Saba Software major shareholder Ardsley Advisory Partners Purchases 22,500 Shares (SABA)
Saba Software (NASDAQ:SABA) major shareholder Ardsley Advisory Partners bought 22,500 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 26th. The stock was purchased at an average price of $14.31 per share, with a total value of $321,975.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock 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 down 0.70% during mid-day trading on Thursday, hitting $14.10. The stock had a trading volume of 46,150 shares. Saba Software has a 52-week low of $9.20 and a 52-week high of $14.50. The stock’s 50-day moving average is $12.67 and its 200-day moving average is $11.70. The company’s market cap is $420.0 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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