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Saba Software (NASDAQ:SABA) major shareholder Ardsley Advisory Partners bought 25,600 shares of Saba Software stock on the open market in a transaction dated Wednesday, August 20th. The shares were purchased at an average price of $12.63 per share, for a total transaction of $323,328.00. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Separately, analysts at Northland Securities reiterated an “outperform” rating on shares of Saba Software in a research note on Monday, July 7th. They now have a $18.00 price target on the stock.

Shares of Saba Software (NASDAQ:SABA) opened at 13.65 on Friday. Saba Software has a one year low of $9.20 and a one year high of $13.90. The stock’s 50-day moving average is $12.44 and its 200-day moving average is $11.67. The company’s market cap is $406.6 million.

Saba Software, Inc (NASDAQ:SABA) is a provider of people systems, which constitute a class of business-critical software that combines enterprise learning, people management and collaboration technologies.

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