDAQ:CNQR) EVP Elena A. Donio sold 5,625 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $90.75, for a total transaction of $510,468.75. Following the sale, the executive vice president now directly owns 41,372 shares in the company, valued at approximately $3,754,509. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on CNQR. Analysts at Roth Capital initiated coverage on shares of Concur Technologies in a research note on Wednesday, June 25th. They set a “buy” rating and a $130.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Concur Technologies in a research note on Friday, June 20th. They now have a $98.00 price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Concur Technologies from $90.00 to $77.00 in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $107.43.
Concur Technologies (NASDAQ:CNQR) traded up 2.38% during mid-day trading on Wednesday, hitting $92.96. The stock had a trading volume of 830,289 shares. Concur Technologies has a one year low of $74.43 and a one year high of $130.39. The stock’s 50-day moving average is $89.85 and its 200-day moving average is $99.48. The company’s market cap is $5.288 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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