Proofpoint Inc (NASDAQ:PFPT) EVP Bhagwat Swaroop sold 900 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $98.86, for a total transaction of $88,974.00. Following the completion of the sale, the executive vice president now directly owns 4,077 shares in the company, valued at approximately $403,052.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Proofpoint Inc (PFPT) opened at $105.25 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 11.57. The stock has a market cap of $5,296.71, a P/E ratio of -55.10 and a beta of 1.39. Proofpoint Inc has a 1 year low of $70.30 and a 1 year high of $105.80.
Proofpoint (NASDAQ:PFPT) last announced its earnings results on Tuesday, February 6th. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.08. The business had revenue of $145.40 million for the quarter, compared to analyst estimates of $139.61 million. Proofpoint had a negative net margin of 16.37% and a negative return on equity of 131.99%. The company’s revenue for the quarter was up 36.1% compared to the same quarter last year. During the same period last year, the firm posted $0.18 earnings per share. research analysts predict that Proofpoint Inc will post -0.91 EPS for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the company. Exane Derivatives grew its position in shares of Proofpoint by 901.8% during the fourth quarter. Exane Derivatives now owns 1,713 shares of the software maker’s stock worth $152,000 after acquiring an additional 1,542 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Proofpoint during the second quarter worth approximately $215,000. Gotham Asset Management LLC purchased a new position in shares of Proofpoint during the second quarter worth approximately $222,000. Sigma Planning Corp purchased a new position in shares of Proofpoint during the fourth quarter worth approximately $238,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of Proofpoint during the second quarter worth approximately $253,000.
Proofpoint Company Profile
Proofpoint, Inc is a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive and govern their sensitive data. The Company’s security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication.
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