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Saba Software (NASDAQ:SABA) major shareholder Ardsley Advisory Partners bought 11,900 shares of the company’s stock on the open market in a transaction dated Monday, August 25th. The shares were purchased at an average cost of $13.79 per share, for a total transaction of $164,101.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions 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.

Saba Software (NASDAQ:SABA) traded up 4.01% on Monday, hitting $14.25. 17,681 shares of the company’s stock traded hands. Saba Software has a 52 week low of $9.20 and a 52 week high of $13.90. The stock’s 50-day moving average is $12. and its 200-day moving average is $11.67. The company’s market cap is $424.4 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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