Everbridge, Inc. (NASDAQ:EVBG – Get Free Report) insider Bryan Reed Barney sold 3,276 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $34.99, for a total transaction of $114,627.24. Following the completion of the sale, the insider now directly owns 18,569 shares of the company’s stock, valued at $649,729.31. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Everbridge Stock Up 0.0 %
NASDAQ:EVBG opened at $35.00 on Tuesday. The firm has a market cap of $1.46 billion, a P/E ratio of -22.44, a P/E/G ratio of 0.95 and a beta of 0.98. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.72 and a current ratio of 0.72. Everbridge, Inc. has a fifty-two week low of $18.50 and a fifty-two week high of $36.31. The firm has a 50-day simple moving average of $34.77 and a two-hundred day simple moving average of $30.91.
Everbridge (NASDAQ:EVBG – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The technology company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.21). The firm had revenue of $111.43 million for the quarter, compared to the consensus estimate of $111.90 million. Everbridge had a negative net margin of 11.67% and a positive return on equity of 5.26%. Analysts predict that Everbridge, Inc. will post 0.78 earnings per share for the current fiscal year.
Institutional Trading of Everbridge
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on EVBG shares. StockNews.com assumed coverage on shares of Everbridge in a research report on Sunday. They issued a “hold” rating for the company. Canaccord Genuity Group increased their price target on shares of Everbridge from $28.60 to $35.00 and gave the stock a “hold” rating in a research note on Monday, March 4th. Needham & Company LLC reiterated a “hold” rating on shares of Everbridge in a research note on Monday, May 13th. Truist Financial increased their price target on shares of Everbridge from $20.00 to $35.00 and gave the stock a “hold” rating in a research note on Monday, March 4th. Finally, Robert W. Baird increased their price target on shares of Everbridge from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. One analyst has rated the stock with a sell rating and ten have issued a hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $29.75.
Read Our Latest Report on Everbridge
Everbridge Company Profile
Everbridge, Inc engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables 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.
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