Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $38.70, for a total value of $438,703.20. Following the completion of the sale, the executive now owns 12,480 shares in the company, valued at approximately $482,976. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Coupa Software Inc (NASDAQ:COUP) traded up $0.85 on Tuesday, hitting $39.49. The stock had a trading volume of 662,925 shares, compared to its average volume of 656,021. Coupa Software Inc has a fifty-two week low of $22.50 and a fifty-two week high of $40.31. The company has a market cap of $2,155.62, a P/E ratio of -48.75 and a beta of 4.73.
Coupa Software (NASDAQ:COUP) last posted its quarterly earnings results on Monday, December 4th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.06. Coupa Software had a negative return on equity of 20.40% and a negative net margin of 24.37%. The business had revenue of $47.30 million for the quarter, compared to the consensus estimate of $45.02 million. During the same quarter in the prior year, the company earned ($0.22) EPS. The business’s revenue was up 33.6% compared to the same quarter last year. equities analysts anticipate that Coupa Software Inc will post -0.94 earnings per share for the current fiscal year.
A number of research firms have weighed in on COUP. Zacks Investment Research upgraded Coupa Software from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Thursday, February 8th. Morgan Stanley increased their target price on Coupa Software from $35.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. SunTrust Banks began coverage on Coupa Software in a research note on Wednesday, January 31st. They issued a “buy” rating and a $45.00 target price on the stock. ValuEngine upgraded Coupa Software from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Finally, Northland Securities set a $41.00 target price on Coupa Software and gave the stock a “buy” rating in a research note on Wednesday, January 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $38.52.
About Coupa Software
Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.
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