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Concur Technologies (NASDAQ:CNQR) COO Rajeev Singh sold 11,242 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $100.04, for a total value of $1,124,649.68. Following the completion of the transaction, the chief operating officer now directly owns 140,892 shares in the company, valued at approximately $14,094,836. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Concur Technologies (NASDAQ:CNQR) traded down 0.47% on Wednesday, hitting $100.15. 146,164 shares of the company’s stock traded hands. 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 $93.50 and its 200-day moving average is $96.98. The company’s market cap is $5.712 billion.

Concur Technologies (NASDAQ:CNQR) last announced its earnings results on Monday, August 4th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.09. The company had revenue of $178.40 million for the quarter, compared to the consensus estimate of $175.15 million. During the same quarter last year, the company posted $0.39 earnings per share. Concur Technologies’s revenue was up 28.6% compared to the same quarter last year. Analysts expect that Concur Technologies will post $0.61 EPS for the current fiscal year.

CNQR has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus reiterated an “underperform” rating on shares of Concur Technologies in a research note on Tuesday, August 5th. They now have a $72.00 price target on the stock, down previously from $73.00. Separately, analysts at Deutsche Bank raised their price target on shares of Concur Technologies from $95.00 to $110.00 in a research note on Monday, August 4th. They now have a “buy” rating on the stock. Finally, 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. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Concur Technologies has a consensus rating of “Hold” and a consensus target price of $107.33.

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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