Concur Technologies EVP Elena A. Donio Sells 6,875 Shares (CNQR)
Concur Technologies (NASDAQ:CNQR) EVP Elena A. Donio unloaded 6,875 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $110.00, for a total value of $756,250.00. Following the completion of the sale, the executive vice president now directly owns 32,046 shares in the company, valued at approximately $3,525,060. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on CNQR. Analysts at Goldman Sachs reiterated a “sell” rating on shares of Concur Technologies in a research note on Wednesday. Separately, analysts at Robert W. Baird downgraded shares of Concur Technologies from an “outperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $115.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Davidson initiated coverage on shares of Concur Technologies in a research note on Wednesday, August 27th. They set a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Concur Technologies currently has an average rating of “Hold” and an average target price of $109.25.
Shares of Concur Technologies (NASDAQ:CNQR) traded down 3.12% on Thursday, hitting $106.18. The stock had a trading volume of 832,449 shares. 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 $96.21 and its 200-day moving average is $95.74. The company’s market cap is $6.056 billion.
Concur Technologies (NASDAQ:CNQR) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was up 28.6% on a year-over-year basis. On average, analysts predict that Concur Technologies will post $0.61 earnings per share for the current fiscal year.
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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