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.

Several large investors have recently bought and sold shares of EVBG. Vanguard Group Inc. grew its position in shares of Everbridge by 11.6% during the 1st 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 period. Schwab Charles Investment Management Inc. grew its position in shares of Everbridge by 124.4% during the 2nd 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 period. Rhumbline Advisers acquired a new stake in shares of Everbridge during the 2nd quarter valued at about $452,000. Bank of New York Mellon Corp grew its position in shares of Everbridge by 67.8% during the 2nd 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 period. Finally, Legal & General Group Plc grew its position in shares of Everbridge by 196.3% during the 2nd 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 period. Hedge funds and other institutional investors own 65.40% of the company’s stock.

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.

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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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