Zendesk, Inc. (NYSE:ZEN) CFO Elena Gomez sold 1,431 shares of Zendesk stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $27.06, for a total value of $38,722.86. Following the sale, the chief financial officer now directly owns 6,157 shares of the company’s stock, valued at approximately $166,608.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Elena Gomez also recently made the following trade(s):

  • On Thursday, May 18th, Elena Gomez sold 21,781 shares of Zendesk stock. The stock was sold at an average price of $25.46, for a total value of $554,544.26.

Shares of Zendesk, Inc. (NYSE ZEN) traded down 0.48% on Wednesday, reaching $27.00. The company had a trading volume of 35,537 shares. Zendesk, Inc. has a 52 week low of $19.77 and a 52 week high of $31.88. The company’s 50-day moving average price is $28.18 and its 200 day moving average price is $27.44. The firm’s market capitalization is $2.71 billion.

Zendesk (NYSE:ZEN) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.20. Zendesk had a negative return on equity of 32.10% and a negative net margin of 29.34%. The company had revenue of $101.30 million for the quarter, compared to analyst estimates of $99.47 million. During the same period in the previous year, the business posted ($0.06) earnings per share. The firm’s revenue was up 36.5% compared to the same quarter last year. On average, analysts expect that Zendesk, Inc. will post ($0.17) EPS for the current year.

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A number of hedge funds have recently bought and sold shares of ZEN. Principal Financial Group Inc. boosted its stake in Zendesk by 2.5% in the first quarter. Principal Financial Group Inc. now owns 11,605 shares of the software maker’s stock worth $325,000 after buying an additional 283 shares during the last quarter. Parallel Advisors LLC boosted its stake in Zendesk by 3.8% in the second quarter. Parallel Advisors LLC now owns 8,275 shares of the software maker’s stock worth $243,000 after buying an additional 300 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Zendesk by 8.8% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,998 shares of the software maker’s stock worth $111,000 after buying an additional 323 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Zendesk by 10.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,887 shares of the software maker’s stock worth $108,000 after buying an additional 352 shares during the last quarter. Finally, Trillium Asset Management LLC boosted its stake in Zendesk by 1.6% in the first quarter. Trillium Asset Management LLC now owns 52,838 shares of the software maker’s stock worth $1,482,000 after buying an additional 831 shares during the last quarter. 92.62% of the stock is owned by institutional investors.

A number of equities research analysts recently commented on ZEN shares. Guggenheim reaffirmed a “buy” rating and set a $33.00 target price on shares of Zendesk in a report on Tuesday, April 18th. Zacks Investment Research downgraded Zendesk from a “hold” rating to a “sell” rating in a report on Wednesday, May 10th. BidaskClub downgraded Zendesk from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 29th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Zendesk in a report on Friday, July 21st. Finally, KeyCorp reaffirmed a “buy” rating and set a $35.00 target price on shares of Zendesk in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. Zendesk presently has an average rating of “Buy” and a consensus target price of $33.00.

Zendesk Company Profile

Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.

Insider Buying and Selling by Quarter for Zendesk (NYSE:ZEN)

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