Kenneth S. Goldman Sells 10,326 Shares of Everbridge Inc (EVBG) Stock
Everbridge Inc (NASDAQ:EVBG) CFO Kenneth S. Goldman sold 10,326 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $29.51, for a total value of $304,720.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Everbridge Inc (EVBG) traded up $0.30 during midday trading 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. The stock has a market cap of $843.83 and a price-to-earnings ratio of -49.62. Everbridge Inc has a twelve month low of $16.63 and a twelve month high of $30.23.
Everbridge (NASDAQ:EVBG) last posted its earnings results on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. Everbridge had a negative return on equity of 29.44% and a negative net margin of 17.10%. The firm had revenue of $27.31 million for the quarter, compared to analysts’ expectations of $26.41 million. During the same period last year, the firm earned ($0.07) EPS. The company’s quarterly revenue was up 37.0% on a year-over-year basis. equities research analysts forecast that Everbridge Inc will post -0.55 earnings per share for the current year.
EVBG has been the subject of a number of recent research reports. Northland Securities reiterated a “buy” rating and set a $33.00 price objective on shares of Everbridge in a research note on Friday, November 10th. Zacks Investment Research upgraded Everbridge from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Friday, November 10th. Canaccord Genuity reiterated a “buy” rating and set a $33.00 price objective (up previously from $28.00) on shares of Everbridge in a research note on Tuesday, November 7th. Needham & Company LLC lifted their price objective on Everbridge from $28.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, November 7th. Finally, Stifel Nicolaus lifted their price objective on Everbridge from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $31.00.
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.
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