Anaplan (PLAN) Scheduled to Post Earnings on Wednesday

Anaplan (NYSE:PLAN) will announce its earnings results before the market opens on Wednesday, November 28th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Shares of PLAN stock opened at $22.40 on Tuesday. Anaplan has a one year low of $20.37 and a one year high of $27.30.

In related news, Director Robert E. Beauchamp acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 12th. The stock was acquired at an average price of $24.21 per share, for a total transaction of $242,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sandesh Kaveripatnam acquired 1,104,999 shares of the firm’s stock in a transaction that occurred on Tuesday, October 16th. The shares were bought at an average price of $17.00 per share, with a total value of $18,784,983.00. The disclosure for this purchase can be found here. In the last quarter, insiders bought 1,118,599 shares of company stock valued at $19,088,283.

Several analysts have recently commented on PLAN shares. Barclays started coverage on shares of Anaplan in a report on Tuesday, November 6th. They issued an “overweight” rating and a $30.00 target price for the company. Morgan Stanley started coverage on shares of Anaplan in a report on Tuesday, November 6th. They issued an “equal weight” rating and a $23.00 target price for the company. SunTrust Banks started coverage on shares of Anaplan in a report on Tuesday, November 6th. They issued a “buy” rating and a $28.00 target price for the company. Needham & Company LLC started coverage on shares of Anaplan in a report on Tuesday, November 6th. They issued a “buy” rating and a $30.00 target price for the company. Finally, Goldman Sachs Group started coverage on shares of Anaplan in a report on Tuesday, November 6th. They issued a “neutral” rating and a $25.00 target price for the company. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $27.33.

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About Anaplan

Anaplan, Inc provides a cloud-based connected planning platform Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.

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