Everbridge Inc (EVBG) SVP Sells $199,101.00 in Stock

Everbridge Inc (NASDAQ:EVBG) SVP Imad Mouline sold 6,986 shares of the company’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $28.50, for a total value of $199,101.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Imad Mouline also recently made the following trade(s):

  • On Thursday, October 5th, Imad Mouline sold 3,493 shares of Everbridge stock. The stock was sold at an average price of $26.45, for a total value of $92,389.85.

Everbridge Inc (NASDAQ EVBG) opened at $29.72 on Friday. Everbridge Inc has a 12 month low of $16.63 and a 12 month high of $30.20.

Everbridge (NASDAQ:EVBG) last announced its quarterly earnings data on Monday, November 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The firm had revenue of $27.31 million during the quarter, compared to the consensus estimate of $26.41 million. Everbridge had a negative return on equity of 29.44% and a negative net margin of 17.10%. The business’s revenue for the quarter was up 37.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) EPS. research analysts expect that Everbridge Inc will post -0.55 EPS for the current fiscal year.

Several brokerages recently issued reports on EVBG. William Blair reiterated a “buy” rating on shares of Everbridge in a report on Tuesday, December 26th. KeyCorp restated a “buy” rating and issued a $27.00 price objective on shares of Everbridge in a research note on Sunday, September 10th. Northland Securities restated an “outperform” rating and issued a $31.00 price objective (up previously from $28.00) on shares of Everbridge in a research note on Friday, October 13th. Canaccord Genuity restated a “buy” rating and issued a $33.00 price objective (up previously from $28.00) on shares of Everbridge in a research note on Tuesday, November 7th. Finally, ValuEngine upgraded Everbridge from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $31.00.

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Everbridge by 115.8% during the 2nd quarter. Vanguard Group Inc. now owns 696,917 shares of the technology company’s stock worth $16,977,000 after acquiring an additional 373,899 shares during the period. Janus Henderson Group PLC bought a new position in shares of Everbridge during the 3rd quarter worth $16,417,000. Nicholas Investment Partners LP grew its stake in shares of Everbridge by 21.7% during the 3rd quarter. Nicholas Investment Partners LP now owns 530,969 shares of the technology company’s stock worth $14,028,000 after acquiring an additional 94,790 shares during the period. Lord Abbett & CO. LLC bought a new position in shares of Everbridge during the 2nd quarter worth $11,771,000. Finally, Hood River Capital Management LLC bought a new position in shares of Everbridge during the 3rd quarter worth $12,288,000. Hedge funds and other institutional investors own 65.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

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