Everbridge, Inc. (NASDAQ:EVBG) SVP Imad Mouline sold 3,493 shares of the company’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $26.45, for a total transaction of $92,389.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Everbridge, Inc. (NASDAQ EVBG) opened at 26.87 on Friday. Everbridge, Inc. has a 12-month low of $12.92 and a 12-month high of $27.50. The company’s market cap is $754.91 million. The company’s 50 day moving average is $25.60 and its 200 day moving average is $25.60.
Everbridge (NASDAQ:EVBG) last announced its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.03. Everbridge had a negative net margin of 16.72% and a negative return on equity of 26.39%. The company had revenue of $25.00 million for the quarter, compared to analysts’ expectations of $24.49 million. The business’s quarterly revenue was up 34.4% compared to the same quarter last year. Analysts forecast that Everbridge, Inc. will post ($0.28) earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in EVBG. Teachers Advisors LLC bought a new stake in Everbridge in the fourth quarter worth $180,000. Wells Fargo & Company MN increased its position in Everbridge by 404.7% during the first quarter. Wells Fargo & Company MN now owns 27,652 shares of the technology company’s stock valued at $568,000 after acquiring an additional 22,173 shares during the last quarter. Bank of New York Mellon Corp increased its position in Everbridge by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 118,442 shares of the technology company’s stock valued at $2,432,000 after acquiring an additional 325 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Everbridge during the first quarter valued at $5,165,000. Finally, Parametric Portfolio Associates LLC increased its position in Everbridge by 6.5% during the first quarter. Parametric Portfolio Associates LLC now owns 19,687 shares of the technology company’s stock valued at $404,000 after acquiring an additional 1,199 shares during the last quarter. Institutional investors own 51.22% of the company’s stock.
A number of equities analysts have recently commented on EVBG shares. SunTrust Banks, Inc. started coverage on shares of Everbridge in a report on Monday, June 26th. They issued a “buy” rating and a $32.00 price target on the stock. Northland Securities started coverage on shares of Everbridge in a report on Wednesday, August 30th. They issued an “outperform” rating and a $28.00 price target on the stock. Zacks Investment Research lowered shares of Everbridge from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Stifel Nicolaus increased their price target on shares of Everbridge from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Monday, September 18th. Finally, William Blair reissued a “buy” rating on shares of Everbridge in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $28.71.
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.
Receive News & Ratings for Everbridge Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everbridge Inc. and related companies with MarketBeat.com's FREE daily email newsletter.