Shotspotter (SSTI) Set to Announce Earnings on Tuesday

Shotspotter (NASDAQ:SSTI) is scheduled to post its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect Shotspotter to post earnings of ($0.07) per share for the quarter.

Shares of Shotspotter (NASDAQ:SSTI) opened at $16.75 on Tuesday. Shotspotter has a fifty-two week low of $9.33 and a fifty-two week high of $20.15. The company has a market cap of $161.58 and a price-to-earnings ratio of -19.71.

A number of analysts have commented on the stock. Northland Securities reaffirmed a “buy” rating and set a $20.00 target price on shares of Shotspotter in a report on Friday, November 10th. Imperial Capital set a $20.00 target price on shares of Shotspotter and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Roth Capital lifted their target price on shares of Shotspotter from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th.

In other news, CFO Alan R. Stewart purchased 3,000 shares of Shotspotter stock in a transaction dated Wednesday, December 6th. The shares were bought at an average cost of $13.53 per share, with a total value of $40,590.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of Shotspotter stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total transaction of $14,246,685.00. The disclosure for this sale can be found here.

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About Shotspotter

ShotSpotter, Inc is engaged in designing and delivering gunfire alert and analysis solutions. The Company offers its software solutions on a SaaS-based subscription model. It has one operating segment with one business activity, providing gunshot detection systems. Its safety solutions include ShotSpotter Flex, ShotSpotter (SST) SecureCampus and ShotSpotter SiteSecure.

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