EVBG has been the topic of several other reports. BidaskClub raised shares of Everbridge from a sell rating to a hold rating in a research note on Thursday, October 3rd. Zacks Investment Research cut shares of Everbridge from a buy rating to a hold rating in a research report on Monday, October 7th. Canaccord Genuity dropped their price target on shares of Everbridge from $105.00 to $90.00 and set a buy rating for the company in a research note on Tuesday, November 5th. Credit Suisse Group reaffirmed an outperform rating and set a $90.00 price objective (down previously from $100.00) on shares of Everbridge in a research report on Tuesday, November 5th. Finally, Stephens assumed coverage on Everbridge in a research report on Monday. They set a buy rating and a $98.00 price objective on the stock. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $97.42.
NASDAQ EVBG opened at $85.39 on Tuesday. The company has a market cap of $2.97 billion, a P/E ratio of -59.71 and a beta of 1.01. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a 50-day moving average of $78.09 and a two-hundred day moving average of $82.07. Everbridge has a 1-year low of $46.36 and a 1-year high of $104.22.
In other news, CAO Phillip E. Huff sold 762 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $86.50, for a total value of $65,913.00. Following the sale, the chief accounting officer now directly owns 4,473 shares in the company, valued at approximately $386,914.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Patrick Brickley sold 8,183 shares of Everbridge stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $69.85, for a total transaction of $571,582.55. Insiders sold 28,994 shares of company stock valued at $2,359,734 in the last quarter. 2.20% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the stock. Sun Life Financial INC acquired a new stake in Everbridge in the second quarter valued at $61,000. Harvest Fund Management Co. Ltd acquired a new stake in Everbridge during the second quarter worth approximately $103,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Everbridge by 16.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,817 shares of the technology company’s stock worth $112,000 after purchasing an additional 257 shares in the last quarter. Advisor Group Inc. raised its holdings in Everbridge by 22.4% during the second quarter. Advisor Group Inc. now owns 1,460 shares of the technology company’s stock worth $131,000 after purchasing an additional 267 shares in the last quarter. Finally, Westside Investment Management Inc. purchased a new stake in shares of Everbridge during the 2nd quarter worth approximately $169,000.
Everbridge, Inc operates as a software company in the United States and internationally. The company's Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification that enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management that enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage.
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