Envestnet Inc (NYSE:ENV) insider Shelly O’brien sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $50.00, for a total transaction of $150,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shelly O’brien also recently made the following trade(s):

  • On Wednesday, December 6th, Shelly O’brien sold 1,500 shares of Envestnet stock. The stock was sold at an average price of $50.00, for a total transaction of $75,000.00.
  • On Friday, December 1st, Shelly O’brien sold 1,500 shares of Envestnet stock. The stock was sold at an average price of $48.13, for a total transaction of $72,195.00.
  • On Wednesday, November 1st, Shelly O’brien sold 3,000 shares of Envestnet stock. The stock was sold at an average price of $53.28, for a total transaction of $159,840.00.
  • On Friday, October 27th, Shelly O’brien sold 3,000 shares of Envestnet stock. The stock was sold at an average price of $53.48, for a total transaction of $160,440.00.

Envestnet Inc (ENV) traded down $0.10 during trading hours on Thursday, reaching $51.90. 138,112 shares of the company’s stock traded hands, compared to its average volume of 265,867. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.63. The firm has a market cap of $2,250.73, a price-to-earnings ratio of -42.19, a price-to-earnings-growth ratio of 2.90 and a beta of 1.91. Envestnet Inc has a 12 month low of $30.80 and a 12 month high of $55.15.

Envestnet (NYSE:ENV) last posted its earnings results on Wednesday, November 8th. The business services provider reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $175.61 million for the quarter, compared to analyst estimates of $171.57 million. Envestnet had a negative net margin of 8.15% and a positive return on equity of 8.92%. Envestnet’s revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 EPS. sell-side analysts anticipate that Envestnet Inc will post 0.89 EPS for the current year.

A number of equities analysts recently weighed in on ENV shares. Stifel Nicolaus restated a “buy” rating and set a $52.00 price target on shares of Envestnet in a research report on Tuesday, September 26th. Jefferies Group boosted their price target on shares of Envestnet from $47.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Zacks Investment Research upgraded shares of Envestnet from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research report on Tuesday, October 10th. UBS Group restated a “buy” rating and set a $63.00 price target (up from $50.00) on shares of Envestnet in a research report on Monday, October 9th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Envestnet in a research report on Tuesday, November 7th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $55.13.

Large investors have recently bought and sold shares of the business. D.A. Davidson & CO. boosted its holdings in Envestnet by 13.0% in the 2nd quarter. D.A. Davidson & CO. now owns 3,286 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 379 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in Envestnet by 5.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,782 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 204 shares during the last quarter. Zions Bancorporation acquired a new position in Envestnet in the 3rd quarter valued at about $181,000. Personal Capital Advisors Corp acquired a new position in Envestnet in the 3rd quarter valued at about $203,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in Envestnet by 525.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,151 shares of the business services provider’s stock valued at $204,000 after purchasing an additional 4,328 shares during the last quarter. Institutional investors own 94.90% of the company’s stock.

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About Envestnet

Envestnet, Inc is a provider of financial and wealth management technology and services to financial advisors, investors and financial service providers. The Company’s segments are Envestnet and Envestnet Yodlee. Its Envestnet segment provides unified wealth management software and services empowering financial advisors and institutions.

Insider Buying and Selling by Quarter for Envestnet (NYSE:ENV)

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