Everbridge, Inc. (NASDAQ:EVBG) SVP Elliot J. Mark sold 1,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $27.76, for a total transaction of $27,760.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Everbridge, Inc. (NASDAQ EVBG) traded up $0.90 during midday trading on Wednesday, hitting $29.58. 520,100 shares of the stock were exchanged, compared to its average volume of 219,211. Everbridge, Inc. has a 52 week low of $14.26 and a 52 week high of $29.99.

Everbridge (NASDAQ:EVBG) last posted its quarterly earnings results on Monday, November 6th. The technology company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.04. The business had revenue of $27.31 million during the quarter, compared to the consensus estimate of $26.41 million. Everbridge had a negative net margin of 17.10% and a negative return on equity of 29.44%. The firm’s revenue for the quarter was up 37.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.07) earnings per share. research analysts predict that Everbridge, Inc. will post -0.55 earnings per share for the current fiscal year.

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EVBG has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Everbridge from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. William Blair restated a “buy” rating on shares of Everbridge in a research report on Monday, September 25th. Needham & Company LLC lifted their price objective on shares of Everbridge from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. Canaccord Genuity reaffirmed a “buy” rating and set a $33.00 price objective (up from $28.00) on shares of Everbridge in a report on Tuesday, November 7th. Finally, Northland Securities reaffirmed an “outperform” rating and set a $31.00 price objective (up from $28.00) on shares of Everbridge in a report on Friday, October 13th. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $31.00.

A number of institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its stake in Everbridge by 0.3% in the first quarter. Bank of New York Mellon Corp now owns 118,442 shares of the technology company’s stock worth $2,432,000 after purchasing an additional 325 shares during the last quarter. Gradient Investments LLC lifted its stake in Everbridge by 3.3% in the second quarter. Gradient Investments LLC now owns 18,017 shares of the technology company’s stock worth $439,000 after purchasing an additional 576 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in Everbridge by 6.5% in the first quarter. Parametric Portfolio Associates LLC now owns 19,687 shares of the technology company’s stock worth $404,000 after purchasing an additional 1,199 shares during the last quarter. Legal & General Group Plc lifted its stake in Everbridge by 196.3% in the second quarter. Legal & General Group Plc now owns 4,355 shares of the technology company’s stock worth $107,000 after purchasing an additional 2,885 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in Everbridge by 5.6% in the third quarter. Schwab Charles Investment Management Inc. now owns 65,971 shares of the technology company’s stock worth $1,743,000 after purchasing an additional 3,499 shares during the last quarter. 54.44% of the stock is owned by institutional investors and hedge funds.

About Everbridge

Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.

Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

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