Silver Spring Networks (NYSE:SSNI) will issue its quarterly earnings data after the market closes on Monday, February 19th. Analysts expect the company to announce earnings of $0.07 per share for the quarter.
Silver Spring Networks (SSNI) opened at $16.26 on Monday. The stock has a market cap of $880.35, a PE ratio of -19.59 and a beta of 1.60. Silver Spring Networks has a 52-week low of $9.68 and a 52-week high of $16.26.
In other news, CEO Michael Bell sold 140,230 shares of the stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $16.23, for a total transaction of $2,275,932.90. Following the sale, the chief executive officer now owns 208,068 shares in the company, valued at $3,376,943.64. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Theresa Stynes sold 17,618 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $16.23, for a total transaction of $285,940.14. Following the sale, the insider now owns 24,519 shares in the company, valued at approximately $397,943.37. The disclosure for this sale can be found here. In the last quarter, insiders have sold 288,117 shares of company stock worth $4,669,524. Corporate insiders own 25.20% of the company’s stock.
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Silver Spring Networks Company Profile
Silver Spring Networks, Inc is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid.
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