Everbridge Inc (NASDAQ:EVBG) SVP Elliot J. Mark sold 3,500 shares of Everbridge stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $29.78, for a total value of $104,230.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Everbridge Inc (EVBG) traded up $0.30 on Thursday, hitting $29.77. The company’s stock had a trading volume of 389,352 shares, compared to its average volume of 340,300. Everbridge Inc has a 1 year low of $16.63 and a 1 year high of $30.23. The firm has a market cap of $843.83 and a P/E ratio of -49.62.

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

Several research firms have weighed in on EVBG. William Blair reiterated a “buy” rating on shares of Everbridge in a report on Tuesday, December 26th. Northland Securities reiterated a “buy” rating and set a $33.00 target price on shares of Everbridge in a report on Friday, November 10th. Zacks Investment Research upgraded Everbridge from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Friday, November 10th. Credit Suisse Group reissued an “outperform” rating and issued a $30.00 price target (up previously from $26.50) on shares of Everbridge in a research note on Friday, November 17th. Finally, KeyCorp lifted their price target on Everbridge from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $31.00.

Several large investors have recently added to or reduced their stakes in EVBG. Vanguard Group Inc. increased its position in shares of Everbridge by 11.6% in the first quarter. Vanguard Group Inc. now owns 323,018 shares of the technology company’s stock valued at $6,631,000 after acquiring an additional 33,665 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Everbridge by 124.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 62,472 shares of the technology company’s stock valued at $1,522,000 after acquiring an additional 34,636 shares during the last quarter. Rhumbline Advisers acquired a new stake in shares of Everbridge in the second quarter valued at about $452,000. Bank of New York Mellon Corp increased its position in shares of Everbridge by 67.8% in the second quarter. Bank of New York Mellon Corp now owns 198,687 shares of the technology company’s stock valued at $4,840,000 after acquiring an additional 80,245 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Everbridge by 196.3% in the second quarter. Legal & General Group Plc now owns 4,355 shares of the technology company’s stock valued at $107,000 after acquiring an additional 2,885 shares during the last quarter. 65.40% of the stock is currently owned by institutional investors and hedge funds.

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Everbridge Company Profile

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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