Insider Selling: Medallia, Inc. (NYSE:MDLA) CFO Sells 12,385 Shares of Stock

Medallia, Inc. (NYSE:MDLA) CFO Roxanne Oulman sold 12,385 shares of the business’s stock in a transaction on Thursday, April 15th. The stock was sold at an average price of $29.15, for a total value of $361,022.75. Following the completion of the transaction, the chief financial officer now directly owns 527,215 shares of the company’s stock, valued at $15,368,317.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Roxanne Oulman also recently made the following trade(s):

  • On Monday, March 15th, Roxanne Oulman sold 12,609 shares of Medallia stock. The stock was sold at an average price of $29.68, for a total value of $374,235.12.
  • On Wednesday, February 10th, Roxanne Oulman sold 30,000 shares of Medallia stock. The shares were sold at an average price of $45.49, for a total value of $1,364,700.00.
  • On Friday, February 5th, Roxanne Oulman sold 8,091 shares of Medallia stock. The shares were sold at an average price of $44.63, for a total value of $361,101.33.

Shares of NYSE MDLA traded down $0.39 on Friday, hitting $29.78. The company had a trading volume of 746,016 shares, compared to its average volume of 1,915,583. Medallia, Inc. has a 12-month low of $19.43 and a 12-month high of $48.28. The business has a 50 day moving average of $30.98 and a two-hundred day moving average of $34.11. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $4.63 billion, a P/E ratio of -31.02 and a beta of 1.78.

Medallia (NYSE:MDLA) last issued its earnings results on Thursday, March 4th. The company reported ($0.01) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01). Medallia had a negative return on equity of 24.84% and a negative net margin of 28.69%. The company had revenue of $128.05 million during the quarter, compared to the consensus estimate of $124.59 million. The company’s revenue was up 16.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Medallia, Inc. will post -0.62 earnings per share for the current year.

MDLA has been the subject of several analyst reports. BTIG Research upped their target price on Medallia from $37.00 to $49.00 and gave the company a “buy” rating in a research note on Tuesday, January 19th. Credit Suisse Group reiterated a “neutral” rating and issued a $34.00 target price on shares of Medallia in a research note on Monday, March 29th. Citigroup upgraded Medallia from a “neutral” rating to a “buy” rating and upped their target price for the company from $40.00 to $64.00 in a research note on Tuesday, February 23rd. Zacks Investment Research upgraded Medallia from a “sell” rating to a “hold” rating in a research note on Thursday, February 4th. Finally, Bank of America began coverage on Medallia in a research note on Tuesday, January 19th. They set a “buy” rating and a $50.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $40.25.

Several hedge funds and other institutional investors have recently modified their holdings of MDLA. Charles Schwab Investment Management Inc. boosted its position in shares of Medallia by 169.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 541,987 shares of the company’s stock worth $14,862,000 after buying an additional 340,638 shares during the period. Truist Financial Corp boosted its position in shares of Medallia by 66.4% in the third quarter. Truist Financial Corp now owns 20,325 shares of the company’s stock worth $557,000 after buying an additional 8,109 shares during the period. Great West Life Assurance Co. Can boosted its position in shares of Medallia by 108.7% in the third quarter. Great West Life Assurance Co. Can now owns 152,091 shares of the company’s stock worth $4,074,000 after buying an additional 79,222 shares during the period. California State Teachers Retirement System boosted its position in shares of Medallia by 4.6% in the third quarter. California State Teachers Retirement System now owns 147,511 shares of the company’s stock worth $4,045,000 after buying an additional 6,528 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Medallia by 29.5% in the third quarter. Sei Investments Co. now owns 369,787 shares of the company’s stock worth $10,140,000 after buying an additional 84,231 shares during the period. 91.81% of the stock is owned by institutional investors.

Medallia Company Profile

Medallia, Inc provides an enterprise Software-as-a-Service platform in North America, Europe, the Middle East, Africa, and internationally. The company's platform utilizes deep learning-based artificial intelligence technology to analyze structured and unstructured data from signal fields in human, digital, and Internet of Things interactions.

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Insider Buying and Selling by Quarter for Medallia (NYSE:MDLA)

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