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E2open (NASDAQ:EOPN) Director Nicholas G. Moore unloaded 54,998 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $15.46, for a total transaction of $850,269.08. Following the completion of the sale, the director now directly owns 10,600 shares of the company’s stock, valued at approximately $163,876. The transaction 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 EOPN. Analysts at Zacks upgraded shares of E2open from an “underperform” rating to a “neutral” rating in a research note on Thursday. They now have a $16.10 price target on the stock. Finally, analysts at Bank of America downgraded shares of E2open from a “buy” rating to a “neutral” rating in a research note on Monday, July 14th. They now have a $21.50 price target on the stock, down previously from $23.50. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $24.51.

Shares of E2open (NASDAQ:EOPN) opened at 15.49 on Monday. E2open has a 1-year low of $14.21 and a 1-year high of $29.82. The stock’s 50-day moving average is $17.22 and its 200-day moving average is $20.25. The company’s market cap is $450.8 million.

E2open (NASDAQ:EOPN) last issued its quarterly earnings data on Thursday, July 10th. The company reported ($0.14) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.01. The company had revenue of $19.60 million for the quarter, compared to the consensus estimate of $19.48 million. During the same quarter last year, the company posted ($0.15) earnings per share. E2open’s revenue was up 21.7% compared to the same quarter last year. Analysts expect that E2open will post $-0.53 EPS for the current fiscal year.

E2open, Inc, is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.

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