SoundThinking (SSTI) Set to Announce Earnings on Tuesday

SoundThinking (NASDAQ:SSTI) will be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect SoundThinking to post earnings of ($0.08) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

SoundThinking Stock Up 1.8 %

SSTI opened at $11.58 on Friday. The firm’s fifty day simple moving average is $11.89 and its two-hundred day simple moving average is $13.23. The company has a market cap of $148.03 million, a price-to-earnings ratio of -72.38 and a beta of 1.17. SoundThinking has a 52-week low of $9.33 and a 52-week high of $26.92.

Insider Activity

In related news, CEO Ralph A. Clark sold 5,591 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $14.36, for a total transaction of $80,286.76. Following the transaction, the chief executive officer now directly owns 536,373 shares in the company, valued at $7,702,316.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Ralph A. Clark sold 5,591 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $14.36, for a total transaction of $80,286.76. Following the transaction, the chief executive officer now directly owns 536,373 shares of the company’s stock, valued at approximately $7,702,316.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ralph A. Clark sold 6,479 shares of SoundThinking stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $13.64, for a total value of $88,373.56. Following the transaction, the chief executive officer now directly owns 529,894 shares in the company, valued at approximately $7,227,754.16. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 14,327 shares of company stock worth $199,955. 9.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on SSTI. Cantor Fitzgerald reiterated an “overweight” rating and issued a $20.00 price target on shares of SoundThinking in a research note on Friday, September 6th. Craig Hallum decreased their target price on shares of SoundThinking from $19.00 to $17.50 and set a “hold” rating on the stock in a research report on Wednesday, August 7th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, SoundThinking presently has an average rating of “Moderate Buy” and a consensus target price of $22.13.

SoundThinking Company Profile

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes.